Strategic Commodity Manager

Job Description The group you'll be a part of The Global Operations Group brings information systems, facilities, supply chain, logistics, and high-volume manufacturing together to drive the engine of our global business operations. We help Lam deliver industry-leading solutions with speed and efficiency, while actively supporting the resilient and profitable growth of Lam's business. The impact you'll make At Lam, as a Strategic Commodity Manager, you play a crucial role in managing industry suppliers. You'll develop and implement commodity strategies, align development deliverables, benchmark suppliers, negotiate agreements, and resolve delivery, cost, and production challenges. Navigating a highly visible and dynamic environment, your strategic expertise in implementing initiatives will support commodity availability, quality, and cost to maintain Lam's reliability and competitive edge. What You'll Do This role is responsible for driving the commodity strategy for assigned commodity. The self-motived candidate will plan, organize and control business/contracts/negotiations for strategic acquisition of materials and services of technical or contractual nature within Global Supply Chain. This Strategic Commodity Manager will be responsible for driving supplier contract management, conducting supplier negotiations, analytically formulating and executing comprehensive supplier management strategies based on semiconductor technology landscapes and global business environments within the assigned commodity. - Responsible for establishing Strategic commodity vision, evaluating/sourcing suppliers & managing supplier relationship to drive projects to achieve goals of global procurement efforts. - Continuously scan markets & global landscape to explore and evaluate strategic suppliers. - Coordinates with finance/accounting for inventory, cost savings & cash flow management. - Evaluate new suppliers considering their organization capabilities, technology expertise, production capabilities, financial performance, customer orientation & Supply chain robustness. - Ensure Suppliers have adequate capacity to support Lam demand as well as supply continuity risk management plans. - Representation on a cross-functional strategic commodity team that focuses on supply challenges and ensures internal/external customer needs are satisfied. Works cross-functionally with product, manufacturing and quality engineers as well as procurement, finance, & product support - Define & monitor metrics in line with AOP (annual operating plan) objectives relative to supplier performance against these expectations to ensure continuous improvement; then drives team to address and close gaps to meet objectives - Regularly evaluate cost and quality performance benchmarks & the risks associated with the preferred supply base selection. - Supplier Performance Management through Score cards and other related parameters. - Encourage and coordinate early supplier involvement in new product designs using the suppliers expertise to optimize quality, cost and manufacturability. - Co-ordination with Engineering for identifying and onboarding new suppliers for NPI, Design change management, Qualification of alternates. - Strong Negotiation skills. Manage the commodity spend by Negotiation/Mitigation of Price increases. Plan & Execute cost reduction strategies through negotiations, material cost reductions, alternate sourcing, technology changes. - Support material availability escalations & co-ordinate with suppliers to ensure no line down. - Supporting quality escalations to ensure standards/processes to ensure part/supplier compliance - Managing contracts for ongoing and new business with suppliers. - Data analysis & representation for sourcing & pricing evaluation & decision making. - Responsible for business continuity plans and risk management programs. - Strong knowledge of manufacturing methods and commodities as related to cost structure Who We're Looking For Years of Exp: Min 1012 years in commodity management in Engineering / Manufacturing Industry Bachelor's in Mechanical / Electrical / Industrial engineering or any other stream. MBA will be an added advantage. Experience in Commodity Management and familiarity with semiconductor, Electrical equipment Manufacturing or high-technology supply management practices, standards and organizations. Business and technical background understanding all the Commercial off the shelf items, OEM, Proprietary/Mechanical/Electrical/Electronic components/HLA General shift, flexible to take meetings in USA PST time zone Mandatory Skills & Requirement - 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. - PowerPoint and presentation skills. - Proven experience of strong analytical and problem-solving skills with history of successful resolution - Exhibit attention to detail, sense of urgency and ability to handle multiple tasks in fast paced environment Preferred Qualifications Proficient in data analytics & presentation skills Six sigma green belt or above is a plus Experience in the capital equipment industry, e.g., semiconductors, medical equipment, construction equipment, etc. 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.