Senior Commodity Manager - Indirect Categories (Teradyne, North Reading, MA)

Teradyne • North Reading, MA

111d

About The Position

We are the global test and automation specialists, powering next-generation technologies through sophisticated solutions. Behind every electronic device you use, Teradyne's test technology ensures your device works right the first time, every time! Our portfolio of automation solutions help manufacturers to develop and deliver products quickly, efficiently and cost-effectively. Together, Teradyne companies deliver manufacturing automation across industries and applications around the world! We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive. Our Purpose TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are supported to innovate and learn something new every day. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Requirements

• Bachelor's degree in Supply Chain, Business, Finance, or related field (MBA or relevant certifications like CPSM/CIPS preferred) OR equivalent experience
• 8+ years of experience in procurement or strategic sourcing, with a focus on indirect categories
• Global sourcing experience and strong knowledge of contract law, negotiation tactics, and supplier management
• Excellent analytical, project management, and stakeholder communication skills
• Proficiency in procurement/productivity tools e.g. Oracle and Microsoft Office Suite
• Ability to work in a fast-paced, matrixed, and multicultural environment
• Knowledge of key supplier performance metrics
• Proven track record implementing complex supply deals and ability to influence business change
• Strong organizational, interpersonal and negotiation skills
• Ability to interpret, apply and draft contract language
• Demonstrated written and verbal communication skills
• Strong analytical and research skills
• Ability to interface with employees at all levels of various business units

Responsibilities

• Lead sourcing initiatives across multiple indirect categories, ensuring alignment with business goals and global procurement strategy
• Develop strategies and execute end-to-end strategic sourcing process including internal/external analysis, supplier benchmarking, and stakeholder engagement
• Conduct competitive bidding (RFPs/RFQs), analyze supplier responses, create supplier scorecards, and facilitate discussions with business decision-makers
• Negotiate and draft commercial terms and contracts, ensuring favorable pricing, service levels, and risk mitigation
• Partner with Legal, Finance, and functional leaders to ensure contract compliance and alignment with company policies
• Coordinate internal executive and supplier execution of legal contracts, statements of work, change orders, addendums, and other contract documents
• Support management team on cross-functional project coordination and internal process compliance with corporate policies
• Manage supplier performance in conjunction with business stakeholders including issue resolution, KPI tracking, and continuous improvement initiatives
• Identify opportunities for cost savings, process improvement, and innovation across procurement practices
• Stay current with industry trends, category developments, and global supply market conditions
• Maintain relationships with potential and existing suppliers, coordinate supplier presentations and periodic reviews
• Monitor and report on sourcing outcomes and savings, historical trends and supplier risks periodically

Benefits

• A collaborative, innovative, and agile work culture
• Competitive compensation, benefits, and opportunities for growth and development
• Global exposure to cross functional teams, diverse cultures and a broad range of categories
• Robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more

What This Job Offers

• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees