Commodity Business Manager

About the Company

Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: 3D metrology spanning the chip from nanometer-scale transistors to micron-level die-interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain helps our customers solve their most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers’ critical path of progress by making them smarter, faster and more efficient.

Responsibilities

• Develop and implement Strategic Sourcing strategies for assigned Commodities, including:
  • Assess current and future requirements by mapping direct and indirect needs and collaborating with cross-functional teams such as engineering to understand the market and competitive landscape.
  • Serve as the subject matter expert for the commodity, identifying multiple potential suppliers who meet requirements and assessing their reliability, reputation, financial stability, production capacity, quality control, and operational capabilities.
  • Negotiate long-term contracts with selected suppliers, defining quality standards, delivery schedules, pricing, and business continuity planning.
• Manage schedule and task details using project management tools such as reports, tracking charts, checklists, and project scheduling software.
• Ensure all key suppliers have executed Supply Master Agreements and complete monthly scorecards.
• Verify that the supply base has the capacity to handle volume requirements, including surge demands.
• Manage long-term supplier partnerships by implementing development strategies that enhance capabilities, reduce costs, and shorten lead times.
• Engage key business stakeholders in Operations strategic planning, supplier development, and field service improvements.
• Lead the internal Onto Commodity Council with key stakeholders for assigned responsibilities.
• Drive strategic procurement initiatives to optimize supply, mitigate risk, improve quality, and reduce lead time and cost.
• Analyze and improve existing processes and communications with suppliers to enhance information flow.
• Provide oversight of procurement-related activities for directly responsible suppliers.
• Actively engage in the development and execution of Engineering Change Orders (ECOs) with the supply base and proactively manage sourcing strategies for end-of-life components.
• Ensure the supply base properly manages and executes Supplier Quality Actions, discrepant materials, return-to-vendor transactions, and repair/refurbishment (in or out of warranty).
• Coordinate and lead Quarterly Business Reviews (QBR) with key suppliers for assigned commodities.
• Develop short- and long-term strategies using market analysis, user requirements, and company objectives for assigned commodities.
• Apply quantitative techniques relevant to sourcing functions, such as TCO modeling, “should cost” analysis, RFP analysis, negotiation evaluation, and financial modeling.
• Identify make vs. buy opportunities and drive alignment with key stakeholders.
• Evaluate supplier performance and collaborate with supplier leadership to address sourcing issues.
• Ensure decision-making and prioritization processes are in place and utilized.
• Negotiate and formalize supplier agreements with knowledge of available contractual vehicles.
• Develop and implement a Sourcing/Operations strategy for New Product Introduction.
• Collaborate with the engineering team to understand requirements and communicate them cohesively to suppliers.
• Work with engineering to identify preliminary critical parts, long-lead parts, and inspection requirements.
• Assist and/or lead in developing supplier and commodity roadmaps for engineering.
• Utilize value analysis on build-to-print components to support Should Cost analysis.
• Ensure product lifecycle programs (PLC) meet material cost targets and Gross Margin targets; facilitate and maintain Cost Apportionment Models.
• Provide engineering and business process expertise to the team on complex programs/issues.

Requirements

• BA in business or other quantitative field, or comparable experience.
• Minimum of 10+ years of operational experience with at least 5 years in a successful Supply Chain management role.
• Good working knowledge of ERP systems and an understanding of the roles of Master Scheduling, Material Planning, and Procurement.
• Ability to establish relationships and trust within the organization and the supply base.
• Effective communication skills to articulate business needs, plans, and status updates.
• Highly motivated self-starter with a drive for results and the ability to deal with ambiguity.
• Outstanding quantitative skills and strategic thinking.
• Innovative mindset with strong negotiating skills.
• Excellent oral and written communication skills.
• Strong work commitment and high stress tolerance.
• Change agent with organizational agility; knows how to get things done.
• Ability to prioritize work and negotiate internally to reset timelines based on changing priorities.

Benefits

• Competitive salaries and a comprehensive benefits package, including health, dental, and vision coverage.
• Life and disability insurance.
• Paid Time Off (PTO).
• 401(k) with employer match.
• Employee Stock Purchase Program (ESPP).
• Wellness initiatives.
• Collaborative and inclusive culture where contributions are valued and recognized.

Pay

Base Salary Range: $144,000.00 - $216,000.00, offered in good faith and based on experience, location, and qualifications.

Additional rewards include annual bonus opportunities and potential long-term incentives tied to both company and individual success.