Commodity Buyer

Primary Responsibilities

Will be responsible to function as a principle commodity buyer for the Americas. The overall role of this position is to participate in the development of and execution of commodity strategies as well as manage the overall strategic and transactional relationships with the suppliers. He or she will lead all initial sourcing and resourcing actions in support of the sourcing selection process for these commodities by using the lowest delivered cost method. The nominee is also responsible to deliver cost savings for existing suppliers, lead/support strategic supplier business reviews, and lead roadmap discussions with preferred suppliers.

Typical Duties

• Commodity Strategy development
• Sourcing selection
• Conduct supplier benchmarking exercises and commercial analyses
• Send RFQ's to preferred suppliers based on Commodity Strategy
• Conduct analysis on supplier quotes based on pricing, quality, delivery, & commercial ratings, including completion of Initial Sourcing Rationale
• Negotiate and issue sourcing contracts with suppliers
• Supplier relationship management
• Productivity negotiations
• Deliver costed BOM inputs for new business pursuits (piece price, vendor tooling, timing, etc)
• Lead/support Supplier Business Reviews with preferred suppliers as defined by Commodity Strategy
• Act as Purchasing single point of contact for commercial issues
• Manage Risk Mitigation process, including
• list of open Purchasing issues (RIO’s)
• Support sourcing board meetings and program/phase reviews with cross-functional team to deliver cost and timing targets, as required
• Initiate ESTAs with key suppliers, as required
• Support Capacity Study confirmations with suppliers, as required
• Support customer and internal Launch Readiness Reviews via Program Manager, as required

Requirements:

• Experience (one of the following)
• 3-7 years in Commodity Purchasing with experience in strategy and sourcing for multi-national company
• 3-7 years in Engineering with experience in Electrical commodities
• Degree (one of the following)
• BS in Business
• BS in Engineering

Desired competencies/experience:

• Strong negotiation skills resulting in delivered cost reductions
• Strong analytical experience and data modeling using Excel
• Program Purchasing and/or Program Management experience a plus
• Ability to multitask and manage several projects and assignments simultaneously
• High sense of urgency and commitment to meeting deadlines
• Strong attention to detail and accuracy in work product is critical
• Demonstrated effective communication skills both written and verbal
• Special requirements (ie: Overtime, Travel, etc)
• Occasional travel required (domestic and international)
• Occasional overtime and schedule flexibility required

Roles and Responsibilities:

• Act as Purchasing single point of contact for commercial issues
• Manage the overall strategic and transactional relationships with the suppliers and to manage multiple projects/assignments, and lead/support strategic supplier reviews.
• Conduct supplier benchmarking exercises and commercial analysis
• Send RFQ's to preferred suppliers based on Commodity Strategy
• Conduct analysis on supplier quotes based on pricing, quality, delivery, and commercial ratings
• Negotiate and issue sourcing contracts with suppliers
• Manage and develop a strategic supply base by establishing and maintaining professional relationships through regular contact and supplier business reviews as defined by Commodity Strategy
• Lead all actions to reduce costs for his/her commodities including productivity negotiations
• Track and report on Roadmap progress
• Deliver costed BOM inputs for new business pursuits (piece price, vendor tooling, timing, etc.)
• Manage Risk Mitigation process, including maintaining list of open Purchasing issues (RIO’s)
• Support capacity studies with suppliers, as required

Experience, Competencies & Qualifications:

• Prefer BS Engineering or other technical degree
• 2 to 4 years of Purchasing or other supply chain experience preferably in automotive industry
• Action oriented, ability to lead teams and ability to prioritize tasks and to deliver commitments on time
• Strong negotiation skills resulting
• Proficient with MS Excel and other office tools and systems
• Good verbal and written communication skills