Principal Analyst Procurement
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
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