Nexteer Automotive

Senior Commodity Buyer- Saginaw

Nexteer Automotive • $88K — $105K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in automotive purchasing of direct materials
  • Preferred experience in commodity purchasing (Machining, Forgings, Castings, Stampings, Plastics, Rubber)
  • Ability to work independently with minimal supervision
  • Strong negotiation skills
  • Excellent oral and written communication and interpersonal skills
  • Good organizational and documentation abilities
  • Working knowledge of MS Office
  • Ability to read blueprints and understand basic engineering documents
  • Strong knowledge of specific commodities and materials
  • High analytical ability in complex situations
  • Willingness to travel up to 15%

Responsibilities

  • Lead the full sourcing process including RFQ/RFI and technical reviews
  • Collaborate with cross-functional teams for optimal supplier selection
  • Conduct market research to identify potential suppliers
  • Negotiate contracts for pricing and terms with suppliers
  • Develop and maintain commodity strategies aligned with organizational targets
  • Monitor market price trends and business activities
  • Manage supplier commercial issues
  • Ensure compliance with GSM Policies and Procedures
  • Establish annual material budget and perform monthly analysis
  • Identify and implement material cost savings with suppliers
  • Develop new suppliers to support product line needs
  • Negotiate and maintain updated prices per material contracts

Benefits

  • Comprehensive health insurance
  • Retirement savings plan
  • Paid time off and holidays
  • Professional development opportunities
  • Flexible work arrangements
Full Job Description
Position: Senior Strategic Buyer

About the Role:

As a Senior Strategic Buyer, you will play a critical role in sourcing, negotiating, and managing supplier relationships. You will work closely with cross-functional teams to ensure the timely and cost-effective procurement of your assigned commodities while maintaining the highest standards of quality and reliability and ensuring that supply base meets cost, quality, launch and delivery commitments.

Key Responsibilities

As a Senior Strategic Buyer, you will be responsible to:

  • Leads full sourcing process with activities as RFQ/RFI, technical reviews and obtain Council approval for new business awards.
  • Works in cooperation with other Nexteer functions to make the best supplier selection for Nexteer.
  • Conducts market research to identify potential suppliers and products that meet the organization's needs.
  • Negotiates contracts for prices and terms with outside suppliers for new and carryover components.
  • Develops and maintains commodity strategies in cooperation with other regions and in alignment with organizational needs and targets.
  • Follows market price trends and general business activities.
  • Manages supplier commercial issues.
  • Ensures compliance to GSM Policies and Procedures.
  • Establishes annual material budget and performs monthly budget analysis.
  • Works with suppliers and Nexteer resources to identify, develop and implement material cost savings.
  • Develop new suppliers/disruptors to properly support the needs of each product line
  • Negotiate, implement and maintain up to date prices per material contracts with supply base in alignment with customer agreements.


Required Qualifications
  • At least 3 years of experience in the automotive industry in purchasing of direct material.
  • Experience in commodity purchasing like Machining, Forgings, Castings, Stampings, Plastics and Rubber preferred
  • Able to function independently with minimal supervision & technical guidance.
  • Excellent negotiation skills.
  • Excellent oral and written communication skills & interpersonal skills to work effectively with others.
  • Good organization and documentation abilities.
  • Working knowledge of MS office.
  • Ability to read blueprints and understand basic engineering documents.
  • Strong knowledge of the specific commodities, materials, and products being purchased.
  • High analytical ability in complex situations with a strong knowledge of Purchasing strategies & skills
  • Must be able to travel up to 15%


Education Requirements
  • Bachelor's degree in Business, Supply Chain, Engineering or other relevant fields


This position is not eligible for employer-sponsored work authorizationDo not apply for this role if you will need immigration sponsorship now or in the future. This includes direct company sponsorship, entry of Nexteer as the immigration employer of record on a government form, and any work authorization requiring a written submission or other immigration support from the company (e.g., H1-B, OPT, STEM OPT, CPT, TN, J-1, etc.)

About Nexteer Automotive

Nexteer Automotive is a global automotive supplier that specializes in developing and manufacturing steering and driveline systems. The company was founded in 2009 and is headquartered in Saginaw, Michigan. Nexteer Automotive has a presence in over 50 countries and has partnerships with many of the world's leading automakers. The company's products include electric power steering systems, hydraulic power steering systems, and driveline systems. Nexteer Automotive is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact, including the use of renewable energy sources and the reduction of waste and emissions.
Learn more about Nexteer Automotive
Size
11,900 employees
Industry
Founded
1906
NASDAQ

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