CapEx Sourcing Manager Job Sunnyvale area,California USA,Engineering

Summary

The CAPEX Sourcing Manager is responsible for developing, communicating and executing the CAPEX sourcing strategy to optimize the total Cost of Ownership. You will be responsible for leading a cross functional team in managing the total CAPEX investment cost with our partners for both off-the-shelf and customized manufacturing and testing equipment to enable our future products and technologies. In this role, you will lead the cross-functional effort to identify, engage and enable the best partners.

You will be responsible for developing the strategic relationship with our partners, including negotiating commercial agreements, negotiating cost, optimizing the collaboration between the teams and developing long term strategy to grow a robust partnership. You will work closely with Strategic Sourcing, Product operations, Hardware engineering, Tooling Engineering, Manufacturing Design Engineering, DFx, Test Engineering and other cross-functional teams to create an effective and efficient partnership.

Required

Skills

Cap Ex Sourcing Manager Responsibilities:

Develop, communicate and execute Reality Labs global CAPEX equipment sourcing and management strategy

Identify and engage the CAPEX equipment partners to enable cutting-edge technologies and products with best-in-class quality, delivery and cost

Develop partner selection strategy with cross-functional stakeholders, including RFQ/RFP, sourcing strategy and final supplier selection

Negotiate commercial agreements to meet technical, operational and commercial requirements, including after-sales services

Negotiate NRE and unit cost to ensure best in class cost for our products. Actively look for cost optimization opportunities and lead cross-functional effort to achieve it

Actively drive analysis of historical spend data and suggest savings opportunities maximizing financial impact for future products and provide expertise for developing budgets

Develop relationships with key stakeholders to identify opportunities to leverage our partners’ capability to grow business

Enable the cross-functional team to collaborate with their counterparts on the partner side to ensure open, efficient and professional relationships

Participate in hiring, training, developing, and share best practices in executing CAPEX management strategy and achieving significant cost improvements

Up to 20% travel may be required (domestic/international)

Minimum Qualifications

Engineering or Technical BS degree or equivalent work experience

5+ years of experience in custom equipment and fixture development & sourcing, in the consumer electronics industry or relevant experience

Experience in injection molding & tooling cost analysis

Experience in supplier evaluation/selection, assessing technical specifications, functional features and cost trade-offs

Experience with custom equipment should cost models, cost negotiation and supply base management

Experience with pricing and sourcing of key equipment components

Understanding of factory operations in the consumer electronics industry

Program management, and cross-functional teamwork experience

Preferred Qualifications

Proven track record of driving a structured, result-oriented negotiation process and outstanding negotiation results

Experience with sourcing equipment for small form factor devices e.g. Wearable products, is strongly preferred

Public Compensation

$151,000/year to $210,000/year + bonus + equity + benefits

Industry

Internet

Equal Opportunity

Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Meta participates in the E-Verify program in certain locations, as required by law. Please note that Meta may leverage artificial intelligence and machine learning technologies in connection with applications for employment.

Meta is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at

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