Sr. Buyer

Dana Corp

Novi (MI)

On-site

USD 90,000 - 120,000

Full time

3 days ago
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Job summary

Dana Corp in Novi, MI is seeking a Senior Buyer to develop and execute strategic sourcing plans for assigned commodities. You will lead RFQ processes, negotiate contracts, and drive cost reductions while ensuring supplier performance and supply continuity.

You will partner with engineering, operations, quality, finance, and program management to mitigate risks, optimize total cost of ownership, and support new program launches.

Qualifications

  • Bachelor's degree in SCM, Business, Engineering, or related field.
  • 5–7 years procurement/strategic sourcing experience in manufacturing.
  • Professional certification (CPSM/CPM/APICS) preferred.
  • Experience leading RFQ processes, supplier negotiations, and contract management.
  • Ability to interpret engineering drawings and specifications.
  • Proficient with Microsoft Office, especially Excel, PowerPoint and Word.
  • Willingness to travel up to 10%.

Responsibilities

  • Develop and execute sourcing strategies for assigned commodities to meet cost, quality, delivery, and continuity objectives.
  • Lead RFIs/RFQs, supplier evaluations, competitive sourcing events, and sourcing recommendations.
  • Analyze supplier quotations and total cost of ownership for best overall value.
  • Negotiate pricing, terms, and supply agreements with suppliers.
  • Maintain strong supplier relationships and monitor performance (quality, delivery, cost, service).
  • Lead supplier performance reviews and support corrective action and continuous improvement.
  • Identify and capture cost reduction opportunities through strategic sourcing and productivity improvements.
  • Coordinate sourcing activities for new program launches and PPAP requirements.
  • Collaborate with Engineering/Quality/Operations/Finance/Program Management to meet objectives and mitigate risks.
  • Assess and mitigate supplier risks related to capacity, financial stability, quality, and continuity of supply.
  • Track and report sourcing project savings and procurement activities.
  • Identify process improvements to reduce inventory and improve supply chain performance.
  • Ensure compliance with purchasing policies, procedures, and contracts.

Skills

Strategic sourcing
Supplier management
Commercial negotiation
Contract management
Cost analysis
Project management
Cross-functional collaboration
Communication

Education

Bachelor's degree in SCM/Business/Engineering
Professional certification (CPSM/CPM/APICS) preferred

Tools

Microsoft Excel
PowerPoint
Microsoft Word

Job description

Job Purpose

The Senior Buyer is responsible for developing and executing sourcing strategies that support cost competitiveness, supply continuity, supplier performance, and operational excellence within assigned commodity categories. This role leads sourcing initiatives, supplier negotiations, RFQs, contract management, and cost reduction activities while partnering with engineering, operations, quality, finance, and program management teams.The Senior Buyer evaluates supplier capabilities, market conditions, and total cost of ownership to drive strategic sourcing decisions, mitigate supply chain risks, and support successful product launches and business objectives.

Job Duties and Responsibilities
  • Support the development and execution of sourcing strategies for assigned commodities to achieve cost, quality, delivery, and supply continuity objectives.
  • Lead RFI/RFQ activities, supplier evaluations, competitive sourcing events, and sourcing recommendations.
  • Analyze supplier quotations and total cost of ownership to identify the best overall value for the organization.
  • Negotiate pricing, commercial terms, and supply agreements with suppliers.
  • Develop and maintain strong supplier relationships while monitoring supplier performance in quality, delivery, cost, and service.
  • Lead supplier performance reviews and support corrective action and continuous improvement initiatives.
  • Identify and execute cost reduction opportunities through strategic sourcing, VA/VE activities, benchmarking, resourcing, and productivity improvements.
  • Support new program launches by coordinating sourcing activities, supplier readiness, PPAP requirements, and project milestones.
  • Collaborate with Engineering, Quality, Operations, Finance, and Program Management teams to support business objectives and resolve supply-related issues.
  • Assess and mitigate supplier risks related to capacity, financial stability, quality, and continuity of supply.
  • Track and report sourcing project savings, supplier performance metrics, and procurement activities.
  • Identify opportunities to improve procurement processes, reduce inventory, and enhance overall supply chain performance.
  • Ensure compliance with company purchasing policies, procedures, and contractual requirements.
Education and Qualifications
  • Bachelor's degree in Supply Chain Management, Business, Engineering, Manufacturing, or a related field.
  • 5-7 years of procurement, strategic sourcing, purchasing, or supply chain experience in a manufacturing environment.
  • Professional certification (CPSM, CPM, APICS, or equivalent) preferred.
  • Experience leading RFQ processes, supplier negotiations, and contract management activities.
  • Ability to interpret engineering drawings, technical specifications, and manufacturing requirements.
  • Proficiency in Microsoft Office applications, particularly Excel, PowerPoint, and Word.
  • Ability to travel up to 10%.
Skills
  • Strategic sourcing and supplier management
  • Commercial negotiation and contract management
  • Cost analysis and total cost of ownership evaluation
  • Project management and cross-functional collaboration
  • Supplier performance improvement and risk mitigation
  • Problem-solving and data-driven decision-making
  • Strong written and verbal communication skills
  • Results-oriented with the ability to manage multiple priorities in a fast-paced environment
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