Sr. Commodity Manager/Electronic Components

F5 Networks; United States; Remote; USD 125,000 - 188,000; Full time

Job summary

F5 Networks is looking for a Commodity Manager with extensive experience in procurement, specifically in semiconductor components. You'll be responsible for developing strategies to optimize costs and ensure timely deliveries while managing supplier relationships. This role demands strong negotiation skills and a thorough understanding of the electronics industry, making it essential for successful product introductions and maintaining a competitive edge.

Benefits

Incentive compensation

Bonus

Restricted stock units

Comprehensive benefits package

Qualifications

• Minimum of 12 years of experience as a commodity manager or similar role in electronics.
• At least 5 years managing semiconductor components.
• Highly skilled in Excel and PowerPoint.

Responsibilities

• Contribute to overall business procurement and supply chain strategy at F5.
• Develop commodity strategies and lead execution for semiconductor components.
• Negotiate contracts and agreements with suppliers.

Skills

Project management

Sourcing/RFx

Data analytics

Negotiations

New product introductions

Contracting

Supplier relationship management

Education

Bachelor’s degree in supply chain management, electrical engineering or related field

Tools

Excel

PowerPoint

Job description

At F5, we strive to bring a better digital world to life. Our teams empower organizations across the globe to create, secure, and run applications that enhance how we experience our evolving digital world. We are passionate about cybersecurity, from protecting consumers from fraud to enabling companies to focus on innovation.

Everything we do centers around people. That means we obsess over how to make the lives of our customers, and their customers, better. And it means we prioritize a diverse F5 community where each individual can thrive.

Are you familiar with semiconductor industry and are experienced in sourcing semiconductor components? Come join our team at F5!

Primary Responsibilities

• Contribute to overall business procurement and supply chain strategy at F5
• Develop commodity strategies and lead cross-functional execution for semiconductor components leading to optimal cost, supply chain, quality and on-time deliveries;
• Lead RFx process for supplier selection supporting new product introductions;
• Manage cost updates throughout NPI development cycle and sustaining to ensure costs stay below target;
• Analyze market trends and data, develop strategy and pipeline to meet cost reduction goals;
• Drive supply chain risk mitigations though multi-sourcing and supplier relationship management
• Negotiate contracts and agreements with suppliers to ensure favorable terms and conditions.
• Manage strategic supplier relationship and host quarterly business reviews for strategic supplier performance management and on-going strategic alignment;
• Resolve issues and disputes related to commodity procurement and delivery.
• Prepare and present reports and recommendations on commodity management activities and outcomes.
• Stay updated on industry best practices, regulations, and standards.
• Responsible for upholding F5’s Business Code of Ethics and for promptly reporting violations of the Code or other company policies.
• Performs other related duties as assigned.

Knowledge, Skills and Abilities

• Project management
• Sourcing/RFx
• Data analytics
• Negotiations
• New product introductions
• Contracting
• Supplier relationship management

Qualifications

• Minimum of 12 years of experience as a commodity manager or a similar role in electronics product industry with at least 5 years managing semi-conductor components
• Hold a Bachelor’s degree in supply chain management, electrical engineering or a related field
• Experiences managing multiple semiconductor categories a strong plus
• Experiences working with global contract manufacturers a strong plus
• Highly skilled using Excel and Powerpoint
• Excellent analytical, communication, and negotiation skills.
• Ability to work under pressure and meet deadlines.
• Attention to detail and accuracy.
• Team player with strong interpersonal skills.

F5 Networks, Inc. is an equal opportunity employer and strongly supports diversity

The Job Description is intended to be a general representation of the responsibilities and requirements of the job. However, the description may not be all-inclusive, and responsibilities and requirements are subject to change.

The annual base pay for this position is: $125,139.00 - $187,709.00

F5 maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, geographic locations, and market conditions, as well as to reflect F5’s differing products, industries, and lines of business. The pay range referenced is as of the time of the job posting and is subject to change.

You may also be offered incentive compensation, bonus, restricted stock units, and benefits. More details about F5’s benefits can be found at the following link: https://www.f5.com/company/careers/benefits . F5 reserves the right to change or terminate any benefit plan without notice.

Please note that F5 only contacts candidates through F5 email address (ending with @f5.com) or auto email notification from Workday (ending with f5.com or @myworkday.com) .

Equal Employment Opportunity

It is the policy of F5 to provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of race, religion, color, national origin, sex, sexual orientation, gender identity or expression, age, sensory, physical, or mental disability, marital status, veteran or military status, genetic information, or any other classification protected by applicable local, state, or federal laws. This policy applies to all aspects of employment, including, but not limited to, hiring, job assignment, compensation, promotion, benefits, training, discipline, and termination. F5 offers a variety of reasonable accommodations for candidates. Requesting an accommodation is completely voluntary. F5 will assess the need for accommodations in the application process separately from those that may be needed to perform the job. Request by contacting [e-mail] .