Strategic Sourcing Leader – Global Impact, Equity Eligible

Cadence Design Systems, Inc.; San Jose (CA); On-site; USD 144,000 - 268,000; Full time

Benefits offered by this job

Bonus & equity

401(k) with employer match

Employee stock purchase plan

Medical, dental, and vision coverage

Paid vacation and holidays

Job summary

Cadence Design Systems, Inc. in San Jose seeks a Strategic Sourcing Specialist to lead supply chain design, strategy and vendor governance for hardware verification. You will manage supplier relationships, negotiate contracts, oversee cost initiatives and deliver value while collaborating with executive leadership. This role emphasizes global sourcing, risk management and performance improvements.

Qualifications

• 15+ years of Supply Chain operational leadership experience.
• Rich experience in nurturing long, sustainable supplier relationships.
• Demonstrated ability to negotiate, manage risks, drive COGs down, and expand margins.
• Strong background in procurement, subcontracts, material planning, and inventory operations.
• Strong financial and P&L management skills aligned with business objectives.

Responsibilities

• Design and scale the overall supply chain to meet growing business demands, including sourcing strategy, cost management, and vendor governance.
• Develop and execute the sourcing strategy, eliminate supply chain risks, achieve operational performance, product quality, and customer satisfaction.
• Execute global strategic sourcing, including supplier selection, contract negotiation, and vendor management.
• Implement and oversee supply base cost management initiatives to drive value and maintain competitive advantage.
• Serve as a strategic advisor to executive management on procurement strategy, vendor risk, and cost optimization opportunities.

Skills

Supply chain leadership

Vendor management

Strategic sourcing

Cost optimization

Negotiation

Job description

Cadence Design Systems, Inc. in San Jose seeks a Strategic Sourcing Specialist to lead supply chain design, strategy and vendor governance for hardware verification. You will manage supplier relationships, negotiate contracts, oversee cost initiatives and deliver value while collaborating with executive leadership. This role emphasizes global sourcing, risk management and performance improvements.