Commodity Buyer
Date: Oct 3, 2024
Location: Northville, MI, US
Company: Tenneco
Commodity Buyer
Location: Northville MI, US
Company: Tenneco
RESPONSIBILITIES:
- Coordinate sourcing and vendor management needs with Tenneco Clean Air Purchasing team.
- Develop and implement comprehensive commodity sourcing strategies aligned with the company's overall business goals and objectives.
- Identify best in class sources, processes and solutions.
- Perform purchasing activities for direct material commodities. Includes negotiating pricing, terms, delivery, and quality.
- Manage the RFQ/RFI process including RFQ development, follow-up, analysis and recommendation.
- Maintain required KPIs (material cost reduction, payment terms, contracts/T&Cs, supplier rationalization, localization, etc.) and manage vendors and vendor relationships to ensure on-time delivery, fill rate, and quality expectations.
- Prepare required data and or documents for supplier meetings or negotiations.
- Prepare financial analysis of RFQ results and communicate optimal options to stake holders.
- Collaborate closely with cross-functional teams, including engineering, quality, and production, to ensure that sourcing decisions meet technical and quality requirements.
- Monitor market trends, global supply chain dynamics, and geopolitical factors affecting the automotive industry to proactively manage risks and opportunities.
- Conduct periodic business reviews with vendors to address open issues and opportunities.
- Evaluate and monitor contract performance to ensure compliance with contractual obligations.
EDUCATION:
Bachelor’s degree in business (Materials Management, Supply Chain or Engineering required)
SKILLS & EXPERIENCE:
- Minimum of 3-5 years' experience in Purchasing or related functions.
- Experienced in development of source selection criteria, source selection and negotiation of direct material commodities.
- Experience with any of the following commodities is strongly preferred: steel, tubing and stampings/fabricated assemblies.
- Ability to read and interpret drawings and technical documents.
- Strong spreadsheet analytic skills with experience managing large data sets.
- Analytical abilities necessary to plan and prioritize own work, complete work on schedule and maintain required records and logs.
- Flexibility to handle changing situations and assignments.
- Strong communication and interpersonal skills to present information, respond to questions and exchange information with internal team members of varying levels and suppliers.
- Knowledge and understanding of applicable regulatory requirements, such as OSHA standards, TS16949 and ISO 14001 policies and procedures.
- Travel locally and regionally as required (10%-15%).