Commodity Buyer

Faurecia • Auburn Hills, MI

10d • Hybrid

About The Position

Forvia, a sustainable mobility technology leader, is seeking a Commodity Buyer. This role is responsible for developing and managing a supplier panel for a specific commodity segment, selecting suppliers according to Faurecia group criteria, applying purchasing policy, and developing suppliers to continuously improve QCD performance. The Buyer will identify and lead initiatives to improve global productivity and achieve financial objectives. The company pioneers technology for mobility experiences that matter to people and is the seventh-largest global automotive supplier, employing over 157,000 people in more than 40 countries.

Requirements

• Bachelor’s degree in Business, Engineering or related field.
• 8 years in automotive industry
• 5 years in purchasing functions
• Very good Excel and Word skills
• Strong communication skills
• Able to accommodate ~15% - 20% travel (domestic & international)
• Commitment to the highest ethical standards and willingness to adhere to Faurecia’s Code of Ethics and Code of Management
• Team Player

Nice To Haves

• SAP experience

Responsibilities

• Develop and execute segment Commodity Strategy
• Define and lead activities aligned to Commodity Strategy
• Responsible for delivering purchasing budget, updating forecast, reporting monthly savings
• Support Program Buyers with sourcing of new segments and supplier Panel definition
• Pursue optimally economical costs for goods/services required, in conjunction with obtaining continual long term agreement savings opportunities
• Performs continual review and evaluation of the current supply base and also new potential suppliers through cross-functional supplier audits/visits based on the criteria provided by Group
• Progress savings from inception through to implementation
• Conduct management meetings to review and improve supplier performance
• Identify savings, update forecast file and follow through to completion. Take ownership and responsibility for actions under buyer, lead activity
• Identify savings at month end and cross-reference against productivity file to confirm completion.
• Report savings each month to Manager and confirm with Controller that they are captured.
• Calculate retroactive debits/credits for late identified savings, ensure they are captured at month end, follow through to cash receipt or debit execution.
• Hold monthly supplier management reviews to identify savings gaps, get up to speed on quality issues, communicate FAS intentions, understand supplier glide path to target etc.
• Follows market trends for specific commodities and raw materials
• Prepares and deploys Commodity Strategies & Cost Models for various commodities
• Understand all cost break-downs and challenge supply base accordingly to ensure cost is optimized
• Have the ability to fully understand cost models and be able to provide input towards generating a cost model

Benefits

• Opportunity for career development
• Learning environment with online and in-person training within FORVIA University
• Multicultural environment that values diversity and international collaboration
• Commitment to CO2 Net Zero by no later than 2045

What This Job Offers

• Job Type: Full-time
• Career Level: Senior