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