Commodity Procurement Specialist

7 days ago


Reading, Pennsylvania, United States Teradyne Full time

Teradyne is seeking a seasoned professional to lead the management of its electrical commodities supply base. As a key member of the Operations team, this role will be responsible for developing and executing negotiation strategies to achieve best-in-class performance from suppliers.

Key Responsibilities:

  • Manage a portfolio of suppliers to ensure timely and cost-effective delivery of electrical commodities.
  • Establish business models and contractual requirements with major suppliers to foster strong relationships and drive performance.
  • Provide leadership and coordination in the management of the supply base for product lines, ensuring alignment with business objectives.
  • Develop and execute negotiation strategies to achieve best-in-class performance from suppliers, including price, quality, agility, and technology leadership.
  • Establish and maintain relationships with key suppliers to drive performance and ensure material availability.

Requirements:

  • 5-10 years of sourcing experience in a manufacturing environment.
  • Demonstrated experience in contract negotiations and supplier selection/management.
  • Working knowledge of ERP systems preferred.
  • Outstanding Excel and PowerPoint skills.
  • Strong communication skills.
  • Ability to travel up to 10% per year.

Education:

  • BA/BS degree with Business/Operations focus, additional APICS or ISM certification desired, MBA a plus.


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