Principal Specialist, Procurement

RTX•McKinney, TX

3d•$86,800 - $165,200•Hybrid

About The Position

The Principal Specialist, Procurement manages supplier relationships, development, and performance while supporting business factory MRP and financial requirements. The role drives supplier-related metrics, including Late to Place, Late to Dock, and Delinquent Material, and develops cost-reduction and performance-improvement plans to support flawless supplier execution for Raytheon Missile & Defense 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 negotiation strategies, leading formal negotiations, placing complex purchase orders, and assessing and mitigating risks. Travel to Raytheon and supplier facilities may be required as appropriate. The role is hybrid and requires an active, existing DoD Secret clearance after day one; 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 in a 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 existing security clearance is required after 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 review.
Experience placing high-dollar, complex purchase orders.
Experience contributing to successful project completion that enhanced performance within an area of responsibility.
Experience in an SAP-based environment.
Ability to execute competitive procurement successfully, including developing evaluation criteria.

Responsibilities

Manage supplier relationships, development, and performance.
Drive achievement of business factory MRP and financial requirements.
Drive supplier performance 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.
Perform subcontract management of 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.