What are the responsibilities and job description for the Senior Commodity Buyer position at Canoo Technologies?
About Canoo
Canoo’s mission is to bring EVs to Everyone and build a world-class team to deploy this sustainable mobility revolution. We have developed breakthrough electric vehicles that are reinventing the automotive landscape with pioneering technologies, award-winning designs, and a unique business model that spans all owners in the full lifecycle of the vehicle. Canoo is starting production and is distinguished by its pioneering and experienced team of technologists, engineers, and designers. With offices around the country, the company is scaling quickly and seeking candidates who love to challenge themselves, are motivated by purpose, and possess a strong desire to get things done.
The “Canoo Way”
Canoo’s success is the direct result of our disciplined application of our core operating principles and drills, which are based on three main principles: Think 80/20 (“Important versus less important”), Act 30/30 (“Reduce waste and increase output”), and Live 90/10 (“We have each other’s back”). We hire based on “MET” - Mindset, Equipment, and willingness to Train - and seek individuals that take accountability and deliver results while being Humble, Hungry to succeed, and Hunting for opportunities to win. We train our team to engage with each other by modulating between their intellect (iQ) and emotional intelligence (eQ), applying Facts, Finesse, and Force when they communicate. The principles and drills of the CANOO Way have been fundamental to our success, our ability to grow, continuously improve, and innovate are at the core of our day-to-day operations.
Overview
Evaluates, selects, and manages Suppliers for serial production commodities of a specialized and complex nature. Conducts research and analysis necessary to recommend & execute sourcing strategies to maximize opportunity, efficiency and cost effectiveness. Engages Suppliers to cultivate relationships and to maintain positive standing in industry. Manages RFI/RFQ process including preparation of all requirements and Statements of Work. Analyzes supplier proposals in comparison to success criteria and applicable benchmarks. Negotiates cost and terms. Monitors Supplier performance and manages gaps. This position requires knowledge of Procurement and Manufacturing principles as well as the use of
Responsibilities
80s of the Position
- Conducts research of market conditions and relevant SWOT analysis to gather data for strategic planning.
- Investigates technology roadmaps of industry and key suppliers to anticipate opportunities.
- Recommends & executes commodity sourcing strategies.
- Identifies Supplier candidates, establishes relationship to facilitate quoting process.
- Organizes and leads Technical Review meetings with candidate Suppliers and Canoo Engineering, resolves disconnect in specifications between candidates.
- Prepares comprehensive RFI/RFQ packages and manages RFI/RFQ process to ensure accuracy.
- Works with Supplier candidates and internal team to achieve best total landed cost.
- Works with Canoo team members to construct approval package for leadership consideration, including objective evaluation of key elements such as cost, quality & delivery.
- Visits Suppliers to conduct on-site negotiations and business review meetings.
- Audit tooling and unit costs through review of supplier evidence & through on-site visitation.
- Recommends cost reduction targets, negotiates annual productivity cost reductions, conducts VA/VE review with Supplier and Canoo team members and drives results.
- Tracks, monitors and updates material sourcing agreements as per pre-negotiated mechanisms.
- Manage material sourcing agreement in Oracle.
- Monitors suppliers’ performance and works with Supplier and Canoo team members to escalate issues and quickly resolve gaps.
- Reviews ECR's during program development and in production, assess competitiveness and negotiates.
Qualifications
Required Experience:
- Bachelor's degree in related field and 8 years of Procurement experience; Or, any equivalent combination of experience and/or education from which comparable knowledge, skills and abilities have been achieved.
- Knowledge of Procurement principles including strategic sourcing and legal aspects of purchasing.
- Knowledge of EV and Automotive supply base.
- Knowledge of materials, products, manufacturing processes and market conditions in area of specialization.
- Skill in preparing and analyzing complex technical specifications and bids.
- Skill in both verbal and written communication.
- Skill in complex communications such as negotiation and problem resolution.
- Skill in construction and utilization of cost models in commercial negotiation.
- Ability to analyze supplier's cost breakdown and to judge competitiveness.
- Ability to prepare for and directly negotiate commercial agreements such as Statements of Work.
- Ability to benchmark processes for efficiency and cost.
- Experience with Oracle/SAP ERP, Excel (Advanced), MS officesuite
- Strong analytical and problem-solving skills.
- Experience working with Automotive / Electric Vehicle Commodities
- Strong work ethic and a commitment to excellence and data-driven decision making.
- Works well on projects on their own as well as with a team, able to clearly communicate ideas.
- Self-driven with a concentration on execution. Accountable for their own work.
Travel Requirements:
Up to 20% travel may be required
Physical Requirements:
While performing the duties of this job, employees may be required to sit for prolonged periods of time, occasionally bending or stooping, lifting up to 10 pounds, and prolonged periods of computer use.
Reasonable Accommodations:
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.
What's Cool About Working Here...
- Meaningful, challenging work that will redefine the automotive landscape and make EVs available to everyone
- Comprehensive Health Insurance
- Equity Compensation
- Flexible Paid Time Off
- Casual workplace with an unbelievable feeling of energy
Canoo is an equal opportunity-affirmative action employer and considers all qualified applicants for employment based on business needs, job requirements and individual qualifications, without regard to race, color, religion, sex, age, disability, sexual orientation, gender identity or expression, marital status, past or present military service or any other status protected by the laws or regulations in the locations where we operate. We also consider qualified applicants with criminal histories consistent with applicable federal, state and local law.
Any unsolicited resumes or candidate profiles submitted in response to our job posting shall be considered the property of Canoo Inc. and its subsidiaries and are not subject to payment of referral or placement fees if any such candidate is later hired by Canoo unless you have a signed written agreement in place with us which covers the applicable job posting.
Canoo maintains compliance with the OFCCP. As such, please feel free to review the following information:
https://www.dol.gov/agencies/ofccp/posters
https://www.dol.gov/agencies/olms/poster/labor-rights-federal-contractors
If you are a person with a disability needing assistance with the application process, please call (214) 529-8055 or email us at talentacquisitionteam@canoo.com
Equal Employment Opportunity Posters
Equal Employment Opportunity Posters | U.S. Department of Labor (dol.gov)