Sr. Buyer

Magna-International-6df39721; Newmarket; On-site; CAD 70,000 - 85,000; Full time

Job summary

Magna Mechatronics, Mirrors & Lighting seeks a Global Commodity Buyer to develop and implement strategic sourcing plans across assigned commodities. This role partners with the Global Commodity Director and regional buyers to optimize cost, quality, and supply security for automotive components.

You will manage RFQs, evaluate supplier cost structures, and drive value through total cost optimization, while leading cross-functional teams and ensuring compliance with Magna’s purchasing policies and

Qualifications

• Bachelor’s degree in manufacturing, engineering, business, or related discipline.
• Experience in automotive purchasing and supplier management.
• Understanding of ISO/EMS policies and supplier quality requirements.

Responsibilities

• Develop and implement commodity strategies in assigned categories.
• Lead RFQ processes and supplier negotiations to optimize value.
• Manage supplier relationships and cross-functional project teams.
• Monitor market conditions and drive cost-savings initiatives.

Skills

Purchasing

Supplier management

Strategic planning

Negotiation

Global sourcing

Education

Bachelor's degree in manufacturing/engineering/business

Job description

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:The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling.Job Responsibilities:POSITION OVERVIEW:As a member of the Global Purchasing Organization, you will assist in the development and implementation of Purchasing Strategies according to Goals and Objectives and Commodity Roadmaps defined by the Global Commodity Director in conjunction with the Regional Lead Buyer. Regional / Divisional commodity responsibility for sourcing, sourcing decisions, negotiations and managing the supply base for a segment or group of suppliers in respect with purchasing policy, internal code of Ethics, internal safety and environment rules.Salary Range: $70,000 - $85,000 annuallyRESPONSIBILITIES:GENERALIn coordination with the Global Commodity Director, Regional Lead Commodity Buyer, as well as Commodity Purchasing counterpart in other global regions, develop and implement commodity strategies in assigned commodity(ies) (technology, footprint, quality, economics, supply base reduction / consolidation, etc.).Manage RFQ’s to the supply base according to the commodity strategy to support Operational Purchasing programs (current and new).Evaluate supplier cost structure to obtain best overall value on behalf of MML. Minimize collective risk thru favorable raw material, currency, and other adjustment mechanisms.Utilize a total cost approach to optimize piece prices for new and existing business in the assigned commodities. Tactics to include program bundling, global sourcing & leverage, dual sourcing, tariff & UCT duty mitigation, specification / tolerance / material changes, process optimization, VAVE, logistics & packaging optimization, payment term improvement.Lead MML divisions in establishing supplier Long Term Agreements and supplier giveback terms.Manage supplier relationships through regular business roadmap reviews and disciplined contract management (NDA, Terms & Conditions, Nominations Letters, Settlement Agreements, etc.).Evaluate Regional / Global market conditions.Lead a cross functional team in support of the assigned commodity (ies), including Program Management, Engineering, Production Controls and Logistics, Supplier Quality Development and Quality departments.Coordinate supplier development, consolidation, and reduction programs/suppliers.In coordination with Operational Purchasing, develop and execute divisional cost savings initiatives & risk mitigation strategies on existing business to achieve annual savings budgets.Within your assigned commodity, assure purchasing leveraging is optimized by providing oversight of the consolidated buy for all the MML Divisions.Keep senior MML management informed of critical issues through clear and concise communications and presentations.Perform additional duties and responsibilities as assigned.HEALTH, SAFETY AND ENVIRONMENTAL RESPONSIBILITYEnsure all safety and non-safety rules and regulations are followedEnsure adherence to established quality and housekeeping standards.Review and adhere to MML’s health and safety, environmental, and quality standards, operating procedures, and policies.Respond immediately to items brought to his/her attention with respect to hazards, defects or non-compliance issuesUnderstand and uphold the policies that prohibit workplace violence and harassmentIn addition to the above, the duties include those specified under the Occupational Health & Safety ActQUALIFICATIONS:Requirements and QualificationsBachelor’s degree in manufacturing, engineering, business, or related discipline3-5 years' progressive experience in Purchasing field preferably in an automotive / manufacturing environment.Previous commodity experience including but not limited to electronics, wire harnesses, resin, injection molding, fasteners, assembliesAbility to travel domestically and internationally, approximately 20% of the timePerform tasks and responsibilities detailed in Magna’s IATF16949 policies, procedures, and work instructions.Complies with the designated ISO / 14001 responsibilities related to effective environmental management in accordance with Magna’s Environmental Management System (EMS).Must have demonstrated success in satisfying OEM’s and Tier 1 suppliers in a complex, competitive automotive market. Functional experience in areas of strategic planning, manufacturing, purchasing, supply chain management and supplier quality. Experience with manufacturing best practices and continuous improvement.Knowledgeable in the areas of logistics, business quoting and launch processes, industry best practices, standards and performance metrics.WORKING CONDITIONS:While working in this environment, the employee will be exposed to machinery, moving equipment and material, moderate noise, airborne particles, fumes and various levels of temperature created by manufacturing processes.Up to 25% percent Travel requiredAwareness, Unity, Empowerment:At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.AI-Assisted Screening DisclosureAs part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.Worker Type:Regular / PermanentGroup:Magna Mechatronics, Mirrors & Lighting