Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets. We’re focused on the areas of greatest market need – both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions. Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers’ expectations, and motivate our team.
POSITION SUMMARY:
Responsible for strategic and tactical Procurement activities for a defined commodity from the point of customer award through end of production. Responsibility may be regional and/or global.
ESSENTIAL RESPONSIBILITIES:
- Develop and execute sourcing strategy for assigned commodities.
- Negotiate supplier contracts, LTAs, volume scale pricing, commercial conditions and NDAs.
- Interact with internal stakeholders to drive standardization and strategy execution.
- Define Stoneridge’s current and future global needs for specific commodity groupings.
- Evaluate nature of market supply along with process and technology trends.
- Source material requirements to the required specification at a competitive best-landed cost terms.
- Drive and support supplier nomination / award new business.
- Participate in APQP activities and drive suppliers towards on time product launch.
- Ensure no disruption of material supply.
- Drive continuous improvement and cost reduction activities through on-going negotiations.
- Manage prices: 1) Define initial pricing and ensure accurately reflected in ERP systems; 2) Resolve or escalate changes in price due to supplier by utilizing the Price Change process; 3) Calculate lowest total cost on quantity/price tradeoffs and work with Planners to execute; 4) Assist in annual standard setting.
- Manage Tooling contracts.
- Manage prototype purchases.
- Manage the vendor qualification process.
- ERP System database maintenance and integrity.
- Liaise with suppliers both on and off site with a view to improving supplier performance.
QUALIFICATIONS:
- Bachelor’s degree in engineering, business, or relevant field.
- Five (5) years of Purchasing experience in the automotive industry with Tier I and with direct responsibility for commodities.
- Experience working in global-matrix environment.
- Negotiations experience, including direct responsibility for negotiations strategy.
- Good English language skills, verbal and written.
- Proactive, with organization and communication skills, ability to identify risks and escalate on timely manner to protect the organization.
TRAVEL REQUIREMENTS:
- 10% Travel, domestic and/or international is possible.
SUCCESS FACTORS:
- Collaboration
- Communication
- Accountability
- Instills Trust and Respect
- Influence
- Negotiation
- Business Acumen
- Self-Development
- Organizational Agility
Top Skills
What We Do
Stoneridge, Inc., is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems for the automotive, medium and heavy-duty truck, agricultural and off-highway vehicle markets. The Company conducts its business into two segments: Electronics and Control Devices. The core products of the Electronics reportable segment include vehicle electrical power and distribution systems, and electronic instrumentation and information display products. The core products of the Control Devices reportable segment include electronic and electrical switch products, control actuation devices and sensors.
