Program Buyer

Magna International-posted 1 day ago
Full-time • Mid Level
Holly, MI
5,001-10,000 employees
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At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are. Group Summary: Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Electronics, and we do it by creating world-class Electronic systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex Electronic systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Electronics. JOB SUMMARY The Program Buyer will effectively manage all assigned/awarded programs from Gate 0 until End of Life. This position is the primary purchasing interface to the program team and includes all aspects of purchasing activities related to assigned program(s).

  • Conducts Sourcing Process from RFQ to Sourcing Board Approval for applicable new programs per Sourcing Board Process Guidelines incl. joining Concurrence Meeting (with support from other functions)
  • Develops Purchasing Concept & Sourcing Plan for Awarded Program
  • Analyzes & Confirms Supplier Relevant Specific Project, Customer & Internal Requirements and Standards and initiates formal Requirements Sign Off
  • Ensures on time sample builds for awarded Programs.
  • Ensures Purchasing and Supplier Quality Development activities, during program development, are executed in the most cost effective and timely manner.
  • Reports the supplier launch readiness to program management on a regular basis (coordinated with Supplier Quality Team)
  • Participates in engineering meetings, where applicable, and forwards status and open issues to applicable purchasing team members
  • Supports supplier onboarding for new suppliers.
  • Tracks the BOM cost for purchased components and materials per assigned programs as well as maintains an updated FBOM.
  • Supports analysis of new trends in market & technology with category team
  • Assists in ensuring suppliers respond appropriately to the program team including issues of delivery, cost, or quality.
  • Ensure Purchasing Deliverables are on time and complete per ME PDP Gate requirements.
  • Communicates the necessary information to management to assist in timely decision making and strategy formulation.
  • Responsible for promoting and seeking excellence in all aspects of business.
  • Develops long-term organizational strategies/plans to meet the program needs and support further growth opportunities.
  • Supports reviews as required.
  • Assists in driving the team toward the best possible price.
  • Maintains supplier relationships that are both productive and mutually beneficial while continually assisting in the search for and renegotiating cost savings on new sourcing opportunities, with current and/or new suppliers.
  • Works cooperatively with peers to implement consistent policies, procedures, strategies, and reporting.
  • Participates in continuous improvement efforts for products, tools, processes, and programs.
  • Performs other duties as necessary in support of program objectives.
  • Bachelor’s degree in engineering, business administration or equivalent
  • 5+ years’ experience in Purchasing or related field within a manufacturing facility
  • Knowledge of product development practices in the automotive field including knowledge of the application and delivery of advanced electronic systems into the automotive industry.
  • Skills in problem-solving, keen analytical abilities in a team setting and knowledge in risk management.
  • Willingness to perform "hands-on" work.
  • Advanced knowledge of MS Office package
  • Comprehensive knowledge of English (verbal and written)
  • For positions located in non-English speaking locations, knowledge of the local working language is an asset.
  • Travel (domestic and international) may be needed.
  • Good team and people skills, including interpersonal skills that are required to lead, mentor, communicate, and build the technical capabilities of a cross-functional and cross-cultural organization.
  • Able to work effectively in a global environment.
  • Able to represent technical topics internally and externally.
  • Able to maintain confidentiality.
  • Expert communication skills
  • Expert written and oral communication.
  • Negotiation skills.
  • Ability to multitask by handling diverse assignments concurrently.
  • Self-starter who can work in a fast paced and multifaceted environment.
  • Strong and effective decision-making skills
  • Master’s degree in business or technical emphasis - desired
  • Relevant experience within automotive electronics preferred.
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