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Senior Category Manager, Plastics

Magna International
United Statesfull_timeVerifiedPosted 6 Mar 2024

About the role

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Job Number: 64979 
Group: Magna Corporate  
Division: Magna Services of America (Home Office) 
Job Type: Permanent/Regular 
Location: TROY 
Work Style: Hybrid 

 

About us

We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.

 

Forward. For all.

 

Group Summary

Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

 

About the Role

The Senior Category Manager, Plastics position is responsible for developing and implementing the regional supply base cost savings ideas and initiatives for divisions in region (covering sub-regions), ensuring that the ideas and initiatives are specific, fact-based, comprehensive, consistent, well-communicated and delivers superior financial returns and a competitive advantage to the business. This individual has primary responsibility for the supplier relationships and drives supplier selection, development, and overall supplier management. 

 

This role will be involved, to varying degrees, with all aspects of the strategic sourcing process, including project planning, specifications development, supply market research, supplier engagement, evaluation, selection, and new supplier implementation. Leads strategic sourcing activities for assigned sub-categories of spend, capturing savings through purchasing volume, leveraging, and negotiating price, working capital.

 

The ideal candidate must be comfortable working independently and, in a team, environment involving group representatives with no direct reporting line to the position. A strong ability to influence and convince stake holders is mandatory.
 

Your Responsibilities

  • Develop and implement procurement cost savings ideas and initiatives for Magna divisions in Canada, US, and Mexico for sourcing plastic, resin, paint (topcoat, powder, and e-coat) and all chemicals involved, rubber, adhesives, oil bases commodities and gases. 
  • Develop and maintain key Supplier relationships will all related Suppliers that manufacture metal components to continually improve the effectiveness of the supply chain.
  • Develop adequate and precise cost models and price breakdowns for each component that is manufactured with metals.
  • Provide fact-based understanding of bottom-line benefit of all decisions and opportunities.
  • Develop expertise in assigned spend categories and distribute learning in his/her network.
  • Responsible for supplier categorization (Strategic, Approved and Phase Out) on a L2(/L3) commodity basis and work with the divisional buyers to respect this framework in their daily business and awards of new programs.
  • Ensure compliance of internal controls as it relates to company policies and procedures
  • Lead cross-functional teams in design and execution of category sourcing strategies.
  • Coordinate all Supplier issues with applicable functional organizations.
  • In alignment with global best practices and guidelines, drive standardization of tools and processes linked to the sourcing & purchasing and /or lease of materials and services; conduct and manage the process for the evaluations of proposals, offers and bids.
  • Lead, manage, and negotiate contracts and supply agreements in support of overall goals and objectives.
  • Lead internal reviews of contracts with required functional areas such as Legal, Finance, etc.
  • Keep abreast of professional developments, meet with Suppliers to conduct regular business reviews, and stay updated on business and market conditions, industry trends identifying relevant opportunities and upcoming changes that may affect company and suppliers.
  • Identify, prioritize, and implement technical & commercial cost reduction and risk mitigation projects. 

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Company

Magna International

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