Commodity Buyer
2 weeks ago
**Job Title: Commodity Buyer**
**Location: Basildon, Essex / Hybrid / Minimal site attendance required**
**Hourly Rate: £20.71 Umbrella Co Basis - increasing to £28.21 Umbrella Co in week 13 of the contract under AWR (inside IR35)**
**Employment Type: Contract - initially approx. 12 months**
**Hours: Standard 37.5 Hours Per Week**
Position Description:
**Powertrain/Installation Commodity Buyer**
A great opportunity to work in commodity purchase with a supply base facing unprecedented levels of change with the move from internal combustion engines to EV/AV.
- Sourcing - Develop sourcing strategies looking at the transition from ICE to BEV to leverage best value outcomes for the business in value, quality, efficiency and capability with a financially stable & optimal supply base.
- Perform benchmarking activities such as market tests to create/maintain a world-class supply base and follow sourcing processes
- Complete sourcing documentation in line with program timing & cost targets
- Place production purchase / tool orders in line with purchasing procedure
- Ensure suppliers have sufficient installed capacity to support volumes Quality
- Monitor supplier quality performance versus company expectation (working with Supplier Technical Assistance)
- Cost - Drive supplier performance to deliver non-design / design annual part cost reduction targets
- Lead cost recovery actions (e.g. warranty claims, supplier overpayments etc.)
- Manage Cost & Design Targets with cross functional team
- Work with Cost Estimating to identify commercial opportunities based on supplier part cost breakdowns and Optimal Cost Estimates (OCEs)
- Handle Raw Material negotiations & support distressed supplier management
**Skills Required**:
- Strong business and commercial acumen and excellent written and verbal abilities
- Demonstrable understanding of current challenges facing the automotive industry and the role of purchasing to support the business
- Excellent negotiation skills to drive cost reduction and protect supply
- Outstanding interpersonal skills including relationship building
- Experience of working in cross functional teams
- Excellent numerical and analytical data skills
- Fully competent with Microsoft Office Tools
- An ability to present competently
- An ability to travel on company business as required
- Strong organizational and project management skills; self-starter
**Experience Required**:
Strong experience required within a Purchasing setting, preferably automotive.
**Education Required**:
Degree qualified or equivalent experience required
**Additional Information**:
**THIS POSITION IS CONFIRMED INSIDE IR35**
Location: Hybrid / Minimal site attendance required
**Salary**: £20.71-£28.21 per hour
**Benefits**:
- On-site parking
Schedule:
- Monday to Friday
Work Location: Hybrid remote in BASILDON
Reference ID: CommodityBuyerCGF