**Summary:** Meta designs, develops, and builds AR/VR products. The Strategic Sourcing team is responsible for spend from raw materials to the final consumer product and owns the commercial growth strategy and business relationships with various suppliers and manufacturers. The sourcing team moves fast and leverages key partnerships to drive technical innovation, high quality standards and cost-savings via a customized supply chain.Meta is seeking a CAPEX Sourcing Manager for our Reality Labs (RL) Division. The ideal candidate will be motivated by the opportunity to manage and develop our CAPEX Sourcing Strategy across our spend by providing functional expertise and best-practices.The CAPEX Sourcing Manager is responsible for developing, communicating and executing the CAPEX sourcing strategy to optimize the total Cost of Ownership. You will be responsible for leading a cross functional team in managing the total CAPEX investment cost with our partners for both off-the-shelf and customized manufacturing and testing equipment to enable our future products and technologies. In this role, you will lead the cross-functional effort to identify, engage and enable the best partners. You will be responsible for developing the strategic relationship with our partners, including negotiating commercial agreements, negotiating cost, optimizing the collaboration between the teams and developing long term strategy to grow a robust partnership. You will work closely with Strategic Sourcing, Product operations, Hardware engineering, Tooling Engineering, Manufacturing Design Engineering, DFx, Test Engineering and other cross-functional teams to create a strong and innovative partnership. **Required Skills:** CAPEX Sourcing Manager Responsibilities: 1. Develop, communicate and execute Reality Labs global CAPEX equipment sourcing and management strategy 2. Identify and engage the CAPEX equipment partners to enable cutting-edge technologies and products with best-in-class quality, delivery and cost 3. Develop partner selection strategy with cross-functional stakeholders, including RFQ/RFP, sourcing strategy and final supplier selection 4. Negotiate commercial agreements to meet technical, operational and commercial requirements, including after-sales services 5. Negotiate NRE and unit cost to ensure best in class cost for our products. Actively look for cost optimization opportunities and lead cross-functional effort to achieve it 6. Actively drive analysis of historical spend data and suggest savings opportunities maximizing financial impact for future products and provide expertise for developing budgets 7. Manage the assets at our contract manufacturers, including traceability and spare parts to ensure continuous operations 8. Develop relationships with key stakeholders to identify opportunities to leverage our partners’ capability to grow business 9. Enable the cross-functional team to collaborate with their counterparts on the partner side to ensure open, efficient and professional relationships 10. Lead Supplier QBR process focused on exceeding Meta’s KPIs and continuous performance improvements 11. Participate in hiring, training, developing, and share best practices in executing CAPEX management strategy and achieving significant cost improvements 12. Up to 20% travel may be required (domestic/international) **Minimum Qualifications:** Minimum Qualifications: 13. Engineering or Technical BS degree or equivalent experience 14. 10+ years of experience in sourcing or related disciplines specific to CAPEX equipment and fixture sourcing management 15. Experience in supplier evaluation/selection, should cost models, contract negotiation and supply base management 16. Understanding of factory operations 17. Leadership, program management, and cross-functional teamwork experience **Preferred Qualifications:** Preferred Qualifications: 18. Experience in building innovative, best-in-class consumer electronic products 19. Experience working with and influencing all levels of management 20. Proven track record of driving a structured, result-oriented negotiation process and outstanding negotiation results 21. Experience with sourcing equipment for Optics related assembly and test processes strongly preferred. **Public Compensation:** $171,000/year to $239,000/year + bonus + equity + benefits **Industry:** Internet **Equal Opportunity:** Meta is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Meta participates in the E-Verify program in certain locations, as required by law. Please note that Meta may leverage artificial intelligence and machine learning technologies in connection with applications for employment. Meta is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at accommodations-ext@fb.com.