Commodity Buyer
6 months ago
At Visteon, the work we do is both relevant and recognized —not just by our organization, but by our peers, by industry-leading brands, and by millions of drivers around the world. That’s YOUR work.
And, as a truly global technology leader in the mobility space, focused on building cross-functional AND cross-cultural teams, we connect you with people who help you grow.
So here, whatever we do is not a job. It’s a mission. As a multi-billion-dollar leader of disruptive change in the industry, we are shaping the future, while enabling a cleaner environment. No other industry offers more fast-paced change and opportunity. We are in the midst of a mobility revolution that will completely change the way we interact with our vehicles, reduce the number of car accidents and fatalities, and make the world a cleaner place.
Visteon is at the epicenter of this mobility revolution.
Two major trends in the automotive industry – the shift to electric vehicles and vehicles with autonomous safety technologies – have created unique opportunities for Visteon. We are the only automotive provider focused exclusively on cockpit electronics – the fastest-growing segment in the industry.
And our team is ready for YOU. To show the world what you can do.
Detailed description:
Commodity Buyer
Electrical Supplier Relationship Management
Be a Part of the Technology Revolution
There has never been a more exciting time to be part of a cockpit electronics and electrification technology company like Visteon. The mobility industry is transforming how we interact with our vehicles to make the driving experience more enjoyable, connected, and safe.
Technology is at the heart of that transformation and is fueling the digital, electric, and autonomous evolution of our global automotive customers. Our core products align with key industry trends and include digital instrument clusters, displays, Android-based infotainment systems, domain controllers, advanced driver assistance systems and wireless battery management systems for electric vehicles.
Mission of the Role: As a commodity buyer, you are responsible for bottom-up cost calculations of externally produced direct materials across all sites. This function will be enhanced based on continuous market data evaluations of early RFQ involvement as a member of global program development teams, meeting technical specification compliance and ensuring compliance to Visteon terms and conditions within overall procurement strategy. Scope: Focusing on calculating direct material from external market at an ensuring effective cost and quality. Driving this at a global level to ensure supply consistency to the business.
Key accountabilities / How You Will Spend Your Days
Supplier commercial escalation and relationship owner
Commercial expertise in technology and supply capacity
Foster positive tension and competition between suppliers
SRM coaches’ suppliers to success, drives winning strategy
Supplier KPI / scorecard owner
Pursuit and global annual price negotiations
Supports sourcing board for their supplier
Contributing to early Program Team cost discussions based on cost calculations/market investigations.
Understanding technical background and ensuring supplier quotations meet customer/engineering specifications.
Performing reverse-cost-engineering calculations
Working with Cost-Data-Tool for pricing analysis.
Align the supplier strategy with commodity and feedback to the program teams
Challenge the supply base in terms of pricing and competition.
Challenge the program teams in terms of specification requirements and timing.
Engage with finance and sales in creating overall commercial transparency for business case analysis.
Establish first contacts with new suppliers including NDA alignment with legal department.
Contribute to YoY expectations in alignment with annual target expectations.
Strong alignment with Engineering, Sales, and Operations
Push critical thinking: Challenge suppliers and stakeholders
Key Performance Indicators
Contribute to annual corporate savings target.
Provide on time quotes for RFI/RFQ’s
Leverage IC cost model and identify achievement
Develop strong relationships with key cross functional stakeholders.
Key Year One Deliverables:
Learn Visteon, Suppliers, and technology. Become effective member of the global team
Understand and document product platform architectures.
Summarize commodity market outlook
Develop relationships with global stakeholders and key suppliers.
Take lead on global negotiations, grow experience and respect.
Report-out and present to Senior Management
Technical Knowledge and Skills
3 years of working experience (Cost-engineering/procurement) in a cross functional team organization.
Market knowledge of direct products in the commodity.
Proven track of negotiations (supplier/customer).
Supplier audit performance knowledge.
Passion for technology and investigation of undiscovered potential in design or supplier base.
Capability to stay focused and calm in a demanding business environment.
Strong communicator who is fluent in English (writing and speaking).
Key Leadership Behaviors
Ownership and Accountability
Inspire Change
Critical Thinking
Collaboration
Innovative
Market Insight
Visteon Culture: If you thrive in a fast-paced, organizational culture that requires agility, adaptability, and a growth mindset from its employees to thrive and stay ahead of the curve Visteon is the place. We value high performance and a drive for results. Innovation, risk-taking, and continuous learning help us keep up with the ever-changing landscape of our industry and be Market leaders. At Visteon, you can be more.
More Good Reasons to Work for Visteon Focusing on the Future
Our company strategy focuses on leading the evolution of automotive digital cockpits and safety solutions. This strategy is driven by constant innovation, and you will support our efforts through your role. We are recognized across the industry for innovation. We have a strong book of business that is expected to drive future growth, along with a customer base that includes almost every automotive manufacturer in the world.
Company Culture
Working at Visteon is a journey in which our employees can develop their strengths and advance their careers while making a difference globally. Join us and help change the world and how we interact with our vehicles. Visteon is where the best technical talent creates the future. Learn more about our culture
Competitive Compensation and Benefits
Visteon offers competitive salaries and benefits and an environment that encourages employees to achieve their career goals.
About Visteon
Visteon is a global technology company serving the mobility industry, dedicated to creating a more enjoyable, connected and safe driving experience. The company’s platforms leverage proven, scalable hardware and software solutions that enable the digital, electric, and autonomous evolution of our global automotive customers. Visteon products align with key industry trends and include digital instrument clusters, displays, Android-based infotainment systems, domain controllers, advanced driver assistance systems and battery management systems. The company is headquartered in Van Buren Township, Michigan, and has approximately 10,000 employees at more than 40 facilities in 18 countries. Visteon reported sales of approximately $2.8 billion and booked $5.1 billion of new business in 2021.Learn more at .
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