Purchasing Agent

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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:
ESSENTIAL FUNCTIONS OF THE POSITIONS:

• Together with appropriate departments, compile the Bid Package (description, specification, performance indicators, targets, drawings, designs, Terms and Conditions, etc.)RFQ, RFP, RFO.
• Prepare/Release Approved supplier List (Identify and manage potential and existing industry sources, facilitate relevant validations such as audits, background checks, site visits and supplier presentations).
• Solicit bids and compile recommendations and conduct/participate the negotiation phase.
• Lead negotiations and conclude contract establishment (Master Purchase Orders) in a timely manner.
• Monitor performance delivery forecasts and takes action where required
• Reconcile variances between Purchase Order and invoice.
• Perform other duties as required.
• Facilitate disputes between the Supplier and the organization;
• Monitor markets and forecast appropriate changes that affect pricing, delivery and quality, compile relevant actions and recommendations to minimize negative market conditions and capitalize on positive market trends
• Identify and capitalize continuously cost savings opportunities
• Identify, validate and introduce process and product innovation from the supply industry into the organization.
• Monitor Supplier Performance and take actions where required.
• Monitor changing market conditions and perceptions and introduce relevant actions in the organization (diversity, environmental policy, corporate citizenship, etc).
• Fulfill special projects and campaign assignment tasks and duties as assigned from time to time.

POSITION REQUIREMENTS:
Communication Skills

• Reading, analyzing and interpreting general business periodicals, professional journals, technical procedures, and or governmental regulations.
• Writing reports, business correspondence, and RFQs, RFPs, and RFIs.
• Presenting information and responding to questions from groups of managers, clients, customers, and the general public
• Leading discussions, public speaking, meetings, presentations and forums.
• Electronic Communication Means (telephone, e-mails, video conferencing, web conferencing, etc.

Mathematical Skills
Proficient in:

• Mathematical concepts
• Concepts such as fractions, percentages, ratios and proportions
• Standard Costing Techniques
• Metric and imperial measurement systems

Ability to work with:

• Financial transactions and concepts
• Statistical analyses.

Reasoning Ability
Proficient in:

• Specification and Problem definition, data collection, fact determination, drawing valid conclusions, and formulating clear recommendations
• Quick interpretation and formulation of argument, counter opinion and factual statement for negotiation conclusion.

Ability to:

• Recognize purchasing opportunities
• Lead Teams and Manage Business Units
• Assist in Training/Mentoring
• Deal with several abstract and concrete variables

Physical Demands:

• Office Environment; 70% sitting at desk; 30% walking.
• Occasional business travel may be a requirement.

EDUCATION:

• Bachelor's Degree (4 year degree) or Purchasing Certification Certificate of C.P.M. and/or CPSM as issued by the Institute of Supply Management (ISM).

WORK EXPERIENCE / TECHNICAL TRAINING:

• Minimum of 5 years of purchasing experience and/or demonstrated knowledge with positive performance in the Automotive Industry.
• Proficient in computer systems, including Windows-based applications, Microsoft Outlook, SAP, and Microsoft Excel, with the ability to effectively manage data, reports, purchasing systems, and communications.
• Must be self-motivated, self-starting, and self-monitoring, ensuring the continuous supply and availability of all assigned production and maintenance materials, including parts, chemicals, tooling, MRO, capital equipment, protective equipment, office supplies and equipment, services, and other items required to meet the needs of all departments, in accordance with established organizational mandates.

WHY WORK HERE?

• Health Insurance (includes telemedicine, FSA, HSA, and other benefits)
• Dental Insurance
• Vision Insurance
• 401(k) with match
• Employee Profit Sharing Plan
• Employee Assistance Program
• Tuition Reimbursement
• Referral Program - Up to $1,000 per hired referral
• Annual events (Summer cookout, Christmas party, etc.)

Pay range: $75-85k per year, DOE
VISA SPONSORSHIP NOT AVAILABLE FOR THIS POSITION
#LI-JC1 #LI-VS1 #LI-Onsite
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.
Notice regarding the use of AI:
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.
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