Material Procurement Manager (P4)

Job Description

Job Description: Material Procurement Manager - Semiconductor Industry Job Title: Material Procurement Manager Location: Assam, India Reports To: Head of SCM for Materials Job Overview The Material Procurement Manager plays a crucial role in the semiconductor industry by overseeing the sourcing, procurement, and inventory management of raw materials, components, and supplies required for “greenfield” semiconductor manufacturing. This role demands a strong understanding of global supply chains, vendor management, and cost optimization. The manager will ensure the timely and cost-effective procurement of materials while maintaining a high level of quality and compliance with industry standards. Key Responsibilities Strategic Sourcing & Procurement:Develop and implement procurement strategies for semiconductor materials such as Carrier tapes, cover tape, Mold compound, Reel, Glue, boxes, chemicals, Lead Frame, Substrates, Gold wire, Copper Wire, solder, PCB, etcIdentify and establish relationships with global suppliers to ensure competitive pricing, high quality, and consistent delivery.Negotiate contracts with suppliers, ensuring favourable terms for cost, delivery, quality, and service.Evaluate supplier performance and conduct periodic supplier audits to ensure quality standards are met.Inventory & Supply Chain Management:Collaborate with production and operations teams to forecast material requirements and manage inventory levels.Optimize material ordering and lead times to prevent shortages or overstocking.Monitor and manage material stock levels, ensuring timely replenishment of raw materials and supplies.Vendor Relationship & Collaboration:Build and maintain strong relationships with key suppliers, ensuring alignment with production needs and long-term business goals.Coordinate with suppliers to resolve any quality or delivery issues promptly.Work closely with R&D and engineering teams to understand evolving material requirements and specifications.Cost Control & Budgeting:Analyze and track material costs, identifying opportunities for cost reduction and improved efficiency in the procurement process.Develop and manage the procurement budget, ensuring cost control and minimizing waste.Provide regular cost reports and procurement metrics to senior management.Risk Management & Compliance:Identify risks in the supply chain, including material shortages, price fluctuations, and supply disruptions, and develop contingency plans.Ensure compliance with all relevant industry standards, regulations, and environmental guidelines (e.g., REACH, RoHS).Stay up to date with market trends and technological advancements that may impact material sourcing.Team Leadership & Development:Lead, mentor, and develop a team of procurement professionals to ensure high performance and skill development.Foster a culture of continuous improvement within the procurement function. Required Skills And Qualifications Education:Bachelor’s degree in Supply Chain Management, Engineering, Business, or a related field. A Master’s degree or relevant certifications (e.g., CPM, CPSM) is a plus.Experience:Minimum of 5-7 years of experience in procurement, with at least 2 to 3 years in a managerial role within the semiconductor, electronics, or high-tech manufacturing industry.Strong understanding of semiconductor materials and components Skills:Excellent negotiation and communication skills, with the ability to manage supplier relationships effectively.Strong analytical skills with experience in cost analysis, data-driven decision-making, and procurement software (e.g., SAP, Oracle, or similar ERP systems).Solid understanding of supply chain dynamics, inventory management, and logistics.Experience in risk management, supplier performance evaluation, and contract management.Familiarity with industry regulations (e.g., REACH, RoHS) and environmental sustainability practices.Personal Attributes:Strong leadership and team management abilities.Detail-oriented with a high level of accuracy.Proactive, with the ability to work under pressure and manage multiple tasks simultaneously.Strong problem-solving skills, especially in mitigating supply chain disruptions. Desirable Skills Knowledge of semiconductor manufacturing processes (e.g., wafer fabrication, packaging).Experience with lean manufacturing or Six Sigma methodologies.Multilingual skills and experience working with international suppliers. Working Conditions Full-time position with occasional travel to supplier sites, trade shows, or industry conferences.Collaborative work environment with cross-functional teams, including R&D, production, and quality assurance.