Agency - Material Program Manager

ABOUT ADVANCED ENERGY Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado. WHY BE A PART OF ADVANCED ENERGY? Some people say it’s like working in the best of two worlds. We operate like an agile, growing, small company – you can see your work make a difference to the company every day. Things move quickly and you can see and feel it. At the same time, we’re a global company founded in 1981 and have been publicly traded for more than 28 years. We have a strong cash position, deep trust and partnership with leading customers, a global best-in-class operations capability, and a proven leadership team. We have a track record and resources to make things happen both organically and inorganically. Being part of a nimble company with a solid foundation attracts team members that are capable, driven and like a challenge. Our employees collaborate and know how to have fun inventing, working, building and winning together. At our core, we are Advanced Energy – powering the future, together. POSITION SUMMARY: A Material program Manager is a self-motivated project leader who can drive a cross-functional team to meet the demands and Supply Chain deliverables Of a dynamic product Development project. The MPM will be challenged to provide thorough analysis of the material program performance and drive the decisions that ensure success of the Supply Chain portions of a program. Collaborates with PDP teams to effectively introduce new products to the market, focusing specifically on meeting deliverables related to prototype material availability, material costs, long- term sourcing, risk management, ramp readiness, and release to Operations. Also responsible for optimization of Engineering Inventory and project material liabilities. Acts as the materials point-of-contact for the PDP team and represent Engineering interests in interactions with the Operations & Supply Chain teams. RESPONSIBILITIES: New product material costs - models accurate material costs based on introductory and run-rate volumes. Identifies, understands, and articulates the value chains & cost drivers. Drives toward optimal material costs with suppliers, Commodity teams, and Design teams Sourcing plans to appropriately support prototype, NPI, production ramp, and long-term production. This includes both influencing and adhering to Commodity Management strategies for sourcing & supply base management Identification and mitigation of long-term Supply Chain risks presented by new designs Execution of Supply Chain deliverables required to release a product to Production Develop and implement process improvements to continually increase efficiency of the team and accuracy of information Interacts with suppliers to ensure appropriate support & execution during PDP, including taking an active role in supplier identification, selection, and performance management Participates in development of overall objectives and strategic goals for NPI and Supply Chain Program Engineering Inventory — adheres to best practices for procurement and inventory disposition decisions to optimize Engineering inventory and drives best practices with team members. Ensures appropriate inventory strategies are implemented in conjunction with Operations to enable release and ramp to Production. Communicates to the Operations/Supply Chain teams key project milestones and requirements Reviews Engineering Changes (ECOs) and evaluates materials/Supply Chain impact Facilita…

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