Honda Motors

Procurement Sourcing Senior Specialist

Honda Motors$75K — $95K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Supply Chain, Business, or equivalent experience
  • 2+ years of experience in Purchasing, Sales, Quality Control, or Engineering (Purchasing preferred)
  • Strong negotiation skills
  • Ability to manage cost and supplier relationships
  • Experience in project management and problem-solving
  • Proficiency in analyzing blueprints and working in team settings

Responsibilities

  • Develop and execute purchasing strategies for complex commodities/suppliers with substantial annual spend
  • Research industry trends to inform purchasing strategies
  • Facilitate new model supplier selection through collaboration with design and stakeholders
  • Maintain supplier relationships and ensure accurate BOM management
  • Achieve cost targets through negotiation and supplier selection
  • Drive annual cost reduction goals ranging from $7M to $12M
  • Implement continuous improvement initiatives aligned with Honda's lean practices

Benefits

  • Competitive base salary with potential regional bonus
  • Paid overtime and industry-leading benefit plans
  • Paid time off including vacation and holidays
  • 401K plan with company match and relocation assistance
  • Career growth opportunities with education reimbursement
  • Various lifestyle support programs including childcare reimbursement and wellbeing initiatives
Full Job Description
Job Purpose

The Sr. Commodity Buyer is responsible for the assigned auto part's (increased complexity) piece price, investment, and annual cost reduction, all of which have significant impact on HDMA financial performance. Establishment of part and supplier strategies through understanding of the Global and North American supply base, manufacturing process and critical part design elements. Considering input from key stakeholders, propose the selection of the best cost, quality, development, and delivery supplier. Effectively manage Team level project roles.

Key Accountabilities

  • Develop, gain approval, & execute purchasing "Model and Supplier Strategies" for assigned commodities/suppliers between 810 suppliers with $300M $500M in annual spend. Commodities/Suppliers are complex in nature
  • Research and monitor industry trends (sourcing, technology, market price) for development of Model or Supplier Strategies
  • Gain consensus on new model supplier selection, managing multiple model (13-17) developments through correlation activity with design and Honda Motor Japan
  • Responsible for accurate and timely supplier selection & BOM maintenance
  • Responsible for building supplier relationships
  • Establish and achieve logical new model cost targets through supplier selection/negotiation with Supplier, Design and Honda Motor (complex commodities)
  • Responsible for achieving annual mass production cost improvement goals (ACR), between $7M $12M
  • Ensure accurate and timely quotation processing to ensure efficient payment to suppliers at Mass Production timing
  • Effectively manage projects that support business needs (ACR, GML, Diversity)
  • Create and implement continuous improvement activities to support Honda lean practices
  • Mentor and develop entry level associates


Qualifications, Experience, and Skills

Minimum Educational Qualifications:
  • Bachelor's Degree in Supply Chain or Business or equivalent experience

Minimum Experience:
  • 2+ Years of relevant experience in Purchasing, Sales, Quality Control, or Engineering (Purchasing preferred)

Other Job-Specific Skills:
  • Ability to negotiate based on logic
  • Manage cost
  • Manage supplier relationships
  • Work in teams to build consensus
  • Solve problems
  • Manage projects
  • Analyze blueprints


Job Dimensions

No. of Direct Reports: 0

No. of Indirect Reports: 0

Financial Dimensions: Annual Desk Spend ($300M - $500M), Annual Cost Down Target ($7M $12M)

Decisions Expected

  • Make recommendations for supplier selection for all NA regional new model launches.
  • Lead ACR strategy recommendations to support target achievement through logic, target $7M $12M
  • Collaborate on part strategy consensus with design and plant on future technology direction and research.
  • Perform analysis through NSP on whether to qualify new suppliers on the basis of Q,C,D,D,M
  • Lead/influence Jikon/TMM meetings with affiliate suppliers and give support for improvement
  • Initiate continuous improvement decisions that impact the organization and support lean principles.


Working Conditions

  • International travel may be required once or twice a year with an average length of 1-2 weeks per trip (5%)
  • Willingness to work overtime due to the cyclical business needs of our NM launches.
  • Open office environment with moderate level of noise and activity.
  • In Office 80%
  • Regular occurrence of communicating and presenting information in groups for evaluation purposes.


What differentiates Honda and make us an employer of choice?

Total Rewards:
  • Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.)
  • Paid Overtime
  • Regional Bonus (when applicable)
  • Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)
  • Paid time off, including vacation, holidays, shutdown
  • Company Paid Short-Term and Long-Term Disability
  • 401K Plan with company match + additional contribution
  • Relocation assistance (if eligible)

Career Growth:
  • Advancement Opportunities
  • Career Mobility
  • Education Reimbursement for Continued Learning
  • Training and Development programs

Additional Offerings:
  • Tuition Assistance & Student Loan Repayment
  • Lifestyle Account
  • Childcare Reimbursement Account
  • Elder Care Support
  • Wellbeing Program
  • Community Service and Engagement Programs
  • Product Programs

About Honda Motors

Honda Motors is a leading manufacturer of automobiles, motorcycles, and power equipment. The company was founded in 1948 by Soichiro Honda and has since grown to become one of the largest automotive companies in the world. Honda Motors is known for its innovative designs and commitment to sustainability, with a focus on developing environmentally friendly vehicles. The company operates in over 30 countries and has a strong presence in the United States, Japan, and Europe.
Learn more about Honda Motors
Size
204,035 employees
Market Cap
$41.8 billion
Industry
Net Income
$414.5 billion
Founded
1948
5 Year Trend
+0.8%
Revenue
$13,004.8 billion
NASDAQ

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