What we offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

At Formet, one of the largest manufacturing employers in Southwestern Ontario producing body and chassis components for assembly plants across North America, we take care of each other and live by the motto "One Team. One Formet."

About the Role

This position is responsible for establishing 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. The position level (Junior, Intermediate and Senior) is based on skills, abilities, experience and education.

Who we are looking for

• Minimum 2 years of purchasing experience required, preferably in automotive.
• Completion of post-secondary education, preferably in either Purchasing, Engineering, Business, or Materials Management.
• Possess or be actively working toward Advanced status in "Professional Programme" of SCMA/SCMAO or similar would be an asset.

Your Responsibilities

• 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.

Site Benefits

• Weekly pay via direct deposit
• Overtime (1.5x) after 44 hours worked
• Vacation entitlement
o 2 weeks of paid vacation (3 weeks after 3 years) + 4 company paid holidays + 2x ½ days = 15 days annually
o Option to bank your overtime to earn up to an extra 5 days of paid time off (approved in the same manner as vacation time) (27 hours x 1.5 = 40 hours)
• Skilled Trades referral bonus of $500 following successful hire of candidate
• Medical and Dental Benefits after 1 month of employment.
• Magna will contribute an amount equal to 3% of regular earnings every week to your retirement savings (MBC program)
• Profit sharing paid in the second quarter of every year (EEPPP Program)
• Matched GRRSP
• Company Paid Life Insurance and Accidental Death and Dismemberment (AD&D)
• Optional group Life Insurance and Critical Illness Insurance for self and spouse
• Safety Shoe, prescription Safety Glasses and Custom Molded Earplug allowance
• Company paid uniforms (if you choose to use)
• Company BBQ, Holiday Parties and Company Events
• Corporate Social Responsibility Initiatives - 6k for Water Walk, Support Local Charities (Hospice of Elgin, Adopt a Family (12 in total), STEGH), Children's Health Foundation and many more)
• Magna Service Award Program
• Roger's and Bell cellphone data plan available - as low as $50/month!
• Subsidized cafeteria with daily specials including hot vegetarian options - we are known for our amazing cafeteria! Free coffee, juice and tea
• Educational Assistance Program
• Employee Discounts: new vehicles, amusement parks, etc.
• Plant-Wide Continuous Improvement Program: 2022 bonus = $1810
• You get to work with a FANTASTIC Team! One Team, One Formet!

Your preferred qualifications

Accommodations for disabilities in relation to the job selection process are available upon request.

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.