As a Commodity Buyer, you will play a critical role in sourcing, negotiating, and managing supplier relationships. You will work closely with cross-functional teams to ensure the timely and cost-effective procurement of your assigned commodities while maintaining the highest standards of quality and reliability and ensuring that supply base meets cost, quality, launch and delivery commitments
Main Responsibilities
Leads full sourcing process with activities as RFQ/RFI, technical reviews and obtain Council approval for new business awards.
Works in cooperation with other Nexteer functions to make the best supplier selection for Nexteer.
Conducts market research to identify potential suppliers and products that meet the organization's needs.
Negotiates contracts for prices and terms with outside suppliers for new and carryover components.
Develops and maintains commodity strategies in cooperation with other regions and in alignment with organizational needs and targets.
Follows market price trends and general business activities.
Manages supplier commercial issues.
Ensures compliance to GSM Policies and Procedures.
Establishes annual material budget and performs monthly budget analysis.
Works with suppliers and Nexteer resources to identify, develop and implement material cost savings.
Develop new suppliers/disruptors to properly support the needs of each product line
Negotiate, implement and maintain up to date prices per material contracts with supply base in alignment with customer agreements.
Job Requirements
Have a 4yr University degree in Business, Supply Chain, Engineering or any other relevant field
3+ years of experience in the automotive industry in purchasing of direct material.
Experience in commodity purchasing like Forgings, Driveline, Stampings, Rubber, Plastics
Able to function independently with minimal supervision & technical guidance.
Excellent negotiation skills.
Excellent oral and written communication skills & interpersonal skills to work effectively with others.
Good organization and documentation abilities.
Working knowledge of MS office.
Ability to read blueprints and understand basic engineering documents.
Strong knowledge of the specific commodities, materials, and products being purchased.
High analytical ability in complex situations with a strong knowledge of Purchasing strategies & skills
Must be able to travel up to 15%
Nearest Major Market: Detroit
Numbers & Facts
Location
Auburn Hills, MI
Skills
Analysis Skillsunmatched
Automotive Industryunmatched
Blueprintsunmatched
Budgetingunmatched
Communication Skillsunmatched
Contract Negotiationunmatched
Cost Controlunmatched
Cross-Functionalunmatched
Documentationunmatched
GSM (Global System for Mobile Communications)unmatched
Interpersonal Skillsunmatched
Maintain Complianceunmatched
Market Researchunmatched
Market Trend Analysisunmatched
Microsoft Officeunmatched
Negotiation Skillsunmatched
Organizational Skillsunmatched
Presentation/Verbal Skillsunmatched
Purchasing/Procurementunmatched
Request for Proposals (RFP)unmatched
Supplier Relationship Management (SRM)unmatched
Supply Chainunmatched
Team Playerunmatched
Technical Leadershipunmatched
Time Managementunmatched
Vendor/Supplier Managementunmatched
Vendor/Supplier Relationsunmatched
Vendor/Supplier Selectionunmatched
Willing to Travelunmatched
Writing Skillsunmatched
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