Principal Procurement

RTX • Richardson, TX

7h • Hybrid

About The Position

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world.

Requirements

• A University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experience
• DoD procurement experience and knowledge of Federal Acquisition Regulations (FAR/DFARS) – ability to place Purchase Orders over TINA dollar threshold
• U.S. Person (U.S. citizen, permanent resident, refugee or asylee) or eligible to obtain necessary export authorizations https://www.ecfr.gov/current/title-22/chapter-I/subchapter-M/part-120/subpart-C/section-120.62.

Nice To Haves

• SAP/PRISM based environment experience
• Experience with technical requirements of procured hardware and services – including Statement of Work (SOW) review
• Experience in written contractual authorization/vehicles
• Knowledge and experience with Computer Hardware and Software placement

Responsibilities

• Preparation and issuance of RFIs, RFPs. Letter Subcontracts, POs
• Place purchase orders of medium complexity in accordance with all regulatory (FAR/DFAR) and corporate compliance requirements for various complex subcontract (Cost Type, Incentive Type, Firm Fixed, etc.).
• Perform price and cost analysis techniques in support of proposals and placements.
• Develop and implement procurement strategies to ensure the cost-effective acquisition of goods and services.
• Negotiate contracts and manage supplier relationships to secure the best terms and conditions.
• Conduct market research and analysis to identify potential suppliers and assess their capabilities.
• Collaborate closely with internal stakeholders to understand their requirements and ensure procurement activities align with business goals.
• Monitor and manage supplier performance, ensuring compliance with contractual terms and quality standards.
• Maintain POs to ensure accurate and timely supplier delivery information.
• Maintain accurate records of procurement activities, contracts, and supplier performance.
• Identify and mitigate risks related to procurement and supply chain activities.
• Ensure adherence to RTX Corporation’s procurement policies and procedures.
• Continuously evaluate and improve procurement processes to enhance efficiency and reduce costs.

Benefits

• Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays.
• Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level