Altera is seeking a Senior Sourcing Manager – Indirect Procurement to lead strategic sourcing programs and supplier partnerships across key indirect spend categories! This role delivers measurable business impact through complex contract negotiations, supplier management, and category strategy in a fast‑paced semiconductor environment. You will drive cost efficiency, mitigate risk, and enable operational excellence across enterprise functions.
Key Responsibilities
Lead complex sourcing programs across IT, finance, HR, facilities, and operations to deliver new capabilities and improve service delivery.
Develop and execute category strategies across indirect spend areas (e.g., IT services, professional services, facilities, logistics).
Negotiate complex, high‑value contracts and commercial terms across multiple indirect categories.
Manage supplier relationships, including performance reviews, innovation initiatives, and continuous improvement.
Partner with cross‑functional teams to align sourcing strategies with business requirements and demand planning.
Monitor market trends and adjust sourcing strategies to address cost, risk, and supply continuity.
Drive cost savings, cost avoidance, and value creation through analytics, benchmarking, and supplier collaboration.
Collaborate with finance and legal to resolve supplier disputes and ensure compliance with procurement policies.
The pay range below is for Bay Area California only. Actual salary may vary based on a number of factors including job location, job-related knowledge, skills, experiences, trainings, etc. We also offer incentive opportunities that reward employees based on individual and company performance.
$149.1K - $215.9K USD
We use artificial intelligence to screen, assess, or select applicants for the position. Applicants must be eligible for any required U.S. export authorizations.
Must‑Have Skills (Required)
Extensive experience in indirect procurement / strategic sourcing across multiple categories.
Proven expertise in negotiating complex, high‑value contracts across categories such as IT services, professional services, facilities, and corporate services.
Deep understanding of contract structures, pricing models, terms & conditions, and risk allocation.
Demonstrated ability to lead end‑to‑end sourcing, supplier selection, and multi‑round negotiations with senior supplier stakeholders.
Strong experience in supplier relationship management, including performance, risk mitigation, and executive‑level engagement.
Advanced analytical capabilities including spend analysis, should‑cost modeling, and TCO (total cost of ownership) analysis.
Proven ability to influence cross‑functional stakeholders and drive alignment across finance, legal, and business teams.
Preferred Skills
Experience in semiconductor, technology, or manufacturing environments.
Familiarity with procurement and ERP systems (e.g., Oracle, Ariba, Coupa).
Experience managing global supplier portfolios and multi‑region sourcing strategies.
Knowledge of sustainability, regulatory compliance, and supplier governance frameworks.
MBA or advanced degree in supply chain, business, or related field.
Skills Required
- Extensive experience in indirect procurement / strategic sourcing across multiple categories
- Proven expertise in negotiating complex, high-value contracts
- Deep understanding of contract structures, pricing models, terms & conditions, and risk allocation
- Demonstrated ability to lead end-to-end sourcing and supplier selection
- Strong experience in supplier relationship management
- Advanced analytical capabilities including spend analysis and TCO analysis
- Proven ability to influence cross-functional stakeholders
Altera (altera.com) Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Altera (altera.com) and has not been reviewed or approved by Altera (altera.com).
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Retirement Support — Feedback suggests retirement programs are robust, with offerings such as a 401(k) and a pension. This breadth supports long-term financial security.
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Leave & Time Off Breadth — Feedback suggests time-off policies are generous, including PTO, paid sick days, and paid holidays. Wellness initiatives like gym memberships further support balance.
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Parental & Family Support — Feedback suggests parental leave is generous. Family-building support, including fertility benefits and adoption reimbursement, is highlighted as part of the package.
Altera (altera.com) Insights
What We Do
Altera: Accelerating Innovators Altera provides leadership programmable solutions that are easy-to-use and deploy in applications from cloud to edge, offering limitless AI possibilities. Our end-to-end broad portfolio of products including FPGAs, CPLDs, Intellectual Property, development tools, System on Modules, SmartNICs and IPUs provide the flexibility to accelerate innovation. Altera is helping to shape the future through pioneering innovation that unlocks extraordinary possibilities for everyone on the planet.
