Commodity Buyer
Company: Tenneco
Location: Plymouth
Posted on: April 22, 2024
Job Description:
Tenneco is one of the world's leading designer, manufacturers
and marketers of automotive products for original equipment and
aftermarket customers, with approximately 78.000 team members
working at more than 300 sites worldwide. Through our four business
groups, Motorparts, Ride Performance, Clean Air and Powertrain,
Tenneco is driving advancements in global mobility by delivering
technology solutions for diversified global markets, including
light vehicle, commercial truck, off-highway, industrial,
motorsport and the aftermarket.
Key responsibilities:
- Understand and effectively communicate to internal / external
stakeholders global business trends & drivers (technological,
market dynamics & business footprints)
- Segment and define supply base to support trends and
drivers
- Collect cost breakdowns from incumbent and potential new
suppliers to enlarge pricing structure knowledge and
visibility
- Develop and define commodity strategies to achieve corporate,
purchasing & BU goals / objectives
- Should include supply base rationalization, development & spend
management/segmentation for geographic considerations, Best Cost
Country (BCC), Localization objectives, BU/plant-specific needs,
new technologies, marketing/product strategies and cost management
goals
- Facilitate commodity strategy meetings to
cross-functional/cross-business audience
- Act as the Business Plan, forecast and strategic plan manager
for the BU
- Utilize commodity expertise and Commodity strategies to
create/update Business Plans and Strategic Plan Metrics: incl. Cost
reduction, interim negotiations, BCC objectives, supplier
performance objectives, advanced technology drivers
- Serve as single-point-of-contact for Plan development,
forecasts, and reconciliation.
- Provide recover mechanisms for cost drives, when necessary
- Develop Supplier Partnerships/Strategic Alliances as necessary
to support/enhance commodities strategies
- Serve as focal point for escalation of all supplier
relationship issues
- Drive supplier approval process
- Maintain supplier status relating to scorecards, business
drivers and developmental needs (where applicable)
- Manage/drive commodity review of projects for all relevant
commodity activities
- Manage ad hoc cross-functional teams (incl. BU and Purchasing
functions)
- Manage/drive supply base consolidation and rationalization to
increase negotiation leverage and efficiency
- Capitalize on all purchasing opportunities, future & current,
to create the highest leverage across commodities
- Set negotiation strategy and direction for commodity
negotiation settings, include appropriate team members
- Manage cost recovery, as necessary
- Drive cash flow improvements initiatives (payment terms
negotiations, consignment stock agreements, stock level
rationalization, shortening LT, etc.)
- As Contract Sponsor, negotiate, create, maintain & enforce all
commodity supplier contracts
- Maintain price tables and/or manage requisitions for pricing
related to commodity contracts/negotiations
- Determine contract turnover levels and related criteria for
approval. Store contracts according to Federal-Mogul Corporation
policy
- Coordinate with Corporation legal team to ensure contractual
obligations minimize risk to the Company
- Purchasing participant on Advanced Technology projects related
to commodities - negotiate upfront with supplier technology
partners to mitigate downstream risk
- Utilize Advanced Technology knowledge to set technological
direction for commodity strategies
- Able to accommodate BU/plant-specific and geographical
commodity requirements.
- Comply with the safety and environment requirements and
responsibilities.
Ideal candidate experience:
Skills and capabilities (leadership and/or functional):
- Possess knowledge of supply market trends and characteristics
(e.g., associations, trade publications and indexes, etc.)
- Excellent interpersonal and communication skills
- Proficient experience in the use of Microsoft Office Software,
with advanced level ability in the use of Excel & Power Point
- Fluent in English language, any other language skills will be a
plus
Qualifications/ certifications:
- Business School Degree / degree in engineering with knowledge
in Materials Management or Logistics. A Master Degree would be an
asset
- Minimum of 3-5 years' experience in Purchasing/Procurement and
/ or a Materials Management related field with a preference towards
high volume manufacturing related Non- Ferrous Metal, Chemical,
Resins, Fibers, Rubber, & Mineral industries
- Demonstrated background and proven experience with high level
supplier negotiations and materials management
An Equal Opportunity Employer. All qualified applicants will
receive consideration for employment without regard to race, color,
religion, sex, sexual orientation, gender identity, national
origin, or protected veteran status and will not be discriminated
against on the basis of disability.
Keywords: Tenneco, Canton , Commodity Buyer, Accounting, Auditing , Plymouth, Michigan
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