Regional Commodity Buyer

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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:

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 i