Principal Procurement/Purchasing Specialist

This role is responsible for leading MLCC/ inductor/ Embedded substrate strategic sourcing and commercial management , driving cost optimization, ensuring supply continuity, and owning end-to-end supplier strategy. The role requires strong leadership, program management, and cross-functional influence to align business, engineering, and supply chain objectives while driving long-term value creation. ________________________________________ Key Responsibilities • Lead commercial negotiations including pricing, LTAs, capacity agreements, price adjustments, and payment terms for MLCC/inductors/ Embedded substrates. • Own supplier strategy for MLCC/ inductor/ Embedded substrate commodities, acting as a key decision driver in supplier selection and allocation. • Drive cost optimization initiatives using structured methodologies such as cost breakdown analysis, should-cost modeling, and localization strategies. • Lead cross-functional engagement with Engineering and Product Groups to ensure component readiness and alignment across NPI, ramp-up, and lifecycle management. • Ensure supply continuity and resilience by proactively managing capacity planning, allocation strategies, and long-term supply assurance with key component suppliers. • Identify, assess, and mitigate supply chain risks including capacity constraints, geopolitical exposure, cost volatility, and supplier dependency within the passive/component supply base. • Lead contract governance including MSA, NDA, pricing frameworks, and commercial agreements, ensuring alignment with business strategy. • Drive supplier performance management through structured reviews, KPI tracking, and continuous improvement initiatives. • Lead escalation of management and resolution of critical issues related to quality, delivery, capacity, and commercial disputes. • Act as a strategic interface between internal functions (Engineering, Product Group, Supply Chain, and Finance teams) and MLCC / inductor / substrate suppliers to ensure alignment on roadmap, cost, and execution priorities. • 10+  years of purchasing/procurement experience, preferably in the semiconductor or electronics industry. • Fluent in English is required; Japanese language proficiency is a plus. • Hands-on experience or strong familiarity with passive components (MLCC/ inductors/ Embedded substrate) is a strong advantage. • Advanced Excel and data analysis skills; proficient in PowerPoint for executive-level presentations. • Strong stakeholder management, communication, and negotiation skills with the ability to influence cross-functional teams and senior stakeholders. • Experience in strategic sourcing, supplier management, or program management is highly preferred. Renesas is an embedded semiconductor solution provider driven by its Purpose, To Make Our Lives Easier . With a global team of over 21,000 engineers and problem solvers in more than 30 countries, we offer the opportunity to work on world‑leading technology for Automotive, Industrial, Infrastructure, and IoT, shaping a safer, healthier, greener, and smarter future. At Renesas, TAGIE is our culture, grounded in being Transparent, Agile, Global, Innovative, and Entrepreneurial. It shapes how we work, grow and deliver on our purpose together. This collaborative spirit and mindset drive our semiconductor technology to transform industries and impact millions of lives. We believe in rewarding our employees with a competitive benefits package alongside their salary. More information will be provided during the hiring process. Are you ready to join our team and shape the future with us? Renesas Electronics is an equal opportunity and affirmative action employer, committed to supporting diversity and fostering a work environment free of discrimination on the basis of sex, race, religion, national origin, gender, gender identity, gender expression, age, sexual orientation, military status, veteran status, or any other basis protected by law. For more information, please read our  Diversity & Inclusion Statement .