Role Summary

Under the general direction of the purchasing manager, the Commodity Buyer works independently and confers regularly with division, customer, and supplier staff specialists. The Commodity Buyer works closely with divisional, customer, and supplier staff specialists to develop, plan, improve, and implement new and current business projects within the supply base.

Key Responsibilities

• Responsible for developing, maintaining, and investigating potential new production material suppliers as well as current suppliers for new and existing programs.
• Responsible for the process of sourcing raw material, components, and services from suppliers based upon best overall value and ability to support the MEVS quality and delivery expectations.
• Create purchase orders, request for quotations, and work with various departments within the division to ensure all production requirements are met.
• Establish solid, multiple sources to ensure continuous supply and availability of commodities identified to support the needs of the division and initiate requests for quotation with suppliers
• Responsible for and maintain division cost breakdown model
• Identify, quote, and source steel either through customer resale programs or directly for all stampings needed in the facility
• Manage customer steel resale programs, contract management, and assist Finance in dispute resolution
• Maintain quarterly pricing updates for CRU pricing material
• Maintain the ERP system to be accurate at all times relating to supplier part costs and purchase orders
• Expedite/follow up on requirements as necessary
• Oversee and approve supplier quotations and recommend awards for purchase orders/contracts
• Perform in depth cost analysis
• Maintain document control of purchase orders to ensure audit trails are in place and meet financial and procedural requirements.
• Analyze and Maintain supplier capacity information and update quarterly
• Resolve variances between purchase orders and invoices when Finance requires assistance
• Oversee completion of supplier assessments as required
• Other duties as required

Key Qualifications/Requirements

• Able to prepare, read, and interpret written reports, correspondence, instructions, procedures and guidelines
• Able to effectively present information and respond to questions from management, employees, suppliers and customers
• Possesses excellent verbal and written communication skills
• Strong negotiating skills
• Strong focus on all aspects of metal stamping
• Able to manage and schedule multiple priorities and meet deadlines
• Able to work flexible hours and overtime
• Must be deadline driven
• Commitment to teamwork
• Able to work independently
• Strong working knowledge of Microsoft Office Products.
• Able to demonstrate understanding of how job performance affects product quality and customer satisfaction
• Exceptional ability to work with others; build and maintain positive employee/supplier relations
• Provide support and backup for all buyers as needed
• Establish and maintain a high level of communication and effective working relationships with suppliers and peers
• Actively participate in review meetings to ensure the successful launch of new products, processes, and tools

Additional Information

• College/University degree in Purchasing, Supply Chain, or Business discipline and/or equivalent work experience
• 5 years of experience in Purchasing preferably in an automotive manufacturing environment

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.