Toyota Job Hiring – Buying Analyst

Job Description:

Toyota’s Purchasing Department is looking for a passionate and highly-motivated Purchasing Analyst.

The primary responsibility of this role is to develop sourcing strategies, cost analysis / standards, and quality metrics to ensure Toyota maintains a sustainable competitive advantage through its North American supply chain.

Job Responsibilities:

  • Execute strategy and work closely with buyers on other commodities to ensure all targets, and due dates are met
  • Participate in early design work to optimize the part design / manufacturing environment through Value Engineering and Improvement.
  • Develop sourcing strategies, which result in supply base optimization
  • Establish & assess cost standards to reach a consistent, efficient approach to pricing, including timely payment issuance
  • Report accurately and timely to all project milestones including reporting out to top management on creation of target & achievement to such target, including identifying and negotiating all design changes
  • Negotiate with supplier partners for cost savings and avoidance utilizing competitive bench-marking of detailed cost elements and analysis of cost variance
  • Lead Annual Price Review activities with suppliers to promote deep understanding of cost drivers with a focus on Manufacturing Improvement.
  • Understand and analyze respective commodity market trends to ensure Toyota is using the right supplier candidates and technologies

Job Requirements:

  • Bachelor’s Degree or higher in Business, Business Management, Finance, Accounting, Economics, Engineering, or Supply Chain Management
  • Experience with gap analysis and identifying trends with large scale data sets
  • Working experience with Microsoft Power BI (including data importation, slicer manipulation, report creation and troubleshooting)
  • Proficiency with Microsoft Excel (including macros, pivot tables, VLOOKUP)
  • Professional experience in a direct buying role, including responsibility for analysis and negotiation of product and manufacturing cost
  • Professional experience in a direct buying role, including responsibility for analysis and negotiation of product and manufacturing cost of automotive commodities
  • Bachelor’s degree or higher or 5+ years of equivalent professional experience in a direct buying role, including responsibility for analysis and negotiation of product and manufacturing cost for $1M or more
  • Experience with RFQ (Request for Quotation) procurement system, including cost and supply base strategy analysis

Job Details:

Company:  Toyota

Vacancy Type:  Full Time

Job Location: Detroit, MI, US

Application Deadline: N/A

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