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    Job · 11958104

    Ford Motor Credit Company logo

    Commodity Buyer (Casting, Forging & Machining Components)

    Ford Motor Credit Company · Chennai · onsite · Posted 66d ago

    Not disclosed8–10 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    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

    • 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.

    Cost Management & Value Optimization

    • 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.

    Supplier Development & Risk Management

    • 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.

    Commodity Strategy

    • 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.

    Production Support

    • Ensure uninterrupted supply to support production requirements.
    • Resolve supplier and supply chain constraints that could impact operations.

    Leadership & Collaboration

    • 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.

    Qualifications

    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.

    Preferred Qualifications

    • 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 logo

    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

    Employee ratings

    10 reviews

    4.0/ 5

    Culture

    3.6

    Career growth

    2.7

    Work-life

    3.8

    Employees rate it well for

    Job Security44Company Culture40

    Find them on

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