Commodity Buyer- Electronics

Reposted 6 Days Ago
Be an Early Applicant
Novi, MI
Hybrid
Mid level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The Commodity Buyer will develop purchasing strategies, manage supplier relationships, assess market conditions, and ensure compliance with safety and quality standards.
Summary Generated by Built In
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:
The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling.
Job Responsibilities:
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. Regional / Divisional commodity responsibility for sourcing, sourcing decisions, negotiations and managing the supply base for a segment or group of suppliers in respect with purchasing policy, internal code of Ethics, internal safety and environment rule
RESPONSIBILITIES:
GENERAL
  • 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 MML. Minimize collective risk thru 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 MML 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 MML Divisions.
  • Keep senior MML management informed of critical issues through clear and concise communications and presentations.
  • Perform additional duties and responsibilities as assigned.

HEALTH, SAFETY AND ENVIRONMENTAL RESPONSIBILITY
  • Ensure all safety and non-safety rules and regulations are followed
  • Ensure adherence to established quality and housekeeping standards.
  • Review and adhere to MML's 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

QUALIFICATIONS:
  • 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.
  • While working in this environment, the employee will be exposed to machinery, moving equipment and material, moderate noise, airborne particles, fumes and various levels of temperature created by manufacturing processes.
  • Up to 25% percent Travel required

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.
Worker Type:
Regular / Permanent
Group:
Magna Mechatronics, Mirrors & Lighting

Top Skills

Iatf16949
Iso 14001
Manufacturing Best Practices
Strategic Planning
Supply Chain Management

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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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Magna International 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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