Chief Procurement Strategist
1 day ago
About Tessolve
Tessolve is a leading provider of semiconductor and embedded engineering services, delivering comprehensive solutions from silicon to systems. With a global presence and over 3,000 employees worldwide, we offer turnkey ASIC solutions, advanced silicon testing, and end-to-end embedded product design. Leveraging expertise in technologies like 5G, mmWave, Silicon Photonics, and HBM, we enable faster time-to-market and superior quality.
Position Overview
We are seeking an exceptional Chief Procurement Strategist to drive our procurement strategy forward. This key executive role demands a visionary leader with a proven track record of building and sustaining a best-in-class procurement function. The ideal candidate will have deep expertise in direct spend within the semiconductor design/testing industry and indirect procurement, with a specific focus on electronic components and PCB sourcing.
Main Responsibilities:
Strategic Vision and Leadership
- Develop and execute a procurement strategy aligned with Tessolve's growth ambitions, emphasizing innovation, sustainability, and value creation.
- Inspire and lead a high-performing procurement team, fostering a culture of excellence, accountability, and continuous improvement.
Global Supplier Ecosystem Management
- Build and maintain a world-class supplier network, ensuring competitive pricing, quality, and reliability.
- Lead complex negotiations and secure strategic partnerships that deliver long-term value and competitive advantage.
Operational Excellence
- Design and implement cutting-edge procurement processes and systems to enhance efficiency, transparency, and scalability.
- Utilize data-driven insights to optimize procurement performance, drive cost savings, and mitigate risks.
Electronics Component Sourcing Expertise
- Spearhead the sourcing of critical electronic components and develop vendors for complex PCBs and assemblies to ensure a resilient and agile supply chain.
- Stay ahead of market trends and technological advancements to address supply chain challenges proactively.
Governance, Compliance, and Risk Management
- Establish robust governance frameworks to ensure compliance with global regulations, ethical standards, and corporate policies.
- Proactively manage procurement risks, including geopolitical, financial, and environmental factors.
Cross-Functional Collaboration
- Partner with engineering, product development, finance, and legal teams to align procurement strategies with business objectives.
- Provide strategic insights and recommendations to the executive team on procurement-related matters.
Estimated Salary: $120,000 - $180,000 per year
Requirements:
Experience
- 15–20 years of progressive procurement experience, with at least 5 years in an executive leadership role within the IT or semiconductor industry.
- Demonstrated success in sourcing electronic components and managing complex supply chains within the semiconductor sector.
Education
- Bachelor's degree in Supply Chain Management, Engineering, Business Administration, or a related field.
- Advanced degrees (MBA/MS) and certifications such as CPSM, CSCP, or equivalent are highly desirable.
Skills
- Exceptional strategic thinking with the ability to translate vision into actionable plans.
- Proven negotiation expertise with a record of securing favorable terms in high-stakes contracts.
- Strong leadership skills with a focus on team development and succession planning.
- Expertise in procurement technologies and analytics for informed decision-making.
- High level of integrity with a commitment to ethical procurement practices.
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