Skills
What you’ll do
- Responsible for establishing & Driving Commercial Strategic commodity vision, evaluating supplier cost & managing relationship to drive projects to achieve goals of global cost efficiency.
- Determine cost targets during design & development phase, recommending cost effective solutions. Investigate and identify cost reduction opportunities. Ensure smooth and cost effective transition.
- Establish costing of products, production & assembly processes, tooling costs and review alternatives. Put forward recommendations for improvement. Use Zero based costing /cost breakdowns.
- Negotiate cost increase from suppliers related to RM , Process, Labor & other input cost to mitigate impact
- Utilize cost methodologies, appropriate tools & software models & packages to prepare and maintain reliable and accurate data. Contribute to cost monitoring and reporting systems and procedures and monitor trends
- Assess cost effectiveness of products & track actual costs relative to targets & report status on a regular basis to ensure costs are in line with forecasts.
- Research and analyze various commodities for function to price and price to cost evaluation.
- Continuously scan markets & global landscape to explore and evaluate strategic & cost-effective suppliers.
- Evaluate new suppliers considering their organization capabilities, Technology expertise, Production capabilities, Financial performance, customer orientation & Supply chain robustness.
- Works cross-functionally with Engineering, Sourcing, manufacturing, Procurement, finance, & product support
- Coordinate with finance/accounting for inventory, cost savings & cash flow management.
- Define & monitor metrics in line with AOP objectives relative to supplier cost performance, monitor against the expectations to ensure continuous improvement; then drives team to address and close gaps to meet objectives.
- Provide inputs to Commodity Sourcing strategy to deliver best cost targets.
- Supplier Performance Management through Score cards and other related parameters.
- Encourage and coordinate early supplier involvement on new product designs using the suppliers’ expertise to optimize cost and manufacturability.
The group you’ll be a part of
Commodity Management
The impact you’ll make
Plans and implements activities related to the timely, cost-effective procurement, inventory control, planning and quality control of production materials. Develops, implements, and maintains policies, procedures, and material control systems to reduce costs, streamline procedures, and implement solutions. Ensures the availability of materials in the supply chain, as scheduled, and the maintenance of inventory at minimum acceptable levels. Responsible for sourcing and supplying raw materials, utilities and outside services, as well coordinating global procurement efforts. Coordinates with finance/accounting on matters involving inventory carrying costs. Reviews and plans requirements for acceptable inventory. May assist with the establishment and maintenance of the production control system. May work with customers in auditing customer inventory levels and with internal and external vendors to comply with inventory policies. Selects, develops, and evaluates personnel to ensure the efficient operation of the function.
Who We’re Looking For
- Bachelor’s degree or equivalent with 15-20 years of management experience. An advanced degree preferred.
Preferred Qualifications
Our commitment
We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.Lam Research ("Lam" or the "Company") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non-discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.
Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.
