Direct Procurement Sourcing Program Manager

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Job Description:

About the Job

Join Altera, a pioneer in programmable logic solutions, where innovation meets practicality. We empower system, semiconductor, and technology companies to rapidly and cost-effectively differentiate and excel in their markets. Our legacy of innovation is matched by our commitment to our clients, whom we serve through a robust distribution network and a dedicated sales force. Our portfolio spans programmable logic products, acceleration platforms, software, and IP, all designed to accelerate the pace of innovation.

What You Will Do

As a Direct Procurement Sourcing Program Manager you will have the opportunity to:

• Lead complex programs across engineering, supply chain and operations to deliver new technical capabilities, onboard new suppliers, or drive operational improvements in our global supply chain.

• Develop and execute commodity strategies, as well as drives supplier development through innovation and collaboration.

• Maintain advanced knowledge of industry and market dynamics, and knowledge of commodities to drive supply chain solutions ahead of Altera's needs.

• Leverage and apply strong understanding of contracting and negotiating, risk mitigation, and supplier relationship management to manage supplier relationships and provide sustainable cost, quality, availability, and technology solutions with adherence to procurement policies.

• Own relationships and coordinate purchasing activities with cross functional teams to acquire materials and services in a cost effective and timely manner.

• Ensure that the respective commodity meets the business demand and cost requirements necessary for Altera to develop great products/services for its customers.

• Work closely with partner teams and suppliers to define standard and custom product requirements, influence design decisions to meet desired product/service demand and fulfil the business objective.

• Work with partner teams to capture commodity requirements and understand how design can influence cost and give feedback.

• Conduct periodic executive reviews of commodity sourcing strategy in partnership with internal teams/customers to shape strategic business objectives and account investments through aligned roadmaps.

• Review and pivot sourcing strategy when required in response to changing market conditions and develops mitigation plans to ensure business continuity.

• Work closel with finance/legal to resolve disputes with suppliers/internal partners.

• Lead sustainability and regulatory compliance and ensure suppliers comply with Altera's business processes.

• Collaborate with internal & external stakeholders to drive supply chain optimization, understand affordability, set cost targets and define cost reduction roadmaps through detailed understanding of supplier's financial targets, business objectives, and margins.

Salary Range

Our compensation reflects the cost of labor within the US market. Actual salary may vary based on a number of factors including job location, job-related knowledge, skills, experiences, trainings, etc. We also offer incentive opportunities that reward employees based on individual and company performance.

$128.9k - $186.6k USD

Qualifications:

What We Want to See

• Bachelors in Engineering, Mathematics, Science, or other related fields and more than 10+ years of experience with semiconductor industry supply chain

• Demonstrated program management skills

• Savvy in Analytical Tools with Executive Presentation skills

• Ability to quickly assemble and analyze data and grasp customer requirements under time constraints in a changing environment

• Strong analytical skills with a high level of accuracy and attention to detail

• Communication/Presentation skills vital to present Altera to the suppliers

• Problem solving and project management skills

• Ability to work independently or with a cross-functional team

• Proficiency in MS Outlook, Excel, MS Word. SAP or Oracle experience preferred

• Demonstrated negotiation skills required

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