Assistant Purchasing Manager

Posted Yesterday
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Etobicoke, ON, CAN
Hybrid
105K-125K Annually
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
Assists the Purchasing Manager by leading purchasing, supplier development, sourcing, bidding, negotiations, cost analysis, contract reviews, supplier selection, audits, and cost-saving initiatives. The role manages purchasing activities for automotive raw materials, tooling, equipment, capital projects, services, and MRO commodities; evaluates supplier quality, delivery, cost, and risk; supports new business launches; leads purchasing procedures; and coordinates cross-functional communication and supplier improvement plans.
Summary Generated by Built In

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What we offer:
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:
Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.

Job Responsibilities:

Scope of Position

• Assist in Implementing policies and procedures to ensure efficient and professional operation. Work with senior members of the Purchasing Department to develop and implement cost planning strategies and all purchasing activities relating to cost, quality and service for raw materials.


Salary Range: $105,000 - $125,000


Minimum Requirements


• Post-Secondary Degree in Business Administration/Engineering or Completed Certified Professional Purchasing (CPP) Accreditation.

• Minimum five (5) years leadership experience in a purchasing function in automotive or related manufacturing industry.

• Knowledge and technical understanding of automotive processes, components, and supply chain management.

• Commodity knowledge of raw steel, tubes, aluminum extrusions, castings, sleeves, fasteners, stamping tooling, and assembly line equipment, considered an asset.

• Knowledge and understanding of MRO procurement functions, including the management of a Tool Crib.

• Demonstrated experience in new business launches and awarding long term supplier agreements.

• Strong negotiating skills.

• Strong understanding of contract language.

• Prior experience with supplier Advanced Product Quality Planning process.

• Familiarity with ISO/TS 16949 and Automotive Industry Action Group (AIAG) standards.

• Eligible to travel outside of Canada with a required valid passport, as required.

• Ability to work overtime to meet customer needs.


Job Specific Responsibilities


• Supports Purchasing Manager through leading and coordination of purchasing and supplier development activities on behalf of Deco Automotive; including, but not limited to supplier suitability evaluation, requests for quotation, cost breakdown analysis, negotiations, supplier cost audits, contract reviews, and supplier selection which meets the budgets, policies, ethical standards, and audit requirements.

• Prepares RFQ/Bid packages for diverse commodities including but not limited to Capital and Service projects, raw material (Steel, Aluminum coil steel), Stampings, Fasteners, Sleeves, Aluminum Extrusions and Aluminum Castings, several major MRO related commodities etc.

• Develops and executes effective bidding, negotiation, and pricing strategies in a manner that meets the budgets, policies, ethical standards and audit requirements of DECO Automotive

• Diligently evaluates suppliers during the quotation phase to ensure quality, delivery, program management, and cost expectations are met throughout program life.

• Continually work with Supply base to identify Cost Saving opportunities and strive to achieve Cost Saving targets assigned by Management.

• Exercises ample expertise and flexibility to procure all emergency requirements in cooperation with requisitioning departments and other supporting segments in the organization to ensure project completion

• Identifies potential risks within the supply base, devise a plan, and leads the purchasing team to work to mitigate any negative impacts to Deco.

• Supports post-award supplier audits annually, or more frequently based on supplier performance with appropriate supplier performance improvement plans.

• Leads and supports the purchasing team in purchasing procedures and in the analysis prior to the supplier selection process to support business needs.

• Establishes and maintains effective interdepartmental communication.

• Meet divisional overall Key Performance Indicators, as set out in the division’s plan.

• Reviews and executes legal documents (ex. NDA, Bailment Agreements).

• Perform other duties as required.


General Responsibilities


• Fosters positive employee relations.

• Commitment to continuous improvement and workplace safety.

• TS16949 awareness and adherence.

• ISO14001 awareness and adherence.

• Flexible hours of work to meet internal/external customer requirements.

• Works in a strictly confidential and professional manner.



Awareness, Unity, Empowerment:

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.


AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.


Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.

If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.


Worker Type:

Regular / Permanent

Group:

Cosma International

Skills Required

  • Post-secondary degree in Business Administration or Engineering, or completed Certified Professional Purchasing (CPP) accreditation
  • Minimum five years of leadership experience in a purchasing function within the automotive or related manufacturing industry
  • Knowledge and technical understanding of automotive processes, components, and supply chain management
  • Knowledge and understanding of MRO procurement functions, including Tool Crib management
  • Experience with new business launches and awarding long-term supplier agreements
  • Strong negotiating skills
  • Strong understanding of contract language
  • Prior experience with the supplier Advanced Product Quality Planning process
  • Familiarity with ISO/TS 16949 and AIAG standards
  • Eligible to travel outside Canada with a valid passport
  • Ability to work overtime to meet customer needs
  • Commodity knowledge of raw steel, tubes, aluminum extrusions, castings, sleeves, fasteners, stamping tooling, and assembly line equipment

What the Team is Saying

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Magna International Compensation & Benefits Highlights

  • Healthcare Strength — Healthcare coverage is often viewed as comprehensive, including medical, dental, vision, and related protections. Feedback suggests the quality of the core health plans is a standout element of the package.
  • Retirement Support — The 401(k) with company match and profit-sharing components are frequently highlighted as strengths. Feedback suggests retirement offerings are a reliable pillar of total rewards across many locations.
  • Strong & Reliable Incentives — Profit sharing and performance or attendance bonuses are commonly referenced as part of overall pay. Feedback suggests these incentives materially contribute to perceived compensation value.

Magna International Insights

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The Company
HQ: Aurora, Ontario
171,000 Employees
Year Founded: 1957

What We Do

We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries. We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.

Why Work With Us

At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.

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About our Teams

Magna International Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
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