Full-Time

Buyer

Posted on 8/5/2024

PsiQuantum

PsiQuantum

201-500 employees

Develops commercially useful photonics-based quantum computers

Hardware
AI & Machine Learning

Compensation Overview

$95k - $140kAnnually

Senior

Palo Alto, CA, USA

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
NetSuite
Data Analysis
Requirements
  • Bachelor's Degree in Supply Chain, Operations Management, General Business, or similar field.
  • 5+ years’ experience working in procurement, supply chain or related role in an R&D or high-tech environment.
  • Strong problem-solving skills, organizational skills, and attention to detail.
  • Experience in a fast-paced and demanding start-up environment preferred.
  • Experience with ERP system, NetSuite preferred.
  • Familiar with procurement tools and processes.
Responsibilities
  • Support purchase of goods, materials, components, or services in line with specified cost, quantity, quality, and delivery targets.
  • Monitor shipments to ensure timely delivery and resolve problems related to undelivered goods and RMAs.
  • Assist in reviewing purchase requests for goods and services, preparing, and issuing purchase orders.
  • Evaluate suppliers based on price, quality, selection, service, support, availability, reliability, delivery, and production capabilities.
  • Act as an interface between suppliers and other relevant departments on purchasing processes and new projects and activities.
  • Prepare reports and updates as and when required.
  • Work closely with others in the procurement function and ensure the continuous improvements of quality, service, and cost.
  • Negotiate pricing, vendor agreements and contracts, terms, and review opportunities to cost savings and quality improvements utilizing negotiation and procurement best practice tools and methods.
  • Solicit RFQ, RFP, and quotes for review / analysis process.
  • Build, maintain and manage supplier relationships and keep up good communications.
  • Ability to compile data and perform analysis relating to supplier performance and capabilities to enable evaluation and qualification in the supply chain process.
  • Contact suppliers to resolve price, quality, delivery, or invoice issues.
  • Other duties and responsibilities as assigned.

PsiQuantum is developing the world's first commercially useful quantum computer with a photonics-based architecture, leveraging pre-existing manufacturing processes and infrastructure. The company's approach focuses on quantum error correction and solving real-world problems in fields such as medicine, energy, and finance.

Company Stage

N/A

Total Funding

$1.6B

Headquarters

Palo Alto, California

Founded

2015

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-5%

2 year growth

-5%
Simplify Jobs

Simplify's Take

What believers are saying

  • PsiQuantum's Chicago facility will create 150 jobs, boosting local economy and workforce.
  • Australian government funding supports PsiQuantum's expansion and technological advancements.
  • Growing interest in quantum computing for climate solutions offers new partnership opportunities.

What critics are saying

  • High costs of quantum facilities could strain finances if revenues fall short.
  • Potential IP disputes may arise from international collaborations and differing laws.
  • Reliance on government funding exposes PsiQuantum to political and economic changes.

What makes PsiQuantum unique

  • PsiQuantum uses photonic qubits for scalable, fault-tolerant quantum computing.
  • Their quantum chips are manufactured in leading semiconductor fabs, ensuring high-quality production.
  • PsiQuantum's partnerships with universities enhance research and development capabilities.

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Benefits

Company Equity

Stock Options

INACTIVE