Magna

Strategic Commodity Buyer, Americas (Resins/Plastics/Paint)

Magna$70K — $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.
  • 3-5 years' experience in Purchasing, preferably in automotive/manufacturing.
  • Previous commodity experience in electronics, wire harnesses, resin, injection molding, fasteners, assemblies.
  • Ability to travel domestically and internationally (approximately 20%).
  • Must demonstrate success satisfying OEM and Tier 1 suppliers in a competitive automotive market.
  • Knowledgeable in logistics, business quoting, launch processes, and performance metrics.

Responsibilities

  • Develop and implement commodity strategies with the Global Commodity Director and Regional Lead Commodity Buyer.
  • Manage RFQs to support Operational Purchasing programs according to commodity strategy.
  • Evaluate supplier cost structures to achieve best overall value and minimize risk.
  • Utilize a total cost approach to optimize pricing for new and existing business in assigned commodities.
  • Lead divisions in establishing Long Term Agreements and manage supplier relationships through contract management.
  • Evaluate regional and global market conditions to inform sourcing decisions.
  • Coordinate supplier development and cost savings initiatives with Operational Purchasing.

Benefits

  • Opportunities for domestic and international travel.
  • Collaborative cross-functional work environment.
  • Exposure to advanced manufacturing practices and strategies.
  • Commitment to health, safety, and environmental standards.
  • Participation in cost savings initiatives for the organization.
Full Job Description
Job Responsibilities:

POSITION OVERVIEW:

As a member of the Global Purchasing Organization, you will assist in the development and implementation of Purchasing Strategies according to Goals and Objectives and Commodity Roadmaps defined by the Global Commodity Director in conjunction with the Regional Lead Buyer. Regional / Divisional commodity responsibility for sourcing, sourcing decisions, negotiations and managing the supply base for a segment or group of suppliers in respect with purchasing policy, internal code of Ethics, internal safety and environment rules.

RESPONSIBILITIES:

GENERAL
  • In coordination with the Global Commodity Director, Regional Lead Commodity Buyer, as well as Commodity Purchasing counterpart in other global regions, develop and implement commodity strategies in assigned commodity(ies) (technology, footprint, quality, economics, supply base reduction / consolidation, etc.).
  • Manage RFQ's to the supply base according to the commodity strategy to support Operational Purchasing programs (current and new).
  • Evaluate supplier cost structure to obtain best overall value on behalf of MML. Minimize collective risk thru favorable raw material, currency, and other adjustment mechanisms.
  • Utilize a total cost approach to optimize piece prices for new and existing business in the assigned commodities. Tactics to include program bundling, global sourcing & leverage, dual sourcing, tariff & UCT duty mitigation, specification / tolerance / material changes, process optimization, VAVE, logistics & packaging optimization, payment term improvement.
  • Lead MML divisions in establishing supplier Long Term Agreements and supplier giveback terms.
  • Manage supplier relationships through regular business roadmap reviews and disciplined contract management (NDA, Terms & Conditions, Nominations Letters, Settlement Agreements, etc.).
  • Evaluate Regional / Global market conditions.
  • Lead a cross functional team in support of the assigned commodity (ies), including Program Management, Engineering, Production Controls and Logistics, Supplier Quality Development and Quality departments.
  • Coordinate supplier development, consolidation, and reduction programs/suppliers.
  • In coordination with Operational Purchasing, develop and execute divisional cost savings initiatives & risk mitigation strategies on existing business to achieve annual savings budgets.
  • Within your assigned commodity, assure purchasing leveraging is optimized by providing oversight of the consolidated buy for all the MML Divisions.
  • Keep senior MML management informed of critical issues through clear and concise communications and presentations.
  • Perform additional duties and responsibilities as assigned.

HEALTH, SAFETY AND ENVIRONMENTAL RESPONSIBILITY
  • Ensure all safety and non-safety rules and regulations are followed
  • Ensure adherence to established quality and housekeeping standards.
  • Review and adhere to MML's health and safety, environmental, and quality standards, operating procedures, and policies.
  • Respond immediately to items brought to his/her attention with respect to hazards, defects or non-compliance issues
  • Understand and uphold the policies that prohibit workplace violence and harassment
  • In addition to the above, the duties include those specified under the Occupational Health & Safety Act

QUALIFICATIONS:
Requirements and Qualifications
  • Bachelor's degree in manufacturing, engineering, business, or related discipline
  • 3-5 years' progressive experience in Purchasing field preferably in an automotive / manufacturing environment.
  • Previous commodity experience including but not limited to electronics, wire harnesses, resin, injection molding, fasteners, assemblies
  • Ability to travel domestically and internationally, approximately 20% of the time
  • Perform tasks and responsibilities detailed in Magna's IATF16949 policies, procedures, and work instructions.
  • Complies with the designated ISO / 14001 responsibilities related to effective environmental management in accordance with Magna's Environmental Management System (EMS).
  • Must have demonstrated success in satisfying OEM's and Tier 1 suppliers in a complex, competitive automotive market. Functional experience in areas of strategic planning, manufacturing, purchasing, supply chain management and supplier quality. Experience with manufacturing best practices and continuous improvement.
  • Knowledgeable in the areas of logistics, business quoting and launch processes, industry best practices, standards and performance metrics.

WORKING CONDITIONS:
  • While working in this environment, the employee will be exposed to machinery, moving equipment and material, moderate noise, airborne particles, fumes and various levels of temperature created by manufacturing processes.
  • Up to 25% percent Travel required

Group:

Magna Mechatronics, Mirrors & Lighting

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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