Buyer

• Execute purchasing activities for assigned commodities, materials, and services
• Create and manage purchase orders to support timely material availability
• Coordinate procurement activities with Teradyne contract manufacturers to support production schedules
• Monitor demand, inventory, shortages, supplier delivery, and material availability
• Support New Product Introduction (NPI) builds by coordinating material readiness, supplier commitments, and delivery schedules
• Partner with engineering, planning, operations, and contract manufacturing teams on prototype, pre-production, and production ramp activities
• Identify and mitigate supply risks affecting NPI build schedules
• Collaborate with planning, manufacturing, engineering, operations, finance, supplier quality, and global teams
• Analyze purchasing trends, supplier performance, inventory requirements, and supply risks
• Support cost reduction, supplier optimization, business continuity, and continuous improvement initiatives
• Resolve supply chain, logistics, quality, and material issues
• Maintain accurate procurement records and follow company policies and procedures
• Support supplier onboarding, qualification, performance reviews, and relationship management
• Collaborate effectively in a remote environment

• Lead competitive sourcing events, including RFQs, bid analysis, and supplier selection
• Negotiate pricing, commercial terms, and delivery conditions with suppliers
• Develop purchase orders, contracts, and service agreements
• Ensure compliance with procurement policies, delegated authority, and governance standards
• Manage the full procure-to-pay lifecycle from requisition to purchase order closure
• Monitor order status and expedite deliveries
• Manage purchase order changes, deviations, and supplier acknowledgments
• Coordinate with Accounts Payable to resolve invoice discrepancies
• Maintain procurement data in ERP systems
• Serve as a primary contact for suppliers and internal customers
• Build stakeholder relationships and ensure service levels
• Support supplier performance monitoring and continuous improvement
• Collaborate with logistics, finance, and project management teams
• Track deliveries and communicate updates
• Support inspection, receiving, and reconciliation processes
• Develop and maintain procurement reports and dashboards
• Analyze spend data, supplier performance, and operational metrics
• Identify cost savings, efficiency improvements, and process optimization opportunities
• Identify and escalate procurement risks and supply chain issues
• Support process improvement initiatives and procurement best practices
• Contribute to cost reduction