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Specialist, Procurement Processes

4 months ago

Troy, United States Magna International 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

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.

About the Role

The Specialist, Procurement Processes role involves collaborating with various stakeholders to develop and maintain global standard operating procedures (SOPs) for procurement. This includes creating a procurement handbook, standardizing processes, and defining supplier evaluation criteria. The role also involves representing the procurement department in interactions with other departments and audits, as well as managing standard taxonomies and templates. Additionally, the Specialist, Procurement Processes includes owning corporate documents and serving as a Project Lead for process standardization projects.

Your Responsibilities

Process Management:
  • Collaborate with business experts and product groups to develop, rollout, and maintain global standard operating procedures (SOPs) for all procurement business areas.
  • Create and establish a procurement standards operating procedures handbook to ensure consistency and efficiency in procurement processes.
  • Work on standard methodologies for specific business areas such as target costing, supplier evaluation, qualification methodology, and risk/compliance.
  • Represent the global procurement department in interactions with other departments and audits.
Standard Taxonomies & Templates:
  • Define, maintain, and take ownership of standard taxonomies within the procurement organization, including category codes (direct/indirect) and material master data taxonomy.
  • Collaborate with cross-functional groups to standardize templates like cost breakdown per category, supplier evaluation & risk assessment process, frame contracts, and non-disclosure agreements (NDAs).
  • Act as the owner of corporate documents such as global supply chain requirements and serve as the procurement contact for terms and conditions, as well as the procurement-related areas of Magna.com and Magnet.
Supplier Rating Criteria:
  • Define and maintain supplier rating criteria in collaboration with business experts from supplier management to measure supplier performance in terms of delivery and quality.
Project Management:
  • Assume the role of a project lead for standardization and rollout projects in process management within the procurement department.
Who we are looking for
  • Bachelor's degree in a relevant field such as Business, Supply Chain Management, or Procurement.
  • 3+ years' experience with supplier management, contract negotiation, strategic sourcing, and vendor relationship management.
  • A strong understanding of procurement processes, including sourcing, purchasing, and evaluating suppliers.
  • Strong analytical and problem-solving abilities to analyze data, evaluate supplier performance, and make informed decisions to optimize procurement processes.
  • Effective communication and negotiation skills in interacting with suppliers, stakeholders, and other departments.
  • Strong attention to detail in reviewing contracts, verifying specifications, and ensuring compliance with policies and regulations.
  • Proficiency in Microsoft Office (Word, Excel, and PowerPoint)
Your preferred qualifications
  • Familiarity with procurement best practices and industry standards is beneficial
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
  • Parking for electric vehicles


Awareness. Unity. Empowerment.

At Magna, we believe 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.