Jobs · Purchasing · Michigan

Regional Commodity Buyer

Magna International · Troy, MI · 1 wk ago
PurchasingFull-time

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.

About the role

Reporting to the Regional Commodity Manager (“RCM”), the Regional Commodity Buyer supports the development and implementation of global commodity strategies that satisfy the needs of the business (landed cost, footprint, quality, technology, risk, sustainability, etc.). Under direction of the RCM, responsibilities include executing market tests, constructing supplier comparisons and business cases, and various other tasks to support the RCM’s management of assigned suppliers. This includes full responsibility for cost, contract performance, risk management, and long-term value creation across the end-to-end supplier lifecycle. The ideal candidate will possess purchasing experience in the automotive industry, strong analytical skills, and the ability to work in cross-functional teams.

Responsibilities

  • Support the RCM in the development, alignment, and implementation of global commodity strategies to achieve business targets related to savings, technology, footprint, quality, economics, sustainability, supply base reduction/consolidation, etc. Strategies should include data from trade fairs, macroeconomic and geopolitical influences, and supplier landscape of opportunities and risks.
  • In compliance with the commodity strategy and in alignment with Program Purchasing Teams, support the RCM in the negotiation of all new regional business awards. Tactics include program bundling, global sourcing & leverage, dual sourcing, tariff & USMCA duty mitigation, specification/tolerance/material changes, process optimization, VAVE, Lean, logistics & packaging optimization, and payment term improvement.
  • Support the RCM to achieve regional budgeted savings targets on all existing business. Using the same tactics as above, develop and monitor the execution of divisional cost savings initiatives & risk mitigation strategies.
  • Actively manage the supplier relationship, including all regional commercial topics for the entire lifecycle (award, change control, all claims, performance, service, etc.). Adhere to disciplined contract management (NDA, Terms & Conditions, Nominations Letters, Settlement Agreements, etc.).
  • Support the RCM in the qualification & development of new suppliers as necessary.
  • Work with regional cross-functional teams including Building Block, Program/Launch Management, Engineering, Production Control & Logistics, Constraints Management, Supplier Quality & Production Quality departments, and Magna International Purchasing counterparts according to the Purchasing RASIC.
  • Keep the RCM informed of all issues through clear and concise communications.
  • Follow Magna’s Code of Conduct and Ethics and related compliance policies.
  • Additional duties and responsibilities as assigned.

Requirements

  • Bachelor’s degree in manufacturing, engineering, business, or related discipline.
  • 3+ years' progressive experience in Purchasing, preferably in an automotive/manufacturing environment.
  • 1+ year direct experience with the assigned commodity (e.g., Forgings and/or Mechatronics).
  • Familiarity with QS9000, TS16949, and ISO14001 procedures.
  • Ability to travel domestically and internationally, approximately 20% of the time.

Skills

  • Strong analytical skills.
  • Ability to work effectively in cross-functional teams.
  • Adherence to Magna’s Charter, Constitution, and Code of Conduct and Ethics.
  • Support and adherence to policies, procedures, and operational guidelines related to established quality management system (IATF 16949).
  • Compliance with safety policies and procedures.
  • Development and maintenance of responsive and cooperative working relationships with internal and external customers.

Magna Powertrain of America, Inc. does not offer immigration-related sponsorship for this position.

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