- Develop and execute mid-to-long-term sourcing strategies (1–3 years) align with cost targets (should-cost models, benchmarks), technology roadmap and demand forecasts.
- Cost optimization by driving price negotiations, cost breakdown analysis and deliver annual savings target and cost avoidance during inflation cycles
- Lead discussions on contract management for long-term agreements.
- Supplier commercial management through volume allocation strategies, payment terms optimizations affecting cash flow
- Supplier management and development by identifying key/critical suppliers, single-source risks
- Drive supplier segmentation (Strategic/ Preferred/ Approved/ Exit Plan management.
- Monitor supplier performance through cost competitiveness, delivery performance, quality (with SQA)
- Lead Quarterly Business Reviews and supplier improvement programs together with SQA
- Cross functional integration which is critical for success by having the alignment with planning on inventory and supply risk balance and allocation decisions during shortages
- Ensures supplier qualification including dual sourcing activities by collaboration with Engineers and SQA
- Leadership and governance by managing the stakeholders including Operations, Finance, Engineering and Executive Leadership. Translate strategy into clear actions for each team.
- Governance and compliance by ensuring ethical sourcing, contract compliance and policy adherence
Skills Required
- Experience in sourcing strategies and cost optimization
- Leadership and stakeholder management skills
- Knowledge of supplier management and development
Vishay Intertechnology Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vishay Intertechnology and has not been reviewed or approved by Vishay Intertechnology.
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Healthcare Strength — Health, dental, and vision insurance are consistently included, and coverage is described as good in multiple locations. Employee assistance and wellness initiatives further reinforce the core medical offering.
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Retirement Support — A 401(k) with company match is part of the standard U.S. package, providing structured retirement savings support. Legacy pension arrangements are frozen, making the 401(k) the primary vehicle for retirement benefits.
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Leave & Time Off Breadth — Paid holidays, vacation, and sick leave are part of the offering across sites. PTO and occasional flexibility contribute to a manageable work‑life rhythm.
Vishay Intertechnology Insights
What We Do
Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech™ Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com. Vishay offers a comprehensive suite of benefit programs including health care coverage, financial support programs and other resources designed to help you achieve your personal and professional goals. With us, you'll experience unique career paths, an open and collaborative culture, a stable business that will be there for you, and opportunities to work globally and locally. Do you have the skills we need? Are you ready to power your career as you power the world? If so, apply today. It is the policy of Vishay to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws. As an equal opportunity employer, Vishay is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact [email protected] assistance. Equal Opportunity Employer
