About GlobalFoundries
GlobalFoundries is a leading full-service semiconductor foundry providing a unique combination of design, development, and fabrication services to some of the world’s most inspired technology companies. With a global manufacturing footprint spanning three continents, GlobalFoundries makes possible the technologies and systems that transform industries and give customers the power to shape their markets. For more information, visit .
Summary of Role
The Lead, Commodity Management, is an individual contributor role. As the team is growing in strength with career progression opportunities and will be responsible for working with business units/operations team to meet customer requirements.
Key responsibilities include the following:
Understand business requirements and market dynamics of global supply environment
Develop and maintain collaborative business relationships with stakeholders
Support Business Units on new business products
Travel as required to support all new business opportunities (10%) and executive meetings
Independently develop and drive sourcing strategies on assigned commodities with alignments from key stakeholders
Manage key suppliers and stakeholders’ relationships
Drive supplier performance improvement through regular EBR, QBR and MOR
Continuously improve and streamline sourcing best practices
Supports executive presentation and regularly works with executives
Leads complex, strategic and business critical projects or initiatives.
Initiates analyze and plan annual cost reduction activities
Negotiate master purchase agreements, service contracts, consignment agreements and any other contracts required under his/her commodities
Own Business Continuity Plan and improvement actions
Develop, implement and communicate company policies and sourcing procedures
Review and approve high value purchase orders for completeness and compliance with company requirements
Ensure 100% compliance to GlobalFoundries SOP
Work on other projects and/or assignments as needed
Support regular business units and operations global team meetings
Required Qualifications:
Candidates with below aptitudes will excel in this job scope with exciting career progression opportunities:
Education – bachelor’s degree or higher in Business, Supply Chain, Engineering, or related field
Min 5 years of working experience in sourcing/commodity management, contract negotiations, supplier relationship management, business strategy, contract manufacturing / outsourcing, and continuous process improvement
Prior work experience in semiconductor or wafer fab environment is bonus
Experienced working in a global team
Highly independent and resourceful
Highly Positive
Proven negotiation skills
Creative problem solver
Competence in complex data analysis, Excel and PowerPoint skills
Good knowledge of business contracts
Flexibility to attend night calls as business required
Able to travel at short notice
GlobalFoundries is an equal opportunity employer, cultivating a diverse and inclusive workforce. We believe having a multicultural workplace enhances productivity, efficiency and innovation whilst our employees feel truly respected, valued and heard.
As an affirmative employer, all qualified applicants are considered for employment regardless of age, ethnicity, marital status, citizenship, race, religion, political affiliation, gender, sexual orientation and medical and/or physical abilities.
All offers of employment with GlobalFoundries are conditioned upon the successful completion of background checks, medical screenings as applicable and subject to the respective local laws and regulations.
Information about our benefits you can find here: