Commodity Procurement Specialist

1 month ago


Chennai, Tamil Nadu, India Visteon Corporation Full time
About the Role

We are seeking a highly skilled Commodity Buyer to join our team at Visteon Corporation. As a key member of our procurement team, you will be responsible for sourcing and procuring high-quality materials and services to support our business operations.

Key Responsibilities
  • Collaborate with internal stakeholders to identify and select the right suppliers based on quality, cost, and technology support.
  • Negotiate commercial terms with suppliers to ensure the best business outcomes.
  • Develop and implement supplier strategies to secure business deliverables.
  • Manage the RFQ process, including preparing, negotiating, and awarding contracts to strategic suppliers.
  • Conduct supplier business reviews to ensure all commitments are met and business goals are achieved.
  • Collaborate with cross-functional teams to deliver competitive material costs and implement cost-saving initiatives.
  • Consolidate suppliers based on the latest trends in technology and commercial terms for long-term sustainability.
  • Act as a liaison between the engineering team and suppliers to explore new technologies and support implementation.
  • Develop and maintain a cost model using market data and procurement tools to leverage suppliers for lowest-cost deliverables.
Requirements
  • Extensive experience in strategic sourcing with regional and global levels.
  • Basic knowledge of different manufacturing methods in the semiconductor area.
  • Extensive experience in negotiation management and negotiation tactics.
  • Wide range of knowledge in supplier management and supplier relationships.
  • Good understanding of contract management.
  • Strong project management and communication skills.
  • Experience working in international environments.
About Visteon Corporation

Visteon Corporation is a global technology company serving the mobility industry. We are dedicated to creating a more enjoyable, connected, and safe driving experience. Our platforms leverage proven, scalable hardware and software solutions that enable the digital, electric, and autonomous evolution of our global automotive customers.

We offer competitive salaries and benefits, as well as an environment that encourages employees to achieve their career goals. Join us and be part of a team that is shaping the future of mobility.



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