Commodity Buyer - Automotive

About the role

Intangible Assets, LLC is hiring a Commodity Buyer – Automotive in Indianapolis, Indiana. The role is full-time and on-site in Greater Indianapolis. The company does not sponsor; candidates must be local.

This position is responsible for managing assigned commodity categories, including sourcing automotive components, negotiating pricing and terms, and executing purchase orders in alignment with company cost, quality, and delivery objectives. The Commodity Buyer will evaluate and select suppliers, maintain ongoing supplier relationships, and collaborate with engineering, production, and supply chain teams to support new product launches and continuous improvement initiatives. Daily activities include monitoring market trends, analyzing cost structures, resolving supply issues, and ensuring compliance with company policies and automotive industry standards.

You can email directly at nevine@theintangibleassets.com.

Responsibilities

• Manage assigned commodity categories, including sourcing automotive components, negotiating pricing and terms, and executing purchase orders in alignment with company cost, quality, and delivery objectives.
• Evaluate and select suppliers and maintain ongoing supplier relationships.
• Collaborate with engineering, production, and supply chain teams to support new product launches and continuous improvement initiatives.
• Monitor market trends, analyze cost structures, resolve supply issues, and ensure compliance with company policies and automotive industry standards.

Requirements

• Strong skills in Supplier Evaluation and Supplier Management, including assessing supplier performance, quality, cost, and delivery reliability.
• Proficiency in Purchasing and Procurement activities, such as RFQs, contract negotiation, and purchase order execution.
• Knowledge of Supply Chain Management principles, including inventory control, logistics coordination, and demand planning.
• Experience in automotive commodities or manufacturing environments, with familiarity in production processes and quality requirements.
• Ability to analyze data, manage cost reduction initiatives, and make informed decisions based on market and supplier performance trends.
• Effective communication and collaboration skills to work with cross-functional teams and external suppliers.
• Bachelor's degree in Supply Chain Management, Business, Engineering, or a related field; equivalent practical experience may be considered.
• Proficiency with ERP/MRP systems and standard office software; experience with automotive OEM or Tier 1 supplier systems is a plus.

Benefits

• 100% benefits paid.