Asset Management (Teradyne, North Reading, MA) - Teradyne

We are the global test and automation specialists, powering next-generation technologies through sophisticated solutions. Behind every electronic device you use, Teradyne's test technology ensures your device works right the first time, every time! Our portfolio of automation solutions help manufacturers to develop and deliver products quickly, efficiently and cost-effectively. Together, Teradyne (http://www.teradyne.com/) companies deliver manufacturing automation across industries and applications around the world!





We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive.


Teradyne is seeking an experienced and motivated individual for the role of Engineering Asset Specialist. You will be responsible for overseeing and improving capital management processes within the PMO (Project Management Organization). This role will focus on enhancing the predictability and accuracy of capital spend, integrating PM data across various departments, and developing efficient processes for equipment management and capital tracking. This newly created, highly visible position will report into the Engineering PMO with frequent direct interaction with the Engineering VP and staff. The position will work closely with Finance, Project Management, Planning, and Lab Management groups. This is an individual contributor role with room for growth in the organization.





This is an onsite role located in our North Reading, MA office.





Opportunity Overview






+ Capital Management Process Improvement:


+ Review and validate spending plans for large capital assets with Project Managers.


+ Establish and manage a triage process for missed or inaccurate capital plans.


+ Develop and maintain a process/tracker for inter-project equipment handoffs.









+ Integration and Collaboration:


+ Improve the integration of capital equipment data across Finance, Planning, and Lab Management groups.


+ Drive equipment return to stock actions and resolve capital gaps to plan.


+ Enhance collaboration between PMO and Lab Management.









+ Equipment and Capital Tracking:


+ Develop or enhance an equipment tracker.


+ Assign and drive work from PMs and Lab Technicians to address equipment sharing and fulfillment needs.


+ Understand project schedules related to capital needs and assist the planner – project team relationship regarding lead time and fulfillment issues.


+ Create and review capital spend efficiency metrics (e.g., equipment usage, project capital cost over time, return to stock metrics).








All About You

We seek individuals who share our passion and determination. Our commitment to customer success drives us to go the extra mile. If you’re ready to join us in this mission, take a closer look at the minimum criteria for the position.






+ Bachelor’s degree in engineering, finance, operations field or other related discipline


+ Proven experience in project management, including aspects of financial management, lab management, and material tracking


+ Strong experience with integrating information and task management across multiple departments


+ Advanced user of Microsoft Excel, project scheduling tools, and Power Point




+ Excellent communication, presentation, and interpersonal skills.




+ Attention to detail, problem-solving abilities, and a results-driven mindset.


+ Ability to travel as needed (~10%) to meet with stakeholders and track equipment






Preferred Qualifications:



+ MBA or advanced degree


+ ERP systems familiarity


+ Certified Project Management Professional






Benefits:


Teradyne offers a variety of robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more.  Please click here (https://www.teradyne.com/2025-open-enrollment/) to see details.








This position is not eligible for visa sponsorship.


This position is not eligible for international relocation.





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Current openings may involve access to export controlled technology and may be subject to export licensing requirements prior to employment. ATTENTION APPLICANTS WITH DISABILITIES: If you’re unable to access our on-line application due to a disability you may visit one of our locations or our Corporate Office at 600 Riverpark Drive, North Reading, MA and request a paper application form. In addition, you may also contact the HR Service Center at 978-370-3041 or contact them at HR.Service.Center@teradyne.com for additional assistance. LitePoint, a Teradyne Company is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, age, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.