What are the responsibilities and job description for the Buyer/Cost Analyst - 3rd Procurement position at Subaru of Indiana Automotive, Inc.?
Date: Sep 23, 2025
Location: Lafayette, IN, US, 47905
Company: Subaru
Buyer/Cost Analyst
3rd Procurement - Procurement Management
Position Summary:
The Buyer/Cost Analyst is responsible for finding the most accurate cost to develop negotiation strategy, use effective negotiation strategy to influence a party to adjust their position based on the analysis to align with accurate costs and mutually beneficial interests. They will work directly with suppliers to understand engineering changes, analyze costs, and negotiate as necessary.
Outline of Duties:
- Responsible for supplier accounts with an average annual spend of $120 million
- Leads in achieving company sourcing targets
- Gains industry knowledge of commodity group and automotive industry trends
- Creates long-term sourcing strategy for commodity group
- Facilitates new supplier vetting (including on-site and financial audits)
- Executes sourcing strategies through the sourcing decision making process
- Reports and gain final approval up to executive level management
- Leads company cost reduction activity
- Cost structure and supply-chain analysis
- Supplier production process evaluation and improvement activity
- Supplier negotiation
- Initiates VA/VE activity through collaboration with design & quality engineers
- Contract management activity
- Engineering change cost analysis and approval contract activity
- Tactical support for supplier quality, delivery, development, packaging, AP/AR, and service parts
- Oversees the contracts negotiated with the suppliers
- All other duties as assigned
Minimum Qualifications:
- Bachelor’s degree in Supply Chain, Manufacturing, Business, Engineering, Finance, or a related field of study
- Strong computer skills including Excel, Word, Access, and PowerPoint
Desired Qualifications:
- Bachelor’s degree plus 3-5 years relevant experience in Supply Chain, Manufacturing, Business, Engineering, Finance, or a related field of study
- Understanding of Purchasing and product development process
- Production process background/knowledge
Travel:
Moderate travel may be required mainly for Supplier visits, business collaboration, and training purposes.
Subaru of Indiana Automotive, Inc. is an equal opportunity employer committed to employing a diverse workforce.
Nearest Major Market: Lafayette
Salary : $120
