Senior Principal Sourcing Manager – Capital Equipment

Astera Labs (NASDAQ: ALAB) provides rack-scale AI infrastructure through purpose-built connectivity solutions. By collaborating with hyperscalers and ecosystem partners, Astera Labs enables organizations to unlock the full potential of modern AI. Astera Labs’ Intelligent Connectivity Platform integrates CXL®, Ethernet, NVLink, PCIe®, and UALink™ semiconductor-based technologies with the company’s COSMOS software suite to unify diverse components into cohesive, flexible systems that deliver end-to-end scale-up, and scale-out connectivity. The company’s custom connectivity solutions business complements its standards-based portfolio, enabling customers to deploy tailored architectures to meet their unique infrastructure requirements. Discover more at www.asteralabs.com.Senior Principal Sourcing Manager – Capital Equipment Role Overview  Astera Labs is seeking a Sourcing Manager to support sourcing and procurement activities across capital equipment, IT hardware, and corporate services. This role will focus on supplier sourcing, commercial negotiations, and procurement execution, working closely with engineering, IT, facilities, and operations teams. The ideal candidate brings 6+ years of diverse sourcing experience, with a strong emphasis on hardware, capital equipment, and technical environments.  This role is highly execution-oriented and requires the ability to independently manage sourcing initiatives, drive timelines, and deliver cost-effective and scalable supplier solutions.  Key Responsibilities  Lead sourcing and procurement activities across:   Capital equipment (lab, test, and infrastructure equipment)  IT hardware and related services  Select corporate services categories  Execute end-to-end sourcing processes including supplier identification, RFQs/RFPs, cost analysis, negotiation, and award  Partner with engineering and IT stakeholders to understand technical requirements and ensure supplier alignment  Manage supplier relationships, including onboarding, performance tracking, and issue resolution  Support purchase order execution, delivery tracking, and resolution of procurement-related issues  Drive cost savings, value engineering, and cycle-time improvements across sourcing activities  Ensure procurement compliance with internal policies, contracts, and systems (e.g., Coupa, Oracle, or similar)  Collaborate with global procurement teams to align on preferred vendors, strategies, and contracts  Provide insights into supply market dynamics, pricing trends, and sourcing risks Partner with Finance on spend tracking, budget alignment, and savings initiatives Work closely with the legal team to evaluate contractual terms, identify risks, and recommend optimal commercial and legal options Basic Qualifications  Bachelor’s degree in Business, Supply Chain, Engineering, or related field  12+ years of sourcing, procurement, or supply chain experience  Demonstrated experience sourcing hardware, capital equipment, or technical products/services  Experience managing RFQs, negotiations, supplier selection, and contracting  Strong operational execution skills with ability to manage multiple priorities in a fast-paced environment  Familiarity with procurement systems (e.g., Coupa, Oracle, SAP, or similar)  Preferred Qualifications  Experience supporting semiconductor, hardware, or data center environments  Prior experience sourcing lab equipment, test equipment, or IT infrastructure  Exposure to corporate services sourcing (e.g., facilities, logistics, professional services)  Strong analytical, problem-solving, and stakeholder management skills  Ability to quickly ramp and operate independently in a high-growth environment  Salary range is $190,000 to $240,000 depending on experience, level, and business need. This role may be eligible for discretionary bonus, incentives and benefits.  We know that creativity and innovation happen more often when teams include diverse ideas, backgrounds, and experiences, and we actively encourage everyone with relevant experience to apply, including people of color, LGBTQ+ and non-binary people, veterans, parents, and individuals with disabilities.