Foundry Sourcing Commodity Manager
3 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
The Foundry Sourcing Commodity Manager at Allegro Microsystems orchestrates the development and implementation of strategic sourcing plans for foundries over the mid to long term. Collaborating closely with Operations, Finance, Technology Development, Quality, and Business Units, this role is pivotal in managing relationships with foundry partners, interpreting market trends, negotiating wafer pricing, and collaborating on Strategic Business Review (SBR) meetings.
WHAT YOU'LL DO
Formulate and execute a sustainable wafer sourcing strategy that aligns with Allegro's value proposition and growth goals.
Deliver actionable market, industry, and vendor insights to inform executive sourcing decisions.
Construct a comprehensive wafer market cost model and collaborate on an internal product costing model to project New Product gross profit margins.
Co-facilitate SBR meetings with foundry partners, synthesizing input from various groups to maintain and update foundry scorecards.
Spearhead quarterly cross-functional foundry steering committee meetings, ensuring strategic alignment with Allegro's immediate and long-term requirements.
Manage ongoing foundry partnerships, including contract negotiations, capacity planning, performance oversight, and pricing agreements.
Drive cost reduction strategies and forward planning initiatives.
Organize and host vendor visits, fostering strong supplier relationships.
Translate strategic sourcing decisions into mutually beneficial business plans with foundry partners.
ESSENTIAL REQUIREMENTS
Minimum of 5 years' experience in foundry sourcing or a related field.
Bachelor's degree in Engineering; an MBA is highly desirable.
Proven ability to collaborate with technical teams to select foundry partners and technologies, focusing on efficiency and long-term solutions.
Leadership skills to guide both internal and external teams in the development and execution of the foundry strategic plan.
Demonstrated capability to work with cross-functional and multicultural teams, driving towards unified goals.
Aptitude for translating technical details into business language and vice versa, ensuring cohesive cross-functional team progress.
Exceptional communication and presentation abilities.
Strong analytical and negotiation skills.
Proficiency in MS Office Suite.
Commitment to business process improvement and enhancing Allegro's profitability.
Proactive management of potential business disruptions to optimize revenue.
Experience in maximizing dual sourcing capabilities with minimal effort.
Competence in drafting executive summaries.
DESIRED QUALIFICATIONS
Previous experience in a semiconductor fabrication environment is preferred.
Automotive industry experience is advantageous.
#LI-DL1
At Allegro, we are committed to providing a harassment-free environment of mutual respect to fuel innovation through inclusive thought collaboration. Allegro is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, national origin, veteran status, parental status, or any other basis covered by appropriate law. Allegro makes hiring decisions based solely on qualifications, merit, and business needs at the time.
Eligible applicants must reside in a state where Allegro currently has an office location: This includes New Hampshire, Massachusetts, Texas, Oregon, and Michigan. Certain positions (such as field sales roles) may be exempt from this requirement.
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