5 plus years of experience as an Advanced Buyer in a manufacturing environment
Venteon Finance is currently seeking an Advanced Buyer for a leading manufacturing company located in the Detroit, MI area. The primary role of the Advanced Buyer is to lead program level sourcing activities using a commodity based approach, with clear ownership of commercial strategy, cost improvement, supplier selection and negotiations.
Requirements of the Advanced Buyer
Bachelor Degree in Business, Finance, Purchasing, Supply Chain Mgmt, Engineering or related business emphasis
MBA or advanced degree is a plus
7+ years related work experience (Automotive Industry Tier 1 preferred)
5+ years in purchasing role
Work experience in areas similar to ADAS, EV/HEV, HUD s
Basic Knowledge of APQP, PPAP and Supplier development
Experience with analyzing cost breakdowns
Proven level of negotiation acumen
Experience preparing and presenting commodity reports & analysis to Senior Management levels.
Expertise with RFQ processes and benchmarking costs
Responsibilities of the Advanced Buyer
Act as the purchasing representative on project teams, driving the sourcing of new components from the acquisition phase through APQP, industrialization, and launch.
Manage the RFQ process for all sourcing activities, ensuring suppliers complete all required documentation and meet key requirements, at each RFQ stage.
Coordinate the qualification of new suppliers and evaluate risks in the current supply base, working closely with Supplier Quality, Supply Chain, and Manufacturing to ensure a robust supply chain and implement contingency plans during the sourcing of new components.
Collaborate with cross-functional teams, including Engineering, Purchase Costing Leader, Manufacturing, and Supplier Quality, on new product designs and the evaluation of potential technical partners.
Responsible for developing and executing commodity strategies for the assigned commodity group, including negotiating, implementing, and managing supply agreements, optimizing sourcing, securing favorable terms, driving cost savings, and proactively managing commodity price fluctuations and associated risks.
Manage and control Bill of Material (BOM) costs throughout each project stage, defining measures to close gaps to targets and tracking sourcing and cost savings KPIs .
If you are a high performer and would like to work for an equally high performing company and you think the above opportunity is appropriate for you, we invite you to apply to this job and email your resume to bray@venteon.com.
We treat all resumes with strict confidentiality. We will always contact you first before submitting your resume to our client(s) for review. If you do not receive correspondence, you are not a fit for this position.
At Venteon, our talent acquisition team is proud to provide our clients with the most qualified Accounting & Finance, Engineering and IT talent in the industry today
