Magna

Senior Buyer

Magna • $80K — $95K *
St Thomas, ON N5P 1A1In-Person
Manufacturing & Automotive
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Post-secondary Degree/Diploma in Business Administration and/or Supply Chain Management; Engineering background is a plus.
  • 3-5 years of experience in supply chain roles.
  • Proficient in Microsoft Office Suite; advanced Excel and financial modeling skills are advantageous.
  • Strong organizational, interpersonal, and communication abilities.
  • Experience in program/project management is preferred.
  • Meticulous attention to detail and the ability to manage multiple deadlines.
  • Must have the ability to maintain confidentiality and work effectively in team settings.

Responsibilities

  • Develops and implements bidding and negotiation strategies for supplier selection.
  • Participates in design reviews to ensure technical requirements are met for new products.
  • Ensures compliance with program timing, including engineering changes.
  • Creates initiatives aimed at cost savings to achieve annual objectives.
  • Supports timely program completion through on-time delivery.
  • Utilizes CMS for purchasing-related activities.
  • Understands and applies all relevant purchasing policies and procedures.

Benefits

  • Opportunities for overtime to meet customer needs.
  • Travel opportunities outside of Canada with a valid passport.
  • Permanent position in a stable corporate environment.
  • Engagement with cross-functional teams for professional development.
Full Job Description
Job Responsibilities:

Salary Range: $80,000 - $95,000

Immediate, Open Position

The Senior Buyer is responsible for the sourcing and management of prototype tooling, production tooling, assembly capital, direct buy, steel and purchased components. The Senior Buyer works integrally with the Presstran Engineering, Materials and Quality Teams in order to ensure successful launches of new products and tools. The incumbent creates, distributes, collects, and recommends all program related suppliers in conjunction with the best overall business case.

REQUIRED SKILLS AND EXPERIENCE:

1. Post-secondary Degree/Diploma in Business Administration and/or Supply Chain Management. Engineering experience/background would be a definite asset.

2. Three (3) to five (5) years supply chain experience.

3. Strong computer skills (Microsoft Office Suite, Internet, Solarsoft IVP). Experience with advanced spreadsheets (Excel) and financial modeling would be a definite asset.

4. Excellent organizational, interpersonal and communication skills

5. Program / Project management experience would be a definite asset.

6. Strong attention to detail

7. Ability to work to meet deadlines and multiple demands

8. Ability to uphold confidentiality

9. Demonstrates the ability to work effectively in a team environment

10. Ability to work overtime to meet customer needs.

11. Eligible to travel outside of Canada with a required valid passport

DUTIES:

1. Develops and executes effective bidding, negotiation, pricing strategies and supplier recommendations to provide Presstran Industries with the best value in the market place for the dollars spent in a manner that meets the budgets, policies, ethical standards and audit requirements of Presstran Industries.

2. Participates in design reviews in conjunction with Design, Tooling and Quality Engineers for the verification and validation of technical requirements to ensure the successful launch of new products and tools.

3. Complies with program Timing including timing for engineering changes

4. Develops cost savings initiatives as per annual goal

5. Supports on-time delivery to help ensure timely program completion

6. Has practical, technical and professional skills required for the job

7. Conducts activities in CMS to support purchasing

8. Knows, Understands and utilizes GSA, eRFX and QPF

9. Knows, Understands and follows all relevant Magna and Cosma purchasing policies and procedures.

10. Exercises ample expertise and flexibility to procure all emergency requirements in cooperation with requisitioning departments and other supporting segments in the organization to ensure project completion

11. Has achieved CSCMP designation

12. Anticipates problems and plans accordingly; acts versus reacts

13. Maintains/processes claim in QPF or OEM site in a timely manner. Ensure all costs are captured in claims.

14. Able to prioritize work. Sets realistic deadlines for self and others and ensures deadlines are met

15. Observes early signs of changing conditions

16. Offers creative and effective solutions

RESPONSIBILITY AND WORKING CONDITIONS:

Under the general direction of the department leader, the Senior Buyer has many varied contacts both internally and externally. The incumbent requires excellent communication skills both written and verbal to exchange/collect information and negotiate with vendors. The incumbent works in an office environment. The Senior Buyer must be highly organized as the purchasing environment is subject to many work distractions.

Worker Type:

Regular / Permanent

Group:

Cosma International

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
Manufacturing & Automotive
5 Year Trend
-0.1%
NASDAQ
MGA
* Ladders Estimates

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