Global Commodity Head

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 Senior lead / Global Commodity Head is an individual contributor role to manage fab commodity. This role is a hybrid work mode.

Key Responsibilities

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 technology development

Travel as required to support all new business opportunities (10%) and executive meetings

Independently develop and drive overall commodity sourcing strategies with alignments from key stakeholders

Manage key suppliers and stakeholders’ relationships

Drive supplier performance improvement through regular EBR, QBR and MOR

Guide and motivate junior team members towards customers and GlobalFoundries ‘s success

Assist direct manager to continuously improve and streamline team responsibilities and 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

Review new RFQ Q cost and lead negotiations as required to help our customers win

Negotiate master purchase agreements, service contracts, material supply agreements, consignment agreements, joint development agreements, scope of work and any other contracts required under his / her commodities

Own overall 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

Knowledge, Skills & Abilities 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 environment is bonus

Ability to manage complex quotations and contracts

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 :