Purchasing Analyst/Buyer

Posted Yesterday
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2 Locations
Hybrid
Entry level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
Leads RFQs for production equipment, automation, tooling, and related services; analyzes supplier quotations and total costs; supports sourcing, negotiations, purchase orders, supplier performance, CAPEX projects, contracts, compliance, and cost reduction. Maintains procurement records and KPI reports while coordinating with engineering, manufacturing, project teams, suppliers, and management to resolve commercial and delivery issues.
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:
Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Electronics, and we do it by creating world-class Electronic systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex Electronic systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Electronics.

Job Responsibilities:

Your Responsibilities


·         Lead and coordinate RFQ processes for production equipment, automation systems, tooling and related services.

·         Analyze supplier quotations, commercial proposals and total cost of ownership.

·         Support sourcing decisions through supplier benchmarking, market analysis and risk assessment.

·         Prepare negotiation summaries and commercial recommendations for management approval.

·         Create and maintain supplier databases, sourcing records and procurement documentation.

·         Manage purchase requisitions and purchase orders while tracking delivery commitments.

·         Monitor supplier performance regarding cost, quality, delivery and service levels.

·         Identify and implement cost reduction and value improvement opportunities.

·         Support CAPEX projects from sourcing phase through equipment delivery and project completion.

·         Coordinate with engineering, manufacturing and project teams to ensure purchasing alignment.

·         Support contract review activities and maintain compliance with Magna purchasing procedures.

·         Develop KPI reports covering savings, sourcing activities, supplier performance and spend trends.

·         Resolve commercial and delivery issues through effective stakeholder and supplier communication.



Who we are looking for

Education and Experience

·         Bachelor's degree in Supply Chain Management, Business Administration, Engineering or equivalent experience.

·         Experience in procurement, purchasing, sourcing, supply chain or commercial analysis.

·         Experience supporting manufacturing, automation, tooling or CAPEX-related projects preferred.

·         Working knowledge of ERP systems such as SAP and advanced Microsoft Excel capabilities.


Core Competencies

·         Commercial and analytical mindset

·         Supplier relationship management

·         Negotiation support

·         Data analysis and reporting

·         Project coordination

·         Cross-functional teamwork

·         Problem solving and decision making

·         Written and verbal communication in English


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:

Magna Electronics

Skills Required

  • Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or equivalent experience
  • Experience in procurement, purchasing, sourcing, supply chain, or commercial analysis
  • Experience supporting manufacturing, automation, tooling, or CAPEX-related projects
  • Working knowledge of ERP systems such as SAP
  • Advanced Microsoft Excel capabilities
  • English written and verbal communication skills

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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
Learn more

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