ASIC Commodity Manager (Teradyne, MA)

We are the global test and automation specialists, powering next-generation technologies through sophisticated solutions. Behind every electronic device you use, Teradyne's test technology ensures your device works right the first time, every time! Our portfolio of automation solutions help manufacturers to develop and deliver products quickly, efficiently and cost-effectively. Together, Teradyne companies deliver manufacturing automation across industries and applications around the world!

We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive.

Our Purpose  

TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are supported to innovate and learn something new every day. 
 
We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Opportunity Overview

Commodity Manager

A challenging opportunity exists within our Operations team for a professional with focus on supply chain management.

The Senior Commodity Manager will be a key member of the Supply Base Management group with direct responsibility for influencing supplier selection during the development process and ensuring the supply of material and support from the supply base is delivered through all phases of the Teradyne’s product life cycle. This role will lead the supplier selection process, drive supplier related initiatives including large scale cost down projects, lead qualification and on-going assessment of the supply base as well as focus on the strategic approach to commodity and supplier issues. This position will identify, develop, and maintain technical and strategic relationships with key suppliers.

Essential Functions/Responsibilities

• Lead the component and supplier selection process for new products.
• Provide leadership and coordination in the management of supply base during the new product development process.
• Drive large scale cost reduction initiatives.
• Ensure supply base is aligned with company technology needs. Develop relationships with key vendors and maintain awareness of trends in wafer fabrication, wafer probe, packaging and production test.
• Establish and maintain appropriate inventory levels throughout the supply chain for ASICs and other Highly Critical IC’s.:
  • Wafer / Die Bank Level
  • Package / Test Level
  • Finished Goods
• Establish business models, maintain contractual requirements and foster relationships with critical suppliers.
• Develop and execute negotiation strategies.
• Manage a portfolio of critical suppliers. 
• Develop an understanding of critical commodities and the associated market conditions, industry trends, processes, suppliers, cost drivers, etc for definition and documentation of sourcing strategy and establishment of performance goals.
• Provide strategic leadership and management of suppliers to achieve best in class performance for the following key strategic initiatives:
  • Price/Cost - Assure best cost structure and define cost reduction initiatives and metrics for all phases of the business: design, production, and repair
  • Quality - Drive implementation of established supplier quality-related initiatives that include initial quality and long term MTBF goals for the supplier
  • Agility & Flexibility - Implement supplier managed programs and other functional and company-wide process improvements to assure material availability and manage inventory levels
  • Technology Leadership – In conjunction with Engineering select and develop suppliers that provide technology leadership.
• Develop relationships with key suppliers at all levels with the goal of delivering best in class performance.
• Establish goals and performance expectations with supply base. Write and award contracts where applicable to document agreements with suppliers.
• Work with supply base to establish ability support all aspects of business for Teradyne and Teradyne customer global locations.

All About You

We seek individuals who share our passion and determination. Our commitment to customer success drives us to go the extra mile. If you’re ready to join us in this mission, take a closer look at the minimum criteria for the position.

Basic Qualifications, Experience, & Skills:

• A Bachelor's degree or equivalent work experience.
• 5-10 years of sourcing experience in a manufacturing environment
• Demonstrated experience in contract negotiations and supplier selection/management
• Experience in purchase of technical commodities and implementation of best practices
• Experience with contract negotiation, including technology services and intellectual property.
• Specific understanding of ASIC development and manufacturing a plus.
• Experience working in a manufacturing environment a plus.
• Working Knowledge of ERP systems preferred
• Outstanding Excel and PowerPoint skills
• Travel is required and can vary from 5-15% per year

Teradyne offers a variety of robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more.  Please click here to see details. 

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