Xuhui District - Shanghai, CHN
3 days ago
Commodity Senior Buyer
At Visteon, the work we do is both relevant and recognized—not just by our organization, but by our peers, by industry-leading brands, and by millions of drivers around the world. That’s YOUR work. And, as a truly global technology leader in the mobility space, focused on building cross-functional AND cross-cultural teams, we connect you with people who help you grow. So here, whatever we do is not a job. It’s a mission. As a multi-billion-dollar leader of disruptive change in the industry, we are shaping the future, while enabling a cleaner environment. No other industry offers more fast-paced change and opportunity. We are in the midst of a mobility revolution that will completely change the way we interact with our vehicles, reduce the number of car accidents and fatalities, and make the world a cleaner place.  Visteon is at the epicenter of this mobility revolution. Two major trends in the automotive industry – the shift to electric vehicles and vehicles with autonomous safety technologies – have created unique opportunities for Visteon. We are the only automotive provider focused exclusively on cockpit electronics – the fastest-growing segment in the industry.  And our team is ready for YOU. To show the world what you can do. Mission of the Role: support market scouting for low cost suppliers development

Key Objectives of this Role:
1. Supplier Identification and Market Analysis
• Conduct market research to identify potential suppliers in low-cost regions.
• Analyze market trends, labor costs, and geopolitical factors affecting supplier viability.
• Utilize tools like trade databases, industry directories, and networking at trade shows to discover new suppliers.
• Work on strategic initiatives such as supplier development programs or joint process improvements.
• Maintain and update a database of vetted low-cost suppliers.
2. Cost Analysis
• Benchmark costs across different suppliers and regions to determine competitive pricing.
• Negotiate terms, including pricing, payment conditions, and delivery schedules, to secure optimal value.
3. Risk Management
• Assess and mitigate risks associated with low-cost suppliers, such as logistical challenges, quality issues, and geopolitical instability.
• Develop contingency plans for potential supply chain disruptions.
• Ensure compliance with trade regulations, customs, and import/export laws in both the sourcing country and the company's operational regions.
• Collaborate with internal stakeholders (engineering, quality, product line) to align supplier capabilities with business needs.

Key Year One Deliverables:

• Initial low cost Supplier Database established for Categories with continuous improvement
• Cost reduction plan through new supplier involvement activity

Technical Knowledge and Skills

• Bachelor or above degree in relevant field or equivalent job experience
• 7+ years of experience in automotive industry, functional of commodity purchasing, supply management and procurement
• Sound knowledge in the Automotive commodities, prefer experience in Electronics Components such as Electronic Mechanical & Mechanical parts
• Strong team work and result focus oriented
• Fluent in business English, and good presentation and writing skills More Good Reasons to Work for Visteon Focusing on the Future Our company strategy focuses on leading the evolution of automotive digital cockpits and safety solutions. This strategy is driven by constant innovation, and you will support our efforts through your role. We are recognized across the industry for innovation. We have a strong book of business that is expected to drive future growth, along with a customer base that includes almost every automotive manufacturer in the world. Company Culture Working at Visteon is a journey in which our employees can develop their strengths and advance their careers while making a difference globally. Join us and help change the world and how we interact with our vehicles. Visteon is where the best technical talent creates the future. Learn more about our culture here.   About Visteon   Visteon is a global technology company serving the mobility industry, dedicated to creating a more enjoyable, connected and safe driving experience. The company’s platforms leverage proven, scalable hardware and software solutions that enable the digital, electric, and autonomous evolution of our global automotive customers. Visteon products align with key industry trends and include digital instrument clusters, displays, Android-based infotainment systems, domain controllers, advanced driver assistance systems and battery management systems. The company is headquartered in Van Buren Township, Michigan, and has approximately 10,000 employees at more than 40 facilities in 18 countries. Visteon reported sales of approximately $2.8 billion and booked $5.1 billion of new business in 2021.Learn more at www.visteon.com. Follow Us For more information about our company, technologies and products, follow us on LinkedIn, Twitter, Facebook, YouTube and Instagram. You can also follow our careers-focused channels on Twitter and Facebook to keep up with our latest job postings and the great work our employees are doing.
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