Chemicals Category Management
Date: 03/06/2024
Location: Migdal Haemek, ISR, 2310502
Company: Tower Semiconductor Ltd.
About Tower Semiconductor
Looking for a career path in the high-tech industry? Become part of a team focused on delivering the most exciting semiconductor technology in the world! If you enjoy working with others in a fast-paced environment and are looking for an opportunity to grow your career in the high-tech industry, then Tower Semiconductor is the place to be!
Tower Semiconductor is the leading foundry of high-value analog semiconductor solutions! We provide technology, development, and process platforms for more than 300 customers worldwide in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense, among others.
Job Description
• This is an individual contributor role reporting directly to the VP of Global Supply Chain
• Responsible for the 7-step strategic sourcing process of the assigned category of materials, parts or services as follows:
1. Identify sourcing needs: Analyze the Tower’s global needs and past spending patterns. This includes Tower wholly owned entities and joint ventures as appropriate.
2. Supply market analysis: Analyze the supplier market and potential suppliers to identify risks and opportunities, in addition to considering costs drivers like raw materials and transportation.
3. Develop sourcing strategy and evaluate supplier suitability: In collaboration with internal partners, use market research insights and data analytics to create a strategy that outlines supplier selection, negotiation, and contract management. Define the RFP/RFQ process to be used as appropriate along with objectives and performance metrics.
4. Supplier analysis: Use the market research and supplier analysis to identify suitable suppliers and establish selection criteria. Using the data gathered in steps 1-4, establish aggressive opening price positions, aggressive price targets that will be achieved to determine a successful negotiation, and at what price point escalation will occur. Secure management approval of the negotiation plan to go to step 5.
5. Negotiate with suppliers: Plan and execute the negotiation with the down selected suppliers. This includes planning questions to ask, how you will answer supplier questions, positions to be taken, and how concessions will be traded for supplier movements. Negotiate favorable contract terms with the selected suppliers within the bounds approved in section 4 and own the escalation process to achieve targets.
6. Execute and integrate: Make sure that the vendor, internal end-customers, and everyone who is affected by the process is involved in the design and execution of the solution. Smooth execution is only possible with a transparent process and extensive communication across the departments.
7. Benchmark and track results: Focus on supplier relationship management, data analysis, and process optimization to validate cost savings and execution efficiency.
• Lead Category meetings with buyers across Tower’s global sites
• Initiate and cooperate on cost improvement projects, with the involvement of cross-functional teams, such as Engineering and R&D.
• Update and maintain the Category Strategy over time, including market and supplier analysis in addition to business continuity plans.
• Monitor and measure supplier performance and compliance with agreed terms of supply and quality requirements, through structured scorecards and supplier business reviews
• Monitor and renew existing agreements per business need. Propose, initiate and finalize new agreements to improve operational efficiency, cost, aid business performance.
This Job Is For You If
• Would like to take part in a critical path and influence corporate business performance.
• Always strive to achieve the best deal.
• Want to work with multidisciplinary teams and interfaces challenging you.
Job Requirements
• A bachelor’s degree or higher is a required
• Significant supply chain and category management understanding and experience
• Technical background and familiarity with Semiconductor Fabrication – Advantage
• Experience with chemicals and/or bulk and cylinder gases – Advantage
• Good verbal and written communication skills (English)
• Solid understanding of corporate finance analysis
• Negotiation skills
• Strong Microsoft office skills (Excel, Word, Power Point)
• Ability to meet tight deadlines and prioritize workloads
• Ability to work under minimal supervision
• This is an on-site position – must be able to work in person at one of Tower’s locations on a daily basis
Perks And Benefits
Educational resources
Industry leading healthcare on day one.
Savings and Investments
Opportunities to network and connect
Community outreach programs
Employee recognition programs
On-site Dining room, Cafeteria and Gym
Employee transportation