Commodity Buyer

The Commodity Buyer will be responsible for managing the procurement of assigned parts and components, maintaining supplier relationships, and ensuring the best possible pricing and quality. The ideal candidate should possess strong negotiation and analytical skills, have a solid understanding of the automotive or commercial vehicle industry, and be able to make informed decisions to optimize our procurement processes.

Responsibilities:

• Manage and oversee the procurement of automotive parts and components, ensuring the best possible price, quality, and delivery times.
• Analyze category performance, market trends, and industry dynamics to develop and implement purchasing strategies.
• Establish and maintain strong relationships with suppliers, negotiating contracts and pricing to optimize supply chain efficiency.
• Evaluate supplier performance and manage supplier risk, identifying opportunities for improvement and cost reduction.
• Collaborate with cross-functional teams to ensure that purchasing strategies align with company goals and objectives.
• Continuously monitor and analyze category spend, identifying opportunities for cost savings and process improvements.
  Ensure compliance with relevant regulations, industry standards, and company policies.
• Maintain accurate and up-to-date records of purchasing activities, including order placement, shipment tracking, and invoice processing.
• Provide regular reports and updates to management on category performance, supplier performance, and purchasing initiatives.
• Participate in industry events, conferences, and training programs to stay informed of the latest trends, innovations, and best practices in the automotive industry.
• Support new product development initiatives by sourcing and evaluating suppliers, obtaining samples, and providing input on cost and feasibility.
• Develop and maintain a deep understanding of the automotive parts market, enabling proactive identification of potential supply chain disruptions and risks.
• Work closely with the inventory management team to ensure adequate stock levels are maintained and stock turnover is optimized.

Requirements:

• Bachelor’s degree in Business, Supply Chain Management, or a related field.
• A minimum of 3-5 years of experience in purchasing, procurement, or a similar role, preferably within the automotive industry.
• Strong understanding of the automotive parts market and supply chain dynamics.
• Excellent negotiation, analytical, and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint), and experience with purchasing or ERP software is a plus.
• Solid organizational and time management skills, with the ability to multitask and prioritize effectively.
• Ability to work independently and take ownership of assigned responsibilities.
• Detail-oriented and results-driven, with a strong commitment to quality and continuous improvement.