Strategic Sourcing Specialist

Cadence Design Systems
San Jose
Workplace: OnsiteFull timeUSD 144,200 - 267,800 annuallyFunction: Procurement & SourcingExperience: 15+ yearsSkills: ["Negotiation","Vendor management","Risk management","Cost optimization","Supply chain leadership"]

Strategic Sourcing Specialist at Cadence leads the design and execution of supply chain and sourcing strategies for hardware systems verification. You’ll manage supplier selection, contracts, vendor governance, and risk, while advising executive leadership on procurement optimization and cost management in a fast-paced electronics environment.

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Cadence Design Systems
Cadence Design Systems
5 months ago

Strategic Sourcing Specialist

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Job Summary

Strategic Sourcing Specialist at Cadence leads the design and execution of supply chain and sourcing strategies for hardware systems verification. You’ll manage supplier selection, contracts, vendor governance, and risk, while advising executive leadership on procurement optimization and cost management in a fast-paced electronics environment.
Location: San Jose
Workplace: Onsite
Employment Type: Full time
Job Function: Procurement & Sourcing

Key Responsibilities

  • •Design and scale the overall supply chain to meet growing business demands, including sourcing strategy, cost management, and vendor governance.
  • •Develop and execute the sourcing strategy, eliminate supply chain risks, achieve operational performance, product quality, and customer satisfaction.
  • •Execute global strategic sourcing, including supplier selection, contract negotiation, and vendor management.
  • •Implement and oversee supply base cost management initiatives to drive value and maintain competitive advantage.
  • •Serve as a strategic advisor to executive management on procurement strategy, vendor risk, and cost optimization opportunities.

Pay and Benefits

Salary: USD 144,200 - 267,800 annually
Equity and Bonus:Equity
Perks:Paid LeavePaid Holidays401kEquityHealth Insurance

Key Requirements

  • •15+ years of Supply Chain operational leadership experience in the electronic systems industry.
  • •Rich experience in nurturing long, sustainable relationships with suppliers and networks with electronics vendors.
  • •Demonstrated ability to negotiate effectively, manage risks, drive COGs down, and achieve margin expansion.
  • •Strong background in procurement, subcontracts, material planning, and inventory operations.
  • •Strong financial and P&L management skills, with the ability to align supply chain strategies with overall business objectives.
Experience:15+ yearsElectronicsHardware systems
Skills:NegotiationVendor managementRisk managementCost optimizationSupply chain leadership

Company Brief

Cadence Design Systems
Provides electronic design automation (EDA) software, IP, and services for semiconductor and systems companies to design, verify, and implement integrated circuits, systems-on-chip, and electronic systems across industries including communications, automotive, and consumer electronics.
Industry: Developer Tools
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: San Jose, United States
Founded: 1988
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