Dana Incorporated

Sr. Buyer, Bearings

Dana Incorporated$92K — $110K *
Novi, MI 48375In-Person
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business (preferably with Supply Chain Management or Purchasing focus) or any four-year degree.
  • Professional Supply Chain certification is preferred.
  • 7+ years of procurement experience is desired.
  • Strong teamwork capability, especially in cross-functional settings.
  • Exceptional written and verbal communication skills.

Responsibilities

  • Formulate annual business plans to achieve cost reduction and performance improvement.
  • Analyze quotes to recommend global sourcing solutions based on value and data.
  • Develop and manage commodity strategies with an understanding of templates and market dynamics.
  • Provide documentation for sourcing councils that includes total landed cost analysis and financial factors.
  • Oversee multiple projects to mitigate delays and ensure successful program launches.
  • Negotiate supplier contracts with a focus on financial and strategic optimization for Dana.
  • Monitor supplier performance and facilitate issue resolution through audits and regular reviews.
  • Collaborate with departments to reduce inventory needs and streamline supply chain workflows.
  • Lead continuous improvement initiatives using methodologies like Lean and Value Stream Mapping.

Benefits

  • Professional growth opportunities and continuous improvement culture.
  • Exposure to global sourcing strategies and high-level procurement processes.
  • Collaborative work environment fostering cross-functional teamwork.
  • Possibility for travel, enhancing industry networking and experience.
Full Job Description
Job Purpose

Directs the activities associated with the SCMG managed global spend for a designated commodity category. Responsible for identification and evaluation of North American opportunities within the commodity category for reduction of spend, consolidation of process, function, and continuity of supply. Manages the Dana contracts within the commodity category and reports the metrics associated with them. Delivers continuous improvement in cost process and services within the commodity category. Will be responsible for requests for information (RFI) or quote (RFQ). Generates recommendations based on Total Cost of Ownership comparisons. Monitors and reports on activities associated with named commodity category.

Job Duties and Responsibilities
• Formulate annual business plans for achievement of cost reductions and year over year performance improvement.
• Obtains and analyzes quotes to determine best value, then recommends global sourcing solutions based on data and facts collected.
• Can layout and explain a commodity strategy. Follows and tracks to the strategy for basic commodities. Understands all aspects of commodity strategy templates. Can create a strategy but may be limited to current state (static) and not completely global. May be limited to more basic commodities. Utilizes capability matrices to develop strategy.
• Provides proper documentation for review at sourcing councils including total landed cost analysis taking into account duty, freight, packaging, surcharge, payment terms and other financial factors. Includes understanding of SSA status and any financial risk. Consistently utilizes IPOs in quoting new business. Considers global spend for all suppliers.
• Ability to maintain control of multiple projects to meet timing and anticipates and resolves 'roadblocks' for successful part PPAP and launch. Monitors technical review progress with cross functional teams; ensures OISRs are updated and tracks to program milestones.
• "Ability to clearly understand the financial and strategic impacts of agreed to 'gives' and 'gets' to optimize the value to Dana and negotiate complex supplier issues with little to no supervision. Understands tactics to position Dana with the most leverage possible.
• Consistently sends out and reviews complete RFQ packages and negotiates the basic terms of a contract to support an agreement. Understand what type of contract is required. Understands key points to leverage beyond price. Understands Dana's standard Terms and Conditions.
• Monitors supplier(s) performance, audits results and elevates issues within the supplier's organization for resolution. Understands and reviews the corrective actions for sustained results. Holds regular performance review meetings with key stakeholders and measures compliance to agreements. Tracks Savings projects and reports accurate forecasts and actuals in Savings Tracker. Understands supplier surcharge mechanisms.
• Works proactively with other departments to find ways of reducing the need for inventory.
• Manages the supply chain to ensure optimum workflows and takes active steps to remove non-value-added work. Challenges the status quo and engages help and support from other functional groups. Makes specific and comprehensive recommendations for process improvements. Understands DOS and can lead improvement activities with assistance.
• Is able to lead Benchmarking, VA/VE, Lean, Resourcing, LPP analysis, Value Stream mapping events with no assistance. Thinks creatively to use the learnings from the savings toolbox to generate a range of improvement options with the business. Promotes cost reduction activities with key suppliers and shares best practices.

Education and Qualifications
• Bachelors Degree in Business (Supply Chain Management or Purchasing is preferred) or any four year degree.
• Professional Supply chain certification preferred.
• 7+ years of experience in procurement, preferred.
• Strong team player, able to work effectively on cross-functional teams.
• Excellent communication skills, verbal and written.
• Maintains an organized and professional manner when representing Dana.
• Willing to travel as required (estimate 10%).

Skills

About Dana Incorporated

Dana Incorporated is a global supplier of drivetrain and e-propulsion systems for passenger cars, commercial vehicles, and off-highway equipment. The company's products include axles, driveshafts, transmissions, and electrodynamic technologies. Dana Incorporated serves customers in the automotive, commercial vehicle, and off-highway markets. The company operates through four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Drive and Motion Technologies, and Power Technologies. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.
Learn more about Dana Incorporated
Size
38,000 employees
Market Cap
$3.7 billion
Industry
Net Income
-$31 million
5 Year Trend
+3.2%
Revenue
$7.1 billion

Similar Jobs

  • Whirlpool Corp
    Senior Analyst, Procurement
    $85K — $102K *
    Whirlpool Corp
    Benton Harbor, MI 49022 (Berrien County)
  • Buyer III
    $83K — $124K *
    ITT Inc.-English
    Orchard Park, NY 14127 (Erie County)
  • Yanfeng Automotive Interiors
    Senior Buyer Direct
    $88K — $105K *
    Yanfeng Automotive Interiors
    Novi, MI 48375 (Oakland County)
  • ASRC
    Senior Buyer
    $80K — $95K *
    ASRC
    Sterling Heights, MI 48310 (Macomb County)
  • Senior Buyer
    $80K — $100K *
    Atlas Copco
    Burlington, ON L7L 0A4
  • Constellation Brands
    Sr. Buyer
    $82K — $123K *
    Constellation Brands
    Chicago, IL 60629 (Cook County)

More Jobs at Dana Incorporated

More Manufacturing & Automotive Jobs

Find similar Sr. Buyer, Bearings jobs: