Strategic Commodity Mgr 4

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

Job Experience:

Commodity Mgmt, Commercial Negotiations, Costing and familiarity with Semiconductor, Automotive, Electrical Equipment Manufacturing or high-technology supply management practices, standards and organizations.
Business & technical understanding of Manufacturing & Assembly processes related to Metal machining, Forging, Casting, Electrical & Electronics components, PCBA, Commercial off the shelves, Proprietary parts (OEM) ,Fittings, Tubing, Valves, Regulators, MFC’s, Weldments etc.

Primary Responsibilities:

This role is responsible to drive the Commercial Commodity strategy for various commodities.

The self-motived candidate will plan, organize, and control business/contracts/negotiations for cost effective strategic acquisition of materials and services of technical or contractual nature within Global Supply Chain.  This position will be responsible for driving Commercial negotiations to drive best cost strategies & cost reduction through supplier contract management, conducting supplier negotiations, analytically formulating and executing comprehensive supplier management strategies based on semiconductor technology landscapes and global business environments.

• Responsible for establishing & Driving Commercial Strategic commodity vision, evaluating supplier cost & managing relationship to drive projects to achieve goals of global cost efficiency.
• Determine cost targets during design & development phase, recommending cost effective solutions.  Investigate and identify cost reduction opportunities. Ensure smooth and cost effective transition.
• Establish costing of products, production & assembly processes, tooling costs and review alternatives. Put forward recommendations for improvement. Use Zero based costing /cost breakdowns.
• Negotiate cost increase from suppliers related to RM , Process, Labor & other input  cost to mitigate impact
• Utilize cost methodologies, appropriate tools & software models & packages to prepare and maintain reliable and accurate data.
• Contribute to cost monitoring and reporting systems and procedures and monitor trends
• Assess cost effectiveness of products & track actual costs relative to targets & report status on a regular basis to ensure costs are in line with forecasts.
• Research and analyze various commodities for function to price and price to cost evaluation.
• Continuously scan markets & global landscape to explore and evaluate strategic & cost-effective suppliers.
• Evaluate new suppliers considering their organization capabilities, Technology expertise, Production capabilities, Financial performance, customer orientation & Supply chain robustness.
• Works cross-functionally with Engineering, Sourcing, manufacturing, Procurement, finance, & product support
• Coordinate with finance/accounting for inventory, cost savings & cash flow management.
• Define & monitor metrics in line with AOP objectives relative to supplier cost performance, monitor against the expectations to ensure continuous improvement; then drives team to address and close gaps to meet objectives.
• Provide inputs to Commodity Sourcing strategy to deliver best cost targets.
• Supplier Performance Management through Score cards and other related parameters.
• Encourage and coordinate early supplier involvement on new product designs using the suppliers’ expertise to optimize cost and manufacturability.
• Strong Negotiation skills. Manage commodity spend by Negotiation/Mitigation of Price increases. Plan & Execute cost reduction strategies through Negotiations, Material cost reductions, Alternate sourcing, technology changes.

Who we’re looking for

Eligibility Criteria:

• Years of Exp : Min 10~14 yrs in Cost management / commodity management in Engg / Manufacturing Industries

Job Experience: 

• Commodity Mgmt, Commercial Negotiations, Costing and familiarity with Semiconductor, Automotive, Electrical Equipment Manufacturing or high-technology supply management practices, standards and organizations.
• Business & technical understanding of Manufacturing & Assembly processes related to Metal machining, Forging, Casting, Electrical & Electronics components, PCBA, Commercial off the shelves, Proprietary parts (OEM) ,Fittings, Tubing, Valves, Regulators, MFC’s, Weldments etc.,

Educational: BE/B.Tech  in Mechanical / Electrical / Industrial Engg. MBA will be an added advantage.

Willing to work in shift: Flexible | Hybrid

Mandatory Skills & Requirement:

• Commodity knowledge from Metal machining, Forging, Casting, Electrical & Electronics components, PCBA, Commercial off the shelves, Proprietary parts (OEM) etc…
• Knowledge of zero-based cost model / Cost breakdown.
• Understanding of component cost structure (Fixed, variable cost, Industry benchmark for overhead and profit)
• Machine hour rate calculations. Cost of Capital. Inventory carrying cost
• Labor rates across globe. (Min wages, skilled, unskilled manpower rates, payroll, contract)
• Packaging cost calculation & transportation cost estimates.
• Special process cost estimates (Powder coating, painting, plating, passivation, cleaning) welding, laser cutting etc.
• Market benchmarking
• Proven ability to gain partnerships & excel in working & leading in a cross-functional environment with NPI, Product Development, manufacturing, quality 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

• Desirable Skills & Requirement:

  • Proficient in Data Analytics & Presentation Skills
  • Six sigma green belt or above is a plus

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.