Chief Procurement Strategist

1 day ago


India Tessolve Full time

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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