Commodity Buyer - Automotive

Commodity buyer IMG

Opening with one of MNC's in Automotive Sector in Chennai Location.

Key Responsibilities :

Program :

- Develops and execute negotiation strategies to deliver Program targets on tooling and piece price.

- Proactive planning of activities to meet/beat Matched Pair objectives.

TVM :

- Negotiate and achieve YOY / MYA cost reductions through development & utilization of analytical tools to deliver Best-In-Class pricing. Lead negotiations with regional suppliers and represent IMG in global negotiations

Supply-base Development :

- Lead / Support CFT in development of sustainable supply base with leadership in Quality, Delivery & costing

- Drive for the localization and cost saving for the affected markets to meet the market regulations

- Identification of High-risk suppliers and develop action plan to mitigate risk

Strategy Development :

- Effective participant in Global commodity meetings to bring value to IMG by leveraging global / regional programs with global suppliers to meet our both TVM and Program objectives

- Formulate Regional commodity strategy for near and long business term and effective infusion of the same in Global commodity business plan

Leadership potential :

- Be proactive & actively engage in group projects displaying we than I, team dynamics & behavior.

Area of professional exposure (functional/technical skills) :

1) Excellent research, data mining, analytical and problem solving skills

2) Extremely good Presentation & Communication skills (written and verbal)

3) Attitude to work in challenging environment & Attitude to improve is a must

4) Ability to understand cost drivers and achieve desired cost structures

5) Good Manufacturing Process knowledge of various commodities

6) Able to lead structured supplier meetings and drive desired outcomes

7) Be an excellent negotiator, drive creative solutions & self starter.

8) Keep up commitments on time; Be Proactive and question logically

9) Willing to learn / teach and share experience with team member

1) Comprehensive knowledge of various commodities

2) Automotive purchasing experience (plus)

3) Good Financial acumen - ability to read P&L & Balance sheets . Good in Supplier risk Management strategies, exposure to value stream mapping & logistics.

4) Good supplier relationship management skills, break the barrier, out of box thinker & - makes things happen- cite instances.

- Strong leadership potential in a cross-functional multi-cultural organization.

- Integrity, commitment to delivery, ability to prioritize and juggle conflicting priorities, team work, effective consultation & relationship building skills.

Functional skills :

- Mfg Process knowledge, Negotiation, Project Management and GPDS skills

- Implement 7 truths & Embrace "Partner to Win" through daily work.

- Able to work in IMG and manage relationships with regional supply base / Cross functional / JV team; Proficiency in below competencies