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Magna International · 1 day ago

Indirect Strategic Category Lead - Capital/ Equipment

Troy, MI

Full-time

Onsite

Senior Level

6+ years exp

Magna International is a leading company in the automotive industry, recognized for its innovative technologies and products. They are seeking an Indirect Strategic Category Lead to manage supplier relationships and oversee the procurement of capital equipment essential for manufacturing operations.

AutomotiveIndustrial EngineeringManufacturing

Responsibilities

Develop & implement global sourcing strategies for CapEx equipment to meet the company's operational & financial objectives

Conduct market analysis to identify potential suppliers and assess their capabilities

Lead cross-functional teams to evaluate and select suppliers based on quality, cost, delivery, and service

Establish and maintain strong relationships with key suppliers to ensure long-term partnerships

Monitor supplier performance and implement improvement plans as necessary

Conduct regular supplier audits to ensure compliance with company standards and requirements

Negotiate contracts, terms, and conditions with suppliers to secure the best possible terms for the company

Ensure all contracts are compliant with legal and regulatory requirements

Manage contract renewals and amendments as needed

Develop and manage the CapEx equipment budget, ensuring alignment with the company's financial goals

Identify cost-saving opportunities and implement initiatives to reduce procurement costs

Track and report on cost performance metrics

Lead and manage procurement projects from inception to completion, ensuring timely delivery of equipment

Coordinate with internal stakeholders, including engineering, manufacturing, and finance, to align procurement activities with project timelines and requirements

Mitigate risks and resolve issues that may impact project delivery

Identify and mitigate risks associated with the procurement of Capex equipment

Develop contingency plans to address potential supply chain disruptions

Stay informed about market trends, emerging technologies, and industry developments

Provide insights and recommendations to senior management based on market intelligence

Work closely with engineering, operations, finance, and other departments to understand their requirements and ensure alignment with procurement strategies

Lead cross-functional teams in the execution of sourcing projects and initiatives

Draft, review, and negotiate contracts with suppliers

Ensure all contracts comply with legal and regulatory requirements

Manage contract lifecycle, including renewals and amendments

Qualification

Strategic SourcingContract NegotiationSupplier ManagementProject ManagementProcurement SoftwareData Analysis ToolsLean ManufacturingCost ManagementBusiness AcumenExecutive PresenceContinuous ImprovementCommunication SkillsProblem SolvingTeam Leadership

Required

A Post-Secondary Degree in Purchasing, Supply Chain Management, or related field

Minimum 6 years in automotive and/or diversified manufacturing experience, with a focus on CapEx equipment

Minimum 4+ years of experience in leadership positions with a track record of progression

Demonstrated ability to work in and lead in a large matrix organization, work collaboratively with colleagues at all levels of the organization, and get results through others by building constructive, trusting relationships with internal partners and global supply base

Proven track record of developing and executing successful sourcing strategies

Strong negotiation, communication and contract management skills

Excellent project management, analytical and problem-solving abilities

Proficiency in procurement software and tools, as well as Microsoft Office

Must have demonstrated success in working with OEMs and Tier 1 suppliers in a complex, competitive automotive market

Broad functional experience in areas of strategic planning, materials, manufacturing, purchasing, supply chain management, logistics and cost reduction

Experience with total quality manufacturing management and continuous improvement

Ability to travel up to 25% on average including internationally as required

Very strong PC skills required along with knowledge and experience with data analysis tools such as Power BI and Microsoft Office (especially Excel)

Executive Presence

Effective communication and presentation skills