Sr. Manager for Semiconductor Commodity

Transforming how we interact with our vehicles to make the driving experience more enjoyable, connected, and safe.
Enabling a software-defined, electrified future.

Visteon is a technology company that develops and builds innovative digital cockpit and electrification products at the leading edge of the mobility revolution. Founded in 2000, Visteon brings decades of automotive intelligence combined with Silicon Valley speed to apply global insights that help transform the software-defined vehicle of the future for many of the world’s largest OEMs. The company employs 10,000 employees in 18 countries around the globe and generated $3.76 billion in sales (USD) in 2022.

The Mission of the Role:
The mission of this role is to lead the development and implementation of semiconductor commodity strategies in the specific areas of Microprocessors, SoCs, and Memory technologies that drive cost savings, improve product reliability, and foster innovation while ensuring a maximum competitive advantage for the organization.

Key objectives of this Role:

Focus on procurement of semiconductor direct material from external manufacturers and distributors while driving cost, quality, and commercial relationship management. Responsibilities include the leadership of a commodity buyer team with local, regional, and global accountability to ensure supply continuity, business profitability, product reliability, and optimal material cost.

• Support Commodity bid lists, track supplier performance, and source new business.
• Develop and implement commodity strategies to deliver maximum competitive advantage.
• Lead negotiations to deliver savings supporting corporate cost objectives.
• Benchmarking, rationalization, development, and management of critical and strategic suppliers.
• Support new business pursuits and maintain a database of key supplier technology capabilities.
• Execute best-in-class sourcing process to secure the sourcing nomination of optimal total cost solution to support Visteon programs, through regional/global supplier quotations, negotiations, and successful contract management.
• Identify new technologies and suppliers to give Visteon a competitive advantage.
• Develop knowledge and utilize modern purchasing tools and techniques to achieve successful cost-down activity.
• Work closely with Buyers, Program Purchasing, and Engineering teams globally to support market intelligence analysis, supplier and technology selection, and competitor benchmarking activity.
• Provide key Purchasing/commercial support to the Visteon plants in China.
• Able to balance risks to achieve the lowest material cost within very tight deadlines.

Key Performance Indicators:

• Annual net PPV objective on impactable spend.
• Supplier payment term achievement.
• Supplier claims recovery.
• Peripheral supply chain support objectives (delivery, quality, inventory, pursuit support).

Key Year One Deliverable:

• Lead the creation and communication of Micro and Memory commodity strategies.
• Develop Internal and External stakeholder relationships.
• Achievement of annual purchasing KPIs.

Qualification, Experience, and Skills:

• Bachelor’s Degree, Master preferred, Electrical Engineering preferred
• 7 years in responsible roles within an international business environment and procurement/purchasing lead experience.
• Strong knowledge of the semiconductor industry (Suppliers, Technologies, Components).
• Ability to present commodity strategy and performance results to executives and drive to closure key actions.
• Ability to lead cross-functional teams with focus and accountability.
• Experience in sourcing and negotiating electronic components in an automotive environment using strategic techniques to achieve results.
• Proven knowledge of category strategies.
• Effective negotiation skills
• Value Chain Analysis (VAVE, TQCM)
• Supplier evaluation/selection
• Effective presentation skills and Strong communication skills.
• Ability to balance risk and achieve the lowest material cost within very tight deadlines.
• Experience working at a semiconductor company is desired but not a requirement.

Key Leadership Behaviors:

• Lead from the front
• Inspire change
• Build strong teams
• Lead the market
• Strong business partner
• Critical thinker
• Visionary
• Resilient
• Perseverant

Reporting Structure: Reports to the Senior Director of Semiconductor Procurement

Visteon Culture: If you thrive in a fast-paced, organizational culture that requires agility, adaptability, and a growth mindset from its employees to thrive and stay ahead of the curve Visteon is the place. We value high performance and a drive for results. Innovation, risk-taking, and continuous learning help us keep up with the ever-changing landscape of our industry and be Market leaders. At Visteon, you can be more.