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Lam Research
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Strategic Commodity Manager

Strategic Commodity Manager

Lam Research

4 - 8 years

13 - 18 Lacs

bengaluru

Posted:1 week ago| Platform:

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Skills Required

commodity management six sigma data analytics procurement presentation skills manufacturing supplier management powerpoint

Work Mode

Work from Office

Job Type

Full Time

Job Description

We are looking for a skilled Strategic Commodity Manager with 10 to 12 years of experience in commodity management within the engineering or manufacturing industry. The ideal candidate will have a strong background in managing industry suppliers and developing commodity strategies.

Roles and Responsibility

Develop and implement comprehensive supplier management strategies based on semiconductor technology landscapes and global business environments.
Manage supplier contract negotiations, analyze and formulate supplier performance metrics, and execute cost reduction strategies through negotiations and material cost reductions.
Establish strategic commodity vision, evaluate/sourcing suppliers, and manage supplier relationships to drive project goals.
Continuously scan markets and global landscape to explore and evaluate strategic suppliers.
Coordinate with finance/accounting for inventory, cost savings, and cash flow management.
Evaluate new suppliers considering their organizational capabilities, technology expertise, production capabilities, financial performance, customer orientation, and supply chain robustness.
Ensure suppliers have adequate capacity to support Lam demand as well as supply continuity risk management plans.
Represent on a cross-functional strategic commodity team that focuses on supply challenges and ensures internal/external customer needs are satisfied.
Work cross-functionally with product, manufacturing, and quality engineers as well as procurement, finance, and product support.
Define and monitor metrics in line with AOP objectives relative to supplier performance against these expectations to ensure continuous improvement; then drive the team to address and close gaps to meet objectives.
Regularly evaluate cost and quality performance benchmarks and associated risks associated with the preferred supply base selection.
Manage commodity spend by negotiating/mitigating price increases, planning and executing cost reduction strategies through negotiations, material cost reductions, alternate sourcing, and technology changes.
Support material availability escalations and coordinate with suppliers to ensure no line down, while also supporting quality escalations to ensure standards/processes for part/supplier compliance.
Manage contracts for ongoing and new business with suppliers, and perform data analysis and representation for sourcing and pricing evaluation and decision-making.
Responsible for business continuity plans and risk management programs.
Possess strong knowledge of manufacturing methods and commodities related to cost structure.

Job Requirements

Proven ability to gain partnerships and excel working and leading in a cross-functional environment with new product introduction, manufacturing, quality, and reliability engineers as well as procurement, finance, and product support.
Strong analytical and problem-solving skills with a history of successful resolution.
Exhibit attention to detail, sense of urgency, and ability to handle multiple tasks in a fast-paced environment.
Proficient in data analytics and presentation skills.
Six sigma green belt or above is a plus.
Experience in the capital equipment industry, such as semiconductors, medical equipment, construction equipment, etc.
Bachelor's degree in Mechanical, Electrical, Industrial Engineering, or any other stream; an MBA is an added advantage.

About Company

Lam Research is a company that brings information systems, facilities, supply chain, logistics, and high-volume manufacturing together to drive the engine of our global business operations. We help deliver industry-leading solutions with speed and efficiency, while actively supporting the resilient and profitable growth of our business.

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Strategic Commodity Manager