Indirect Sourcing Manager

Altera

5 days ago

Location: Penang 15, Penang, Malaysia
Type: Full-time
Seniority: Manager
Education: Master
Source: Workday

Description

Job Details:

Job Description:

Altera is seeking a Sourcing Manager – Indirect Procurement to lead strategic sourcing programs and supplier partnerships across key indirect spend categories! This role delivers measurable business impact through complex contract negotiations, supplier management, and category strategy in a fast‑paced semiconductor environment. You will drive cost efficiency, mitigate risk, and enable operational excellence across enterprise functions.

Key Responsibilities

Lead complex sourcing programs across IT, finance, HR, facilities, and operations to deliver new capabilities and improve service delivery.
Develop and execute category strategies across indirect spend areas (e.g., IT services, professional services, facilities, logistics).
Negotiate complex, high‑value contracts and commercial terms across multiple indirect categories.
Manage supplier relationships, including performance reviews, innovation initiatives, and continuous improvement.
Partner with cross‑functional teams to align sourcing strategies with business requirements and demand planning.
Monitor market trends and adjust sourcing strategies to address cost, risk, and supply continuity.
Drive cost savings, cost avoidance, and value creation through analytics, benchmarking, and supplier collaboration.
Collaborate with finance and legal to resolve supplier disputes and ensure compliance with procurement policies.

Qualifications:

Must‑Have Skills (Required)

Extensive experience in indirect procurement / strategic sourcing across multiple categories.
Proven expertise in negotiating complex, high‑value contracts across categories such as IT services, professional services, facilities, and corporate services.
Deep understanding of contract structures, pricing models, terms & conditions, and risk allocation.
Demonstrated ability to lead end‑to‑end sourcing, supplier selection, and multi‑round negotiations with senior supplier stakeholders.
Strong experience in supplier relationship management, including performance, risk mitigation, and executive‑level engagement.
Advanced analytical capabilities including spend analysis, should‑cost modeling, and TCO (total cost of ownership) analysis.
Proven ability to influence cross‑functional stakeholders and drive alignment across finance, legal, and business teams.

Preferred Skills

Experience in semiconductor, technology, or manufacturing environments.
Familiarity with procurement and ERP systems (e.g., Oracle, Ariba, Coupa).
Experience managing global supplier portfolios and multi‑region sourcing strategies.
Knowledge of sustainability, regulatory compliance, and supplier governance frameworks.
MBA or advanced degree in supply chain, business, or related field.

Job Type:

Regular

Shift:

Shift 1 (Malaysia)

Primary Location:

Penang 15, Penang, Malaysia

Additional Locations:

Posting Statement:

All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.

Skills

OracleComplianceERPProcurement