Join a new multibillion-dollar global company that brings together amazing technology, people, and operational scale to become a powerhouse in the memory industry.
In a transaction valued at $9B, Intel Corporation is spinning-off its NAND Memory Business—a global leader in the design and manufacture of integrated circuits and solid-state drives (SSDs) for use in data centers, personal computers, and other devices—to form an independent company that will be a subsidiary of parent company SK hynix.
The new company will be headquartered in San Jose, California, with aspirations to conduct an IPO and become a publicly traded U.S. company. As the current head of Intel’s Memory Business, Rob Crooke will lead the new company as CEO, with a number of Intel executives and senior leaders joining him to stand-up and grow the new company. The new venture combines elements of an established, successful Silicon Valley technology company with the spirit, agility, and entrepreneurial mindset of a start-up.
In addition to the U.S. headquarters and other facilities in the U.S., the company has a significant international presence in Asia, Europe, and the Americas. The newly formed company will continue to lead the world in innovating new Memory technologies and will soon be the second largest NAND memory company in the world by revenue.
You can be part of the takeoff at the start of a fast-growing business that develops products and solutions that deliver strong business value for customers, an engaging workplace for employees, and a greater impact on the world. Our goal is simple: Grow at an unprecedented rate and become the best memory solutions company in the world.
Preferred locations: Phoenix, AZ or Folsom, CA
This role reports to the Manager of Indirect Procurement. Indirect Procurement is a function within the broader Global Supplier Management group. GSM will be built from the ground up as NewCo transitions into a standalone organization (the parent company is based in South Korea). The IndirectStrategic Sourcing Manager will be responsible for strategic sourcing for IT The high-level responsibilities are:
Develop and implement both long and short-term enablement strategies and policies.
Build lasting relationships with the supplier ecosystem while ensuring best-in-class ramp execution, leveraging the ecosystem to maximize business and customer value
Support and lead on complex negotiation with suppliers
Manage group activities related to contracts, vendor/supplier ability to meet specifications, and the purchase of raw materials, equipment, tools, parts, services and supplies.
Manage the compilation and analysis of statistical data, trend and process tracking and record keeping.
Develop and implement competitive ramp strategies with effective use of industry benchmarks and metrics to set credible and aggressive targets.
Execute supply chain management to ensure adherence to contractual commitments – proactively monitoring key performance metrics – and implement effective corrective actions to address deviations
- Experience in indirect procurement activities
- Experience in M&A - Experience in an international organization - Experience in semiconductor industry - Bachelor's Degree in supply chain or related field
SK hynix will present a valuable future to stakeholders, including customers, partners, investors, communities, members, and so on through Global Tech Leadership, thereby enriching and further developing the global ICT industry. We are also sharing our expertise and experience in the semiconductor field gained from the establishment of our “We Do Tech Center” along with investments in technical cooperation for our partners, thereby striving to boost the semiconductor ecosystem.
Moreover, we will create more economic/social value by empathizing with future generations rather than simply pursuing economic profits, giving priority to social value, and reinforcing ESG management which aims for healthy corporate governance. With this starting point for innovation, we intend to become a “Great Company” that contributes to both humanity and society.