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.
Position summary: The Commodity Buyer will directly report to the Purchasing Manager and will act as the primary support for the Commodity/Purchasing Manager by preparing required documentation for supplier meetings and negotiations, presentations to management for sourcing events and project implementation. Annual spend will vary depending on commodity. Responsible for driving the process and analyses of Request for Quote (RFQ)/Request for Information (RFI).
Key responsibilities:
- Identify and develop new potential suppliers
- Support global commodity team and regional purchasing teams with Indian suppliers
- Identify and understand all key aspects of Indian supply base for direct material commodities Negotiate contracts
- Manage supply base for cost competitiveness, quality and delivery performance Provide input into annual operating plan savings and term improvement targets Develop cost models
- Lead business reviews with key suppliers
- Provide assistance to Commodity or Purchasing Managers for the development of commodity strategies, sourcing activities, and project implementation.
- Research materials and suppliers to develop an expertise related to the commodity supported. Prepare required documentation for supplier meetings or negotiations.
- Prepare presentations to management for sourcing selection.
- Attend meetings as required to support or represent Commodity or Purchasing Managers. Prepare and send RFQ/RFIs for commodity projects.
- Maintain consistent communication with suppliers to ensure RFQ timelines are met.
- Interface between suppliers and engineering/operations/marketing to answer any questions related to RFQ documents.
- Perform financial analysis of RFQ results to determine overall cost competitiveness. Make sourcing recommendations based upon RFI and RFQ results.
- Evaluate blocked invoices and resolve discrepancies related to price or quantity differences. Ensure invoice issues do not adversely affect supplier relationships.
- Identify opportunities to improve invoice process between supplier and Driv AP to reduce total number of blocked invoices.
- Other relative tasks as assigned.
Ideal candidate experience:
5-8 Years
Skills and capabilities (leadership and/or functional):
Analytical ability, fact-oriented,
Quick in understanding and problem solving
Qualifications/ certifications:
Bachelor's degree in engineering required (Mechanical, Automotive, Material engineering)
Minimum of 5 to 8 years of experience in Purchasing/Procurement and / or a Materials Management related field with a preference towards high volume manufacturing related industries.
Demonstrated background and proven experience with RFQ processes, data analysis and commodity support. Excellent interpersonal and communication skills.
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.
Tenneco Inc.
Nov 24, 2024