.Position: Buyer ILocation: Arden, NCAbout us: BorgWarner is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market.
We are a company of innovators and independent thinkers that brings together talented employees, meaningful work, and amazing technology in a unique environment.
At BorgWarner we constantly work towards our vision of a clean and energy-efficient world.Our Culture: We believe the health and safety of our employees are a top priority.
We care about our local communities and the global environment.
BorgWarner promotes and nurtures a diverse and inclusive environment, honors integrity, strives for excellence, commits to responsibility for our communities and the environment, and builds on the power of collaboration.Career Opportunities: We manage talent as seriously as we manage our businesses and encourage you to learn about our proud history, strong culture, technologies, and future vision.
We offer a strong local presence and interesting global opportunities.
Start your future with BorgWarner now!Pay & Benefits: All positions start at an above market pay rate for that position.
Benefits are also above market and include the below for all fulltime employees:Day 1 Medical Coverage with potential of no monthly premiumOnsite Health Clinic for employees and dependents (age 14 and over) at no costDental, Vision, Life, AD&D, and Disability CoverageTuition Reimbursement Program after 18 monthsRetirement Savings Plan (401k) with a matching programCompany paid holidays and vacation starting Day 1POSITION SUMMARY: This role requires a strategic approach to sourcing, supplier relationship management, and cost analysis to ensure the company's purchasing needs and cost savings metrics are met efficiently and economically.Key Responsibilities:Select, develop and manage supply base for existing production material.Maintain competitive pricing, with emphasis on cost reductions, quality and supplier delivery performance.Negotiate long-term agreements for series production components.Strategize the purchasing of automotive and industrial components locally and globally with support of the Global Commodity Managers.Plan, organize, track, and disseminate information related to production suppliers.Create/develop new cost reduction ideas YOY using Design for Value (DfV) techniques, VA/VE, Design for Manufacturing (DfM), Design for Assembly (DfA), lean concepts, etc.Meet or exceed metrics developed by corporate goals.Support the global commodity strategy and processes.Select suppliers through effective use of proven procurement skills in an automotive or non-automotive environment (market testing, supplier evaluations and risk assessments, etc.
).Reduce year over year (YOY) costs through aggressive negotiations, resourcing, market test, Value Analysis, Long Term Agreements (LTA), Business Incentives (BI), Annual Improvement Factor (AIF), as well as supplier bundling and/or dual sourcing