Purchasing Analyst

Magna International, Inc

Troy, Michigan

JOB DETAILS
SKILLS
Analysis Skills, Artificial Intelligence (AI), Automation, Automotive Industry, Automotive Technology, Best Practices, Business Administration, Communication Skills, Cost Control, Customer Relations, Data Analysis, Data Quality, Detail Oriented, Documentation, Emerging Technology, Environmental Health, Finance, Financial Analysis, Financial Operations, Information/Data Security (InfoSec), Machining Operations, Manufacturing, Market Analysis, Market Research, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft PowerPoint, Operational Audit, Operational Support, Operations Guidelines, Operations Processes, Performance Analysis, Power BI, Powertrain, Process Improvement, Project Evaluation, Purchasing/Procurement, Quality Management, Reporting Dashboards, Risk Management, Safety Compliance, Safety Process, Safety/Work Safety, Supply Chain Management, Team Player, Test Plan/Schedule
LOCATION
Troy, Michigan
POSTED
1 day ago
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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:

The Purchasing Analyst supports purchasing operations through supplier risk management, data analysis, reporting, and coordination with commodity teams. This entry-level role focuses on maintaining accurate supplier data, supporting risk management activities, and driving process improvements, while contributing to global purchasing initiatives.

Key Responsibilities:

  • Support supplier risk management activities, including documentation completion and tracking outstanding information
  • Maintain and update supplier data and purchasing records within internal systems
  • Follow up with commodity teams and suppliers to ensure data accuracy and completeness
  • Collaborate with plants and global teams to align monthly reporting and improve data consistency
  • Assist with purchasing analytics, reporting, and performance tracking of purchasing initiatives
  • Contribute to automation and reporting enhancements, including dashboard development (e.g., Power BI)
  • Partner with IT, Finance, Operations, and Process teams to support system and process improvements
  • Learn and apply purchasing systems, processes, and best practices
  • Provide support for trade compliance and supplier-related projects as required
  • Conduct market research and analysis to support purchasing decisions
  • Perform ad hoc analyses and project-based tasks as assigned
  • Stay informed on emerging technologies (e.g., AI tools) and share insights with the team

Requirements and Qualifications:

  • Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field
  • 0-2 years of relevant experience (internship or co-op experience preferred)
  • Strong proficiency in Microsoft Office (Excel, PowerPoint, Outlook) and familiarity with Power BI
  • Basic understanding of purchasing, supply chain, risk management, or finance principles.
  • Strong analytical skills with attention to detail and accuracy
  • Effective communication and collaboration skills

Magna Standards:

  • 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.
  • Comply with Magna's information and data protection policie

About the Company

M

Magna International, Inc

We are a leading global automotive supplier with 347 manufacturing facilities and 94 product development, engineering and sales centres in 27 countries. We have over 159,000 employees focused on delivering superior value to our customers through innovative processes and World Class Manufacturing.
COMPANY SIZE
10,000 employees or more
INDUSTRY
Automotive and Parts Mfg
FOUNDED
1957
WEBSITE
http://www.magna.com/