Senior Manager, Strategic Sourcing and Procurement

About the role We are seeking a highly strategic and results-driven Senior Manager, Strategic Sourcing and Procurement to lead sourcing and supplier management initiatives including, but not limited to engineering, product development and technical operations. This role will be responsible for developing procurement strategies, managing key supplier relationships, negotiating commercial agreements, and driving operational efficiencies across corporate and business operations spend categories. The successful candidate will serve as a trusted advisor to business leaders across Finance, Human Resources, IT, Legal, Engineering, and Operations. This individual will establish scalable procurement processes, improve spend visibility, mitigate supplier risk, and drive measurable value creation as Credo continues to grow. Base salary range is $160,000 - $210,000 a year. The base salary offer will depend on factors such as education, experience, training, skills, qualifications, and location. This position is also eligible for a discretionary bonus, equity and a full range of medical and other benefits. Why Credo Purpose: We invest in what matters. From meaningful-future shaping projects to competitive compensation, we empower you to grow your career while making a lasting impact. People: Connection starts within. We collaborate, celebrate wins, and create an environment where everyone can do their best work. Possibilities: Our belief shapes what’s next. Our technology powers the most reliable and energy-efficient connections around the world – and our team powers new products and markets that come next. Qualifications Basic Qualifications Bachelor’s degree in Business, Supply Chain, Finance, or related field. 15+ years of progressive procurement, strategic sourcing, supply chain, or category management experience. Five years of leadership experience. Significant semiconductor industry experience supporting engineering, technical, manufacturing, R&D, technology, or product development organizations. Demonstrated success delivering measurable cost savings and negotiating complex agreements. Preferred Qualifications MBA or advanced degree. CPSM, CIPS, CPM, or equivalent certification. Experience with Coupa, NetSuite or other similar procurement systems. Responsibilities Supplier Management & Contract Management Build executive-level relationships with strategic suppliers and technology partners. Lead negotiations involving software, professional services, staffing, facilities, benefits, and other corporate services. Conduct supplier business reviews and drive continuous improvement initiatives. Partner with Legal to negotiate commercial terms, data privacy provisions, liability clauses, and risk management protections. Lead contract renewal and vendor consolidation initiatives. Develop supplier risk management and business continuity strategies. Strategic Sourcing & Category Management Develop and execute sourcing strategies aligned with Credo's growth objectives, technology roadmap, and financial goals. Build and lead a category management framework for engineering and technical spend categories. Lead competitive sourcing events, supplier selection activities, RFP/RFQ processes, and contract negotiations. Drive measurable cost savings, productivity improvements, and supplier-driven value creation initiatives. Establish sourcing governance, procurement policies, and spend management best practices. Develop multi-year sourcing roadmaps and category strategies that support business expansion. Engineering & Technology Procurement Partner closely with Engineering and Product Development teams to source and manage: EDA/CAD software and engineering applications. Cloud computing and development infrastructure. Semiconductor test equipment and laboratory systems. Product validation and reliability testing services. Engineering development hardware. Technical consulting and engineering services. Capital equipment supporting product development and…

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