Commodity Manager

Altera Semiconductor
  • San Jose, California
    5 days ago

    Job Description

    Job Details:

    Job Description:

    The Indirect Commodity Manager leads strategic sourcing, supplier management, and commercial contracting activities across key indirect spend categories, including Engineering Services, Contingent Workforce, Outsourcing, Managed Services, IT, Facilities, HR, Professional Services, Marketing, and Corporate Services.

    This role partners closely with business stakeholders to deliver cost-effective, compliant, and scalable solutions while driving supplier performance, risk mitigation, operational efficiency, and business value.

    The successful candidate will thrive in a fast-paced, evolving environment and be able to balance strategic initiatives, tactical execution, and project management responsibilities. This individual will help build and mature procurement processes, policies, governance, and stakeholder communication frameworks while supporting Altera's continued organizational growth and transformation.

    Key Responsibilities

    • Develop and execute category, sourcing, and supplier strategies aligned with business objectives, budget targets, and risk management requirements.

    • Lead end-to-end sourcing activities, including requirements gathering, market/spend analysis, RFx events, supplier evaluations, negotiations, and contract execution.

    • Negotiate and manage complex commercial agreements, including MSAs, SOWs, outsourcing agreements, contingent workforce contracts, software agreements, and professional services engagements.

    • Partner with ,HR, Finance, Legal, IT, Information Security, Facilities, Engineering and business stakeholders to understand requirements and deliver cost-effective, compliant procurement solutions.

    • Develop sourcing strategies for contingent workforce, managed services, and outsourcing engagements, including supplier selection, rate benchmarking, workforce optimization, governance, and compliance.

    • Own strategic supplier relationships and performance management for key suppliers, including Quarterly Business Reviews (QBRs), executive-level supplier engagement, performance scorecards, innovation discussions, risk assessments, and continuous improvement initiatives.

    • Drive supplier accountability through governance frameworks, service-level monitoring, issue resolution, and strategic roadmap alignment.

    • Identify and deliver cost savings, cost avoidance, supplier consolidation, and value creation opportunities across assigned categories.

    • Monitor supplier performance, financial health, market trends, labor market dynamics, and commercial risks to proactively identify opportunities and mitigation plans.

    • Develop and enhance procurement policies, procedures, templates, and controls to improve efficiency, compliance, audit readiness, and stakeholder experience.

    • Support organizational stand-up activities, procurement transformation initiatives, contract lifecycle management, supplier governance, and process standardization efforts.

    • Lead and manage procurement-related projects while driving stakeholder communications, change management, and cross-functional alignment.

    • Operate effectively in a fast-paced and evolving environment, balancing strategic sourcing, commercial contracting, tactical execution, project management, process development, and stakeholder communications to support the continued growth and maturation of Altera's Procurement organization.

    • Collaborate with Finance and business stakeholders on budgeting, forecasting, supplier investments, affordability initiatives, and cost reduction roadmaps.

    • Support sustainability, supplier diversity, regulatory compliance, and responsible sourcing initiatives.

    The pay range below is for Bay Area California only. Actual salary may vary based on a number of factors including job location, job-related knowledge, skills, experiences, trainings, etc. We also offer incentive opportunities that reward employees based on individual and company performance.  

     

    $149.1K - $215.9K USD 

     

    We use artificial intelligence to screen, assess, or select applicants for the position.Applicants must be eligible for any required U.S. export authorizations.

    Qualifications:

    Qualifications

    • Bachelor'sDegreeinSupplyChainManagement,BusinessAdministration,Finance,Operations,Engineering,orarelatedfield.MBAoradvanceddegreepreferred.

    • 8+yearsofprogressiveprocurement,strategicsourcing,supplychain,vendormanagement,orcategorymanagementexperience,withsignificantexperiencemanagingindirectspendcategories.

    • Proven experience developingandexecutingsourcingstrategiesacrossoneormoreindirectcategories,includingEngineeringServices,ContingentWorkforce,ManagedServices,Outsourcing,IT,ProfessionalServices,Facilities,Marketing,HR,andCorporateServices.

    • Strongexpertiseinstrategicsourcing,suppliernegotiations,contractmanagement,andcommercialdealstructuring.

    • Demonstratedexperiencenegotiatingcomplexagreements,includingMasterServiceAgreements(MSAs),StatementsofWork(SOWs),softwarelicensingagreements,professionalservicescontracts,outsourcingagreements,andcontingentworkforcecontracts.

    • Experiencemanagingcontingentworkforceprograms,managedserviceproviders(MSPs),staffingsuppliers,andoutsourcedserviceproviders.

    • Strongfinancialandanalyticalskillswiththeabilitytoconductspendanalysis,costmodeling,supplierbenchmarking,businesscasedevelopment,andtotalcostofownership(TCO)evaluations.

    • Provenabilitytoidentifyanddelivermeasurablecostsavings,costavoidance,supplierconsolidation,processimprovements,andvaluecreationinitiatives.

    • Experienceleadingsupplierperformancemanagementprograms,includingsupplierscorecards,QuarterlyBusinessReviews(QBRs),governanceframeworks,andexecutive-levelsupplierengagement.

    • Strongunderstandingofprocurementriskmanagement,supplierfinancialanalysis,regulatorycompliance,contractcontrols,andauditrequirements.

    • AbilitytoeffectivelypartnerwithstakeholdersacrossFinance,Legal,HR,IT,InformationSecurity,Engineering,Facilities,andExecutiveLeadershipteams.

    • Demonstratedprojectmanagementskillswiththeabilitytomanagemultiplecomplexinitiativessimultaneouslyinafast-pacedenvironment.

    • Excellentnegotiation,communication,presentation,andstakeholdermanagementskills,withtheabilitytoinfluencedecisionsacrossallorganizationallevels.

    • Experiencesupportingprocurementtransformation,processimprovement,procurementpolicydevelopment,governanceprograms,andorganizationalscalinginitiatives.

    • Strongbusinessacumenandabilitytobalancestrategicthinkingwithhands-onexecution.

    • Self-starterwithaproactive,results-orientedmindsetandtheabilitytonavigateambiguityandchangingbusinesspriorities.

    • Experienceworkingwithintechnology,semiconductor,manufacturing,orotherfast-pacedglobalorganizationsisstronglypreferred.

    • ProficiencywithprocurementandERPsystemssuchasSAP,Oracle,Coupa,Ariba,Workday,orsimilarplatforms.

    • Familiaritywithsupplierdiversity,sustainability,responsiblesourcing,andESG-relatedprocurementinitiatives.

    • ProfessionalcertificationssuchasCPSM,CIPS,CSCP,PMP,orequivalentareaplus.

    PreferredExperience

    • Experiencebuildingormaturingprocurementfunctionswithinahigh-growth,newlyindependent,ortransformingorganization.

    • Experienceleadingstrategicsourcinginitiativessupportingglobaloperationsandgeographicallydispersedstakeholders.

    • Experienceimplementingsuppliergovernanceframeworks,contractlifecyclemanagementtools,andprocurementprocessautomationsolutions.

    • Knowledge of labor market dynamics, contingent workforce compliance, andoutsourcinggovernancebestpractices.

    Job Type:

    Regular

    Shift:

    Shift 1 (United States of America)

    Primary Location:

    San Jose, California, United States

    Additional Locations:

    Posting Statement:

    All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.

    Numbers & Facts

    LocationSan Jose, California

    Skills

    • Benchmarkingunmatched
    • Budgetingunmatched
    • Candidate Sourcingunmatched
    • Category Developmentunmatched
    • Change Managementunmatched
    • Commodity Managementunmatched
    • Computer Securityunmatched
    • Continuous Improvementunmatched
    • Contract Negotiationunmatched
    • Cost Controlunmatched
    • Cross-Functionalunmatched
    • EEO Regulationsunmatched
    • Expense Analysisunmatched
    • Facilities Engineeringunmatched
    • Financeunmatched
    • Information/Data Security (InfoSec)unmatched
    • Legalunmatched
    • Management of Information Systems/Technology (MIS)unmatched
    • Market Analysisunmatched
    • Market Trend Analysisunmatched
    • Marketingunmatched
    • Negotiation Skillsunmatched
    • Outsourcingunmatched
    • Performance Analysisunmatched
    • Problem Solving Skillsunmatched
    • Process Developmentunmatched
    • Procurement Managementunmatched
    • Professional Servicesunmatched
    • Project/Program Managementunmatched
    • Purchasing/Procurementunmatched
    • Regulatory Complianceunmatched
    • Requirements Managementunmatched
    • Risk Analysisunmatched
    • Risk Managementunmatched
    • Scorecardingunmatched
    • Semiconductor Manufacturingunmatched
    • Sourcing Strategyunmatched
    • Statement of Work (SOW)unmatched
    • Strategic Planningunmatched
    • Supplier Relationship Management (SRM)unmatched
    • Sustainabilityunmatched
    • Vendor/Supplier Diversityunmatched
    • Vendor/Supplier Evaluationunmatched
    • Vendor/Supplier Managementunmatched
    • Vendor/Supplier Planningunmatched
    • Vendor/Supplier Quality Managementunmatched
    • Vendor/Supplier Relationsunmatched
    • Vendor/Supplier Selectionunmatched
    • Vendor/Supplier Sourcingunmatched

    Be found by employers

    5,500+ employers search our resume database daily. Add yours to get found by recruiters looking for candidates like you.

    Level up your application

    Professional resume templates

    Browse dozens of recruiter approved resume templates, layouts and formats. Choose your favorite and make it your own in minutes.

    Free resume templates

    Free resume builder

    Improve your existing resume or start from scratch and create a standout, ATS-friendly resume. Add job-specific content, download and apply.

    Free resume builder