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Buyer - Service Contracts

$65k - $107.5k

Samsung Semiconductor

About Samsung Austin Semiconductor Samsung is a world leader in advanced semiconductor technology, founded on the belief that the pursuit of excellence creates a better world. At Samsung Austin Semiconductor, we are Innovating Today to Power the Devices of Tomorrow. Position Summary This position works within the Service Contracts team to manage vendor service contract negotiations for the Fab and the departments that provide direct support to Fab operations. It also manages annual service contract negotiations to include scope optimization, cost savings initiatives, and performance management. This role collaborates with internal stakeholders including Fab Engineering, Innovation, and Samsung HQ Procurement to ensure that customer needs are incorporated into all service contract scope negotiations. Additionally, it involves participation in setting strategy and the achievement of business goals in annual service contract agreement negotiations including selection of appropriate contract type, appropriate service level coverage, and service quality improvement. Furthermore, the role requires coordination with Finance and Legal teams to fulfill established service contract objectives, mitigate risks, and ensure compliance. Role and Responsibilities Negotiate service contracts according to deadlines and Samsung company goals, through direct negotiation with vendors Prepare goal and negotiation reports and secure alignment and approval Collaborate with internal stakeholders (including Fab Engineering, Finance, and Samsung HQ Procurement) to align needs of ultimate customer are captured in all contract negotiation Participate in setting strategy and achieving business goals in annual service contract agreement negotiations, including selection of appropriate service contract type; service contract service level coverage; performance based indices (when appropriate); and service quality improvement Coordinate with Finance and Legal directly to ensure service contract goals are met, as well as mitigate risk and ensure compliance Communicate negotiation strategy and results clearly through detailed report writing Track/manage KPIs, compile executive reports, and support overall vendor grading/management and improvement activities Skills and Qualifications Bachelor's degree in Business, Engineering, Supply Chain Management or a related field. Minimum of 3 years in service contract negotiations, specifically sole source. 4+ years of experience in procurement or supply chain management (Semiconductor experience a plus). CPM, CPSM or CPIM certification a plus. Proficiency in SAP or similar ERP system preferred. Total Rewards At Samsung Austin Semiconductor, base pay is just one part of our total compensation package. The base compensation for this role will depend on education, experience, skills, and location. The current base salary range for this role is between $65,000 - $107,500. Individual base pay rates will depend on factors including duties, work location, education, skills, qualifications, and experience. Total compensation for this position will include a competitive benefits package and may include participation in company incentive compensation programs, which are based on factors to include organizational and individual performance. We offer a comprehensive benefits package, including: Medical, dental, and vision insurance Life insurance and 401(k) matching with immediate vesting Onsite café(s) and workout facilities Paid maternity and paternity leave Paid time off (PTO) + 2 personal holidays and 10 regular holidays Wellness incentives and more Eligible full-time employees (salaried or hourly) may also receive MBO bonuses based on company, division, and individual performance. All positions at Samsung Austin Semiconductor are full-time on-site. U.S. Export Control Compliance This role may require access to information subject to U.S. export control laws. Applicants must be authorized to access such information or eligible for government authorization. Trade Secrets Notice By submitting an application, you agree not to disclose to Samsung—or encourage Samsung to use—any confidential or proprietary information (including trade secrets) belonging to a current or former employer or other entity. Legal and Diversity Information Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here. Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law. #J-18808-Ljbffr

Vacancy posted 2 days ago
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