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Magna International

Buyer

Posted Yesterday
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Hybrid
Mississauga, ON
Senior level
Hybrid
Mississauga, ON
Senior level
Responsible for purchasing raw materials and equipment, negotiating prices, managing supplier relations, and ensuring timely issuance of purchase orders while maintaining inventory levels and supporting continuous improvement projects.
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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:
Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.
Job Responsibilities:
Job Responsibilities:
  • Develops and executes effective bidding, negotiation, and pricing strategies to provide Meadowvale with the best value in the market place for the dollars spent in a manner that meets the budgets, policies, ethical standards and audit requirements of Meadowvale Stamping
  • Purchases raw materials, equipment, tools, parts and supplies for a group of products/functions.
  • Develops supply sources by interviewing potential suppliers, visiting current vendors to improve relations and assessing supply facilities and negotiating price.
  • Ensure Purchase Orders are entered and issued in a timely manner.
  • Conducts activities in CMS and other Information Systems to support purchasing
  • Reconciles variances between Purchase Orders and Invoices (Price, Quantity, Free On Board (F.O.B.), Inco terms, Terms of Payment)
  • Maintains supplier files, purchase prices, price fluctuations and Quality Procedures (CMS)
  • Ensures that the minimum level of inventory for the allocated commodities are maintained without jeopardizing the continuity of scheduled production within the customer release schedules.
  • Communicates effectively with all requisitioning departments and arranges for proper and accurate information exchange between originator and supplier
  • Participates as a strategic liaison with the relevant suppliers to ensure raw material requirements are satisfied.
  • Identify, plan and develop projects which reflect continuous improvement and offer cost savings to the division.

Core Competencies:
  • Solid project management skills, establishing long range planning, timelines and goals
  • Ability to leverage relationships with all key stakeholders to reach acceptance by all parties
  • Analytical and results focused driving to achieve and surpass targets through a commitment to continuous improvement
  • Will demonstrate strong problem solving capabilities in prioritizing tasks using effective approaches for choosing a course of action or developing appropriate solutions
  • Confident in handling vendor relationships

Education Qualification:
  • Post secondary education in related discipline.
  • 5 years experience in Purchasing/Materials Management related field, preferably in a manufacturing environment.
  • Enrolment in PMAC program (CPP Designation) an asset
  • Strong computer skills (Excel,Word, Project.)
  • Good mathematical, organizational and communication skills
  • Excellent organizational, interpersonal and problem solving skills.
  • Strong attention to details.
  • Ability to work to meet deadlines and multiple demands.
  • Ability to uphold confidentiality.
  • Demonstrates the ability to work effectively within team environment.
  • Ability to work overtime to meet customer needs.
  • Strong communication skills (English - both written and oral)

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:
Cosma International

Top Skills

Excel
Project
Word

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