Commodity Manager (TERADYNE, North Reading, MA)

We are the global test and automation specialists, powering next-generation technologies through sophisticated solutions. Behind every electronic device you use, Teradyne's test technology ensures your device works right the first time, every time! Our portfolio of automation solutions help manufacturers to develop and deliver products quickly, efficiently and cost-effectively. Together, Teradyne companies deliver manufacturing automation across industries and applications around the world! We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive. Our Purpose TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are supported to innovate and learn something new every day.

We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team - one that makes better decisions, drives innovation and delivers better business results. Position Summary Teradyne's Supply Base Management (SBM) group is seeking a results-driven professional to join our team. The Commodity Manager role will focus on the strategic sourcing of PCBs. You will be responsible for developing global sourcing strategies, managing supplier relationships, driving cost improvements, and ensuring supply continuity for raw printed circuit boards (PCBs) used across Teradyne's products. This role requires strong commercial and analytical capabilities, supplier management experience, and effective cross-functional collaboration with Engineering, Operations, Planning, and Quality. A technical background is helpful due to the nature of the products but not required. Key Responsibilities Strategic Sourcing & Commodity Management Develop and execute the global sourcing strategy for raw PCBs. Conduct market analysis on industry trends, supply risks, capacity constraints, cost drivers, and technology roadmaps. Lead supplier selection, qualification, and segmentation to ensure a resilient, high-performing supply base. Create and manage long-term agreements, including cost roadmaps, risk mitigation plans, and continuity-of-supply. Supplier Relationship & Performance Management Manage supplier relationships with a focus on delivery performance, quality performance, and continuous improvement initiatives. Drive supplier performance reviews, scorecards, and quarterly business reviews (QBRs). Partner with suppliers to improve cycle times, yields, manufacturability, and material availability. Work with suppliers to proactively manage lifecycle issues, PCNs/EOL notifications, and component or technology transitions. Cost & Contract Management Lead cost negotiations leveraging should-cost models, market benchmarks, and competitive sourcing. Identify and execute cost-reduction initiatives through value engineering, Design-for -cost, material optimization, and supply chain simplification. Manage pricing strategies during NPI phases, production ramp, and sustaining life-cycle management. Cross-Functional Collaboration Partner with Engineering on design considerations for PCBs that support cost, manufacturability, and long-term availability. Align with Operations and Planning on lead-time expectations, volume forecasts, factory readiness, and supply continuity. Support New Product Introduction (NPI) sourcing decisions and ensure supplier readiness for prototype, pilot, and ramp stages. Risk Management & Continuity Planning Assess risks such as single-source dependencies, geopolitical exposure, lifecycle/obsolescence risks, and capacity constraints. Develop and execute multi-sourcing plans, alternative component strategies, and business continuity plans. Manage escalations involving shortages, supplier factory constraints, or delivery-critical situations. All About You 8-15 years of experience in supply chain, strategic sourcing, commodity management, or procurement. Experience with PCB, or complex electronic components (or similar fabrication-based commodities). Strong negotiation and contracting skills, with proven success in cost management. Ability to analyze technical specifications, supplier cost structures, and manufacturing processes. Excellent communication, relationship-building, and stakeholder management skills. Ability to travel up to 15%, both domestic and international. Preferred Bachelor's degree in Supply Chain, Engineering, Operations, Business, or related field. Experience with EMS/CM environments or high-mix, low-volume manufacturing. Familiarity with PCB manufacturing processes, stackups, and DFM principles. Experience in a high-tech, semiconductor, capital equipment, or electronics industry. #LI-MD1