Lead, Purchasing

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: As an engineering and manufacturing partner, Magna’s Complete Vehicle group helps traditional OEMs and new entrants to bring their automotive visions to life. At Magna, you will work in an innovative, international and dynamic team, always pursuing the goal of delivering high-quality products. We work in a diverse environment with global development opportunities. Together with our employees we constantly strive to create a better world of mobility. Job Responsibilities: Key Responsibilities Leadership & Team Management Provide leadership, coaching, and professional development to Buyers and Purchasing personnel. Establish departmental goals, priorities, and purchasing objectives. Support recruiting, onboarding, training, and succession planning activities. Drive accountability for purchasing performance and supplier management effectiveness. Lead team meetings, performance reviews, and employee development initiatives. Develop and implement standardized procurement processes and best practices. Strategic Sourcing & Supplier Management Develop sourcing strategies aligned with operational, customer, and financial objectives. Lead supplier selection, RFQ, sourcing, and contract negotiation activities. Manage supplier performance related to quality, delivery, cost, and responsiveness. Conduct supplier business reviews and performance evaluations. Support supplier development initiatives and continuous improvement activities. Maintain supplier scorecards, KPIs, and performance metrics. Manage supplier relationships and commercial negotiations. Cost Management & Financial Performance Lead cost reduction, value engineering, and productivity initiatives. Negotiate pricing, contracts, tooling agreements, and commercial terms. Support annual budgeting and cost planning processes. Analyze supplier pricing, market conditions, and industry trends. Drive Total Cost of Ownership (TCO) improvements. Identify opportunities for procurement and operational efficiencies. Production & Launch Support Ensure uninterrupted supply of materials supporting production requirements. Support new product launches, engineering changes, APQP, and PPAP activities. Coordinate supplier readiness and launch execution plans. Manage critical supply shortages, escalations, and recovery activities. Collaborate with Materials, Logistics, Operations, and Engineering teams to meet production schedules. Risk Management & Business Continuity Identify and mitigate supplier and supply chain risks. Develop contingency plans for critical suppliers and components. Monitor supplier financial stability, capacity, and business risks. Support business continuity and recovery planning activities. Lead supplier escalation and corrective action processes. Health, Safety & Environmental Responsibilities Promote Magna's safety-first culture. Ensure supplier compliance with environmental, ethical sourcing, and safety requirements. Support responsible sourcing and sustainability initiatives. Follow all company policies, procedures, and compliance requirements. Participate in continuous improvement and risk reduction activities. Qualifications Required Bachelor's Degree in Supply Chain Management, Business Administration, Purchasing, Engineering, Finance, or related field. 5+ years of purchasing, procurement, supply chain, or supplier management experience. Experience negotiating supplier agreements, contracts, and…

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