Commodity Buyer (Casting, Forging & Machining Components)
Ford Motor Credit Company · Chennai · onsite · Posted 66d ago
Not disclosed8–10 yrsfulltimeSourced from
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About this role
The Senior Commodity Buyer is responsible for developing and executing commodity strategies that support program objectives, cost reduction goals, supplier performance improvements, and long-term business plans. This role works closely with suppliers and cross-functional stakeholders to ensure competitive sourcing, supply continuity, quality excellence, and sustainable cost performance.
Responsibilities
Strategic Sourcing & Program Support
Required Qualifications
Responsibilities
Strategic Sourcing & Program Support
- Develop and execute negotiation strategies to achieve program targets related to tooling and piece-price costs.
- Support program sourcing activities and deliver competitive commercial agreements.
- Partner with cross-functional teams to meet program milestones and business objectives.
- Lead supplier negotiations to achieve year-over-year cost reduction targets.
- Utilize cost analysis and benchmarking tools to drive best-in-class pricing.
- Identify and implement value engineering opportunities that improve total value across the supply chain.
- Support the development of a high-performing and sustainable supplier base.
- Monitor supplier performance in quality, delivery, and cost.
- Identify supply risks and implement mitigation plans.
- Drive localization and regional sourcing initiatives where appropriate.
- Participate in global commodity reviews and strategic planning activities.
- Develop and execute regional commodity strategies aligned with global business objectives.
- Leverage global sourcing opportunities to maximize value and competitiveness.
- Ensure uninterrupted supply to support production requirements.
- Resolve supplier and supply chain constraints that could impact operations.
- Influence and lead cross-functional teams within a global and multicultural environment.
- Share knowledge, mentor team members, and contribute to team development initiatives.
- Foster a culture of continuous improvement and process discipline.
Required Qualifications
- Bachelor's degree in Mechanical Engineering, Production Engineering, or a related engineering discipline.
- Minimum 8 years of experience in purchasing, sourcing, or commodity management.
- Experience managing suppliers within automotive manufacturing environments.
- Strong negotiation, analytical, and problem-solving skills.
- Excellent presentation and communication skills.
- Ability to manage multiple priorities and deliver results in a fast-paced environment.
- Automotive commodity buying experience.
- Manufacturing process expertise in casting, forging, and machining.
- Experience working with global suppliers and cross-functional teams.
- Knowledge of supplier risk management and cost modeling techniques.
- Project management experience.
Sourced from foundit
Skills
Automotive commodity buyingCost analysis and benchmarking toolsCost modeling techniquesLocalization and regional sourcingValue Engineeringnegotiation strategiesSupplier risk managementProject Management
About Ford Motor Credit Company

Ford Motor Credit Company
Financial Services
29.9k+
employees
1959
67 years old
Dearborn
United States
₹6.6L PA avg
Avg at Ford Motor Credit Company
About
Provides automotive financing services globally, enabling the sale of Ford vehicles while supporting innovations in electrification and mobility.
Industries
Financial Services
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10 reviews
4.0/ 5
Culture
3.6
Career growth
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