Semiconductor Manufacturing Commercial Sourcing Manager
Semiconductor Manufacturing Commercial Sourcing Manager
Bengaluru, KA, IN
Bengaluru, KA, IN
Job Responsibilities
- Strategic Sourcing Management:
- Develop and implement global sourcing strategies for semiconductor equipment, materials, spare parts, and services.
- Identify and secure reliable suppliers capable of supporting high-volume production at optimal cost, quality, and delivery timelines.
- Conduct market analysis to assess sourcing opportunities and potential risks, adjusting strategies accordingly.
- Contract Negotiation:
- Lead commercial negotiations with suppliers, ensuring the best possible terms for pricing, delivery schedules, and quality.
- Draft, review, and manage contracts and agreements in compliance with company policies and legal regulations.
- Cost Management and Optimization:
- Lead initiatives to reduce procurement costs without compromising quality, delivery, or operational efficiency.
- Collaborate with technical sourcing, finance team, and other stakeholders to align sourcing decisions with budgetary goals and financial forecasts.
- Continuously identify and implement cost-saving initiatives while ensuring the supply of high-quality materials.
- Perform cost analysis and benchmarking to ensure competitive pricing and overall value.
- Supplier Management:
- Identify, evaluate, and onboard new suppliers that meet the technical, cost, and quality requirements of the business.
- Maintain strong relationships with existing suppliers, ensuring ongoing collaboration for supply chain efficiency.
- Conduct supplier audits to ensure compliance with industry standards and company requirements.
- Cross-Functional Collaboration:
- Work closely with technical sourcing, IE (production), and logistics teams to ensure alignment between sourcing strategies and operational needs.
- Provide commercial guidance to technical sourcing and procurement teams on supplier management, contract negotiations, cost optimization, risk mitigation and potential alternative sourcing options.
- Supplier Performance & Continuous Improvement:
- Develop and implement supplier scorecards to monitor performance in terms of quality, cost, delivery, and innovation.
- Work with suppliers to identify continuous improvement opportunities and drive initiatives that enhance quality and reduce costs.
- Risk Management:
- Monitor and mitigate risks related to supplier performance, geopolitical issues, and supply chain disruptions.
- Develop contingency plans for critical materials and components to prevent production delays.
- Monitor market conditions and emerging trends to proactively address potential supply chain risks.
- Market Research
- Stay up to date with emerging technologies and trends in the market, including global economics cycle and semiconductor business trend.
- Attend industry conferences, trade shows, and supplier meetings to stay informed about the latest market trend and suppliers’ insight in semiconductor industry.
- Documentation and Compliance:
- Maintain comprehensive documentation of purchasing orders, contracts, and agreements.
- Ensure that all sourcing activities comply with industry standards, internal policies, and legal requirements
Qualification
- Bachelor’s degree in Supply Chain Management, Business, Engineering, or a related field (Master's degree or MBA preferred)
- Strong understanding of semiconductor manufacturing processes, materials, and supply chain dynamics.
- Proven track record in leading successful contract negotiations, supplier management, and cost-saving initiatives.
- Exceptional leadership, negotiation, and relationship-building skills.
- Proficiency in supply chain management software (e.g., SAP, Oracle) and advanced MS Office skills.
- Strong analytical skills with experience in cost analysis, financial modeling, and supplier performance tracking.
Experience
10+ years of experience in strategic sourcing, procurement, or supply chain management, with at least 5 years in a managerial role within the semiconductor or high-tech industry.
Additional Technical Requirements
Skills:
- Excellent negotiation, supplier management, and contract management skills.
- Strong analytical and problem-solving abilities, with the ability to analyze cost structure data and drive sourcing decisions.
- Proficiency with ERP systems, supply chain management software, and data analysis tools.
- Excellent communication and collaboration skills to work effectively with cross-functional teams and suppliers.
Competencies
Job Responsibilities
- Strategic Sourcing Management:
- Develop and implement global sourcing strategies for semiconductor equipment, materials, spare parts, and services.
- Identify and secure reliable suppliers capable of supporting high-volume production at optimal cost, quality, and delivery timelines.
- Conduct market analysis to assess sourcing opportunities and potential risks, adjusting strategies accordingly.
- Contract Negotiation:
- Lead commercial negotiations with suppliers, ensuring the best possible terms for pricing, delivery schedules, and quality.
- Draft, review, and manage contracts and agreements in compliance with company policies and legal regulations.
- Cost Management and Optimization:
- Lead initiatives to reduce procurement costs without compromising quality, delivery, or operational efficiency.
- Collaborate with technical sourcing, finance team, and other stakeholders to align sourcing decisions with budgetary goals and financial forecasts.
- Continuously identify and implement cost-saving initiatives while ensuring the supply of high-quality materials.
- Perform cost analysis and benchmarking to ensure competitive pricing and overall value.
- Supplier Management:
- Identify, evaluate, and onboard new suppliers that meet the technical, cost, and quality requirements of the business.
- Maintain strong relationships with existing suppliers, ensuring ongoing collaboration for supply chain efficiency.
- Conduct supplier audits to ensure compliance with industry standards and company requirements.
- Cross-Functional Collaboration:
- Work closely with technical sourcing, IE (production), and logistics teams to ensure alignment between sourcing strategies and operational needs.
- Provide commercial guidance to technical sourcing and procurement teams on supplier management, contract negotiations, cost optimization, risk mitigation and potential alternative sourcing options.
- Supplier Performance & Continuous Improvement:
- Develop and implement supplier scorecards to monitor performance in terms of quality, cost, delivery, and innovation.
- Work with suppliers to identify continuous improvement opportunities and drive initiatives that enhance quality and reduce costs.
- Risk Management:
- Monitor and mitigate risks related to supplier performance, geopolitical issues, and supply chain disruptions.
- Develop contingency plans for critical materials and components to prevent production delays.
- Monitor market conditions and emerging trends to proactively address potential supply chain risks.
- Market Research
- Stay up to date with emerging technologies and trends in the market, including global economics cycle and semiconductor business trend.
- Attend industry conferences, trade shows, and supplier meetings to stay informed about the latest market trend and suppliers’ insight in semiconductor industry.
- Documentation and Compliance:
- Maintain comprehensive documentation of purchasing orders, contracts, and agreements.
- Ensure that all sourcing activities comply with industry standards, internal policies, and legal requirements
Qualification
- Bachelor’s degree in Supply Chain Management, Business, Engineering, or a related field (Master's degree or MBA preferred)
- Strong understanding of semiconductor manufacturing processes, materials, and supply chain dynamics.
- Proven track record in leading successful contract negotiations, supplier management, and cost-saving initiatives.
- Exceptional leadership, negotiation, and relationship-building skills.
- Proficiency in supply chain management software (e.g., SAP, Oracle) and advanced MS Office skills.
- Strong analytical skills with experience in cost analysis, financial modeling, and supplier performance tracking.
Experience
10+ years of experience in strategic sourcing, procurement, or supply chain management, with at least 5 years in a managerial role within the semiconductor or high-tech industry.
Additional Technical Requirements
Skills:
- Excellent negotiation, supplier management, and contract management skills.
- Strong analytical and problem-solving abilities, with the ability to analyze cost structure data and drive sourcing decisions.
- Proficiency with ERP systems, supply chain management software, and data analysis tools.
- Excellent communication and collaboration skills to work effectively with cross-functional teams and suppliers.
Competencies