Magna

Program Buyer

Magna$70K — $95K *
Holly, MI 48442In-Person
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in engineering, business administration, or equivalent
  • Master's degree in business or technical emphasis (preferred)
  • 5+ years' experience in Purchasing or related field within a manufacturing facility
  • Experience in automotive electronics preferred
  • Knowledge of product development practices in the automotive field

Responsibilities

  • Conduct sourcing process from RFQ to sourcing board approval
  • Develop purchasing concept and sourcing plan for awarded programs
  • Analyze and confirm supplier project and internal requirements
  • Ensure on-time sample builds for awarded programs
  • Report supplier launch readiness to program management
  • Maintain productive supplier relationships and negotiate cost savings
  • Participate in continuous improvement efforts for products and processes

Benefits

  • Regular, permanent position
  • Opportunity to work in a dynamic global environment
  • Chance to engage in hands-on work within a cross-functional team
  • Potential for professional growth in the automotive electronics sector
  • Access to ongoing training and mentoring opportunities
Full Job Description
Job Responsibilities:

Your Responsibilities
  • Conducts Sourcing Process from RFQ to Sourcing Board Approval for applicable new programs per Sourcing Board Process Guidelines incl. joining Concurrence Meeting (with support from other functions)
  • Develops Purchasing Concept & Sourcing Plan for Awarded Program
  • Analyzes & Confirms Supplier Relevant Specific Project, Customer & Internal Requirements and Standards and initiates formal Requirements Sign Off
  • Ensures on time sample builds for awarded Programs.
  • Ensures Purchasing and Supplier Quality Development activities, during program development, are executed in the most cost effective and timely manner.
  • Reports the supplier launch readiness to program management on a regular basis (coordinated with Supplier Quality Team)
  • Participates in engineering meetings, where applicable, and forwards status and open issues to applicable purchasing team members
  • Supports supplier onboarding for new suppliers.
  • Tracks the BOM cost for purchased components and materials per assigned programs as well as maintains an updated FBOM.
  • Supports analysis of new trends in market & technology with category team
  • Assists in ensuring suppliers respond appropriately to the program team including issues of delivery, cost, or quality.
  • Ensure Purchasing Deliverables are on time and complete per ME PDP Gate requirements.
  • Communicates the necessary information to management to assist in timely decision making and strategy formulation.
  • Responsible for promoting and seeking excellence in all aspects of business.
  • Develops long-term organizational strategies/plans to meet the program needs and support further growth opportunities.
  • Supports reviews as required.
  • Assists in driving the team toward the best possible price.
  • Maintains supplier relationships that are both productive and mutually beneficial while continually assisting in the search for and renegotiating cost savings on new sourcing opportunities, with current and/or new suppliers.
  • Works cooperatively with peers to implement consistent policies, procedures, strategies, and reporting.
  • Participates in continuous improvement efforts for products, tools, processes, and programs.
  • Performs other duties as necessary in support of program objectives.


Who we are looking for

Education
  • Bachelor's degree in engineering, business administration or equivalent
  • Master's degree in business or technical emphasis - desired


Experience
  • 5+ years' experience in Purchasing or related field within a manufacturing facility
  • Relevant experience within automotive electronics preferred.


Your preferred qualifications

  • Knowledge of product development practices in the automotive field including knowledge of the application and delivery of advanced electronic systems into the automotive industry.
  • Skills in problem-solving, keen analytical abilities in a team setting and knowledge in risk management.
  • Willingness to perform "hands-on" work.
  • Advanced knowledge of MS Office package
  • Good team and people skills, including interpersonal skills that are required to lead, mentor, communicate, and build the technical capabilities of a cross-functional and cross-cultural organization.
  • Able to work effectively in a global environment.
  • Able to represent technical topics internally and externally.
  • Able to maintain confidentiality.
  • Expert communication skills
  • Expert written and oral communication.
  • Negotiation skills.
  • Ability to multitask by handling diverse assignments concurrently.
  • Self-starter who can work in a fast paced and multifaceted environment.
  • Strong and effective decision-making skills

Worker Type:

Regular / Permanent

Group:

Magna Electronics

About Magna

Magna Careers

Join Magna’s dynamic team of professionals and be part of a company that’s leading the way in automotive innovation. At Magna, we offer unparalleled job opportunities in an environment that values diversity, leadership, and growth. Work You’ll Do At Magna, we are committed to fostering an inclusive culture where every team member is empowered to contribute, innovate, and excel. We believe that diverse perspectives lead to groundbreaking ideas and better decisions. Joining our team means you’ll work alongside some of the industry’s most talented professionals, using state-of-the-art technology to create revolutionary automotive solutions. Lead in a Unique Market Position Magna stands at the forefront of the automotive industry, combining advanced technology, deep industry expertise, and a commitment to innovation that drives us forward. As a leader in our field, we offer careers that are not just jobs, but pathways to personal and professional growth. Explore Magna’s Job Opportunities Whether you’re looking for a position in engineering, design, production, or management, Magna has a place for you. Our global presence offers a wealth of opportunities for career advancement, professional development, and networking. From internships that provide real-world experience to leadership roles that challenge your skills, Magna is dedicated to helping you reach your full potential. Innovative Work Environment Magna is committed to innovation and excellence. Our team is constantly pushing the boundaries of what’s possible in the automotive world, making it an exciting place to grow your career. We encourage creativity and initiative, and we reward our employees with the benefits and support they need to succeed both professionally and personally. Be Part of a Great Team At Magna, you’ll find a collaborative environment that values teamwork and open communication. Our employees share a common goal: to lead the industry through innovation, efficiency, and sustainability. With diversity training and a focus on inclusive employment practices, Magna is a place where everyone can thrive. Future-Proof Your Career With Magna, you’re not just finding a job; you’re building a career. We offer extensive training and development programs to help you continue learning and evolving as a professional. With opportunities for advancement and a culture that promotes from within, Magna empowers you to design a career path that meets your ambitions. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are always on the lookout for passionate, curious, and innovative team players. Explore the possibilities that Magna offers. SEARCH MAGNA JOBS Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Magna.
Learn more about Magna
Size
161,000 employees
Market Cap
$15.9 billion
Industry
5 Year Trend
-0.1%
NASDAQ

Similar Jobs

  • Magna
    Program Buyer
    $70K — $95K *
    Magna
    Southfield, MI 48076 (Oakland County)
  • KLA Tencor
    Buyer
    $77K — $132K *
    KLA Tencor
    Ann Arbor, MI 48103 (Washtenaw County)
  • Alstom Power Inc
    Acheteur
    $83K *
    Alstom Power Inc
    Mississauga, ON L4T 0A1
  • EATON
    Buyer
    $71K — $105K *
    EATON
    Woodridge, IL 60517 (Dupage County)
  • Buyer
    $75K — $90K *
    Marvel Refrigeration
    Greenville, MI 48838 (Montcalm County)
  • Buyer- Aerospace
    $75K — $95K *
    Heroux-Devtek
    Livonia, MI 48154 (Wayne County)

More Jobs at Magna

  • Magna
    Program Buyer
    $70K — $95K *
    Southfield, MI 48076 (Oakland County)
    Manufacturing & Automotive
    In-Person
  • Magna
    Program Buyer
    $70K — $95K *
    Holly, MI 48442 (Oakland County)
    Manufacturing & Automotive
    In-Person
  • Magna
    Account Manager
    $70K — $95K *
    Troy, MI 48085 (Oakland County)
    Manufacturing & Automotive
    In-Person
  • Magna
    Engineer Sr - EMC Test
    $90K — $120K *
    Auburn Hills, MI 48326 (Oakland County)
    Technical Services
    In-Person
  • Magna
    Program Manager
    $72K — $100K *
    Penetanguishene, ON L9M 0A2
    Manufacturing & Automotive
    In-Person

More Manufacturing & Automotive Jobs

  • Controller
    $120K — $130K *
    Belleville Boot Company
    Belleville, IL 62220 (Saint Clair County)
  • Director of Engineering
    $150K — $250K *
    Buyers Products
    Mentor, OH 44060 (Lake County)
  • Plant Manager
    Top Industrial Manufacturing Company
    Chicago, IL 60601 (Cook County)
  • Vice President – Vitamin Team
    Feldkamp Marketing
    Cincinnati, OH 45202 (Hamilton County)
  • Amazon
    Operations Manager
    $91K — $136K *
    Amazon
    Davenport, IA 52806 (Scott County)

Find similar Program Buyer jobs: