Purchasing Agent jobs in United States
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Magna International · 18 hours ago

Purchasing Agent

Magna International is a leading company in the automotive technology sector, seeking a Purchasing Agent to join their team. The role involves compiling bid packages, managing supplier relationships, and leading negotiations to establish contracts while monitoring market conditions and supplier performance.

AutomotiveIndustrial EngineeringManufacturing
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Responsibilities

Together with appropriate departments, compile the Bid Package (description, specification, performance indicators, targets, drawings, designs, Terms and Conditions, etc.)RFQ, RFP, RFO
Prepare/Release Approved supplier List (Identify and manage potential and existing industry sources, facilitate relevant validations such as audits, background checks, site visits and supplier presentations)
Solicit bids and compile recommendations and conduct/participate the negotiation phase
Lead negotiations and conclude contract establishment (Master Purchase Orders) in a timely manner
Monitor performance delivery forecasts and takes action where required
Reconcile variances between Purchase Order and invoice
Perform other duties as required
Facilitate disputes between the Supplier and the organization
Monitor markets and forecast appropriate changes that affect pricing, delivery and quality, compile relevant actions and recommendations to minimize negative market conditions and capitalize on positive market trends
Identify and capitalize continuously cost savings opportunities
Identify, validate and introduce process and product innovation from the supply industry into the organization
Monitor Supplier Performance and take actions where required
Monitor changing market conditions and perceptions and introduce relevant actions in the organization (diversity, environmental policy, corporate citizenship, etc)
Fulfill special projects and campaign assignment tasks and duties as assigned from time to time

Qualification

Purchasing experienceSAPMathematical conceptsBachelor’s DegreeC.P.M. CertificationCPSM CertificationStatistical analysesProblem definitionCommunication skillsTeam leadership

Required

Bachelor's Degree (4 year degree) or Purchasing Certification Certificate of C.P.M. and/or CPSM as issued by the Institute of Supply Management (ISM)
Minimum of 5 years of purchasing experience and/or demonstrated knowledge with positive performance in the Automotive Industry
Proficient in computer systems, including Windows-based applications, Microsoft Outlook, SAP, and Microsoft Excel, with the ability to effectively manage data, reports, purchasing systems, and communications
Must be self-motivated, self-starting, and self-monitoring, ensuring the continuous supply and availability of all assigned production and maintenance materials, including parts, chemicals, tooling, MRO, capital equipment, protective equipment, office supplies and equipment, services, and other items required to meet the needs of all departments, in accordance with established organizational mandates
Reading, analyzing and interpreting general business periodicals, professional journals, technical procedures, and or governmental regulations
Writing reports, business correspondence, and RFQs, RFPs, and RFIs
Presenting information and responding to questions from groups of managers, clients, customers, and the general public
Leading discussions, public speaking, meetings, presentations and forums
Electronic Communication Means (telephone, e-mails, video conferencing, web conferencing, etc.)
Proficient in: Mathematical concepts
Concepts such as fractions, percentages, ratios and proportions
Standard Costing Techniques
Metric and imperial measurement systems
Ability to recognize purchasing opportunities
Ability to lead teams and manage business units
Ability to assist in training/mentoring
Ability to deal with several abstract and concrete variables

Benefits

Health Insurance (includes telemedicine, FSA, HSA, and other benefits)
Dental Insurance
Vision Insurance
401(k) with match
Employee Profit Sharing Plan
Employee Assistance Program
Tuition Reimbursement
Referral Program - Up to $1,000 per hired referral
Annual events (Summer cookout, Christmas party, etc.)

Company

Magna International

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Magna International is a mobility tech company and auto supplier that engages in body exteriors, structures, power, vision, and seating.

Funding

Current Stage
Public Company
Total Funding
$1.79B
2025-05-14Post Ipo Debt· $1.04B
2024-05-27Post Ipo Debt· $330.18M
2024-03-05Post Ipo Debt· $400M

Leadership Team

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Philip Fracassa
EVP & Chief Financial Officer
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Jorg Meinrich
Director Procurement & Supply Chain Magna Europe
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Company data provided by crunchbase