Commodity Buyer

Visteon Corporation


Date: 2 weeks ago
City: Chennai, Tamil Nadu
Contract type: Full time
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. Detailed description: Core Responsibilities

  • Strategy (Roadmap to support overall corporate objective)
  • Sourcing (time bound, early engagement, maximizing savings against G2 targets, CFT alignment)
  • YOY agreements / PPV (Aligned to global targets with key focus on VEI plant)
  • Supplier management (Quality, delivery and supply escalations, NPD support, plant requirements)
  • Contract management Strategy (SNL adherence, unexpected impacts, additional Opps)

Recurring Tasks

  • Achieve PPV, payment term, Inco term and cash management performance
  • Permanently challenging the supply base in terms of pricing and competition
  • Permanently observe the market for key innovators and challengers
  • Establish very good relationships with key suppliers

Organize strategic reviews with suppliers

  • Build and align supplier strategies with a cross functional team
  • Negotiate commercial supplier claims
  • Push critical thinking, challenge suppliers and stakeholders
  • Build a team which is capable to drive benchmark commercial performance
  • Very good understanding of technology and processes
  • Use of systems and IT tools to manage process complexity and adherence 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. Competitive Compensation and Benefits Visteon offers competitive salaries and benefits and an environment that encourages employees to achieve their career goals. About Visteon Visteon is advancing mobility through innovative technology solutions that enable a software-defined future. Our state-of-the-art product portfolio merges digital cockpit innovations, advanced displays, AI-enhanced software solutions, and integrated EV architecture solutions. With expertise spanning passenger vehicles, commercial transportation, and two-wheelers, Visteon partners with global automakers to create safer, cleaner, and more connected journeys. Headquartered in Van Buren Township, Michigan, Visteon operates in 17 countries, employing a global network of innovation centers and manufacturing facilities. In 2024, we recorded annual sales of approximately $3.87 billion and secured $6.1 billion in new business.

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