Sr. Strategic Commodity Buyer (Bearings, Castings or Assemblies)

#1880 Senior Strategic Commodity Buyer (Assemblies, Castings, or Bearings)

About the Role

We are seeking a strategic sourcing professional to manage the procurement of key commodities including assemblies, castings, and bearings. This role will involve close collaboration with cross-functional teams to ensure the timely and cost-effective sourcing of materials, while upholding the highest standards in quality, delivery, and supplier performance.

Key Responsibilities

As a Senior Strategic Commodity Buyer, your duties will include:

• Leading the complete sourcing cycle, including RFQ/RFI issuance, technical evaluations, and securing approval for new business awards.
• Collaborating with cross-functional teams to drive optimal supplier selection.
• Performing market research to identify suppliers and solutions aligned with business requirements.
• Negotiating pricing and terms with external suppliers for both new and existing components.
• Creating and maintaining commodity strategies that support company-wide goals and regional needs.
• Tracking market trends and monitoring overall business conditions relevant to assigned commodities.
• Managing supplier issues related to pricing, delivery, and commercial performance.
• Ensuring adherence to global sourcing and procurement policies and procedures.
• Building and managing the annual material budget; conducting regular cost analysis and reporting.
• Partnering with suppliers and internal stakeholders to identify and implement cost-saving opportunities.
• Exploring and qualifying new suppliers to support evolving product requirements.
• Maintaining up-to-date pricing agreements in line with contractual and customer expectations.

Qualifications

• Minimum of 7 years experience in direct material sourcing within the automotive or manufacturing sector.
• Proven background in sourcing (5+ years) castings, bearings, or assembly-related commodities.
• Demonstrated ability to work independently and provide technical sourcing leadership.
• Strong negotiation and contract management skills.
• Excellent communication and interpersonal abilities.
• Highly organized with solid documentation and reporting capabilities.
• Proficient in Microsoft Office tools.
• Comfortable reading technical drawings and interpreting basic engineering documentation.
• Analytical mindset with a deep understanding of purchasing strategy and cost management.
• Willingness to travel up to 15%.

Education Requirements

• Bachelor s degree in Supply Chain Management, Business, Engineering, or a related field.