New Product Planning Manager (Teradyne, North Reading, 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!

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

The New Product Planning Manager plays a critical role in enabling successful new product introductions by leading planning and procurement strategies from prototype through production release. This position partners across Engineering, Operations, Supply Chain, and global manufacturing teams to ensure material readiness, supplier alignment, and execution against program milestones. The role is central to building scalable planning processes, mitigating supply risk, and supporting operational excellence in complex PCBA and electro-mechanical environments.

Key Responsibilities

Leadership & Team Management

• Supervise, develop, and evaluate a team of New Product Planners and Buyers.
• Assign workloads, set priorities, and ensure alignment with program and organizational objectives.
• Provide coaching, performance feedback, and support professional development.

NPI Material Planning & Procurement

• Oversee planning and management of multi‑level Bills of Materials for complex electro‑mechanical and PCBA‑based products.
• Ensure timely material availability for prototype, pilot, and production builds.
• Direct procurement activities for prototype materials, including quoting, sourcing, and supplier engagement.
• Review and approve risk‑buy recommendations, lead‑time assessments, and inventory strategies.
• Coordinate closely with PCBA suppliers to ensure component readiness, manage long‑lead items, and mitigate allocation risks.

Cross‑Functional Collaboration

• Partner with Engineering to evaluate product structure, material requirements, and make‑versus‑buy decisions.
• Coordinate with Manufacturing—including PCBA assembly partners—to support build readiness and resolve material‑related issues.
• Provide regular updates to program senior management and leadership on material status, risks, and mitigation plans.

Supplier & Contract Manufacturer Management

• Manage relationships with global suppliers and contract manufacturers to support NPI material needs, including PCBA fabrication and assembly vendors.
• Oversee resolution of RMAs, rework, quality issues, and engineering change impacts.
• Support the transition of planning responsibilities to contract manufacturers as products mature.

Process & Systems Management

• Ensure accurate and timely release of work orders and material transactions within the MRP/ERP system.
• Identify and implement process improvements to enhance planning accuracy, communication, and operational efficiency.
• Maintain compliance with company policies, supply chain standards, and documentation requirements.

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.

• Bachelor’s degree in Supply Chain, Operations, Business, Engineering, or equivalent experience preferred.
• Overall 10+ years of experience.
• 5+ years of experience in material planning, procurement, or supply chain management in complex manufacturing or NPI environments.
• Hands-on experience with electro-mechanical products and PCBA manufacturing, including component-level planning and supplier coordination.
• Strong working knowledge of MRP/ERP systems and advanced Excel skills for data analysis and planning execution.
• Demonstrated ability to lead teams or cross-functional initiatives, with strong coaching, collaboration, and communication skills.
• Experience working with global suppliers, contract manufacturers, and engineering change processes is highly desirable.
• Ability to manage multiple priorities independently in a fast-paced, high-mix, low-volume environment.
• Familiarity with prototype builds, production transitions, and risk mitigation for long-lead materials preferred.
• Ability to travel up to 10%.

We are only considering candidates local to position location and are unable to provide relocation for this position.

This position is not eligible for visa sponsorship.

Compensation: The base salary range for this role is $138,900-$222,300. This range is a good faith estimate, and the amount of base salary will correspond with experience and skill set. This range can also fluctuate depending on demand and location.

Incentive Plan: This job is eligible for discretionary bonus(es) based on financial performance.

Benefits: 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.

#LI-JL2

ITAR Restriction: All candidates for this ITAR restricted position must be one of the following: US Citizen or U.S. Permanent Resident, Asylee, Refugee or otherwise lawfully admitted under an amnesty program.

The above listed position may involve access to export controlled technology and may be subject to export licensing requirements prior to employment.