Procurement Buyer- Electronic components GSSM

Key Qualifications

The Procurement Buyer is positioned at the interface between company engineering teams and the industries that supply R&D equipment.

We are responsible for developing and executing sourcing strategies as well as recommending product innovations based on improving technology. The position requires an interest in market dynamics, negotiation and pricing, manufacturing processes, on time delivery, vendor management and risk mitigation.

Description

Develop a nuanced understanding of the electronic components landscape to forecast industry trends and gauge emerging competitive forces. Identify changes in buyer and supplier power within core materials markets and use industry dynamics to company advantage. Effectively work with suppliers to negotiate optimal terms for sourcing. Understand the trade-offs between cost, volume, and quality to strike agreements that meet company performance criteria and secure on time delivery for R&D commodities. Collaborate across the organization to ensure business objectives are met. Includes the ability to rapidly synthesize and communicate findings to senior leaders and to actively identify potential supply issues that can affect engineering strategy and manufacturing schedule . Develop an in-depth understanding of value-added manufacturing processes and costs, reverse logistics, and market intelligence, and apply this knowledge to influence company new technologies roadmap and sourcing decisions. Assess and mitigate risks to the business.

Managing the procurement cycle including sourcing new suppliers and negotiating agreements

Coordinate with cross functional teams to identify opportunities for cost reduction and on time delivery

Deep knowledge of the semiconductors market and electronic components manufacturers and distributers as well as lab equipment vendors, working with Contract Manufacturers and understanding the internal operation procedures is a plus.

Strong interpersonal skills with proven ability to communicate effectively both verbally and in writing with internal customers and suppliers (English and Hebrew).

Develop and implement efficiencies, practices and procedures to support the dynamic requirements of the R&D department.

Good capabilities of sourcing for R&D dynamic needs

Education & Experience

BA/BS + 5 years of experience, master’s degree or MBA is a plus

Additional Requirements

•Strong analytical and critical thinking skills

•Superb communication and interpersonal skills

•Ability to handle sudden setbacks

•A knack for negotiation

•Willingness to operate in a dynamic environment

•Ability to make quick decisions with 80% information

•Thirst for knowledge and the ability to learn quickly

•Interest in technology and/or operations (experience preferred but not required)

•English – fluent

•Minimum 5 years of progressive experience in purchasing Electronic Components

•Ability to interface with senior management

•Team player, excellent people skills, ability to work in multi-tasking environment

•Proficient in MS-Excel