Job Description
Cadence has an exciting opportunity for a Strategic Sourcing Specialist within their Hardware Systems Verification Supply Chain Team. This person will have the following responsibilities:
- Design and scale the overall supply chain to meet growing business demands, including sourcing strategy, cost management, and vendor governance.
- Develop and execute the sourcing strategy, eliminate supply chain risks, achieve operational performance, product quality, and customer satisfaction.
- Execute global strategic sourcing, including supplier selection, contract negotiation, and vendor management.
- Implement and oversee supply base cost management initiatives to drive value and maintain competitive advantage.
- Serve as a strategic advisor to executive management on procurement strategy, vendor risk, and cost optimization opportunities.
Requirements & Qualifications
- 15+ years of Supply Chain operational leadership experience in the electronic systems industry.
- Rich experience in nurturing long, sustainable relationships with suppliers. Deep networks established with vendors in the electronics market.
- Demonstrated ability to negotiate effectively, manage risks, drive COGs down, and achieve margin expansion.
- Strong background in procurement, subcontracts, material planning, and inventory operations.
- Strong financial and P&L management skills, with the ability to align supply chain strategies with overall business objectives.
The annual salary range for California is $144,200 to $267,800. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.
We’re doing work that matters. Help us solve what others can’t.Skills Required
- 15+ years of Supply Chain operational leadership experience in the electronic systems industry
- Rich experience in nurturing long, sustainable relationships with suppliers
- Demonstrated ability to negotiate effectively
- Strong background in procurement, subcontracts, material planning, and inventory operations
- Strong financial and P&L management skills
Cadence Design Systems Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cadence Design Systems and has not been reviewed or approved by Cadence Design Systems.
-
Equity Value & Accessibility — A discounted ESPP with a lookback feature and equity included in total compensation make ownership broadly accessible and potentially meaningful. Structured compensation at an industry leader adds predictability to equity participation.
-
Healthcare Strength — Medical, dental, and vision coverage are described as solid, with mental‑health/EAP and fertility support enhancing the offering. The breadth across core care and family‑building needs strengthens the healthcare package.
-
Leave & Time Off Breadth — Global Recharge Days, volunteer time off, and companywide breaks indicate a comprehensive time‑off framework. In addition, many salaried roles are described as having flexible or generous PTO policies.
Cadence Design Systems Insights
What We Do
Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence® software, hardware and IP are used by customers to deliver products to market faster. The company's Intelligent System Design strategy helps customers develop differentiated products—from chips to boards to intelligent systems—in mobile, consumer, cloud, data center, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine's 100 Best Companies to Work For.
.png){kind=logo}
