Principal Specialist, Procurement
About The Position
The Principal Specialist, Procurement manages supplier relationships, development, and performance to meet business factory MRP and financial requirements. The role drives performance against metrics such as Late to Place, Late to Dock, and Delinquent Material, and develops plans for cost reduction and performance improvement to support flawless supplier execution for RMD programs and projects. The position performs subcontract management for high-dollar purchase orders using integrated supply chain models and in compliance with regulatory and corporate requirements. Work includes preparing solicitations, analyzing quotations and proposals, developing and leading negotiations, placing complex purchase orders, and assessing and mitigating risk. Travel to Raytheon and supplier facilities may be required as necessary to conduct business. An active, transferable U.S. government Secret clearance is required before the start date; U.S. citizenship is required.
Requirements
- Bachelor’s degree and at least 5 years of relevant experience, or an advanced degree in a related field and at least 3 years of experience.
- Experience with Federal Acquisition Regulations (FAR/DFARS) or experience in another heavily regulated industry, such as pharmaceutical, medical, space, aviation, power generation, or automotive.
- Ability to obtain and maintain a U.S. government-issued security clearance; U.S. citizenship is required.
- An active and transferable U.S. government-issued security clearance is required before the start date; the posting specifies an active Secret clearance on day one.
Nice To Haves
- Experience analyzing cost and pricing data and determining proposal compliance.
- Experience with technical requirements for procured hardware and services, including Statement of Work (SOW) review.
- Experience placing high-dollar, complex purchase orders.
- Experience contributing to successful completion of a project that enhanced performance within an area of responsibility.
- Experience in an SAP-based environment.
- Ability to successfully execute competitive procurement, including development of evaluation criteria.
Responsibilities
- Manage supplier relationships, development, and performance.
- Drive success in meeting business factory MRP and financial requirements.
- Drive performance against metrics including Late to Place, Late to Dock, and Delinquent Material.
- Develop cost-reduction initiatives and performance-improvement plans to promote flawless supplier execution for RMD programs and projects.
- Manage subcontracts for high-dollar purchase orders using integrated supply chain models and complying with regulatory and corporate requirements.
- Prepare solicitations, including RFQs, RFPs, RFIs, and IDIQs.
- Analyze quotations and proposals using price and cost analysis techniques.
- Develop negotiation strategies and lead formal negotiations on price, delivery, and terms.
- Place high-dollar, complex purchase orders.
- Perform risk analysis and develop mitigation plans and solutions to problems.
- Travel to Raytheon Technologies and supplier facilities as needed to conduct business.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Short-term disability insurance
- Long-term disability insurance
- 401(k) match
- Flexible spending accounts
- Flexible work schedules
- Employee assistance program
- Employee Scholar Program
- Parental leave
- Paid time off
- Holidays
- Annual short-term and/or long-term incentive compensation programs may be available, depending on position level and collective-bargaining coverage.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
