Commodity Manager (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 Purpose TERADYNE, 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 OverviewAs a Commodity Manager and a member of the Teradyne’s Product Test Group Supply Chain team, you will manage the sourcing of electronics used on our test solutions. Our team moves quickly and you must too. Teradyne has the unique ability and desire to influence and shape suppliers to be better partners with us as we challenge our supply chain on technology road map, cost, quality, and speed of execution.Roles & ResponsibilitiesDevelop and manage supply base (domestic and international) for Electronic Components required across our test solutions. Experience with optical photonics parts and technologies highly desirable.Work directly with global Engineering teams and key suppliers to develop and implement sourcing and cost management strategies that support existing platforms and new product development.Provide guidance to internal engineering customers on recommended suppliers to use.Negotiate purchasing/pricing contracts and MSA’s to ensure continuity of supply and protect Teradyne’s interests, and acting as the supplier interface for all RFIs, RFPs, and RFQs.Monitor global industry trends, track technology roadmaps, and actively partner with the design teams to identify and mitigate supply and demand challenges.Partner with internal resources to drive urgent closure of any quality concern.Visit supplier facilities and accurately assess operational capability, financial health, and capacity in order to award contracts in support of new product development and long-term production.Conduct comprehensive supplier analysis, including strategic direction, capacity, market and industry position, and risk assessment.Manage costs to ensure alignment with program budget.Present value propositions to executives, including those related to contract awards, cost reviews, cost reduction strategies, and critical supply issues.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.Experienced individual with 10-15 years of progressive experience in Supply Chain / Strategic Sourcing / Electronics Manufacturing.College degree in supply chain management, business management, or Engineering field.Technical procurement or planning experience with Electronic Components, PCBs, and PCBAs.Experience in new product introduction (NPI) and mass production (MP).Experience reading technical drawings, data sheets, fabrication drawing, BOMs and all related files.Proven track record of taking ownership, successfully negotiating preferred pricing and driving results.Detail-oriented, self-motivated, and able to respond quickly in a fast-moving and ever-changing environment.Technical knowledge and experience in photonic components like VCSELs, Photodiodes, modulators, PICs (Photonic Integrated Circuits), Emitters, receivers, transceivers, Fiber & waveguides (highly desirable).Exceptional analytical, problem solving, and organizational skills (i.e. cost modeling, quotation analysis, capacity management).Ability to multi-task activities, set priorities, and adhere to schedules in a fast-paced and demanding environment.Able to travel. Estimated 15-20% of the time as needed (including international travel).We are only considering candidates local to position location and are unable to provide relocation for this position.This position is not eligible for visa sponsorshipBenefits: 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. Compensation:The base salary range for this role is $112,700 - $169,400. 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. #LI-SMTER