PsiQuantum

Senior Engineering & NPI Buyer

PsiQuantum$138K — $162K *
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Supply Chain, Operations Management, General Business or similar field.
  • 5+ years' experience in procurement or supply chain in a high-tech or R&D setting.
  • Strong negotiation and expediting skills.
  • Project and schedule management capabilities.
  • Excellent problem-solving and organizational skills with attention to detail.
  • Preferred experience in a fast-paced start-up environment.
  • Familiar with ERP systems, preferably NetSuite.

Responsibilities

  • Execute purchases for Engineering and NPI goods, focusing on cost, quality, and delivery targets.
  • Monitor shipments to ensure on-time delivery and troubleshoot any issues.
  • Review purchase requests for compliance and issue Purchase Orders accordingly.
  • Evaluate suppliers based on multiple criteria like price, quality, and reliability.
  • Act as a liaison between suppliers and relevant internal teams on purchasing processes.
  • Prepare reports and updates as necessary to monitor procurement performance.
  • Negotiate vendor agreements, contracts, and identify opportunities for cost-saving improvements.

Benefits

  • Eligibility for equity options in addition to base compensation.
  • Comprehensive health, dental, and vision insurance.
  • Generous paid time off policy.
  • Retirement savings plan with company match.
  • Flexible working hours and potential for remote work arrangements.
Full Job Description
Job Summary:

The Engineering and New Product Introduction (NPI) Buyer is responsible for expeditious selecting suppliers and executing Purchase Requisitions and Purchase Orders for materials, components, sub-assemblies, assemblies, machinery, equipment, tools, supplies, and / or services necessary for the operation and deployment of PsiQuantum's Linear Optical Quantum Computer. This role will be responsible for driving short lead-times, on-time delivery, cost reduction, while building strong supplier relationships. As then Engineering and NPI Buyer, you will be negotiating with suppliers, develop strategic plans for sourcing material, reporting on delivery, analyzing supplier performance, expediting material, and sourcing parts from appropriate suppliers.

Responsibilities:
  • Execute the purchase of Engineering and NPI goods, materials, components, sub-assemblies, assemblies, equipment, and / or services in line with specified cost, quantity, quality, and delivery targets.
  • Monitor shipments to ensure timely delivery and resolve problems related to undelivered goods.
  • Review purchase requests for goods and services for compliance to PsiQuantum procedures and policies, and then prepare and issue Purchase Orders.
  • Evaluate suppliers based on price, quality, selection, service, support, availability, reliability, delivery, and production capabilities.
  • Act as an interface between suppliers and other relevant departments on purchasing processes and new projects and activities.
  • Prepare reports and updates as and when required.
  • Work closely with others in the Supply Chain team and ensure the continuous improvements of quality, service, and cost.
  • Negotiate pricing, vendor agreements and contracts, terms, and review opportunities to cost savings and quality improvements utilizing negotiation and procurement best practice tools and methods.
  • Solicit RFQ, RFP, and quotes for review / analysis process.
  • Build, maintain and manage supplier relationships and keep up good communications.
  • Ability to compile data and perform analysis relating to supplier performance and capabilities to enable evaluation and qualification in the supply chain process.
  • Contact suppliers to resolve price, quality, delivery, or invoice issues.
  • Other duties and responsibilities as assigned.

Experience/Qualifications:
  • Bachelor's Degree in Supply Chain, Operations Management, General Business, or similar field.
  • 5+ years' experience working in procurement, supply chain or related role in an R&D or high-tech environment.
  • Strong negotiation and expediting experience.
  • Project management and schedule management skills desired.
  • Strong problem-solving skills, organizational skills, and attention to detail.
  • Experience in a fast-paced and demanding start-up environment preferred.
  • Experience with ERP system, NetSuite preferred.
  • Familiar with procurement tools and processes.

We are not accepting unsolicited resumes from employment agencies.

The ranges below reflect the target ranges for a new hire base salary. One is for the Bay Area (within 50 miles of HQ, Palo Alto), the second one (if applicable) is for elsewhere in the US (beyond 50 miles of HQ, Palo Alto). If there is only one range, it is for the specific location of where the position will be located. Actual compensation may vary outside of these ranges and is dependent on various factors including but not limited to a candidate's qualifications including relevant education and training, competencies, experience, geographic location, and business needs. Base pay is only one part of the total compensation package. Full time roles are eligible for equity and benefits. Base pay is subject to change and may be modified in the future.

U.S. Base Pay Range

$100,000-$145,000 USD

Bay Area Pay Range

$138,000-$162,000 USD

About PsiQuantum

PsiQuantum is a California-based company that is developing a quantum computer using photonics technology. The company's goal is to build a fault-tolerant quantum computer with millions of qubits, which would be capable of solving problems that are currently intractable with classical computers. PsiQuantum was founded in 2016 by a team of experts in photonics, quantum computing, and computer science. The company has received funding from investors such as BlackRock, Founders Fund, and Atomico.
Learn more about PsiQuantum
Size
100 employees
Industry
Founded
2016

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