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:
Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
Job Responsibilities:
The Category Director, Fasteners position is responsible for driving the
pooling of demand activities cross group with the target to achieve additional savings out of
scale at our Supplier base. The Category Director, Fasteners works closely with the
worldwide acting Category Leads within the respective Groups of Magna.
This role will be involved, to varying degrees, with all aspects of the strategic sourcing process,
including project planning, specifications development, supply market research, Supplier
engagement, evaluation, selection, and new Supplier implementation. The Category Director, Fasteners supports strategic sourcing activities for assigned sub-categories of spend,
capturing savings through purchasing volume, leveraging, negotiating price, and working
capital. The ideal candidate must be comfortable working independently within a team environment
involving all group representatives with no direct reporting line to the position. A strong ability
to influence and convince Stake Holders is mandatory.
Your Responsibilities: • Ensure regular communication with all groups.• Continue analysis of worldwide fastener market• Drive strategy definition on the level of sub-category level.• Handle Supplier categorization (Strategic, Keep, Grow and Phase Out) on a subcommodity basis and work with the Divisional Buyers to respect this framework in their
daily business and awards of new programs.• Lead Cross-Functional Teams in design and execution of category sourcing strategies.• Prepare, support and drive negotiation at Suppliers by using cross group volume with
the Group Buyers.• Provide an overview on the results of the negotiation, including a presentation of
results.• Achieve targets and create budgets considering strategy and risk management.• Work on standardization and reducing number of variants.• Develop and implement procurement cost savings ideas.• Develop and maintain key Supplier relationships.• Coordinate all Supplier issues with applicable functional organizations.• Work on the performance of suppliers• Lead, manage, and negotiate contracts and supply agreements in support of overall
goals and objectives.• Lead internal reviews of contracts with required functional areas such as Legal, Finance,
etc.• Identify, prioritize, and implement technical & commercial cost reduction and risk
mitigation projects.• Ensure compliance of internal controls as it relates to company policies and procedures.• Handle other related duties as assigned.
Who we are looking for: • Bachelor's degree in Science, Technology, Engineering, Math, or Business.• 5+ years purchasing experience in the automotive industry.• 7+ years purchasing experience, including procurement expertise in direct materials,
including but not limited to Fasteners.• Thorough understanding of the production process of the respective material• Ability to support and lead data analytics.• Ability to travel to Suppliers worldwide.
Your Preferred Qualifications:• Proficiency in Microsoft Excel, Word, PowerPoint, and PowerBI• Excellent verbal and written communication, project management, and relationship
building skills.• Strong organizational and presentation skills.• Strong analytical thinking, problem-solving, and negotiation skills
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.
Site Benefits:• Comprehensive medical, dental, and vision plans• 401 (k) plan with employer matching• Profit Sharing Program• Exciting internal development opportunities• Cafe• Motorcycle and electric vehicle parking.
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 to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Magna Corporate
