Commodity Buyer

PRIMARY FUNCTION:

Purchasing defined as: Sourcing, negotiating and buying of goods, materials and services to meet the

Company’s operational requirements.

OVERALL PURPOSE OF THE ROLE:

The Commodity Buyer is directly accountable for creating a long term, value added, competitive advantage through the development, management, and collaboration of a supply base that provides quality products/services which meet/exceeds expectation in aid of business successes.

KEY RESPONSIBILITIES:

GENERAL AND TASK MANAGEMENT

• Act as global supply agent for assigned categories
• Proactively manage and propose supplier base ensuring supply with no adverse impact to external customer delivery and internal customer plans – in collaboration with Prospira technical and operational input from Prospira cross functional stakeholders
• Develop and implement global sourcing with specific negotiation strategies to achieve cost, supply assurance and risk mitigation objectives, utilizing Prospira RFx documents, processes, and procedures
• Develop and implement cost-reduction programs through the use of Cost- of-Ownership (COO) analysis, cost build-up analysis and supplier competition
• Negotiate and manage new/existing contract terms with suppliers, utilize benchmarking methods, to ensure cost competitiveness, quality standards, and delivery terms which align with Prospira business goals and plans
• Collaborate with suppliers and Prospira cross functional stakeholders to measure supplier performance, quality and compliance
• Relentlessly gathers data on the health of strategic suppliers’ business and adhere to Prospira escalation procedures concerning risk and proposed countermeasures
• Serves as a point of escalation and resolution of corrective actions with suppliers
• Ensure all associated documents are in place and updated when required
• Provide management reports and key performance data and monitor cost savings
• Ensure professional and consistent supplier management is applied across the supply base in line with the purchasing policy
• Understands and demonstrates project management skills while being data and deadline driven
• Provides a continuous improvement mindset with strong follow through
• Ensure that the function operates in accordance with any health, safety and environmental policies and procedures to ensure the safety and wellbeing of staff and visitors

RELATIONSHIP MANAGEMENT

• Develop and maintain strong relationships with internal and external stakeholders to ensure optimal performance
• Work collaboratively, negotiate and engage with key stakeholders to facilitate delivery and compliance with the purchasing strategy
• Communicate with stakeholders the impact of market change and potential effects on supply. Recommend solutions without compromising quality or service while optimizing cost
• Stay current and up to date on any changes that may affect the supply and demand of needed products and materials and advise others of any impact
• Contribute to new business initiatives and projects and review and communicate the impact on Purchasing activities
• Assist Senior Management in ensuring effective relationships with client businesses through maintaining an appropriate interface between procurement and suppliers

SELF-MANAGEMENT

• Comply with the Health, Safety and Environmental Policies
• Makes useful links to arrive at insightful plans and solutions
• Embraces personal challenge
• Confident, rounded thinking
• Is resilient, optimistic and open to change
• Self-motivated and able to work well under pressure

SKILLS AND ATTRIBUTES

• Strong and confident negotiator with the ability to negotiate at all levels
• Timely and informative communication, interpersonal and influencing skills
• Data driven with strong analytical skills and problem-solving abilities
• Results orientated with the ability to plan and deliver against project deadlines
• Commercially and financially aware with experience of managing budgets
• Keen attention to detail and accuracy

QUALIFICATIONS AND EXPERIENCE LEVELS

• Proven experience in a sourcing role, preferably within an automotive or manufacturing environment – international sourcing a plus
• Ability to add value, reduce costs and make business improvements
• Contract management and supplier experience
• Project management experience
• Knowledge and technical understanding of components and supply chain management
• Computer literate, especially Excel skills

REQUIREMENTS:

• Four-year degree in Business, or equivalent education or experience
• Minimum five (5) years of experience in direct/Indirect purchasing functions or related work experience
• Minimum two (2) years of negotiation and quoting experience