3 months ago

Strategic Sourcing Specialist

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 2 hours agoStatus: Live

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

Glassdoor: 3.9

Website LinkedIn Glassdoor

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Cadence Design Systems

3 months ago

Strategic Sourcing Specialist

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 2 hours agoStatus: Live

Job Summary

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

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

Glassdoor: 3.9

Website LinkedIn Glassdoor