The RequirementsTo meet the basic qualifications for this role you will have legal authorization to work permanently in the United States for any employer. Due to ITAR restrictions you must be a US Citizen or Permanent Resident to hold this position.
To be a good fit for the Procurement & Inventory Manager opportunity, you also should have:
- A bachelor’s or associate’s degree with emphasis on supply chain management, procurement, finance or a related discipline
- Multiple years of business experience in manufacturing or procurement operations in an engineering-heavy industry where quality and precision are key, with a technical/ engineering mindset and the ability to work in a technical environment
- Experience in a high-paced environment with a strong understanding of a 24/7 environment, and ability to check in and plan so that weekends and nights have proper coverage
- Some supervisory experience, including experience giving performance reviews
- Excellent communication, presentation, interpersonal, negotiation, decision-making, and problem-solving skills
- Highly effective ability to initiate and lead cross-functional teams and develop cross-functional understanding
- Intermediate or advanced skill with Excel and PowerPoint
- Strategic direct sourcing experience in components and commodities associated with advanced crystal growth manufacturing/semiconductors would be ideal
- Qualified candidates will be required to pass a background check
The RoleReporting in a matrix structure to local operations as well as headquarters, you’ll play a dual role ensuring the site procurement and inventory function runs day-to-day as well as working with the wider organization to ensure processes are being followed. You’ll be responsible for procuring a wide variety of raw materials, equipment, components and services in line with specified levels of quality, delivery, price and total cost. However, this is also a great opportunity to help build systems, communicate to understand the business needs, and find solutions as we standardize operations across the organization.
To begin, you’ll embrace daily operations here, acting as eyes and ears for the General Manager as you and your direct reports (one Buyer, one Shipping/Receiving Clerk, and one Inventory Clerk) execute daily tasks for procurement, inventory, and shipping. You’ll also work to plan ahead and understand the demand plan, and look for ways to improve processes. If you come up with a suggested system or solution, you’ll help determine whether it will work for all sites. If so, your ideas will make a positive impact on the wider organization.
On a daily basis, you’ll be a key player on the local management team, participating in strategic review meetings to ensure the business is supported. You’ll also facilitate all pieces of the inventory, procurement, and shipping, such as monitoring requisitions and inventory levels, ensuring service levels are being met, making sure the process works seamlessly, and more.
Some of your specific tasks will be to:
- Manage the material and inventory control, shipping, receiving and tactical purchasing staff.
- Develop, implement and maintain strategic purchasing plans to meet the production plan and customer demand. Assure all steps in the procurement process are followed with extreme accuracy to avoid economic loss and customer dissatisfaction.
- Maintain proper inventory levels for all raw materials and spare parts.
- Lead continuous improvement opportunities to improve upon total cost and address issues with supplier performance.
- Negotiate and write contracts as needed to purchase goods and services.
- Identify, analyze and solve supply problems.
- Create, maintain and manage metrics to ensure customer satisfaction and overall group performance.
- Develop in-depth knowledge of key material market suppliers and cost infrastructure.
- Provide rigorous analysis of spend data to prioritize and launch sourcing initiatives within designated spend categories.
- Manage supplier relationships and performance to meet company expectations and objectives.
- Partake in MRB (Material Review Boards) as required.
- Make recommendations and improvements to increase effectiveness and efficiency in quality, cycle time, and cost.
- Ensure production materials are brought into the stockrooms in conjunction with the Approved Vendor List (AVL).
Pictured: IQE offers the wireless market a unique breadth and depth of technology, which has helped us become the clear market leader with an estimated global market share of more than 50%.
What's in it for you?Professional development
Whatever your background, you’ll have opportunities to learn new processes and technologies in this role. We encourage everyone to work to the top of their skillset, and offer cross-training when possible. While you’ll begin locally, as you grow in the role you’ll expand your global-facing work, and will become a key part of bridging the overall organization with the local operations. This will open you up to make a large, positive impact as you make connections across the wider organization, and put you in a strong position when it’s time to take your next career step with the company.
We are a respected industry leader undergoing strong growth, both organically and through strategic acquisitions. We are the largest independent Epi foundry in our industry and work with virtually every large semiconductor company in the world. With a strong reputation for quality and a commitment to remain on the cutting-edge, resulting in new products that are in high demand, we continue to grow and evolve. In fact, our stock reflects our advancement and has been steadily climbing.
Across the Taunton facility, you will find that people work well together, in large part because of the site-wide comradery. Daily management meetings will keep everyone on the same page, and give you plenty of opportunity to develop strong relationships. Across the wider organization, people are willing to help, and are generous in sharing knowledge. Everyone shares a commitment to learning and growing, individually and as a team.
Because of the technical nature of our business, you’ll be exposed to highly intelligent people working on cutting-edge products. This is interesting science that team members are passionate about. We think you’ll find our environment both interesting and stimulating. It will keep you on your toes.
In addition to a competitive salary and bonus opportunity, we offer an outstanding benefits package including medical, dental, vision and other insurances; a 401(k) plan with company match; paid time off and more.
Pictured: IQE’s epitaxial technologies and materials science can transform the solar energy landscape. Solar cells utilizing concentrated photovoltaic (CPV) semiconductors provide the most efficient solution by using multiple layers of finely tuned materials to absorb sunlight across a wider range of wavelengths.
Keys to SuccessYour technical expertise will be essential, but possibly even more important will be your communication and interpersonal skills. On a regular basis you’ll need to effectively communicate between a variety of stakeholders, ensuring supply chain understands the needs of site operations, and that key stakeholders are supported while company standards and procedures are being followed.
In addition, the following elements will determine your success at IQE:
- Hands-on management: This is not a role where you’ll be able to manage from your office. We run lean, so you’ll be side-by-side with the team, and will even need to know the job well enough to be able to take over if team members are on vacation.
- Ownership: From taking initiative to being accountable for your efforts, you will need to own your responsibilities, consistently providing top notch work, collaborating with teammates as appropriate, and communicating with the team and leadership. You’ll need to be a driver who owns the function.
- 24/7 mindset: Our operations run 24 hours a day, seven days per week. While your working hours will generally be business hours Monday through Friday, you’ll need to have the mindset that the operations are always running, and you have a responsibility even when you’re not in the office.
- Go-getter: There is plenty of opportunity to put strong systems in place, but it will take the kind of person who embraces problem solving. When you see a possible issue, rather than bringing your supervisor the problem, you’ll come with solutions.
- Flexibility: You’ll need to be comfortable coming into an environment where there is still work to do in terms of systems and processes. The right fit for this role will embrace that, drawing on your entrepreneurial spirit to make things the best they can be.