Strategic Sourcing Manager

Job Summary:

We are seeking a skilled Sourcing Strategy Manager to lead our procurement efforts and optimize our supply chain operations. The ideal candidate will have a strong background in semiconductor manufacturing and experience in developing sourcing strategies that align with business objectives.

Job Responsibilities:

Develop and Implement Sourcing Strategies

• Develop and execute comprehensive sourcing strategies aligned with company objectives, market dynamics, and technological trends in the semiconductor industry.
• Responsible to develop customer specific supplier and supply chain solutions.
• Define solutions for existing and new business opportunities.
• Understand customer’s product and future product road map to create value proposition concepts.
• Align with BU teams to launch value propositions projects.
• Define supplier strategies across multiple geographies.
• Assist BU in revenue generation through developing an in depth understanding of each BU’s specific business needs, translating those needs into tasks for the sourcing teams and developing differentiated supply chain solutions for the sector BU’s and customers.
• Develop, publicize, and deploy a cohesive sector-based strategy for sector specific products.
• Define a supply base that is valuable and effective for the sector.
• Direct RFQs to sector specific suppliers.
• Develop winning value propositions that add value for our customers.
• Maintain effective prioritization and delegation of sector-based initiatives.
• Project Management oversight of commodity project initiatives within the sector.
• Leverage the expertise of the Commodity Managers to define effective supplier solutions.

Technical Management

• Develop and maintain gap analysis for SMARTT/customer design requirements with supplier capabilities.
• Continuously monitor market trends, supplier performance, and industry developments to identify opportunities for cost reduction, process improvement, and innovation.
• Implement supplier performance management processes to track and evaluate supplier performance against key metrics, driving accountability and continuous improvement.
• Utilize sourcing teams to identify process inefficiencies/vendor capabilities.
• Drive the sourcing teams to carry out the necessary Supplier Development to fill process gaps and unique customer process challenges.
• Understand customer qualification requirements for new products and oversea execution through regional management.
• Facilitate resolution of supplier quality issues and escalations.
• Utilize resources to advise designers of lower-cost material or assembly approaches and sit it in on design reviews as required.
• Drive negotiations with suppliers to secure favorable terms, pricing, and contracts, while mitigating risks and ensuring compliance with quality and regulatory standards.

Cost Management

• Develop pricing strategies for production, design, and quoting activities.
• Provide the sector critical part numbers for inclusion in the quarterly negotiation cycle.
• Define, develop and make effective use of cost analysis tools.
• Help develop a quick RFQ process, based on segment knowledge and direct suppliers with accurate target pricing.
• Provide guidance on price trends.

Communication & Relationship Management

• Ensure open communication and exchange of team ideas.
• Lead cross-functional teams to identify, evaluate, and qualify suppliers for critical materials, components, equipment, and services, ensuring a robust and diversified supply chain.
• Promote vision, professionalism and a customer centric culture.
• Collaborate closely with internal stakeholders, including engineering, operations, finance, and quality assurance teams, to align sourcing strategies with production schedules, product requirements, and budgetary constraints.
• Establish and maintain strong relationships with key suppliers, fostering collaboration, transparency, and mutual trust to drive long-term value creation and innovation.

Stay informed about emerging technologies, market dynamics, and best practices in strategic sourcing and supply chain management, leveraging industry networks and professional associations to enhance knowledge and expertise.

May perform other duties and responsibilities as assigned.

Job Requirements:

• Bachelor's degree in supply chain management, engineering, business administration, or a related field.
• Minimum of 5 years of experience in strategic sourcing, supply chain management, or procurement roles within the semiconductor or related high-tech manufacturing industry.
• Strong understanding of semiconductor manufacturing processes, materials, equipment, and market dynamics.
• Proven track record of developing and executing successful sourcing strategies, driving cost savings, and enhancing supplier relationships in a dynamic and competitive environment.
• Excellent analytical, negotiation, and communication skills, with the ability to influence and collaborate effectively across functions and organizational levels.
• Demonstrated leadership experience, with the ability to lead cross-functional teams and drive results in a matrix organization.
• Proficiency in sourcing and procurement tools, ERP systems, and data analysis tools.
• Demonstrate a high level of competency in the knowledge of materials, tooling, and processing & hardware components and assemblies (both internally and externally with our customers)
• Demonstrated success in identifying and developing a common strategy around the customer and Business Unit needs within the sector.
• Strong ability to collaborate with peers in other areas and management to reach the best solution for the organization.
• Able to maximize the use of available resources to achieve the best results consistent with the sector objectives and strategy.
• Ability to read, analyse, interpret, and communicate regarding common scientific and/or technical journals, financial reports, and legal documents.
• Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
• Ability to tailor advanced quality tools training to all levels of the organization.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
• Ability to apply concepts of basic algebra and geometry.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.