About the Role
The Commodity Buyer is responsible for managing assigned commodities and the supply base for direct materials. The main objectives of his position is to achieve optimum cost, quality and delivery performance.
1. Achieve optimum cost, quality and delivery performance.
2. Manage assigned component and raw material procurement for manufacturing facilities in North America.
3. Understand, monitor and communicate market developments effectively.
4. Develop and implement commodity and supplier strategies with new, existing and exit suppliers.
5. Liaise with European and AP and NA commodity teams to align Purchasing strategies.
6. Support quotation and estimation activities to win new business.
7. Ensure successful launch of new programs and management of supply base to ensure stable supply and competitive pricing throughout the product lifecycle.
8. Drive continuous cost reductions through supplier negotiations, Long Term Agreements, Value Add/Value Engineer (VAVE) projects and global benchmarking.
9. Establish and analyze cost models to understand piece prices and tooling costs.
10. Track and monitor supplier performance in terms of PPAP timing, quality and delivery.
11. Monitor supplier financials
12. Negotiate and drive Purchasing requirements for payment terms, T&C´s, warranty and GSQM.
13. Manage all aspects of the Purchasing administration processes including RFQ’s, sourcing approval, PPAP Request and new product launch activities.
A degree or diploma in Business Administration or Engineering.
Certified Supply Chain Management Professional an asset.
Five to seven years purchasing experience in a manufacturing environment.
Solid understanding of product costing and investments.
Proven analytical skills.
Strong, effective and clear communicator.
Ability to work individually and as part of a team.
Self-confident, self-motivated, forward-thinking with strong negotiation skills.
Excellent Microsoft Office skills.
Working knowledge with SAP and/or QAD.
Knowledge of manufacturing processes for automotive linkage and suspension components and raw materials including steel bar and coil, aluminum forgings, aluminum and grey iron castings, machining, cold forming, and rubber products.
Ability to travel.
Office environment in St. Catharines, Ontario
Must have valid passport and driver’s license.
Must be able and willing to travel. Frequent travel to Tillsonburg and Portland facilities.
Applicable THK Training Requirements:
All legislative requirements deemed applicable by Human Resources and Health and Safety