Stamping Commodity Buyer
1 day ago
Overview:
STAMPING COMMODITY BUYER
**Responsibilities**:
**Job Summary**:
The Commodity Buyer will be responsible for the strategy and execution of his/her commodity to meet corporate goals in supply base management, cost reduction, supplier reduction, and quality improvement and part consolidation. One of the primary responsibilities of this position is to develop and implement cost reduction opportunities and building a strategic supply base. Strong emphasis will be on meeting metrics, implementing cost reduction strategies while coordinating business relationships and agreements with major suppliers. The Commodity Buyer will create the supply base strategy and coordinate efforts with the program buyer to ensure supply base strategy is being followed. In general, the Commodity buyer will manage his/her commodities from 90 days after SOP through end of life while also managing the overall supply base strategy in addition to the responsibilities listed above. This position will report to the purchasing manager.
**Duties and Responsibilities**:
- Executes negotiation of commodities; works independently with mínimal supervision, exercising discretion, judgment, and professionalism in all tasks.
- Develop and maintain relationships with suppliers through regular communication, performance reviews, onsite visits.
- Lead and resolve commercial issues with the supply base.
- Work proactively to solicit ongoing coordination and cooperation in driving cost down, while managing commodity deck P&L.
- Helps to manage supplier score cards.
- Maintains supplier purchase orders and NDA(Non Disclosure Agreement).
- Close coordination with various departments and Department Managers and Supervisors as required.
- Understands Supplier Market situation and forecasts the impact to the supply chain.
- Ensures prompt conflict resolution between vendors and the Company, working with the team both internally and externally.
- Mandates year over year supplier savings and business link for any business new awarded.
- Ensures NDA / contracts with the suppliers towards protect company interests.
- Participates in continuous improvement activities that may include developing program to improve supplier performance.
Qualifications:
**Education & Experience**:
- Education: Bachelor’s degree in Engineering, supply chain, or related field or applicable industry experience to substitute.
- Skilled in negotiations, supplier selection and the development, approval and control of purchases in a decentralized environment.
- Strategic purchasing experience as it relates to supplier relations, sourcing and contract management.
Essential skills:
**Qualifications**:
- five plus years automotive commodity purchasing experience.
- Proven negotiation skills, with implemented cost savings.
- Work location: Chennai.
- Working knowledge/experience in machining, stamping, or casting is a plus.
- SAP knowledge a plus.
- Excellent verbal and written communications skills.
- Ability to handle multiple projects simultaneously.
- Self-driven, positive can-do mentality. Seizes opportunities and is not fearful of jumping into challenging situations.
- Deals with ambiguity and can shift gears comfortably, easily able to cope with change.
- Customer focused.
- Ability to make decisions in a timely manner, sometimes without complete information or under tight deadlines.
**Key Words**:
BIW, Stamping, Steel raw material, Steel & Stamping Commodity
**Experience**:
8 to 10 Years
In OEM and Tier 1 Automotive
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