Buyer

Posted 5 Days Ago
Be an Early Applicant
Detroit, MI
Hybrid
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The Buyer is responsible for identifying cost reduction opportunities, managing supplier relationships, negotiating contracts, and overseeing the purchase of component parts. This role involves coordinating sourcing strategies and evaluating supplier performance while also supporting purchasing teams across divisions.
Summary Generated by Built In

About us
We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
Group Summary
The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.
Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.
About the Role
The Buyer identifies opportunities to reduce total landed cost at our divisions in North America. The Buyer is responsible for executing category strategy and developing and executing localization and VA/VE strategy. The role manages the supply base, leads multi-discipline launch, and change projects or teams. The position requests quotes, evaluates/selects suppliers, negotiates contracts, coordinates the purchase of indirect and direct component parts, drives domestic and global sourcing, and monitors supplier performance. Additionally, the Buyer achieves cost reduction goals, supports supplier feasibility reviews and supplier kickoff meetings, and monitors market conditions, prices and supply trends, new products and technologies.
Your Responsibilities

  • Manage indirect and direct categories. Identify opportunities to reduce total cost of ownership, consolidate data and optimize total landed cost of one-time high-quality products at our divisions.
  • Identify spend across multiple divisions to leverage total buy.
  • Manage high risk supplier issues. Includes supporting resourcing plans, plant visits/audits, contingency planning including bank build oversight and other support as required.
  • The position requests quotes, evaluates/selects suppliers, negotiates contracts, coordinates the purchase of indirect and direct component parts, drives domestic and global sourcing, and audits supplier performance.
  • Purchasing lead on the fastener usage consolidation and pricing negotiations.
  • Support division purchasing teams as required.
  • Other related duties as assigned.


Who we are looking for

  • Education/Skills/Special Knowledge - Bachelor's degree or equivalent work experience in business or engineering
  • Experience - Five years of automotive experience in related position in manufacturing environment including supplier strategy and negotiating. Two years of experience in automotive purchasing, materials, or quality. Working knowledge of manufacturing cost models.
  • Physical Demands/Work Environment - Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer, may require local, domestic and international travel.


Your preferred qualifications
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.
Site Benefits

  • Comprehensive Medical, dental, vision plans
  • Company paid Disability and Parental Leave plans
  • 401 (k) plan with employer matching
  • Profit sharing program
  • Exciting internal development opportunities
  • Cafe
  • Parking for electric vehicles


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 to comply with GDPR requirements and your local Data Privacy Law.
Nearest Major Market: Troy
Nearest Secondary Market: Detroit

What the Team is Saying

Doug
Dave
Sam
Leo
Jim
Sreeni
The Company
HQ: Aurora, Ontario
171,000 Employees
Hybrid Workplace
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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Magna International Teams

Team
Organized for Innovation
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
Learn more

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