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Magna International

Senior Buyer

Posted 2 Hours Ago
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Hybrid
St. Thomas, ON
Mid level
Hybrid
St. Thomas, ON
Mid level
The Senior Buyer manages sourcing and procurement of tooling and components, collaborates with engineering teams, and ensures successful product launches.
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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:
Salary Range: $80,000 - $95,000
Immediate, Open Position
The Senior Buyer is responsible for the sourcing and management of prototype tooling, production tooling, assembly capital, direct buy, steel and purchased components. The Senior Buyer works integrally with the Presstran Engineering, Materials and Quality Teams in order to ensure successful launches of new products and tools. The incumbent creates, distributes, collects, and recommends all program related suppliers in conjunction with the best overall business case.
REQUIRED SKILLS AND EXPERIENCE:
1. Post-secondary Degree/Diploma in Business Administration and/or Supply Chain Management. Engineering experience/background would be a definite asset.
2. Three (3) to five (5) years supply chain experience.
3. Strong computer skills (Microsoft Office Suite, Internet, Solarsoft IVP). Experience with advanced spreadsheets (Excel) and financial modeling would be a definite asset.
4. Excellent organizational, interpersonal and communication skills
5. Program / Project management experience would be a definite asset.
6. Strong attention to detail
7. Ability to work to meet deadlines and multiple demands
8. Ability to uphold confidentiality
9. Demonstrates the ability to work effectively in a team environment
10. Ability to work overtime to meet customer needs.
11. Eligible to travel outside of Canada with a required valid passport
DUTIES:
1. Develops and executes effective bidding, negotiation, pricing strategies and supplier recommendations to provide Presstran Industries 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 Presstran Industries.
2. Participates in design reviews in conjunction with Design, Tooling and Quality Engineers for the verification and validation of technical requirements to ensure the successful launch of new products and tools.
3. Complies with program Timing including timing for engineering changes
4. Develops cost savings initiatives as per annual goal
5. Supports on-time delivery to help ensure timely program completion
6. Has practical, technical and professional skills required for the job
7. Conducts activities in CMS to support purchasing
8. Knows, Understands and utilizes GSA, eRFX and QPF
9. Knows, Understands and follows all relevant Magna and Cosma purchasing policies and procedures.
10. Exercises ample expertise and flexibility to procure all emergency requirements in cooperation with requisitioning departments and other supporting segments in the organization to ensure project completion
11. Has achieved CSCMP designation
12. Anticipates problems and plans accordingly; acts versus reacts
13. Maintains/processes claim in QPF or OEM site in a timely manner. Ensure all costs are captured in claims.
14. Able to prioritize work. Sets realistic deadlines for self and others and ensures deadlines are met
15. Observes early signs of changing conditions
16. Offers creative and effective solutions
RESPONSIBILITY AND WORKING CONDITIONS:
Under the general direction of the department leader, the Senior Buyer has many varied contacts both internally and externally. The incumbent requires excellent communication skills both written and verbal to exchange/collect information and negotiate with vendors. The incumbent works in an office environment. The Senior Buyer must be highly organized as the purchasing environment is subject to many work distractions.
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.
AI-Assisted Screening Disclosure
As 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 / Permanent
Group:
Cosma International

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