Procurement Manager

5 days ago


Kirkland, Washington, United States Monolithic Power Systems Full time
Job Description

Monolithic Power Systems, Inc. (MPS) is a leading company in the Semiconductor industry, known for its innovative products and commitment to sustainability.

This is a dynamic and hands-on managerial position, collaborating with Engineering, Operations, Sales/Marketing and other business stakeholders, to execute and optimize purchasing processes for all complex categories.

The Procurement Manager will collaborate with a global team to use Key Performance Indicators (KPIs) to monitor purchasing workflow efficiency, supplier performance, to identify opportunities for optimization, and negotiate for more favorable vendor contracts, payment terms and/or pricing.

Key Responsibilities
  • Align Purchasing Management Priorities with organizational goals, working closely with senior leadership to drive consensus.
  • Navigate Ambiguous Situations and bring clarity to problem-solving, emphasizing organization, workflow optimization, and project management.
  • Supervise and Optimize workflow of purchasing orders with suppliers to ensure process consistency and maximum efficiency.
  • Evaluate Supplier Performance using KPIs, maintain and update Approved Vendors List, identify opportunities for improvement, establish cost-saving plans/actions.
  • Negotiate Total Cost of Ownership (TCO) of long-term services in assigned purchasing categories.
  • Project-Manager and complement business stakeholders and legal in assigned complex category purchasing, applying strong communication and negotiation skills.
  • Develop Purchasing Staff through training, setting performance goals, and employee evaluations, to build up purchasing function, and create a Best-in-Class environment.
  • Manage and Update all policies and procedures for the Purchasing Department.
  • Other Duties as assigned.
Requirements
  • Bachelor's degree in business, supply chain, engineering, or a related field.
  • 8+ year's proven experience in purchasing, with 2+ years at supervisory role in the high-tech or manufacturing industry.
  • Thorough working knowledge of purchasing policies, processes and procedures.
  • Proficient in using workflow and procurement management software.
  • Demonstrated ability to assess processes and procedures for efficiency improvement.
  • Strong interpersonal skills, able to work independently and as part of a team.
  • Strong business negotiation, communication and project management skills.
  • Experience in procurement of electronics Engineering IP licensing is a plus.

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