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Senior Procurement Manager for Semiconductor Components
2 months ago
At F5, we are committed to building a dynamic team that is focused on creating a better digital landscape. Our goal is to empower organizations globally to develop, secure, and manage applications that enhance the digital experience we all share. We prioritize cybersecurity, ensuring consumer protection while enabling companies to concentrate on innovation.
Position Overview
If you possess extensive knowledge in the semiconductor industry and have a solid history in sourcing semiconductor components, F5 welcomes you to consider joining our team.
Key Responsibilities
- Contribute to the overarching procurement and supply chain strategy at F5.
- Formulate commodity strategies for semiconductor components, focusing on cost efficiency, supply chain optimization, quality assurance, and timely deliveries.
- Lead the RFx process for supplier selection to facilitate new product introductions.
- Manage cost adjustments during new product introduction (NPI) development and beyond to keep expenses within target limits.
- Examine market trends and data to devise cost reduction strategies.
- Implement risk mitigation strategies in the supply chain through multi-sourcing and effective supplier relationship management.
- Negotiate supplier contracts to secure advantageous terms and conditions.
- Oversee strategic supplier partnerships and conduct regular performance evaluations and alignment discussions.
- Address and resolve challenges related to commodity procurement and delivery.
- Prepare and present reports on commodity management activities.
- Stay informed about industry best practices, regulations, and standards.
- Ensure adherence to F5's Business Code of Ethics and report any violations promptly.
- Perform additional duties as assigned.
- Strong project management capabilities.
- Experience in sourcing and RFx processes.
- Proficiency in data analytics.
- Exceptional negotiation skills.
- Understanding of new product introductions.
- Expertise in contract management.
- Supplier relationship management experience.
- A minimum of 12 years of experience as a commodity manager in the electronics sector, with at least 5 years focused on semiconductor components.
- Bachelor's degree in supply chain management, electrical engineering, or a related field.
- Experience managing multiple semiconductor categories and global contract manufacturers is advantageous.
- Proficient in Excel and PowerPoint.
- Excellent analytical, communication, and negotiation skills.
- Ability to thrive under pressure and meet deadlines.
- Detail-oriented with a focus on accuracy.
- A collaborative team player with strong interpersonal skills.
This job description provides a glimpse into the role's responsibilities and requirements but may not encompass all aspects, as these are subject to change. F5 is an equal opportunity employer that promotes a diverse and inclusive workplace where every individual can thrive.
Equal Employment Opportunity
F5 maintains a policy of providing equal employment opportunities to all employees and applicants without regard to race, religion, color, national origin, sex, sexual orientation, gender identity or expression, age, disability, marital status, veteran status, or any other classification protected by law.
