Commodity Buyer Job Description
Commodity Buyer Duties & Responsibilities
To write an effective commodity buyer job description, begin by listing detailed duties, responsibilities and expectations. We have included commodity buyer job description templates that you can modify and use.
Sample responsibilities for this position include:
Commodity Buyer Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commodity Buyer
List any licenses or certifications required by the position: CPM, APICS, CPIM, ASE, CIPS, APIC, ISO, TS
Education for Commodity Buyer
Typically a job would require a certain level of education.
Employers hiring for the commodity buyer job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Engineering, Business, Education, Supply Chain Management, Business/Administration, Technical, Management, Economics, Finance, MBA
Skills for Commodity Buyer
Desired skills for commodity buyer include:
Desired experience for commodity buyer includes:
Commodity Buyer Examples
Commodity Buyer Job Description
- Provide support and guidance to Materials Planners in executing their job responsibilities and improving their purchasing skills
- Strategic sourcing for Commodity Electromechanics
- Presentation of research, decisions, , as required, to next-level or executive management
- This position will also require some travel, globally or regionally depending on assigned supply base
- Be responsible for the designated commodities, to support the company growth and profitability, with right supply base of the right cost, quality, technology and service
- Support New Projects launches as needed
- Support to develop Commodity Strategies and ensure the implementation of the approved Strategies
- Support to develop New Suppliers to support new initiatives and continuous improvement
- Lead or support annual price/contract negotiations
- Lead or support Cost down & VAVE initiatives across China
- The Senior Commodity Specialist will ensure the fair treatment of our customers is at the heart of everything we do, both personally and as an organisation
- Experience sourcing Machining Fixtures & Dies for Stamping, Injection Molding and High Pressure Casting a plus
- Cost reduction on materials and related cost structures to ensure contribution to P&L (in line with BU SF SPL)
- Progress on market studies, saving, contract management, business review
- Respect of deadline committed
- Excellent organizational skills in order to establish priorities and set goals
Commodity Buyer Job Description
- Monitor and Manage the risks of supply base, supplier M&A, financial difficulties, lawsuits, capacity, people instability
- New facility launch support, including, but not limited to, supplier sourcing, contract negotiation, payment management, and engineering changes negotiations/management as needed
- New project supplier sourcing and engineering changes negotiations/management as needed
- Perform tasks related to debit memos, receipt reconciliation, material rejection reports, payables
- Implement Supplier Quality strategies
- Strategic sourcing for Commodity Stamped Parts (for Braking and Steering Division)
- Identify proper sources for components by optimizing prices, terms and conditions for all new products introduced by the MDSS (global database with the terms negotiated global) or clients
- Implement global supply strategies from MDSS and the site’s sourcing and supply chain strategies
- Organize, systematize and optimize, by direct negociations with the suppliers, sourcing (purchase) data in the system for contracts, purchase orders, approved list of suppliers and business partners
- Measure and report price changes related to acquisitions and initiate action plans for mitigating price increases and maximizing cost reductions
- The Senior Commodity Specialist will have full responsibility for their Commodity area and for all aspect of Procurement in relation to their Commodity (identification of supplier, correct specification of the product as per user requirements, price negotiation, contract terms, ordering, maintenance/support contracts, inventory management and disposal)
- Provides strategic business leadership for assigned commodities with vision and tactics for the management of parts and suppliers for those commodities
- Creates strategic commodity management plans
- Bachelor’s degree/ Mechanical/Electrical Engineering, Materials Logistics Management (MLM), Supply Chain Management, Business Administration or equivalent
- Basic print reading and GD&T knowledge
- Strong negotiation, communication and analytical skills
Commodity Buyer Job Description
- Drive proactive quality improvement activities in supply chain
- Support customer teams and understand potential project changes
- Implement local work procedures including LPS plus, TS16949, and UBB
- Maintaining active communication with all Operational interfaces in review and delivery of compliant performance
- Manage and develop the supplier base for Packaging, using categorization, segmentation, evaluation, in order to establish the appropriate levels of relationship
- Manage networks for the Packaging area (direct purchasing, internal stakeholders, suppliers)
- The products you will be buying are as follows, tapes, caps, plastic, adhesive tapes & pads
- Identifies, defines and addresses problems that are not immediately evident, but typically not complex
- Negotiate and source machined components, weldments, engineering design services, COTS components, outside processing, fabricated assemblies, test processing equipment and miscellaneous tooling requirements as needed
- Identify and propose best value suppliers to the engineering team based on individual’s interpretation of requested parts/blueprints
- Ability to manage multiple tasks independently along with solid problem solving skills
- American Production Inventory Control Society (APIC’s) certification or Institute for Supply Management (ISM) certification preferred
- Expert management of any assigned material commodities
- Will consider a candidate with no automotive experience if they have a minimum of 5 years experience as Sr
- Minimum 3 years experience as a Program Buyer in an industrial environment
- Manufacturing and/or Automotive work experience highly preferred
Commodity Buyer Job Description
- Realize cost savings and supply base management goals
- Visit supplier’s facilities to assess ability, machines, and capacity
- Place quick turnaround purchase orders
- Execute to MRP Planning messages for Production parts
- Follow up with suppliers to meet committed delivery dates
- Provide regular feedback to suppliers to improve long term and short term performance
- Resolve purchase order discrepancies that lead to invoice blockages and late delivery
- Drive design for manufacturability reviews with support from Supplier Quality and Engineering
- The evaluation and negotiation of offers
- Negotiating the best conditions in terms of total cost of ownership and terms and conditions
- Bachelor’s Degree in business, chain management, or a related field required
- Substantial experience working with foreign currencies, customs, and duty rates
- Must be able to represent VCE professionally and effectively in all dealings with suppliers
- Minimum 3 years experience in a similar role, in an automotive environment
- Must be proficient with Microsoft office package
- Ability to function in a diverse, fast paced work environment
Commodity Buyer Job Description
- Setup the portfolio strategy in coordination with the Material Group Manager
- Identify and establish new suppliers or develop the existing supplier base
- Implement the Purchasing policy applied in your Family (target suppliers, strategic suppliers, contracts and framework agreements negotiated, etc .) and communicate this to requesting parties and order issuers
- Put the Suppliers in competition with one another, in line with the Family Policy and apply the Acquisition process
- Provide the information needed for Acquisition forecasts and related requirements, in order to improve the strategy and to ensure better globalisation
- Handle commercial disputes with Supplier
- Conducts analysis to determine if orders need to be placed to meet global procurement requirements
- Determines thresholds across the global warehouse network of a specific commodity(ies)
- Responsible for analyzing assigned part numbers and queue management
- Provides expertise on system and process improvement
- Three to five years experience with increasing responsibility in purchasing, quality, program management, or product design preferred
- Must have demonstrated computer skills, including use of Excel and Powerpoint
- C-TPAT
- Support the execution for Sourcing strategy at regional level, under the supervision and direction of global and regional category leaders and managers
- Bachelor’s degree (prefer course of study in Supply Chain Management, Engineering or other related field relevant to Purchasing)
- At least 5 years work experience in purchasing (the Automotive sector will be an advantage)