Commodity Manager (Teradyne, North Reading, MA)

Commodity Manager

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!

We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive.

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.

The Commodity Manager will be a key member of the Supply Base Management group being assigned to support our fast paced and dynamic Integrated Systems Test Group. The Supply Chain Leader will be the SBM representative in the IST (Integrated System Test) Division and attend the IST Division level management meetings and will be involved in all New Product Designs from a Sourcing Perspective. This leader will also ensure that the supply successfully delivers the material to our contract manufactures and will be the commercial interface to the Contract Manufacturer. Further this leader will establish and develop an AVL to support the unique technologies required to keep our products on the cutting edge of technology.

This role is required to collaborate with and deliver solutions for the IST division. In many occasions this leader will personally own and deliver the solutions required. From source identification to negotiation through establishing the Master Supply Agreement. There is a degree of delegation in this role, however, a significant amount of the work will be done by this individual. This is not a program management role. Expertise is required.

Mid-career engineering talent interested in expanding into a commercial role, is not only acceptable, is likely preferred.

Responsibilities : Participate in New Product Development Make / Buy Decisions. When the decision is "buy" establish contractual agreements with the supplier and negotiate contractual terms that support both new product development needs but also long-term production needs such as cost reduction and continuity of supply. Develop and maintain an IST related AVL that supports the technology needs of the Division. Be the main interface into SBM to solve supply chain issues in new products. Will be the main counterpart with New Product Planning and Operations to get new IST products to market. Be the commercial interface to our contract manufacturer to administrate product pricing, PPV reconciliation and other business arrangements. Provide strategic leadership and management of suppliers to achieve best in class performance for the following key strategic initiatives : Price / Cost - assure best cost structure and define cost reduction initiatives and metrics for all phases of the business : design, production, and repair.

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.

Qualifications : BA / BS degree with Business / Operations focus, additional APICS or ISM certification desired, MBA a plus. Other related degrees are acceptable provided the candidate has a background in supply chain management. 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. Experience working with Engineering, Marketing and Divisional VP Level to make decisions and deliver solutions that supply long term production interests (Cost, Quality, Responsiveness and Business Continuity). Strong communication skills and executive presence. Ability to travel up to 20% of the time.

There is no international relocation available for this position. This position is not eligible for visa sponsorship.

Compensation : The base salary range for this role is $108,600-$173,800. 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.