Lam Research

Strategic Commodity Manager 5

Lam Research • $120K — $145K *
Manufacturing & Automotive
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years of experience with a Bachelor's, 8 years with a Master's, or 5 years with a PhD; equivalent experience is also acceptable.

Responsibilities

  • Develop and implement sourcing strategies for critical parts with volume suppliers.
  • Recommend supply chain strategies, including mergers, acquisitions, and insourcing.
  • Collaborate cross-functionally on product management and technology developments.
  • Maintain supplier core competencies for business requirements.
  • Manage business continuity and supply-demand plans.
  • Negotiate contracts, including IP and volume purchase agreements.
  • Develop and execute cost savings plans with engineering teams.

Benefits

  • Hybrid work location models including 'On-site Flex' and 'Virtual Flex'.
  • Investment in professional development and life phases with comprehensive benefits.
Full Job Description
The impact you'll make

At Lam, as a Strategic Commodity Manager, you play a crucial role in managing industry suppliers. You'll develop and implement commodity strategies, align development deliverables, benchmark suppliers, negotiate agreements, and resolve delivery, cost, and production challenges. Navigating a highly visible and dynamic environment, your strategic expertise in implementing initiatives will support commodity availability, quality, and cost to maintain Lam's reliability and competitive edge.

What you'll do

  • Represents global supply chain strategic commodity management by developing and aligning sourcing strategies for critical parts with volume suppliers and establishing supplier categorization.
  • Recommends supply chain strategies for critical commodities and technologies, including mergers and acquisitions, joint ventures, insourcing, and partnerships, supported by clear ROI-based proposals.
  • Works cross-functionally with product management, engineering, and product group teams on key roadmap objectives and technology developments within the supply chain.
  • Develops and maintains supplier core competencies to support local and global business requirements.
  • Develops, owns, and actively manages business continuity and supply-demand continuity plans.
  • Negotiates contracts, including IP agreements and volume purchase agreements, and identifies and executes pricing inflection points.
  • Manages Lam liabilities at suppliers through claims and balance sheet review processes.
  • Establishes fair value for part costs and actively negotiates or structures agreements to maintain fair value.
  • Develops and owns the execution of cost savings plans, including alternate sourcing, supply chain restructuring, and design-based savings projects in partnership with engineering teams.
  • Supports and improves supplier performance through supplier scorecards and quarterly review processes.
  • Encourages and coordinates early supplier involvement in new product designs, leveraging supplier expertise to optimize quality, cost, and manufacturability.
  • Leads and supports cross-functional commodity management teams to ensure strategic and operational alignment.
  • Regularly evaluates cost, technology, and quality performance benchmarks, as well as the risks associated with sourcing strategies.
  • Develops and applies a strategic commodity plan to define a preferred supplier base for assigned commodities.


Who we're looking for

  • Minimum of 12 years of related experience with a Bachelor's degree; or 8 years and a Master's degree; or a PhD with 5 years experience; or equivalent experience.


Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories - On-site Flex and Virtual Flex. 'On-site Flex' you'll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. 'Virtual Flex' you'll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.

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Our Perks and Benefits

At Lam, our people make amazing things possible. That's why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.

About Lam Research

Lam Research Corporation (Lam Research) is a supplier of wafer fabrication equipment and services to the worldwide semiconductor industry. Lam Research designs, manufactures, markets, refurbish, and services semiconductor processing equipment used in the fabrication of integrated circuits. The Company’s etch and clean technologies enable customers to build integrated circuits. Its etch systems shape the microscopic conductive and dielectric layers into circuits that define a chip’s final use and function. Its Customer Support Business Group (CSBG) provides products and services to maximize installed equipment performance and operational efficiency. Its customer base includes semiconductor memory, foundry, and integrated device manufacturers (IDMs) that make DRAM, NAND, and logic devices for these products.

Lam Research Careers

Joining Lam Research offers a unique opportunity to enhance your career at a leading global company at the forefront of innovation and technology in the semiconductor industry. Work You’ll Do At Lam Research, we are committed to advancing the technology landscape through continuous innovation and leadership. Our team of professionals is dedicated to pushing the boundaries of what's possible, making us a pivotal player in the semiconductor industry. By joining our team, you will collaborate with some of the brightest minds in the field, contributing to projects that significantly impact future technology. Transform Your Career Lam Research stands at the intersection of technology, innovation, and leadership. We offer job opportunities that challenge you to excel and push your limits. Our culture fosters growth and embraces diversity, ensuring that every team member can thrive professionally and personally. Join our dynamic team and be part of a company known for its groundbreaking work in developing equipment and services that drive the production of virtually every leading-edge chip in the world. Professional Growth and Development We believe in nurturing the professional growth of our employees by providing ample opportunities for career advancement through leadership and diversity training programs. Our commitment to your career is reflected in our robust benefits package, designed to support you and your family’s health, well-being, and financial future. Internship and Employment Opportunities Start your career path at Lam Research with our internship programs, which offer a hands-on experience in the semiconductor industry. Interns work closely with experienced mentors, gaining invaluable skills and knowledge that prepare them for full-time positions within our company. For seasoned professionals, we offer a variety of positions that leverage your skills to contribute to our mission of continuous improvement and innovation. We are always looking for curious, creative, and driven individuals to join our team. Inclusive Culture and Networking Lam Research is dedicated to creating a diverse and inclusive environment where all employees can thrive. Our culture encourages networking and collaboration, allowing you to connect with colleagues and industry leaders who are as passionate about technology and innovation as you are. Applying at Lam Research Ready to take the next step in your career? Explore the job opportunities at Lam Research by visiting our Careers page. Tailor your resume to highlight your relevant experience and skills, and prepare for an interview that could lead to a multitude of rewarding career paths with us. Stay Connected Keep up to date with the latest company news, employment trends, and career tips by joining our community. Subscribe to receive updates that can help you navigate your professional journey at Lam Research. Join Our Team Search open positions that match your skills and interests. We look for passionate, innovative, and solution-driven team players. Start your journey with Lam Research today, where your work isn’t just a job—it’s a pathway to personal and professional fulfillment. SEARCH LAM RESEARCH JOBS Discover the opportunities waiting for you at Lam Research, where we turn today’s innovations into tomorrow’s technologies.
Learn more about Lam Research
Size
14,100 employees
Market Cap
$54.8 billion
Industry
Net Income
$2.9 billion
Founded
2013
5 Year Trend
+16.5%
Revenue
$11.9 billion
NASDAQ

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