Strategic Commodity Buyer

Magna International•Troy, MI

1d•Onsite

About The Position

As a member of the Global Purchasing Organization, you will assist in the development and implementation of Purchasing Strategies according to Goals and Objectives and Commodity Roadmaps defined by the Global Commodity Director in conjunction with the Regional Lead Buyer. This role has regional/divisional commodity responsibility for sourcing, sourcing decisions, negotiations, and managing the supply base for a segment or group of suppliers in respect to purchasing policy, internal code of Ethics, internal safety and environment rules.

Requirements

Bachelor’s degree in manufacturing, engineering, business, or related discipline
3-5 years' progressive experience in Purchasing field preferably in an automotive / manufacturing environment.
Previous commodity experience including but not limited to electronics (PCB Assemblies and components)
Ability to travel domestically and internationally, approximately 20% of the time
Perform tasks and responsibilities detailed in Magna’s IATF16949 policies, procedures, and work instructions.
Complies with the designated ISO / 14001 responsibilities related to effective environmental management in accordance with Magna’s Environmental Management System (EMS).
Must have demonstrated success in satisfying OEM’s and Tier 1 suppliers in a complex, competitive automotive market.
Functional experience in areas of strategic planning, manufacturing, purchasing, supply chain management and supplier quality.
Experience with manufacturing best practices and continuous improvement.
Knowledgeable in the areas of logistics, business quoting and launch processes, industry best practices, standards and performance metrics.

Responsibilities

In coordination with the Global Commodity Director, Regional Lead Commodity Buyer, as well as Commodity Purchasing counterpart in other global regions, develop and implement commodity strategies in assigned commodity(ies) (technology, footprint, quality, economics, supply base reduction / consolidation, etc.).
Manage RFQ’s to the supply base according to the commodity strategy to support Operational Purchasing programs (current and new).
Evaluate supplier cost structure to obtain best overall value on behalf of Mechatronics & Mirrors. Minimize collective risk through favorable raw material, currency, and other adjustment mechanisms.
Utilize a total cost approach to optimize piece prices for new and existing business in the assigned commodities. Tactics to include program bundling, global sourcing & leverage, dual sourcing, tariff & UCT duty mitigation, specification / tolerance / material changes, process optimization, VAVE, logistics & packaging optimization, payment term improvement.
Lead Mechatronics & Mirrors divisions in establishing supplier Long Term Agreements and supplier giveback terms.
Manage supplier relationships through regular business roadmap reviews and disciplined contract management (NDA, Terms & Conditions, Nominations Letters, Settlement Agreements, etc.).
Evaluate Regional / Global market conditions.
Lead a cross functional team in support of the assigned commodity (ies), including Program Management, Engineering, Production Controls and Logistics, Supplier Quality Development and Quality departments.
Coordinate supplier development, consolidation, and reduction programs/suppliers.
In coordination with Operational Purchasing, develop and execute divisional cost savings initiatives & risk mitigation strategies on existing business to achieve annual savings budgets.
Within your assigned commodity, assure purchasing leveraging is optimized by providing oversight of the consolidated buy for all the Mechatronics & Mirrors Divisions.
Keep senior Mechatronics & Mirrors management informed of critical issues through clear and concise communications and presentations.
Perform additional duties and responsibilities as assigned.
Ensure all safety and non-safety rules and regulations are followed.
Ensure adherence to established quality and housekeeping standards.
Review and adhere to Mechatronics & Mirrors’ health and safety, environmental, and quality standards, operating procedures, and policies.
Respond immediately to items brought to his/her attention with respect to hazards, defects or non-compliance issues.
Understand and uphold the policies that prohibit workplace violence and harassment.
In addition to the above, the duties include those specified under the Occupational Health & Safety Act.