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 workplace.
- Share knowle
📌 Commodity Buyer (Chennai)
🏢 Ford Motor
📍 Chennai
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