Regional Commodity Buyer

Job description

Job descriptions may display in multiple languages based on your language selection. What we offer: At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are. Group Summary: Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain. Job Responsibilities: Mission of the Position: Reporting to the Regional Commodity Manager (“RCM”), the Regional Commodity Buyer role is to support the development and implementation of global commodity strategies that satisfy the needs of the business (landed cost, footprint, quality, technology, risk, sustainability, etc.). Under direction of the RCM, responsibilities may include executing market tests, constructing supplier comparisons and business cases, and various other tasks to support the RCM’s management of assigned suppliers; including full responsibility for cost, contract performance, risk management and long-term value creation across the end-to-end supplier lifecycle including service). The ideal candidate will possess purchasing experience in the automotive industry, strong analytical skills and the ability to work in cross-functional teams. Key Responsibilities: Support the RCM in the development, alignment and implementation of global commodity strategies to achieve business targets related to savings, technology, footprint, quality, economics, sustainability, supply base reduction / consolidation, etc. Strategies should include data from trade fairs, macroeconomic and geopolitical influences, supplier landscape of opportunities and risks. In compliance with the commodity strategy and in alignment with Program Purchasing Teams support the RCM in the negotiation all new regional business awards. Tactics to include program bundling, global sourcing & leverage, dual sourcing, tariff & USMCA duty mitigation, specification / tolerance / material changes, process optimization, VAVE, Lean, logistics & packaging optimization, payment term improvement. Support the RCM to achieve regional budgeted savings targets on all existing business. Using the same tactics as above, develop and monitor the execution of divisional cost savings initiatives & risk mitigation strategies. Support the RCM in actively managing the supplier relationship, including all regional commercial topics for the entire life cycle (award, change control, all claims, performance, service, etc.). Adhere to disciplined contract management (NDA, Terms & Conditions, Nominations Letters, Settlement Agreements, etc.). Support the RCM in the qualification & development of new suppliers as necessary. Support the RCM in working with regional cross functional teams including Building Block, Program / Launch Management, Engineering, Production Control & Logistics, Constraints Management, Supplier Quality & Production Quality departments, and Magna International Purchasing counterparts according to the Purchasing RASIC. Keep the RCM informed of all issues through clear and concise communications. Follow Magna’s Code of Conduct and Ethics and related compliance policies. Additional duties and responsibilities as assigned. The above is intended to describe the general content of the performance of this position. It is not to be construed as an exhaustive statement of duties or responsibilities. Customers and Business Interfaces: Manufacturing division GM, AGM, Controlling Central Controlling Program Management Product Management Sales Building Block / Engineering Supplier Quality Operational and Program Purchasing Magna International Purchasing Requirements and Qualifications: Bachelor’s degree in manufacturing, engineering, business, or related discipline 3+ years' progressive experience in Purchasing field preferably in an automotive / manufacturing environment. 1+ year direct experience with the Assigned Commodity Commodities including, but not limited to, Forgings and/or Mechatronics Must be familiar with QS9000, TS16949, and ISO14001 procedures. Ability to travel domestically and internationally, approximately 20% of the time The above is intended to describe the requirements for the performance of this position. It is not to be construed as an exhaustive statement of requirements and qualifications. Health & Safety/Magna Standards/Additional Requirements: Practice and maintain integrity while following Magna’s Charter and Constitution. Follow Magna’s Code of Conduct and Ethics and related compliance policies. Supports and adheres to policies, procedures, and operational guidelines related to established quality management system (IATF 16949). Drive the development of new technologies to improve quality, efficiency and reduce cost. Comply with safety policies and procedures to ensure duties of self are performed in a safe manner. Health & Safety responsibilities: Understand applicable Environmental, Health & Safety policies and procedures in the workplace. Report unsafe conditions immediately. Report injuries, accidents, illnesses, near misses, property damage immediately. Follow safety rules. Comply with requirements for the use or operation of machines or equipment. Comply with Personal Protective Equipment (PPE) requirements. Create a positive work environment by demonstrating and sharing functional/technical knowledge. Develop and maintain a responsive and cooperative working relationship with internal and external customers. Treat everyone with dignity, trust and respect. Complete additional duties and responsibilities as assigned. The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Magna Powertrain of America, Inc. does not offer immigration-related sponsorship for this position. This includes any form of company-sponsored work authorization or immigration support, such as: Direct sponsorship by Magna Powertrain of America, Inc. Listing Magna Powertrain of America, Inc. as the employer of record on government forms Any visa or work authorization requiring written documentation or support from Magna Powertrain of America, Inc. (e.g., H-1B, OPT, STEM OPT, CPT, TN, J-1, etc.) Visa sponsorship is not available for this role. 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 or traditional mail to comply with GDPR requirements and your local Data Privacy Law. AI-Assisted Screening Disclosure 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. Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making. If you have any questions or concerns about this process, feel free to contact our Talent Attraction team. Worker Type: Regular / Permanent Group: Magna Powertrain