Principal Analyst Procurement

Posted Yesterday
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Bengaluru North, Yelahanka, Bengaluru Urban, Karnataka, IND
In-Office
Expert/Leader
Semiconductor • Manufacturing
The Role
Manage indirect procurement and strategic sourcing for MRO materials, spare parts, equipment, and services. Lead RFQs, supplier evaluations, negotiations, contract management, purchase order reviews, and source-to-pay support. Analyze spend, optimize catalogs, identify savings, support category strategies, and ensure procurement compliance. Partner with global stakeholders, suppliers, Legal, Finance, and operations to improve supply continuity, supplier performance, and procurement processes.
Summary Generated by Built In

Job Title: Principal Analyst Procurement

About GlobalFoundries

GlobalFoundries is a leading full-service semiconductor foundry providing a unique combination of design, development, and fabrication services to some of the world’s most inspired technology companies. With a global manufacturing footprint spanning three continents, GlobalFoundries makes possible the technologies and systems that transform industries and give customers the power to shape their markets. For more information, visit www.gf.com.

Introduction:

Perform activities related to Indirect Procurement to support Global operations.
Typically performs one or more of the following in capacity of an Individual Contributor.

Your Job:

Strategic Sourcing & Procurement

  • Manage sourcing activities for MRO materials, spare parts, equipment, and related services supporting GF manufacturing and operational sites.
  • Partner with internal stakeholders to understand business requirements and develop sourcing strategies that balance cost, quality, service, and risk.
  • Lead RFQ/RFP/RFI activities, supplier evaluations, bid analyses, and award recommendations.
  • Identify cost savings, supplier consolidation opportunities.

Supplier & Contract Management

  • Support supplier selection, onboarding, and performance management activities.
  • Ensure all procurement activities comply with GF policies and contractual requirements.
  • Review and manage commercial agreements including:
    • NDA (Non-Disclosure Agreements)
    • GSA (General Service Agreements)
    • SOW (Statements of Work)
    • Pricing Agreements
    • Supplier Contracts
  • Track contract renewals and ensure timely completion of renewal and extension activities.

Procurement Operations & Stakeholder Support

  • Review and validate purchase requisitions and purchase orders for completeness and approve.
  • Support stakeholders throughout the Source-to-Pay (S2P) lifecycle.
  • Collaborate with Procurement Operations, Legal, Finance, SMDM, and business functions to resolve sourcing and supplier-related issues.
  • Provide procurement guidance and market intelligence to stakeholders.
  • Quick attention to pull in the delivery dates and work with supplier when tool down.

Category Management Support

  • Partner with Global Category Lead to execute category strategies and drive continuous improvement initiatives.
  • Support supplier rationalization, risk assessments, supplier diversity, sustainability, and supply continuity programs.
  • Conduct market research and benchmarking analysis to support strategic decisions.

Catalog & Data Analytics

  • Manage and optimize catalogs and punchout solutions to improve user experience and spend compliance.
  • Analyze spend data and purchasing trends to identify sourcing opportunities and process improvements.
  • If required to develop reports, dashboards, and presentations for management reviews using procurement and business intelligence tools.

Compliance & Governance

  • Ensure adherence to procurement policies, internal controls, and audit requirements.
  • Support Environmental, Health, Safety, Security (EHSS), and sustainability initiatives.
  • Maintain accurate procurement documentation and records.

Systems Knowledge:

Experience with:

  • SAP / SAP Ariba (Required)
  • Icertis Contract Management
  • ServiceNow
  • Workday
  • Concur
  • Microsoft Excel, PowerPoint, and Word

Industry Experience

  • Semiconductor industry experience preferred.
  • Experience supporting manufacturing, industrial, engineering, or technology environments is highly desirable.
  • 6-10 years of experience.

Skills & Competencies

  • Strong commercial and negotiation skills.
  • Excellent stakeholder management and communication abilities.
  • Strong analytical, reporting, and data interpretation skills.
  • Ability to manage multiple priorities in a fast-paced global environment.
  • Self-motivated with a continuous improvement mindset.
  • Strong collaboration and influencing skills across global teams.

Work Requirements

  • Ability to support stakeholders across global regions.
  • Working hours aligned to the US time zone: 5:30 PM – 2:30 AM IST
  • Hybrid/Remote working arrangements subject to business requirements.
  • Availability to work from office during management visits, trainings, workshops, or business-critical activities.

GlobalFoundries is an equal opportunity employer, cultivating a diverse and inclusive workforce. We believe having a multicultural workplace enhances productivity, efficiency and innovation whilst our employees feel truly respected, valued and heard. As an affirmative employer, all qualified applicants are considered for employment regardless of age, ethnicity, marital status, citizenship, race, religion, political affiliation, gender, sexual orientation and medical and/or physical abilities. All offers of employment with GlobalFoundries are conditioned upon the successful completion of background checks, medical screenings as applicable and subject to the respective local laws and regulations.

To ensure that we maintain a safe and healthy workplace for our GlobalFoundries employees, please note that offered candidates who have applied for jobs in India will have to be fully vaccinated prior to their targeted start date. For new hires, the appointment is contingent upon the provision of a copy of their COVID-19 va

 

Information about our benefits you can find here: https://gf.com/about-us/careers/opportunities-asia

 

Skills Required

  • Experience with SAP and SAP Ariba
  • 6-10 years of professional experience
  • Strong commercial and negotiation skills
  • Strong analytical, reporting, and data interpretation skills
  • Excellent stakeholder management and communication abilities
  • Ability to manage multiple priorities in a fast-paced global environment
  • Ability to support stakeholders across global regions
  • Ability to work US-aligned hours from 5:30 PM to 2:30 AM IST
  • Semiconductor industry experience
  • Experience supporting manufacturing, industrial, engineering, or technology environments
  • Experience with Icertis Contract Management, ServiceNow, Workday, and Concur
  • Experience with Microsoft Excel, PowerPoint, and Word

GlobalFoundries Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about GlobalFoundries and has not been reviewed or approved by GlobalFoundries.

  • Healthcare Strength Comprehensive medical, dental, vision, life, disability, and mental health support is presented as a meaningful part of the package. Wellness programs and an Employee Assistance Program add to the sense of broad health coverage.
  • Retirement Support A 401(k) with matching from day one and access to an employee stock purchase program are positioned as notable financial benefits. Retirement provisions are repeatedly framed as a strong counterweight to other compensation concerns.
  • Leave & Time Off Breadth Time-off provisions are described as generous, including high annual vacation accrual, dedicated sick time, and additional personal days. Extended paid parental leave frameworks are also outlined as a substantial leave benefit.

GlobalFoundries Insights

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The Company
HQ: Malta, NY
12,676 Employees
Year Founded: 2009

What We Do

GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development, and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com. GlobalFoundries is an Equal Employment Opportunity/Affirmative Action (EEO/AA) employer Minorities/Female/Disabled/Veteran (M/F/D/V).#CB

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