• Perform all duties and promote themselves in a manner that reflects Formet Expectations and Formet’s Visions/Values through Magna’s Employee Charter.
• Follow and abide by all government, Legal, Magna and Formet rules and regulations.
• Contribute to continuous improvement and cost reduction activities.
• Establishes multiple sources to ensure continuous supply and availability of all production and maintenance materials, parts chemicals, tooling, MRO, capital equipment, protective equipment, office supplies and equipment, services and other items to satisfy the need of all departments in the organization.
• Develops and executes effective bidding, negotiation, and pricing strategies to provide Formet with the best value in the market place for the dollars spent, operating in a manner that meets the policies, ethical standards and audit requirements of Formet.
• Select and have available capable sources for Formet maintenance, installation and service contracts.
• Prepares and executes contracts according to Formet policies and procedures and in accordance with government regulations.
• Exercises ample expertise and flexibility to procure all emergency requirements in co-operation with requisitioning departments and others supporting segments in the organization to ensure project completion.
• Communicates effectively with requisitioning departments and arranges for proper and accurate information exchange between originator and vendor.
• Reconciles variances between Purchase Orders and Invoices (Price, Quantity, F.O.B. point, Terms of Payment)
• Reviews Trade Bulletins, conducts interviews, visits suppliers.
• Ensures purchase orders are entered in a timely manner.
• Understands and maintains the Purchasing requirements defined in TS16949.
• Conducts in co-operation with the Quality Department audits of applicable suppliers.
• Maintain vendor file, purchase price, price fluctuations and quality records.
• Work on projects, repots and contribute to various studies as required
• Resolve material claims with vendors.
• Train other employees as required.
• Perform other duties as designated.