Senior Buyer

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: Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market. Job Responsibilities: Scope of Position The Senior Buyer is responsible for the procurement and management of purchased and directed-buy components, capital equipment, tooling & facility services. Additionally, the Buyer may need to support our MRO operations, and cost savings initiatives in MRO. Salary Range: $86,000 - $109,000 Minimum Requirements Post-secondary Degree/Diploma Five (5) years to Ten (10)+ years of experience in a progressive Purchasing Department (Tier 1 Automotive Preferred) Strong computer skills (Microsoft Office Suite, ERP Systems such as CMS, SAP) Able to demonstrate examples of Cost Savings Projects for several commodities, the related challenges, and total savings opportunities Excellent organizational, interpersonal and communication skills Good mathematical and problem solving skills Process knowledge of various core commodities Working knowledge of GD&T, PPAP’s, APQP, and IATF requirements Strong attention to details, motivated to create and find new savings opportunities Experience negotiating complicated contract terms and conditions Ability to work to meet deadlines and multiple demands Ability to uphold confidentiality Demonstrates the ability to work effectively in a team environment Willingness to travel for training, meetings, and supplier visits (up to 20% of travel) Available to travel internationally, and for on call coverage as required Job Specific Responsibilities Develops and executes effective bidding, negotiation, and pricing strategies to provide a strong competitive advantage in a manner that meets our budgets, policies, ethical standards and audit requirements Prepares RFQ/Bid packages for diverse commodities including but not limited to Raw Material (Steel, Aluminum coil steel), Stampings, Fasteners, Sleeves, Aluminum Extrusions and Aluminum Castings, capital equipment, tooling and several major MRO related commodities etc. Consults with internal team in reviewing scope of work for RFQ process, supplier quote proposal and recommend suppliers based on detailed quote analysis. Reviews detailed cost breakdowns and provides recommendations on supplier target pricing Continually work with Supply base to identify Cost Saving opportunities and strive to achieve Cost Saving targets assigned by Management. Establishes supply chains to ensure a continuous supply of purchased components, directed-buy components, and tooling Supports the Materials team with on time delivery as needed Issues capital and tooling addendums, reviews GSA and QPF supplier ratings, conducts supplier integrity checks, and requests financial audits as needed Participates in design reviews in conjunction with Design, Supplier Development, Tooling and Quality Engineers in order to ensure the successful launch of new programs Prepares, negotiates and executes all contracts according to Deco Automotive/Magna policies and procedures, and in accordance with government regulations Communicates effectively with all internal departments and team members Ensures all purchase orders are entered in a timely manner, while ensuring blanket purchase order pricing is accurate. Reconciles any variances between Purchase Ord…

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