Commodity Manager (IST Group)(Teradyne, North Reading, MA)

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.Our PurposeTERADYNE, 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.Opportunity Overview Teradyne’s Supply Base Management (SBM) group is hiring a Supply Chain Manager to support our fast-paced and dynamic Integrated System Test (IST) Group.In this role, you will ensure that our suppliers successfully deliver materials to our contract manufacturers. The Supply Chain Manager will establish and develop an AVL to support the unique technologies required to keep our products on the cutting edge of technology. In many occasions, the person in this role will personally own and deliver the solutions required. There is a degree of delegation in this role, however, a significant amount of work will be done by this individual. This is not a program management role. Experience is required.Technical background is a plus. Engineering talent interested in expanding into a commercial role, is not only acceptable, it is likely preferred.Responsibilities:Participate in New Product Development Make/Buy DecisionsWhen the decision is “buy” establish contractual agreements with the supplier and negotiate contractual terms that support both new product development needs and 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.Interface with SBM team to solve supply chain issues in new products.Collaborate with New Product Ops to get new IST products to market.Provide strategic management of suppliers to achieve best in class performance for key strategic initiatives.Assure best cost structure and define cost reduction initiatives and metrics for all phases of the business including design, production, and repair.All About YouWe 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.5+ years of Sourcing experience in a manufacturing environment, ideally 10+ years in an Operations roleDemonstrated experience in contract negotiations and supplier selection / managementExperience in purchasing technical commodities and implementation of best practicesExperience working with Engineering, Marketing and Leadership to make decisions and deliver solutions that supply long term production interests (Cost, Responsiveness and Business ContinuityStrong collaboration and communication skills; ability to influence cross‑functional teams and suppliersAbility to travel up to 15%, both domestic and international.We are only considering candidates local to position location or candidates who are willing to relocate at their own expense. We are unable to provide relocation for this position.This position is not eligible for visa sponsorship.Compensation:The base salary range for this role is $130,200-$186,800. 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. Please click here to see details.