Purchasing Specialist

3 weeks ago


Newmarket, Ontario, Canada Magna Full time

About the Role

We are seeking a highly motivated Purchasing Specialist to join our team at Magna. As a key member of our procurement team, you will be responsible for establishing a workable bill of material and part delivery for multiple programs.

Your Responsibilities

  • Evaluate purchase orders requisitions from engineering and recommend suppliers for components required for the build.
  • Secure competitive quotes from suppliers and evaluate them against competitive quotes, surrogate parts, and history.
  • Maintain the Approved Supplier list, Supplier Surveys, and Supplier Performance Reports.
  • Prepare and maintain all necessary information for supplier selection and issue purchase orders as required.
  • Notify suppliers of new business and evaluate their supply base for capacity, quality, responsiveness, and competitiveness.
  • Maintain and update procedures, work instructions, and forms for Purchasing as required for ISO 9001:2015 and IATF 16949.
  • Report Purchasing issues, requirements, obstacles, and cost savings to management and the Program team.
  • Analyze piece cost and tool cost variances and negotiate pricing with suppliers.
  • Manage and reconcile issues of quality, timing, and cost/product changes between the Company and suppliers.
  • Prevent open commercial issues with suppliers and lead the resolution of commercial issues that arise.
  • Support Supplier Quality personnel in the resolution of component quality and overall continuous improvement of supplier performance.
  • Support Internal/External Audit efforts regarding ISO 9001:2015 and IATF 16949 Certification.
  • Ensure employees work in the manner consistent with the organization's established objectives and targets.

Your Qualifications

  • Bachelor's degree in Business Administration or a related field or equivalent education and experience.
  • Three years' experience in purchasing or procurement preferred.
  • Working knowledge of material conversion for production, including cost, timing, suitability, and feasibility of various materials, tooling, and manufacturing methods.
  • Ability to manage, negotiate cost and timing with suppliers.
  • Strong communication skills: verbal and written.
  • Strong technical, time management, organizational, and planning skills with attention to detail.
  • Ability to balance multiple priorities and work efficiently in a dynamic, fast-paced environment.
  • Proficient in MS Office, particularly Word and Excel.

What We Offer

  • Dental care
  • Disability insurance
  • Extended health care
  • Life insurance
  • On-site parking
  • RRSP match
  • Vision care

About Us

Magna is an innovative leader in the development and manufacturing of seating structures, foam, and trim, mechanisms, and complete seats for global automotive, heavy truck, and bus industries. We prioritize comfort, convenience, and connectivity in our seating solutions, developed from consumer research.

We believe that a diverse workforce is critical to our success. At Magna, we are proud to be an equal opportunity employer, hiring based on experience and qualifications, regardless of color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.



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