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At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Cosma provides a comprehensive range of body, chassis and engineering solutions to global customers. Through our robust product engineering, outstanding tooling capabilities and diverse process expertise, we continue to bring lightweight and innovative products to market.
The successful candidate must be capable and possess proven leadership in contract management, negotiations, procurement and supply chain management in support of Cosma North America Purchasing goals and objectives.
The position will be responsible to negotiate, analyze, manage and execute contracts as they pertain to Coma North America. The role will support operating facilities within the Cosma North America and will establish strong, consistent supplier management processes, and practices for key commodities supporting the success of the organization.
Essential Duties and Responsibilities
The position is responsible for coordinating cost reduction initiatives, supply chain management, contract management, legal compliance, supplier risk management and executing cross divisional initiatives encompassing common commodities while driving positive results to support Cosma International.
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Cost reductions: Meet and exceed cost reduction goals established by Cosma International. Provide quarterly reports as requested
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Initiate the development and implementation of new purchasing initiatives to achieve both Divisional and Group cost reduction objectives.
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Develop preferred suppliers in key commodities while ensuring the supply base is viable, capable to be a long term partner
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Manage annual rebate agreements
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Conduct detailed RFQ analysis as well as detailed review of cost breakdowns
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Occasionally support divisional purchasing needs on site
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Manage any legal related supplier issue
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Work with divisions to enhance the divisional purchasing plans and develop additional action plans with divisions where necessary for both direct and indirect commodities
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Negotiate in any problematic supplier related issue.
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Mentor and coach younger and less experienced divisional buyers
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Participate in the development and implementation of purchasing policies and best practices
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Work with Magna on Supplier Risk Management and represent Cosma N/A purchasing when necessary
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When appropriate represent Cosma divisions across the Magna Group of Companies in common cost reduction Initiatives.
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Interact with Cosma Commodity Leads in other regions
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Supplier development. Identify new sources and markets to drive improvements in Quality, Service, Technology and cost.
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Develop strong Divisional Procurement teams while encouraging all Divisions to work collaboratively in our unified effort to drive benefit across the Cosma group of companies.
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Perform other duties as required
Interpersonal:
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Communication – advanced written and verbal skills with an ability to communicate effectively at all levels.
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Data management skills - excellent knowledge of Microsoft Office Applications with significant analytical skills
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Integrity/Honesty/Ethics – a consistent approach to working with others. The ability to be open and honest with internal/external members as it relates to all aspects of the work.
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People skills – ability to develop, nurture and maintain strong relationships with both internal customers and suppliers.
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Multi-task Oriented – ability to change gears quickly, analyze and assess and make appropriate recommendations both internally and externally.
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Prioritize tasks accordingly with an ability to see the “big picture”.
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Change Management – Ability to be flexible, adjusting change approach according to the requirements and readiness of the Organization.
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Must be a self-starter and work with minimal supervision
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Continuously adhere to and apply the Magna Employee’s Charter, the Magna Corporate Constitution, and Magna’s code of Conduct in all aspects of position and interaction with others.
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Understands and follows established rules, procedures, policies and training requirements relating to position
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Ensure a safe working environment by observing safe work practices and by following all safety policies and procedures
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Other duties that may be assigned
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education/Experience
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University Degree and/or Community College graduate in field of Engineering, Business Purchasing, or Supply Chain Management
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+10 years of purchasing experience in the automotive industry
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Supply Chain Management designation is preferred but not required (SCMP, SPSM, CPP, CPPM, CGPP, CPPC)
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Strong knowledge of purchasing related laws and regulations within the Canadian, USA and Mexico Markets
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General knowledge in Accounting & Finance, Marketing and Logistics
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Strong process and product knowledge
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Proficiency in English business acumen (verbal, written), additional language skills an asset
At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.
AI-Assisted Screening Disclosure
As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.
Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
Regular / Permanent
Cosma International
