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1. MAIN OBJECTIVES:
To lead and manage Cohu MY Commodity Management in sourcing by developing and implementing an effective commodity strategy that aligned with the relevant stakeholders across multi-functional teams to achieve the best possible cost, material supply continuity and flexibility meeting quality requirements.
2. RESPONSIBILITIES:
Team Leadership:
o Lead and manage a team of commodity management, providing guidance, support, and mentoring to ensure team effectiveness and individual growth
o Set clear objectives and performance targets for the team, monitor progress and provide regular feedback to foster continuous improvement.
Commodity Strategy:
o Establish, develop and execute commodity strategy with strategic sourcing plans for assigned commodities to optimize cost, quality, and supplier performance
o Identify cost-saving opportunities through supplier consolidation or rationalization, negotiation, process optimization, and value added/value engineering
o Drive long term sustainable competitiveness
o Collaborate with cross-functional teams including engineering, operations, and finance to align commodity strategy with broader business goals.
Supplier Management:
o Evaluate and select suppliers based on criteria such as Commercial, Partnership and Collaboration, Delivery & Operational Support, Quality, Risk & Compliance, and Innovation & Technological Capabilities
o Establish and maintain strong relationships with key suppliers, conducting regular performance reviews and addressing any issues or concerns promptly
o Market Analysis - regular assessment of market trends, market pricing changes, competitor activities and supplier capabilities to anticipate changes and proactively mitigate risks to the supply chain.
Contract Negotiation:
o Negotiate contracts and agreements with suppliers to secure favorable terms and conditions while mitigating risks
o Ensure compliance with legal and regulatory requirements in contract terms and conditions
o Monitor and enforce agreements compliance
o Ensure no lapse of contractual coverage
o Drive continuous improvement in contract management processes to enhance efficiency and effectiveness.
Cost Management:
o Analyze total cost of ownership for assigned commodities, identifying opportunities for cost reduction and value enhancement
o Monitor commodity price trends and market dynamics to make informed decisions and mitigate cost fluctuations
o Develop and implement cost-saving initiatives, such as alternative sourcing and supply chain optimization projects.
Risk management/Risk Mitigation:
o Supplier financial risk analysis
o Market price volatility, geopolitical issues
o Supply assurance, agility and stability
o Safeguard against operational setbacks
REQUIREMENTS AND QUALIFICATIONS:
Education: Minimum of a bachelor’s degree or equivalent field.
Experience: Minimum of 5 years’ experience in Commodity/Category Management, Strategic Sourcing, Procurement or Engineering.
Skills/Technical Requirements:
- Proficient in Excel, Power Point, Words. Experience in Material Resources Planning (MRP system), Oracle, SAP, Ariba, Power BI etc. analytical skills
- Capable of converting data into information that can be utilized to make key decisions.
- Ability to work collaboratively as a cross-functional team member with other functions of Supply Chain, Manufacturing, Quality, Engineering, Project, Spares and Product.
