Purchasing Manager

Magna International - Holland, MI

Full-time - Mid Level

Holland, MI

Transportation Equipment Manufacturing

About the position

The Purchasing Manager will develop and provide operational strategic direction for the purchasing team at Magna Exteriors. This role involves preparing and maintaining yearly business plans and budgets, as well as developing, maintaining, and coordinating a quality supplier base. The Purchasing Manager will maintain a leadership role while working cross-functionally with division and group teams and suppliers. This position is responsible for leading, managing, and maintaining an appropriate level of staff within the Purchasing Department, ensuring that purchasing functions meet the company's objectives. Additionally, the Purchasing Manager will develop and implement purchasing policies, procedures, and practices that align with company and customer standards. Other duties may be performed as necessary to support business objectives.

Responsibilities

• Develop and implement purchasing strategies to optimize procurement processes and achieve cost savings.
• Manage direct and indirect procurement team, establishing clear objectives based on division and group targets.
• Identify and evaluate potential suppliers based on quality, price, delivery, and service.
• Support negotiation and finalization of contracts, terms, and pricing agreements with suppliers.
• Establish and maintain strong relationships with key suppliers to ensure consistency and reliability of supplies.
• Collaborate with internal stakeholders (such as production, logistics, and quality assurance) to understand procurement needs and ensure timely delivery and cost savings (VA/VE).
• Analyze market trends, track supplier performance, and identify opportunities for cost reduction and process improvements.
• Manage the procurement budget, track expenses, and report on savings and cost avoidance.
• Ensure compliance with company policies, procedures, and ethical standards in all procurement activities.
• Stay updated on industry trends, changes in regulations, and best practices in procurement management.
• Work with both Division and Group procurement organizations on communization efforts and reporting.
• Perform other duties as necessary in support of business objectives.

Requirements

• Bachelor's degree in business administration, supply chain management, or a related field preferred.
• Proven experience in purchasing or procurement, preferably in a managerial role.
• Strong negotiation and communication skills.
• Solid understanding of supply chain principles and procurement processes.
• Excellent analytical and problem-solving abilities.
• Ability to work in a fast-paced environment and manage multiple priorities.
• Knowledge of relevant legal and regulatory requirements.