Purchasing Analyst

Litens Automotive Group; Vaughan; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Purchasing Analyst to join their dynamic team. This role focuses on cost estimation for components and tooling, requiring a deep understanding of supplier manufacturing processes. The ideal candidate will leverage analytical skills to identify cost-saving opportunities while collaborating with cross-functional teams. The company promotes a supportive environment that values diversity and innovation, offering competitive compensation and benefits. If you're passionate about making a meaningful impact in the automotive sector, this is the perfect opportunity for you.

Benefits

Competitive compensation

Flexible working environment

Opportunities for advancement

Diversity and inclusion initiatives

Qualifications

• 5+ years of experience in cost estimation in a manufacturing environment.
• Proficiency in financial modeling and supplier manufacturing processes.

Responsibilities

• Lead cost estimation for components and tooling, supporting purchasing activities.
• Analyze supplier quotes and assist in negotiations to optimize costs.

Skills

Cost Estimation

Analytical Skills

Problem-Solving

Communication Skills

Negotiation Skills

Education

Bachelor's Degree in Engineering or related field

Tools

Litens cost estimating software

Microsoft Office

Procure Force

Job description

We are a diverse group of talented people committed to creating solutions to problems and making the world a better place. We enhance and deliver both mechanical and electrified solutions that bring efficiency and sustainability to new heights. Founded in 1979, Litens has a proud history of being an innovative and highly respected company specializing in powertrain system engineering and component supply. Our history includes numerous achievements, many of which have been recognized through prestigious awards from our customers.

Experience a fulfilling and supportive environment where ingenuity is rewarded, collaboration is encouraged, and opportunities are readily available.

Why Join Litens?

Join the Litens Purchasing Team as a Purchasing Analyst. As an expert in Cost Estimation for Components and Tooling, this individual will lead and support Purchasing with the implementation of tools, financial models and on-site activities of suppliers that increase the company’s level of understanding of supplier cost drivers and identifies / pursues opportunities for continuous improvement. This role may also include buying responsibilities for selected parts at the discretion of the Global Director, Purchasing.

At Litens, you can make an impact. We’ve purposefully cultivated a supportive and flexible environment that gives everyone the opportunity to succeed. Litens offers a competitive and people-first approach to compensation and benefits, and we are committed to provide balanced employment and advancement opportunities for everyone.

Our diversity is our source of strength. At Litens, we are committed to equal employment opportunity, and we value and welcome diversity. We respect employees’ rights for a safe and respectful workplace. Accommodations for disabilities in relation to the job selection process are available upon request.

What will you do?

• Acts as the company’s expert user of Litens cost estimating software and completes component and / or assembly cost estimates as required.
• Estimates cost impact resulting from changes in design, tooling or supplier manufacturing processes.
• Develops ‘should be’ cost models for targeted parts and commodity groups and assists buyers to reach those costs.
• Analyses supplier quotes and provides key cost information which aids Purchasing’s negotiations.
• Executes the administrator role for Procure Force (Litens e-quote / sourcing software), which includes users’ setup, resolution of issues with the vendor, and software enhancements.
• Collects and presents Raw Material Index data from Litens subscriptions on a monthly basis.
• Buying responsibilities (if applicable) :

o Generate RFQ’s to suppliers for new production parts and / or engineering

changes. Communicate drawing exceptions requested by suppliers to product

o Negotiate piece price and tooling cost with suppliers.

o Recommend suppliers to be sourced following Litens Global Purchasing Commodity

Strategies and considering Total Cost of Ownership (TCO).

o Issue production parts and tooling purchase orders, as well as subsequent price up

dates in the system.

o Evaluate price adjustment requests from suppliers and conduct negotiations to

minimize the cost impact for Litens.

o Facilitate the “Supplier Request for Change” process (SRC)

o Support Material Control escalation process on supplier delivery issues.

o Ensure that a professional conduct and approach is taken in relation to all supplier

business relationships.

What will you bring?

• Possesses a deep understanding of supplier manufacturing processes common to the automotive industry with the ability to identify cost savings potentials.
• Analytical, with strong proven problem-solving abilities.
• Self-starter with the ability to work both in a team environment and independently.
• Excellent interpersonal and communication skills at all levels (verbal and written)
• Proficient use of Microsoft Office.
• Ability to travel internationally; must maintain a valid Passport with no Visa restrictions.
• Proficiency in financial modelling with experience in Cost Estimation or Manufacturing Operations.
• Minimum 5 years of experience in manufacturing environment, ideally cost estimation with a Tier 1 or Tier 2.
• Experience in Purchasing and negotiation skills are an asset.
• Experience working with cross functional teams that include Engineering, Sales, QA and Purchasing.