Sr Capital Buyer

## Sr Capital Buyer Apply locations:
Novi, Michigan, UStime type:
Full time posted on:
Posted 8 Days Agojob requisition :
R
** Job descriptions may display in multiple languages based on your language selection.**##
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* What we offer:

** At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.##

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** Group

Summary:

** Magna is an innovative leader in the development and manufacturing of high quality complete seating systems. Our solution includes seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities include market and consumer research; full concept development; design and engineering capabilities; testing, validation and world-class manufacturing. Our award-winning seating solutions are developed from consumer research, finding the ease of operation to be comfortable, convenient and connected.
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* Job Responsibilities:

** Independently manages the sourcing, procurement, and commercial activities associated with capital equipment, tooling, facilities, automation, and infrastructure investments in accordance with company policies and procedures. Supports engineering, manufacturing, operations, and program teams through strategic sourcing, supplier management, cost analysis, and project execution to achieve company objectives. Provides capital procurement expertise, recommendations, and direction to project teams. Generally completes the following duties and responsibilities with the support of purchasing management.

Essential Duties and Responsibilities
* Generally assigned to high-complexity capital equipment, tooling, automation, facilities, and infrastructure projects..
* Develops and utilizes knowledge of capital equipment markets, supplier capabilities, and cost structures to achieve cost reduction and investment optimization objectives through competitive sourcing, market testing, value analysis/value engineering (VA/VE), and total cost of ownership analysis..
* Develops sourcing strategies for capital expenditures (Cap Ex) and presents recommendations to management for approval.
* Leads commercial negotiations for capital equipment, tooling, facility expansions, automation systems, services, and installation contracts.
* Supports manufacturing, operations, facilities, and engineering teams with sourcing activities while ensuring alignment to approved project budgets, timing, technical requirements, and corporate purchasing strategies..
* Prepares bid analyses and sourcing recommendations based on cost, quality, technical capability, supplier capacity, project timing, and risk assessment.
* Evaluates supplier quotations, identifies cost-saving opportunities, challenges supplier assumptions, and negotiates competitive pricing and contractual terms.
* Establishes pricing and commercial agreements in a timely manner and maintains all required supporting documentation.
* Supports project teams during equipment design, specification development, supplier selection, equipment acceptance, and project implementation phases.
* Conducts supplier capability assessments, commercial evaluations, and capacity reviews for capital projects.
* Negotiates and manages engineering changes, scope modifications, and project-related commercial impacts throughout equipment installation and launch phases.
* Collaborates with engineering, manufacturing, maintenance, finance, operations, and project management personnel to ensure successful project execution.
* Supports capital appropriation requests by developing cost estimates, sourcing strategies, and supplier recommendations.
* Maintains accurate records of capital expenditures, supplier contracts, project savings, and investment approvals.
* Drives continuous improvement initiatives and cost reduction projects…