Magnet Commodity Manager developing global sourcing strategies for automotive magnets and overseeing supplier relationships. Ensuring compliance with ethical sourcing standards and managing supply chain risks and inventory.
Responsibilities
Develop and execute a global sourcing strategy for all magnet types and associated raw materials, with a strong focus on rare earth magnets for EV powertrains and other critical automotive applications.
Identify, evaluate, and qualify new and alternative suppliers globally to diversify the supply base and reduce dependency on single regions, particularly for rare earth magnets.
Negotiate complex contracts, pricing, and long-term agreements with magnet suppliers, ensuring competitive costs, high quality, and adherence to Ford's ethical sourcing and sustainability standards.
Monitor geopolitical developments and market trends impacting magnet supply, and proactively develop mitigation strategies.
Implement robust risk management strategies to address potential disruptions in the magnet supply chain.
Develop and manage contingency plans, including strategic stockpiling and alternative sourcing options.
Manage magnet inventory levels across Ford's global manufacturing and distribution network to minimize obsolescence and ensure just-in-time delivery models are supported.
Oversee logistics and transportation of magnet components, ensuring efficient and cost-effective delivery to production lines.
Partner closely with various engineering teams to understand future magnet requirements and influence design for manufacturability.
Collaborate with the Purchasing team to leverage Ford's global purchasing power and supplier relationships.
Establish and monitor key performance indicators for magnet suppliers and the overall magnet supply chain, driving continuous improvement in various metrics.
Requirements
Education: Bachelor's degree in Supply Chain Management, Engineering (Electrical, Mechanical, Materials Science), Business Administration, or a related field.
Experience: +7 years of progressive experience in global supply chain management, purchasing, or procurement within the automotive or a related high-volume manufacturing industry.
Demonstrated expertise in sourcing and managing specialized components, raw materials, or critical minerals, with a strong preference for direct experience with magnets or rare earth elements.
Proven track record of managing complex supplier relationships and negotiating significant contracts in a global context.
Experience navigating geopolitical risks and implementing supply chain resilience strategies.
Benefits
Immediate medical, dental, vision and prescription drug coverage
Flexible family care days, paid parental leave, new parent ramp-up programs, subsidized back-up child care and more
Family building benefits including adoption and surrogacy expense reimbursement, fertility treatments, and more
Vehicle discount program for employees and family members and management leases
Tuition assistance
Established and active employee resource groups
Paid time off for individual and team community service
A generous schedule of paid holidays, including the week between Christmas and New Year’s Day
Paid time off and the option to purchase additional vacation time.
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