Magna

Regional Commodity Buyer

Magna$80K — $95K *
Troy, MI 48085In-Person
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in manufacturing, engineering, business, or related discipline
  • 3+ years of experience in Purchasing, preferably in automotive
  • Direct experience with Forgings and/or Mechatronics commodities
  • Familiarity with QS9000, TS16949, ISO14001 procedures
  • Willingness to travel domestically and internationally up to 20%

Responsibilities

  • Support development and implementation of global commodity strategies
  • Negotiate new regional business awards aligning with commodity strategies
  • Achieve regional budgeted savings targets on existing business
  • Manage supplier relationships throughout the lifecycle
  • Qualify and develop new suppliers
  • Collaborate with cross-functional teams including engineering and quality departments
  • Keep the Regional Commodity Manager informed of key issues

Benefits

  • Support and resources for employee success
  • Dynamic work environment with varied responsibilities
  • Opportunities for professional development
  • Commitment to innovation and teamwork
  • Inclusivity with a diverse workforce
Full Job Description

Job descriptions may display in multiple languagesbased on your language selection.

Job Responsibilities:

Mission of the Position:

Reporting to the Regional Commodity Manager (3CM7), the Regional Commodity Buyer role is to support the development and implementation of global commodity strategies that satisfy the needs of the business (landed cost, footprint, quality, technology, risk, sustainability, etc.).

Under direction of the RCM, responsibilities may include executing market tests, constructing supplier comparisons and business cases, and various other tasks to support the RCMs management of assigned suppliers; including full responsibility for cost, contract performance, risk management and long-term value creation across the end-to-end supplier lifecycle including service).

The ideal candidate will possess purchasing experience in the automotive industry, strong analytical skills and the ability to work in cross-functional teams.

Key Responsibilities:

  • Support the RCM in the development, alignment and implementation of global commodity strategies to achieve business targets related to savings, technology, footprint, quality, economics, sustainability, supply base reduction / consolidation, etc. Strategies should include data from trade fairs, macroeconomic and geopolitical influences, supplier landscape of opportunities and risks.
  • In compliance with the commodity strategy and in alignment with Program Purchasing Teams support the RCM in the negotiation all new regional business awards. Tactics to include program bundling, global sourcing & leverage, dual sourcing, tariff & USMCA duty mitigation, specification / tolerance / material changes, process optimization, VAVE, Lean, logistics & packaging optimization, payment term improvement.
  • Support the RCM to achieve regional budgeted savings targets on all existing business. Using the same tactics as above, develop and monitor the execution of divisional cost savings initiatives & risk mitigation strategies.
  • Support the RCM in actively managing the supplier relationship, including all regional commercial topics for the entire life cycle (award, change control, all claims, performance, service, etc.). Adhere to disciplined contract management (NDA, Terms & Conditions, Nominations Letters, Settlement Agreements, etc.).
  • Support the RCM in the qualification & development of new suppliers as necessary.
  • Support the RCM in working with regional cross functional teams including Building Block, Program / Launch Management, Engineering, Production Control & Logistics, Constraints Management, Supplier Quality & Production Quality departments, and Magna International Purchasing counterparts according to the Purchasing RASIC.
  • Keep the RCM informed of all issues through clear and concise communications.
  • Follow Magnas Code of Conduct and Ethics and related compliance policies.
  • Additional duties and responsibilities as assigned.

The above is intended to describe the general content of the performance of this position. It is not to be construed as an exhaustive statement of duties or responsibilities.

Customers and Business Interfaces:

  • Manufacturing division GM, AGM, Controlling
  • Central Controlling
  • Program Management
  • Product Management
  • Sales
  • Building Block / Engineering
  • Supplier Quality
  • Operational and Program Purchasing
  • Magna International Purchasing

Requirements and Qualifications:

  • Bachelors degree in manufacturing, engineering, business, or related discipline
  • 3+ years' progressive experience in Purchasing field preferably in an automotive / manufacturing environment. 1+ year direct experience with the Assigned Commodity
  • Commodities including, but not limited to, Forgings and/or Mechatronics
  • Must be familiar with QS9000, TS16949, and ISO14001 procedures.
  • Ability to travel domestically and internationally, approximately 20% of the time

The above is intended to describe the requirements for the performance of this position. It is not to be construed as an exhaustive statement of requirements and qualifications.

Health & Safety/Magna Standards/Additional Requirements:

  • Practice and maintain integrity while following Magnas Charter and Constitution.
  • Follow Magnas Code of Conduct and Ethics and related compliance policies.
  • Supports and adheres to policies, procedures, and operational guidelines related to established quality management system (IATF 16949).
  • Drive the development of new technologies to improve quality, efficiency and reduce cost.
  • Comply with safety policies and procedures to ensure duties of self are performed in a safe manner.
  • Health & Safety responsibilities:
    • Understand applicable Environmental, Health & Safety policies and procedures in the workplace.
    • Report unsafe conditions immediately.
    • Report injuries, accidents, illnesses, near misses, property damage immediately.
    • Follow safety rules.
    • Comply with requirements for the use or operation of machines or equipment.
    • Comply with Personal Protective Equipment (PPE) requirements.
  • Create a positive work environment by demonstrating and sharing functional/technical knowledge.
  • Develop and maintain a responsive and cooperative working relationship with internal and external customers.
  • Treat everyone with dignity, trust and respect.
  • Complete additional duties and responsibilities as assigned.

The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

Magna Powertrain of America, Inc. does not offer immigration-related sponsorship for this position. This includes any form of company-sponsored work authorization or immigration support, such as:

  • Direct sponsorship by Magna Powertrain of America, Inc.
  • Listing Magna Powertrain of America, Inc. as the employer of record on government forms
  • Any visa or work authorization requiring written documentation or support from Magna Powertrain of America, Inc. (e.g., H-1B, OPT, STEM OPT, CPT, TN, J-1, etc.)

Visa sponsorship is not available for this role.

Worker Type:

Regular / Permanent

Group:

Magna Powertrain

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

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