Senior Manager, Strategic Sourcing and Procurement

About the role We are seeking a highly strategic and results-driven Senior Manager, Strategic Sourcing and Procurement to lead sourcing and supplier management initiatives including, but not limited to engineering, product development and technical operations. About the role We are seeking a highly strategic and results-driven Senior Manager, Strategic Sourcing and Procurement to lead sourcing and supplier management initiatives including, but not limited to engineering, product development and technical operations. Base salary range is $160,000 - $210,000 a year. The base salary offer will depend on factors such as education, experience, training, skills, qualifications, and location. This position is also eligible for a discretionary bonus, equity and a full range of medical and other benefits. Why Credo Purpose: We invest in what matters. From meaningful-future shaping projects to competitive compensation, we empower you to grow your career while making a lasting impact. People: Connection starts within. We collaborate, celebrate wins, and create an environment where everyone can do their best work. Possibilities: Our belief shapes what’s next. Our technology powers the most reliable and energy-efficient connections around the world – and our team powers new products and markets that come next. Qualifications Basic Qualifications Bachelor’s degree in Business, Supply Chain, Finance, or related field. 15+ years of progressive procurement, strategic sourcing, supply chain, or category management experience. Five years of leadership experience. Significant semiconductor industry experience supporting engineering, technical, manufacturing, R&D, technology, or product development organizations. Demonstrated success delivering measurable cost savings and negotiating complex agreements. Preferred Qualifications MBA or advanced degree. CPSM, CIPS, CPM, or equivalent certification. Experience with Coupa, NetSuite or other similar procurement systems. Responsibilities Supplier Management & Contract Management Build executive-level relationships with strategic suppliers and technology partners. Lead negotiations involving software, professional services, staffing, facilities, benefits, and other corporate services. Conduct supplier business reviews and drive continuous improvement initiatives. Partner with Legal to negotiate commercial terms, data privacy provisions, liability clauses, and risk management protections. Lead contract renewal and vendor consolidation initiatives. Develop supplier risk management and business continuity strategies. Strategic Sourcing & Category Management Develop and execute sourcing strategies aligned with Credo's growth objectives, technology roadmap, and financial goals. Build and lead a category management framework for engineering and technical spend categories. Lead competitive sourcing events, supplier selection activities, RFP/RFQ processes, and contract negotiations. Drive measurable cost savings, productivity improvements, and supplier-driven value creation initiatives. Establish sourcing governance, procurement policies, and spend management best practices. Develop multi-year sourcing roadmaps and category strategies that support business expansion. Engineering & Technology Procurement Partner closely with Engineering and Product Development teams to source and manage: EDA/CAD software and engineering applications. Cloud computing and development infrastructure. Semiconductor test equipment and laboratory systems. Product validation and reliability testing services. Engineering development hardware. Technical consulting and engineering services. Capital equipment supporting product development and qualification activities Align sourcing strategies with future technology requirements and product development plans. Evaluate total cost of ownership, supplier capabilities, technology differentiation, and supply risk when making sourcing decisions. Support engineering organizations in selecting suppliers that accelerate innovation while maintaining cost discipline. Procurement Operations & Governance Develop procurement policies, approval workflows, and sourcing governance standards. Improve spend visibility and reporting through analytics and procurement technologies. Partner with Finance on budgeting, forecasting, and spend management initiatives. Drive continuous improvement across procurement processes. Leadership & Business Partnership Partner with executive stakeholders to align procurement strategies with business objectives. Serve as the primary procurement advisor across corporate functions. Build, mentor, and develop team members to achieve individual, team, and organizational objectives. About Credo Credo's mission is to transform connectivity at scale through fast, reliable, and energy-efficient system solutions. Our high-speed copper and optical interconnect products deliver industry-leading power and performance at up to 1.6T to meet the ever-expanding data infrastructure demands of AI. Our product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, all leveraging the PILOT diagnostic and analytics software platform. Credo innovations enable our customers to connect the systems that connect the world. Credo is committed to creating an inclusive environment for all employees and welcome applicants from diverse backgrounds without regard to race, color, religion, gender, sex, gender identity, sexual orientation, pregnancy, marital status, national origin, ethnicity, genetic information, age, disability, veteran status, or any other legally protected basis. If you have a disability or special need that requires accommodation to navigate our website or complete the application process, email View email address on click.appcast.io. Salary 160000 - 210000 USD (yearly) #J-18808-Ljbffr