Purchasing Manager

4 days ago

New York, New York, United States Magna International Inc. Full time
About us

We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.

Forward. For all.

Group Summary

The Magna Exteriors portfolio of products includes access systems such as liftgates, exterior trim, modular systems, front-end modules including fascia, active aerodynamic systems and other lightweight structural components for automotive, commercial truck and other industrial markets.

Recognized globally as an innovator in all aspects of vehicle exteriors, Magna provides everything needed, from materials development and design through manufacturing and assembly, to help automakers create sleek, state-of-the-art vehicles across the world.

Overview:

Develops and provides operational strategic direction for purchasing team. Prepares and maintains yearly business plans and budget. Develops, maintains, and coordinates a quality supplier base. Maintains leadership role working cross-functional division and group teams and supplier. Leads, manages, and maintains appropriate level of staff in Purchasing Department and manages purchasing function to ensure objectives are met. Develops and implements purchasing policies, procedures, and practices in support of company and customer standards. Performs other duties as necessary in support of business objectives.

Responsibilities:

· Develop and implement purchasing strategies to optimize procurement processes and achieve cost savings.

· Manage direct and indirect procurement team. Establish clear objectives for team based on division and group targets. Develop and mentor team.

· Identify and evaluate potential suppliers based on quality, price, delivery, and service.

· Support negotiation and finalization of contracts, terms, and pricing agreements with suppliers.

· Establish and maintain strong relationships with key suppliers to ensure consistency and reliability of supplies.

· Collaborate with internal stakeholders (such as production, logistics, and quality assurance) to understand procurement needs and ensure timely delivery and cost savings (VA/VE).

· Analyze market trends, track supplier performance, and identify opportunities for cost reduction and process improvements.

· Manage the procurement budget, track expenses, and report on savings and cost avoidance.

· Ensure compliance with company policies, procedures, and ethical standards in all procurement activities.

· Stay updated on industry trends, changes in regulations, and best practices in procurement management.

· Work with both Division and Group procurement organizations on communization efforts and reporting.

· Perform other duties as necessary in support of business objectives. Guides and develops relationships between Purchasing and other key functional areas.

Qualifications:

· Bachelor's degree in business administration, supply chain management, or a related field preferred.

· Proven experience in purchasing or procurement, preferably in a managerial role.

· Strong negotiation and communication skills.

· Solid understanding of supply chain principles and procurement processes.

· Excellent analytical and problem-solving abilities.

· Strong communication and negotiation skills

· Ability to work in a fast-paced environment and manage multiple priorities.

· Knowledge of relevant legal and regulatory requirements.

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