Commodity Manager

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Date: May 24, 2024

Location: North Reading, MA, US

Company: Teradyne

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!




Teradyne is looking for talented people, who share our passion and drive, to join our team. Our customers are the world’s leading electronics companies and they depend on us to help them get quality products to market. At Teradyne, we ride the wave of technological innovation every day. It’s an exciting business! If being part of a global team is something that excites you, Teradyne maybe the place for you.  A challenging opportunity exists within our Operations team for a young professional with focus on supply chain management.

We are hiring for a Sr. Commodity Manager, this is an exciting opportunity within our Operations team for a professional with focus on supply chain management.

The Commodity Manager will be a key member of the Supply Base Management group with direct responsibility for managing the Supply base for electrical commodities. This role will lead supplier related initiatives including selection, qualification and on-going assessment as well as focus on the strategic approach to the commodity and supplier issues. The primary responsibility is ensuring that the supply of material from is supported through all phases of the Teradyne’s product life cycle. This position will require that relationships are established and maintained with key suppliers.

•    Manage a portfolio of suppliers.
•    Establish business models, maintain contractual requirements and foster relationships with all major suppliers 
•    Provide leadership and coordination in the management of supply base for product lines 
•    Develop and execute negotiation strategies· 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: 
o    Price/Cost - assure best cost structure and define cost reduction initiatives and metrics for all phases of the business: design, production, and repair 
o    Quality - Drive implementation of established supplier quality-related initiatives that include initial quality and long term MTBF goals for the supplier 
o    Agility & Flexibility - Implement supplier managed programs and other functional and company-wide process improvements to assure material availability and manage inventory levels. 
o    Technology Leadership – In conjunction with Engineering select and develop suppliers that provide technology leadership 
o    Relationship Management – Develop relationship with 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 
o    Global Support – Work with supply base to establish ability support all aspects of business for Teradyne and Teradyne Customer global locations.

Skills and Qualifications:
•    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 
•    Working Knowledge of ERP systems preferred Outstanding Excel and PowerPoint skills.  
•    Strong communication skills.  
•    Ability to travel from 0-10% per year.

•    BA/BS degree with Business / Operations focus, additional APICS or ISM certification desired, MBA a plus


Job Segment: Supply Chain Manager, Supply Chain, PLM, MBA, ERP, Operations, Management, Technology

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