Procurement Director

Responsibilities

The Procurement Director will lead the company's procurement function by developing strategic sourcing initiatives and managing both direct and indirect procurement. They are responsible for negotiating contracts, optimizing costs, and collaborating with cross-functional teams to ensure a reliable supply chain.

Requirements

Candidates must possess a bachelor's degree in engineering or business, with an MBA preferred, and at least 10 years of experience in procurement within a global, multi-disciplinary industry. Strong negotiation, analytical, and leadership skills are essential for this role.

Skills

• Strategic Sourcing
• Supplier Management
• Contract Negotiation
• Cost Analysis
• Supply Chain Management
• Risk Management
• Team Leadership
• Procurement Strategy
• Vendor Management
• Analytical Skills
• Strategic Thinking
• Communication
• Problem-solving
• Cross-functional Collaboration
• Performance Management

About this role

The Global Supply Chain and Operations departments at Nova are seeking an exceptional Procurement Director to lead the company’s procurement function and drive strategic sourcing initiatives across the organization.
This role oversees both direct procurement, covering materials and components used in product manufacturing, and indirect procurement, covering goods and services that support business operations, such as facilities, IT, and other corporate functions.
The Procurement Director will be responsible for developing and executing procurement strategies, managing supplier relationships, optimizing costs, and collaborating with cross-functional teams across multiple departments and divisions to meet production and business objectives.
This position plays a critical role in ensuring a reliable and efficient supply of materials, components, and services, directly contributing to operational excellence, product quality, cost efficiency, and Nova’s overall business success.

Pay Range: $ 210,000 - $240,000 Annually (DOE)

Nova provides insights into process control in the world’s most technologically advanced industry. We employ physics, mathematics, algorithms, software and hardware expertise to redefine the limits of what is possible in semiconductor manufacturing.
We invite you to join our dreamers and winners and brilliant high- aimers who see impossible as the starting point to exciting challenges, and work together in multidisciplinary global teams to find answers.
We dive deep to extract unique insights and provide our customers and partners with crucial decision-making data. Each and every one of us helps redefine what people can achieve through technology.
We simply do things differently. What about you?

Role Responsibilities
Strategic Sourcing and Supplier Management: Develop and implement procurement strategies, vendor relationship, to ensure cost-effective and timely acquisition of materials. Negotiate contracts, pricing, and terms to achieve optimal value and supply security.
Cross-functional Collaboration: Work closely with R&D, manufacturing, legal & other related departments to understand material requirements, specifications and legal aspects.
Cost Management and Optimization: Conduct cost analysis to identify cost-saving opportunities and implementation.
Risk Management: Identify and mitigate risks related to supply chain disruptions, material shortages, and quality issues.
Compliance and Standards: Ensure all procurement activities comply with company policies, industry regulations, and ethical standards. Measurement of procurement activities and supplier performance.
Team Leadership: Lead and develop a team of procurement professionals, providing guidance, training, and performance management. Foster a collaborative and high-performance team culture.

Requirements
Bachelor’s degree in engineering fields, Business Administration, or a related field; MBA or advanced degree preferred.
Extensive 10 years of experience in managing procurement team in multi-disciplinary industry within a global company - Must
Strong negotiation, analytical, and strategic thinking skills - Must
Excellent leadership and team management capabilities.
In-depth knowledge of supply chain management, vendor management, and contract negotiation.
That special something you bring in
Excellent communication, presentation, and interpersonal skills, with the ability to influence and engage at all levels of the organization.
Strong analytical skills with the ability to interpret complex data and translate it into actionable strategies.
Ability to think creatively and strategically, with an excellent problem-solving mindset.

Get to know us better:
Nova (NASDAQ: NVMI) is a global company and a leading provider of innovative metrology solutions for process control in semiconductor manufacturing.
With a team of ~1200 people in three R&D centers and 27 field offices, we bring insights into the world’s most advanced industry. We leverage multiple technology fields such as physics, optics, chemistry, and algorithms to develop hardware and software solutions that measure almost every advanced computer chip built in the world.
Nova dives deep into dimensions and layers at the atomic level to extract unique insights and provide our customers with crucial decision-making data, managing critical challenges by providing unique, differentiated solutions.
Our outstanding people-focused and innovative culture means every person at Nova has the power to make an impact and significantly redefine what people can achieve through technology.
Join us if you are
A dreamer and brilliant high aimer who sees the impossible as the starting point and loves working in a multidisciplinary global team to create innovative breakthroughs.
If you need assistance due to a disability, you may contact us at talent@novami.com

About Nova Ltd.

Semiconductor Manufacturing · 1,001-5,000 employees · headquartered in Rehovot