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Texas Instruments Incorporated

Sourcing Specialist

Career Insights for Procurement / Sourcing Specialist

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What they do

A Procurement or Sourcing Specialist is responsible for sourcing and purchasing the goods or services required by an organization, especially tracking overall spend and improving bidding processes. Responsible for maintaining supplier relationships. May also be responsible growing supplier relationships with new and/or existing suppliers.

$68,519 / year median in Texas

+7% projected growth

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Job Description

Change the world. Love your job. As a sourcing specialist you will protect TI's supply chain through deep acumen of our current, potential, and future supply base.
Responsibilities may include:
Developing and implementing appropriate sourcing strategies to meet corporate objectives. Monitoring supply market drivers and adjusts sourcing strategy to meet future business performance goals. Identification of opportunities and definition of sourcing projects. Discover new sources of supply and lead new supplier development. Engage suppliers to execute projects and drive supply chain resilience. Development of detailed business processes to ensure robust category management fueling supplier engagement and vendor selection. Ownership of a spend category and its sourcing strategy. Spearhead contractual agreements between TI legal team and vendors. Oversee critical aspects of vendor relationship, including price negotiation, quotations, contracts, yield agreements, service agreements, warranties, rebates, quality measurement, capacity reservation, forecasts, and delivery performance. Manage all sourcing and spend communications between vendor and business units. Works with global operational teams to resolve issues relating to vendor management or assurance of supply (risk mitigation, business continuity planning). Work with new product development groups to source next technology need in manufacturing and the latest in IC design. Leverage our supply chain to innovate new projects within area of specialization. Leverage TI's supplier performance framework to manage vendor expectations and set goals aligned with business need. Execute with a strong sense of ownership and urgency with ability to work in a fast-paced, multi-tasking and self-motivating environment. Analyze and anticipate needs based on market trends.
Minimum requirements:
Bachelor's degree in Business Administration, Supply Chain Management, Engineering, Sciences or related field 5 years relevant experience in semiconductor or semiconductor downstream industry Preferred qualifications: CPSM, CSCP, or ASCM certification preferred Strong verbal and written communication skills Demonstrated strong analytical, critical thinking and problem-solving skills Ability to work in teams and collaborate effectively with people in different functions and regions Ability to take the initiative and drive for results Strong time management skills that enable on-time project delivery Ability to work effectively in an interrupt-driven, fast-paced and rapidly changing environment Demonstrated ability to build strong, influential relationships Ability to influence opinions and gain consensus Strong presentation skills Ability to handle contracts management Proactive, fast learner, self-motivated, multi-tasking and performance driven Ability to drive projects and programs to complete them in timeline given High accountability in maintaining confidentiality of information