Sr. Buyer

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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.

Salary Range: $70000 - $85000 annually

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 RFQs 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 MMLs 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:

• Bachelors 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 Magnas IATF16949 policies procedures and work instructions.
• Complies with the designated ISO / 14001 responsibilities related to effective environmental management in accordance with Magnas Environmental Management System (EMS).
• Must have demonstrated success in satisfying OEMs 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

At Magna we believe that a diverse workforce is critical to our success. Thats 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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

As part of our commitment to a fair consistent and efficient recruitment process we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

If you have any questions or concerns about this process feel free to contact our Talent Attraction team.