Procurement Manager

3 Months ago • 10 Years + • $140,000 PA - $150,000 PA

Job Summary

Job Description

The Procurement Manager will be responsible for developing and implementing procurement strategies aligned with business goals. They will manage the procurement of goods and services, maintain supplier relationships, and evaluate spending operations to improve product quality and delivery timelines. This role includes conducting cost analyses, developing risk management procedures, supervising a purchasing team, and collaborating with various departments to ensure efficient procurement processes. The manager will also handle supplier management, including evaluations, performance reviews, and contract negotiations to achieve cost savings and maintain supply availability. The Procurement Manager will work closely with new product development teams and other stakeholders, requiring strong communication and project management skills. This position requires a proven track record in commercial environments, specifically including experience in high-level face-to-face negotiations and experience working with global cross-functional teams. Additionally, the candidate must be prepared to travel to engage and lead all global teams.
Must have:
  • Procurement and negotiation experience (10+ years)
  • Experience with global focus and x-functional teams
  • Strong communication and interpersonal skills
  • Proven procurement experience and project management skills
  • Bachelor’s Degree or equivalent experience in related field
Good to have:
  • Prior experience in the computer industry

Job Details

General Purpose:
  • Procurement strategy: Developing and implementing procurement strategies that align with business goals and market trends
  • Foster cross-functional collaboration to ensure alignment of procurement activities with business needs.Indepdengly define opportunities and resolve complex issues and within business sourcing model, introducing innovative approaches to existing practice
  • Survey the market landscape and take proactive measures to mitigate supply chain risks and position Corsair for success.
  • Mentor and guide procurement team members to enhance skills and career development.

Position Summary, Responsibilities and Expectations:

Handle the procurement of goods and services for the company. Manage each part of the supply chain to ensure consistent delivery of goods and services while identifying possible obstacles that may affect productivity.

  • Developing sound, cost-effective strategies for the purchasing of materials used in the business
  • Maintaining relationships with suppliers while continually scouting for additional vendors
  • Evaluating spending operations while seeking ways to improve and enhance the quality of products purchased and the timeliness of deliveries
  • Communicating with management regularly regarding the efficient flow of goods and services affecting production
  • Conducting cost analyses and setting benchmarks for improvement
  • Developing risk management procedures to mitigate losses in the event of product shortages
  • Supervising a purchasing team and delegating tasks across departments when necessary
  • Working closely with the company legal department to make sure contracts and terms are favorable

Supplier Management

  • Coordinates supplier reliability evaluations via supplier visits, analysis of cost reports, supplier P&L statements, D&B reports, quality system audits, and other data; compiles comprehensive supplier visit reports.
  • Initiate requests for information/proposal/quotation; Analyzes responses, consolidated summary report and formulates recommendations for management  /internal stakeholder to review. Drives the supplier selection and onboarding process.
  • Maintains supplier scorecard with KPI’s that report supplier performance and perform supplier Quarter Business Reviews.
  • Comprehend Corsair’s business objectives and formulate supplier management  strategy to accomplish those goals. 

Cost Management

  • Negotiates with suppliers to obtain most favorable price, schedule, and terms and conditions; Follows up orders to expedite delivery and shipment as required.
  • Identify and lead life cycle cost down projects including opportunity management for large scale upside purchases.
  • Track spending and cost-savings and set quarterly projections and targets to achieve and set global strategy aligned to business needs
  • Capable of recognizing and managing excess and obsolete (E&O) risks, while closely monitoring demand patterns and supplier inventory to mitigate E&O exposure

 Sourcing and contract management

  • Source new suppliers and expand existing suppliers’ business scope to maintain Corsair’s cost advantages and ensure supply availability. Foster ongoing relationships and win-win partnerships
  • Engage in contact management, negotiate business terms and conditions with suppliers regarding Purchase Price Agreements (PPA), while maintaining awareness of risks. Proactively inform legal teams about potential risks and collaborate to seek support

Cross-functional team collaboration

  • Collaborate with new product development/introduction teams, partnering with Engineering, Quality, and Operations teams to ensure timely completion of procurement deliverables.
  • Regularly engage with individuals in administrative or executive roles within both company and supplier organizations. Obtain and provide information, consulted on complex issues, and maintain positive working relationships with suppliers.
  • Possess expertise in CM/ODM manufacturing processes, lead times, and operational opportunities.  Leverage internal and external resources to optimize the supply chain and enhance supplier performance, thereby supporting the company in achieving its business goals.

Essential Skills and Experience:

  • Preferred Bachelor’s Degree or equivalent experience in related field
  • 10+ Years of procurement and negotiation experience, and people management experience
  • Must be able to demonstrate a highly successful track record in a commercial environment including significant experience in high level face to face negotiations
  • Experience working with a global focus and x-functional teams with various stakeholders
  • A strong communicator and teamplayer capable of building relationships at all levels within the organization, strong ownership of supplier accounts and projects
  • Proven procurement experience and project management skills
  • Must be prepared to travel to engage and lead all global teams to deliver exceptional value.
  • Excellent communication (written & oral), interpersonal and presentation skills, along with strong analytical and project management skills.
  • Prior experience in the computer industry, a plus

For roles that are based at our headquarters in Milpitas, CA: The starting base pay for this position is as shown below. The actual base pay is dependent upon a variety of job-related factors such as professional background, training, work experience, location, business needs and market demand. Therefore, in some circumstances, the actual salary could fall outside of this expected range.  

Annual Salary Range

$140,000—$150,000 USD

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