Commodity Manager

Teradyne's Defense & Aerospace Division delivers advanced, mission critical test solutions to military and aerospace customers worldwide. Our comprehensive portfolio supports the entire test lifecycle across factory, depot, and field environments, with continued growth driven by next-generation defense programs and modernization initiatives. We attract, develop, and retain a high-performance workforce made up of people from diverse backgrounds united by a shared commitment to excellence. We strive to foster a positive and inclusive work environment where our employees, and the communities around us, can 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 Overview As 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. Develop and manage supply base (domestic) for Electronic Components required across our test solutions. Experience with Defense and Aerospace technologies/ suppliers highly desirable. Work directly with local 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 You We 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 8-12 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, PCBAs. Experience working with ITAR, EAR, or export-controlled products, or regulated supply chains. 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 with Military and Aerospace electronics and subsystems. 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. Able to work a hybrid schedule - 3 days a week onsite in North Reading 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 sponsorship and requires ability to work with ITAR and export-controlled products and data. 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. Incentive Plan: This job is eligible for discretionary bonus(es) based on financial performance.