Senior Buyer, Procurement

Posted 2 Days Ago
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Penang, Daerah Timor Laut, Penang
Senior level
Semiconductor
The Role
The Senior Buyer in Procurement is responsible for developing strategic supplier capabilities, managing supplier relationships, supporting sourcing decisions, and leading cost-saving projects. The role requires analytical skills, negotiation abilities, and collaboration to achieve cost-effective sourcing solutions while ensuring compliance with procurement policies.
Summary Generated by Built In

Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $12 billion in FY23 and approximately 26,000 people globally working alongside 125,000 global customers, ADI ensures today’s innovators stay Ahead of What’s Possible. Learn more at www.analog.com and on LinkedIn.

          

Knowledge, skill and abilities: (List the competencies the employees must have to be successful in the position)
Computer literate and proficient in MS Excel, Word and Power point and with knowledge on purchase order system or ERP platforms.
Knowledge in manufacturing processes within the passive & active components.
Highly analytical and with good interpersonal skills. Resourceful, assertive, and strong customer service.
Ability to thrive in a high stress and fast-paced environment.
Strong communication and analytical skills. Demonstrate negotiation and problem-solving abilities. Must be able to work within the team.
Demonstrate the capability of handling multiple projects in parallel.
Major Duties & Responsibilities: (List the major responsibilities of the position. Most jobs have 8 major job responsibilities that represent the essential function of the position.) *
 

  • To develop Strategic Supplier capabilities to effectively support overall sourcing and negotiation requirements.
  • Maintaining close liaison with suppliers on their production capacities, readiness and material supply.
  • Support business functions and segments in their RFI/RFQ activities. Make sourcing decisions based on overall cost and benefit including price, duty, freight, flexibility, service, performance, quality, and terms & conditions.
  • Actively explore and be able to source new technologies through market research to meet company future requirements.
  • To lead cost saving projects involving a cross-functional team through alternative material/part recommendation and qualification plans that meet product requirements.
  • Influencing the product design to ensure materials manufacturability and conformance with the global supply chain.
  • Collaborate to the lowest total cost of ownership sourcing solutions for assigned commodities.
  • Manage Supplier business review, and work with Supplier Quality Engineering on qualifying new suppliers. Skilled at developing and leveraging effective business partnerships internally and externally.
  • Demonstrated ability to create alternative approaches to overcome roadblocks, able to identify and capitalize on opportunities and make quality decisions despite incomplete information.
  • Understand and manage holistic, global value supply chains that lead to a competitive advantage and effectively manage complex sourcing requirements.
  • Review and maintain updated records of approved and qualified suppliers for the assigned commodity. Ensure data integrity (supplier data, materials data including price and currency) is kept and maintained at all times.
  • Manage, drive and monitor improvement of supplier performance through effective supplier management. Work with key stakeholders/end-user to identify indicators to track.
  • Prepare reports as required. Ensures application of Quality Policy of the Company in his/her area of responsibility.
  • Ensure compliance with Procurement policies & Procedures.

Ensure that the company’s commitment to quality, environmental management, health and safety is observed and performed.
 

For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export  licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls.  As such, applicants for this position – except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) – may have to go through an export licensing review process.

Analog Devices is an equal opportunity employer. We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.

Job Req Type: Experienced

          

Required Travel: Yes, 10% of the time

          

Shift Type: 1st Shift/Days

Top Skills

Erp Platforms
Excel
Ms Powerpoint
Ms Word
Purchase Order System
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The Company
HQ: Wilmington, MA
20,292 Employees
On-site Workplace
Year Founded: 1965

What We Do

Analog Devices, Inc. (NASDAQ: ADI) operates at the center of the modern digital economy, converting real-world phenomena into actionable insight with its comprehensive suite of analog and mixed signal, power management, radio frequency (RF), and digital and sensor technologies. ADI serves 125,000 customers worldwide with more than 75,000 products in the industrial, communications, automotive, and consumer markets. ADI is headquartered in Wilmington, MA.

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