Apply locations Penang 15
time type Full time
posted on Posted Yesterday
job requisition id R-89
Develops and executes commodity strategies, as well as drives supplier development through innovation and collaboration.
Maintains advanced knowledge of industry and market dynamics, and knowledge of commodities to drive supply chain solutions ahead of Altera's needs.
Leverages and applies strong understanding of contracting and negotiating, risk mitigation, and supplier relationship management to manage supplier relationships and provide sustainable cost, quality, availability, and technology solutions with adherence to procurement policies.
Owns relationships and coordinates purchasing activities with cross functional teams to acquire materials and services in a cost effective and timely manner.
Ensures that the respective commodity meets the business demand and cost requirements necessary for Intel to develop great products/services for its customers.
Works closely with partner teams and suppliers to define standard and custom product requirements, influence design decisions to meet desired product/service demand and fulfil the business objective.
Works with partner teams to capture commodity requirements and understand how design can influence cost and give feedback.
Conducts periodic executive reviews of commodity sourcing strategy in partnership with internal teams/customers to shape strategic business objectives and account investments through aligned roadmaps.
Reviews and pivots sourcing strategy when required in response to changing market conditions and develops mitigation plans to ensure business continuity.
Works closely with finance/legal to resolve disputes with suppliers/internal partners.
Leads sustainability and regulatory compliance and ensures suppliers comply with Intel's business processes.
Collaborates with internal & external stakeholders to drive supply chain optimization, understand affordability, set cost targets and define cost reduction roadmaps through detailed understanding of supplier's financial targets, business objectives, and margins.
Bachelors in Engineering, Mathematics, or Science
Significant experience with semiconductor industry supply chain, including wafer foundry, OSAT, ODM or substrate manufacturers.
Savvy in Analytical Tools with Executive Presentation skills
Ability to quickly assemble and analyze data and grasp customer requirements under time constraints in a changing environment
Strong analytical skills with a high level of accuracy and attention to detail
Communication/Presentation skills vital to present Altera to the suppliers
Problem solving and project management skills
Ability to work independently or with a cross-functional team
Proficiency in MS Outlook, Excel, MS Word. SAP or Oracle experience preferred
Demonstrated negotiation skills required
Regular
Shift 1 (Malaysia)
Penang 15
All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.
Altera: Accelerating Innovators
Altera, an Intel Company, provides leadership programmable solutions that are easy-to-use and deploy in applications from cloud to edge, offering limitless AI possibilities. Our end-to-end broad portfolio of products including FPGAs, CPLDs, Intellectual Property, development tools, System on Modules, SmartNICs and IPUs provide the flexibility to accelerate innovation. Altera is helping to shape the future through pioneering innovation that unlocks extraordinary possibilities for everyone on the planet.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.