Advanced Buyer

5 plus years of experience as an Advanced Buyer in a manufacturing environment

Venteon Finance is currently seeking an Advanced
Buyer for a leading manufacturing company located in the Detroit, MI area. The primary role of the Advanced Buyer is to lead program level sourcing activities using a commodity based approach, with clear ownership of commercial strategy, cost improvement, supplier selection and negotiations.

• Bachelor Degree in Business, Finance, Purchasing, Supply Chain Mgmt, Engineering or related business emphasis
• MBA or advanced degree is a plus
• 7+ years related work experience (Automotive Industry Tier 1 preferred)
• 5+ years in purchasing role
• Work experience in areas similar to ADAS, EV/HEV, HUD’s
• Basic Knowledge of APQP, PPAP and Supplier development
• Experience with analyzing cost breakdowns
• Proven level of negotiation acumen
• Experience preparing and presenting commodity reports & analysis to Senior Management levels.
• Expertise with RFQ processes and benchmarking costs

• Act as the purchasing representative on project teams, driving the sourcing of new components from the acquisition phase through APQP, industrialization, and launch.
• Manage the RFQ process for all sourcing activities, ensuring suppliers complete all required documentation and meet key requirements, at each RFQ stage.
• Coordinate the qualification of new suppliers and evaluate risks in the current supply base, working closely with Supplier Quality, Supply Chain, and Manufacturing to ensure a robust supply chain and implement contingency plans during the sourcing of new components.
• Collaborate with cross-functional teams, including Engineering, Purchase Costing Leader, Manufacturing, and Supplier Quality, on new product designs and the evaluation of potential technical partners.
• Responsible for developing and executing commodity strategies for the assigned commodity group, including negotiating, implementing, and managing supply agreements, optimizing sourcing, securing favorable terms, driving cost savings, and proactively managing commodity price fluctuations and associated risks.
• Manage and control Bill of Material (BOM) costs throughout each project stage, defining measures to close gaps to targets and tracking sourcing and cost savings KPIs .

If you are a high performer and would like to work for an equally high performing company and you think the above opportunity is appropriate for you, we invite you to apply to this job and email your resume to