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Job Survey: Buyer

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Location: Detroit, MI
Company: Ford Motor Company
Experience: Entry-level
Highest Level of Education: MBA



Job Responsibilities
Operational buyer for $54M in transmission sealing primary responsibility is to ensure supply to plants and source new business 15% launching two new transmissions 5% negotiate pricing with suppliers 20% monitor supplier performance 10% develop commodity strategy 25% interface with internal functions - engineering, logistics, finance 25% processing paperwork and monitoring policies and procedures
Job Requirements
During my MBA access to classes was not an issue as most of our classes were preselected for us. Access for professors was good, got real life experience through applied project with Intel, quality of classes varied.
Uppers
In charge of $54 million commodity being part of one of the largest companies in the U.S. and developing exciting products, plus this is the last major manufacturing in the country being the central point of contact for some many functions working with a diverse group of people - age, cultures, backgrounds etc
Downers
Change is slow, so many policies and procedures to follow, lack of training and access to information limits job effectiveness, mis-aligned objectives across functions, transactional work vs. strategic.
Lifestyle
50 hours per week, travel once per month, holiday events and occasional lunches, business dress code, diversity in my area is high, but other areas like, engineering male dominated.
Compensation
$71,000, full cadre of benefits, flexible time, limited bonuses and 401(k) matching.
Advice to Jobseekers
Job outlook is high as more companies look to source overseas and pressure to lower costs, overall purchasing and supply chain management is a hot field right now.

This Buyer career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

Read all Vault Career Surveys for the inside scoop on specific jobs
Read Vault Employee Surveys for the inside scoop on specific employers
Read Vault Student/Alumni Surveys for the inside scoop on colleges and grad schools