Faurecia Interior Systems

Commodity Buyer

Faurecia Interior Systems$88K — $105K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Engineering or related field
  • 8 years in automotive industry
  • 5 years in purchasing functions
  • SAP experience preferred
  • Very good Excel and Word skills
  • Strong communication skills
  • Ability to travel 15%-20% domestically and internationally
  • Commitment to high ethical standards and adherence to company codes

Responsibilities

  • Develop and execute segment Commodity Strategy
  • Define and lead activities aligned to Commodity Strategy
  • Deliver purchasing budget, update forecast, report monthly savings
  • Support Program Buyers with sourcing and supplier Panel definition
  • Pursue economical costs for goods/services, ensuring long-term savings
  • Review and evaluate current and potential suppliers through audits
  • Progress savings from inception to implementation
  • Conduct management meetings for supplier performance improvement
  • Identify savings and confirm completion monthly
  • Calculate retroactive debits/credits for late savings identification
  • Hold monthly supplier management reviews to identify savings gaps
  • Follow market trends for specific commodities and raw materials
  • Prepare and deploy Commodity Strategies & Cost Models
  • Understand and challenge cost break-downs to optimize costs

Benefits

  • Work in a dynamic and globally recognized company
  • Opportunity for professional growth and advancement
  • Engagement in impactful projects with long-term benefits
  • Collaboration with cross-functional teams
  • Exposure to international markets through travel opportunities
Full Job Description
Your mission, roles and responsibilities

Overall responsibilities and duties:

The Buyer is responsible to develop and manage the supplier panel for a specific commodity segment, selecting suppliers according to Faurecia group criteria, apply purchasing policy, and develop suppliers to continuously improve QCD performance. The Buyer identifies and leads ideas and initiatives in order to improve the global productivity and achieve or surpass financial objectives.

The main responsibilities of the role are:
  • Develop and execute segment Commodity Strategy;
  • Define and lead activities aligned to Commodity Strategy
  • Responsible for delivering purchasing budget, updating forecast, reporting monthly savings
  • Support Program Buyers with sourcing of new segments and supplier Panel definition
  • Pursue optimally economical costs for goods/services required, in conjunction with obtaining continual long term agreement savings opportunities
  • Performs continual review and evaluation of the current supply base and also new potential suppliers through cross-functional supplier audits/visits based on the criteria provided by Group
  • Progress savings from inception through to implementation
  • Conduct management meetings to review and improve supplier performance
  • Other duties and specific projects as identified to support commercial targets and supplier optimization • Identify savings, update forecast file and follow through to completion. Take ownership and responsibility for actions under buyer, lead activity
  • Identify savings at month end and cross-reference against productivity file to confirm completion.
  • Report savings each month to Manager and confirm with Controller that they are captured.
  • Calculate retroactive debits/credits for late identified savings, ensure they are captured at month end, follow through to cash receipt or debit execution.
  • Hold monthly supplier management reviews to identify savings gaps, get up to speed on quality issues, communicate FAS intentions, understand supplier glide path to target etc.
  • Follows market trends for specific commodities and raw materials
  • Prepares and deploys Commodity Strategies & Cost Models for various commodities
  • Understand all cost break-downs and challenge supply base accordingly to ensure cost is optimized
  • Have the ability to fully understand cost models and be able to provide input towards generating a cost model


Your profile and competencies to succeed

Minimum education level: Bachelor's degree in Business, Engineering or related field.

Experience:
  • 8 years in automotive industry
  • 5 years in purchasing functions
  • SAP experience (preferred)

Skills & Competencies:
  • Must have very good Excel and Word skills
  • Strong communication skills
  • Able to accommodate ~15% - 20% travel (domestic & international)
  • Commitment to the highest ethical standards and willingness to adhere to Faurecia's Code of Ethics and Code of Management
  • Team Player

About Faurecia Interior Systems

Faurecia Interior Systems is a global automotive supplier that specializes in interior systems and components. The company was founded in 1997 and is headquartered in Auburn Hills, Michigan. Faurecia Interior Systems offers a wide range of products, including seats, instrument panels, and door panels. The company operates over 100 manufacturing sites and 15 R&D centers worldwide. Faurecia Interior Systems is committed to sustainability and has implemented several initiatives to reduce its environmental impact, such as using recycled materials and reducing waste.
Learn more about Faurecia Interior Systems
Size
100,000 employees
Industry

Similar Jobs

More Jobs at Faurecia Interior Systems

  • Faurecia Interior Systems
    Commodity Buyer
    $88K — $105K *
    Auburn Hills, MI 48326 (Oakland County)
    Manufacturing & Automotive
    In-Person
  • Faurecia Interior Systems
    Resident Engineer
    $80K — $110K *
    Auburn Hills, MI 48326 (Oakland County)
    Manufacturing & Automotive
    In-Person
  • Faurecia Interior Systems
    2nd Shift Maintenance Supervisor
    $90K — $106K *
    Spring Hill, TN 37174 (Maury County)
    Manufacturing & Automotive
    In-Person
  • Faurecia Interior Systems
    Site HR level 1
    $70K — $95K *
    Auburn Hills, MI 48326 (Oakland County)
    Business Services
    In-Person
  • Faurecia Interior Systems
    Central Financial Controller level 2
    $100K — $130K *
    Auburn Hills, MI 48326 (Oakland County)
    Finance & Insurance
    In-Person

More Manufacturing & Automotive Jobs

Find similar Commodity Buyer jobs: