Foundry Sourcing Commodity Manager
Found in: Talent US C2 - 2 weeks ago
The Allegro team is passionate about providing intelligent solutions that move the world toward a safer and more sustainable future. With more than 30 years of experience developing advanced semiconductor technology, innovation with purpose touches every aspect of our business. From customer engagement and employee recognition to technology advancement and serving the local communities in which we maintain offices, innovation consistently drives our mission and definition of success.
As part of our innovation, we recognize that our team members are unique and that our work locations must be adaptable. At Allegro we flex.& is our approach to hybrid work that empowers managers and their team members to decide where and when work will be done. Ask what& can mean for you.
SUMMARY
Foundry Sourcing Commodity Manager is responsible for deploying the mid- to long term strategic foundry sourcing plan, partnered with Operations, Finance, Technology Development, Quality, and Business Units. This position is also responsible for foundry partner relationship management, market trend interpretation, wafer market price, and co-chair the strategic business review (SBR) meetings with foundries.
RESPONSIBILITIES
Deploy a feasible mid- to long term wafer sourcing strategy to provide Allegro the best value solution and support the growth opportunity
Provide market, industry, and vendor information with intelligence to management for sourcing decisions
Develop the wafer market cost model, co-develop the internal end to end product costing model for New Product gross profit margin calculation
Co-Chair the Strategic Business Meetings (SBR’s) with foundries and the owner of the foundry score cards with other groups’ inputs
Lead cross-functional quarterly foundry steering committee meeting to ensure the strategic plan provides the most effective and efficient solutions for Allegro’s current and future needs
Foundry relationship management
Foundry contract/ capacity/pricing negotiation and ensure execution carried out as planned
Foundry capacity and performance management
Cost reduction initiatives and planning
Host and coordinate vendor visits
Translate strategic sourcing decisions into a win-win business plan with foundry partners.
ESSENTIAL REQUIREMENTS
5+ years of prior foundry sourcing experience or related work
BS degree in Engineering, MBA preferred
Ability to work with technical team on down selecting foundry partners and/ or technologies in the most efficient way with a long-term solution mindset
Ability to lead internal and external teams to develop and deliver the foundry strategic plan
Demonstrated interpersonal and organizational ability to drive and work with cross functional/ cultural organizations to achieve the common goals
Ability to turn technical information into business languages or vise versa to ensure cross-functional teams moving towards the common goal
Excellent communication and presentation skills
Strong analytical and negotiation skills required
Proficient in MS Office Suite applications
Business process improvement to efficiently improve Allegro’s profitability
Proactively manage potential business interruption to maximize Allegro’s revenue
Work with internal parties to maximize dual source capability with the least amount of effort where possible
Ability to write up executive summaries
DESIRED QUALIFICATIONS
Fab experience preferred
Automotive experience a plus
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