Magna International Logo

Magna International

Commodity Buyer - Electronics

Posted Yesterday
Be an Early Applicant
Hybrid
Troy, MI
Mid level
Hybrid
Troy, MI
Mid level
The Commodity Buyer supports supply base strategies for electronics at Magna Powertrain, managing sourcing, negotiations, supplier evaluations, and cross-functional team collaborations to optimize costs and develop supplier agreements.
The summary above was generated by AI
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:
Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That's what we're passionate about at Magna Powertrain, and we do it by creating world-class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.
Job Responsibilities:
Mission of Position:
Supports and implements supply base strategy for Magna Powertrain North America in assigned commodities.
Key Responsibilities:
  • Works with the Strategic Commodity Manager and Operational Purchasing to support the assigned MPT commodity team.
  • Assists in the development and implementation of the commodity strategy in assigned commodities.
  • Manages RFQ's to the supply base according to the commodity strategy to support Operational Purchasing programs (current and new).
  • Evaluates supplier cost structure to obtain best overall value on behalf of MPT.
  • Utilizes a total cost approach to optimizing piece prices for assign commodities, tactics to include but not limited to bundling, global sourcing, multiple sources/competition, specification changes, process optimization, value analysis/value engineering, logistics, and payment term improvement.
  • Assists MPT divisions in establishing supplier Long Term Agreements and supplier giveback terms for all components assigned to him/her.
  • Works with a cross functional team in support of the assigned commodities, including Program Management, Engineering, Production Control and Logistics, Supplier Quality Development and Quality departments.
  • Coordinates supplier development, consolidation and reduction programs.
  • Liaise with all other MPT divisions, to coordinate cost savings initiatives, and off-shore sourcing for North American component requirements.
  • Leads divisional cost savings initiatives with negotiation, alternate sourcing strategies and qualifying potential suppliers.
  • Within a given commodity, assure purchasing leveraging is optimized by providing oversight of the consolidated buy for all the MPT Divisions.
  • Keep senior MPT management informed of commercial issues through communications and presentations.
  • Other duties as assigned.

Requirements and Qualifications:
  • Commodities including but not limited to; Electronics (Motors, ECUs, Sensors, Coils, Wire Harness & Wire, Magnets, etc.)
  • Ability to deliver results.
  • Ability to influence others and gain alignment on direction.
  • Excellent negotiation skills.
  • Must be computer literate and have experience in Excel, PowerPoint, Word, etc.
  • Highly developed time management and follow up skills and the ability to multi-task.
  • Self-starter, excellent people and problem solving skills, strong task ownership and superior work ethic.
  • Must be able to relate & communicate well with people at all levels.
  • Must be very familiar with QS9000, TS16949, and ISO14001 procedures.
  • Excellent written and verbal communication skills.
  • Excellent communication, presentation and negotiation skills are essential in this role.
  • Bachelor's degree in manufacturing engineering, business or related discipline; Electrical Engineer greatly preferred.

Health & Safety/Magna Standards/Additional Requirements:
  • Practice and maintain integrity while following Magna's Charter and Constitution.
  • Follow Magna's Code of Conduct and Ethics and related compliance policies.
  • Supports and adheres to policies, procedures, and operational guidelines related to established quality management system (IATF 16949).
  • Drive the development of new technologies to improve quality, efficiency and reduce cost.
  • Comply with safety policies and procedures to ensure duties of self are performed in a safe manner.
  • Health & Safety responsibilities:
    • Understand applicable Environmental, Health & Safety policies and procedures in the workplace.
    • Report unsafe conditions immediately.
    • Report injuries, accidents, illnesses, near misses, property damage immediately.
    • Follow safety rules.
    • Comply with requirements for the use or operation of machines or equipment.
    • Comply with Personal Protective Equipment (PPE) requirements.
  • Create a positive work environment by demonstrating and sharing functional/technical knowledge.
  • Develop and maintain a responsive and cooperative working relationship with internal and external customers.
  • Treat everyone with dignity, trust and respect.
  • Complete additional duties and responsibilities as assigned.

The above is intended to describe the general content of and the requirements for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.
Work Environment:
Office environment; 20% domestic & international travel required.
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 the manufacturing process.
Awareness, 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.
Worker Type:
Regular / Permanent
Group:
Magna Powertrain

Top Skills

Excel
PowerPoint
Word

Similar Jobs at Magna International

Yesterday
Hybrid
Novi, MI, USA
Mid level
Mid level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Develop and implement purchasing strategies, manage supplier relationships and costs, ensure compliance with safety standards, and evaluate market conditions.
Top Skills: Automotive TechnologiesManufacturing
6 Hours Ago
Hybrid
Holland, MI, USA
Senior level
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
The Production Supervisor leads production teams, ensuring quality, safety, and efficiency while driving continuous improvement and managing workforce dynamics.
Top Skills: Enterprise Resource Planning (Erp)Manufacturing Execution Systems (Mes)Microsoft Office SuiteQad
Yesterday
Hybrid
Southfield, MI, USA
Entry level
Entry level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
As an Account Representative, you will support the development of automotive technologies in a dynamic environment with opportunities for career growth.

What you need to know about the Colorado Tech Scene

With a business-friendly climate and research universities like CU Boulder and Colorado State, Colorado has made a name for itself as a startup ecosystem. The state boasts a skilled workforce and high quality of life thanks to its affordable housing, vibrant cultural scene and unparalleled opportunities for outdoor recreation. Colorado is also home to the National Renewable Energy Laboratory, helping cement its status as a hub for renewable energy innovation.

Key Facts About Colorado Tech

  • Number of Tech Workers: 260,000; 8.5% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Lockheed Martin, Century Link, Comcast, BAE Systems, Level 3
  • Key Industries: Software, artificial intelligence, aerospace, e-commerce, fintech, healthtech
  • Funding Landscape: $4.9 billion in VC funding in 2024 (Pitchbook)
  • Notable Investors: Access Venture Partners, Ridgeline Ventures, Techstars, Blackhorn Ventures
  • Research Centers and Universities: Colorado School of Mines, University of Colorado Boulder, University of Denver, Colorado State University, Mesa Laboratory, Space Science Institute, National Center for Atmospheric Research, National Renewable Energy Laboratory, Gottlieb Institute

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account