Commodity Manager (Teradyne, North Reading, MA)
Teradyne · North Reading, MA · 3 wk ago
Purchasing$113k–$179k/yrFull-time
Roles & Responsibilities
- Develop and manage supply base (domestic and international) for Electronic Components required across our test solutions. Experience with optical photonics parts and technologies highly desirable.
- Work directly with global Engineering teams and key suppliers to develop and implement sourcing and cost management strategies that support existing platforms and new product development.
- Provide guidance to internal engineering customers on recommended suppliers to use.
- Negotiate purchasing/pricing contracts and MSA’s to ensure continuity of supply and protect Teradyne’s interests, and act as the supplier interface for all RFIs, RFPs, and RFQs.
- Monitor global industry trends, track technology roadmaps, and actively partner with the design teams to identify and mitigate supply and demand challenges.
- Partner with internal resources to drive urgent closure of any quality concern.
- Visit supplier facilities and accurately assess operational capability, financial health, and capacity in order to award contracts in support of new product development and long-term production.
- Conduct comprehensive supplier analysis, including strategic direction, capacity, market and industry position, and risk assessment.
- Manage costs to ensure alignment with program budget.
- Present value propositions to executives, including those related to contract awards, cost reviews, cost reduction strategies, and critical supply issues.
All About You
- Experienced individual with 10-15 years of progressive experience in Supply Chain / Strategic Sourcing / Electronics Manufacturing.
- College degree in supply chain management, business management, or Engineering field.
- Technical procurement or planning experience with Electronic Components, PCBs, and PCBAs.
- Experience in new product introduction (NPI) and mass production (MP).
- Experience reading technical drawings, data sheets, fabrication drawing, BOMs and all related files.
- Proven track record of taking ownership, successfully negotiating preferred pricing and driving results.
- Detail-oriented, self-motivated, and able to respond quickly in a fast-moving and ever-changing environment.
- Technical knowledge and experience in photonic components like VCSELs, Photodiodes, modulators, PICs (Photonic Integrated Circuits), Emitters, receivers, transceivers, Fiber & waveguides (highly desirable).
- Exceptional analytical, problem solving, and organizational skills (i.e. cost modeling, quotation analysis, capacity management).
- Able to multi-task activities, set priorities, and adhere to schedules in a fast-paced and demanding environment.
- Able to travel. Estimated 15-20% of the time as needed (including international travel).
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.
Compensation
The base salary range for this role is $112,700 - $179,400. 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.