Buyer/Cost Analyst - 1st Procurement

Subaru•Lafayette, IN

About The Position

The Buyer/Cost Analyst is responsible for finding the most accurate cost to develop negotiation strategy, use effective negotiation strategy to influence a party to adjust their position based on the analysis to align with accurate costs and mutually beneficial interests. They will work directly with suppliers to understand engineering changes, analyze costs, and negotiate as necessary.

Requirements

Bachelor’s degree in Procurement, Supply Chain, Manufacturing, Business, Engineering, Finance, or a related field of study
Strong computer skills including Excel, Word, Access, and PowerPoint

Nice To Haves

Bachelor’s degree plus 3-5 years relevant experience in Procurement, Supply Chain, Manufacturing, Business, Engineering, Finance, or a related field of study
Understanding of Purchasing and product development process
Production process background/knowledge

Responsibilities

Responsible for 10-15 supplier accounts with an average annual spend of $160 million
Leads in achieving company sourcing targets
Gains industry knowledge of commodity group and automotive industry trends
Creates long-term sourcing strategy for commodity group
Facilitates new supplier vetting (including on-site and financial audits)
Executes sourcing strategies through the sourcing decision making process
Reports and gain final approval up to executive level management
Leads company cost reduction activity
Cost structure and supply-chain analysis
Supplier production process evaluation and improvement activity
Supplier negotiation
Initiates VA/VE activity through collaboration with design & quality engineers
Contract management activity
Engineering change cost analysis and approval contract activity
Tactical support for supplier quality, delivery, development, packaging, AP/AR, and service parts
Oversees the contracts negotiated with the suppliers
Additional account maintenance activity
All other duties as assigned