Procurement Lead

Loft Orbital Solutions•Golden, CO

1d•$100,000 - $140,000

About The Position

Satellite & flight hardware production at Loft Orbital is scaling rapidly, and we are seeking a Procurement Lead to join our team to take on a critical role in sourcing and procuring materials and equipment across Loftâs engineering teams. Your expertise in sourcing and procurement will play a vital role in ensuring that we have the materials, parts and equipment we need to meet our production & launch goals. We are looking for a highly organized and detail-oriented individual who can work well in a fast-paced, international, deadline-driven environment. Loft is in a period of dynamic growth & this person will initially be a swiss-army-knife, filling some operational gaps that we will eventually hire people for in the future. About this role: Source and purchase materials and equipment for hardware products & programs Negotiate with suppliers to secure the best prices and delivery terms Develop and maintain relationships with key suppliers Monitor and manage inventory levels to ensure timely delivery of materials Ensure that all purchases comply with company policies and procedures Collaborate with internal teams to understand their material and equipment requirements Track and report on purchasing activity and spend Participate in the development and implementation of procurement strategies Coordinate logistics and transportation for deliveries Manage and resolve any issues or conflicts with suppliers Prepare and analyze purchase orders, contracts, and agreements Work with internal teams to ensure compliance with quality standards Act as the primary point of contact for all purchasing related matters Continuously improve and streamline purchasing processes

Requirements

5-10 years of experience in procurement in a high tech, hardware focused industry
Strong understanding of procurement and sourcing principles
Excellent negotiation skills
Strong attention to detail and ability to multitask
Strong organizational and time-management skills
Ability to work well under pressure and meet deadlines
Strong communication and interpersonal skills
Ability to work independently and as part of a team
Strong analytical and problem-solving skills
Familiarity with MRP/ERP systems and procurement software
Bachelor's degree in a related field (e.g. supply chain management, business administration)

Nice To Haves

Experience in international purchasing
Knowledge of relevant laws and regulations
Professional certification in procurement (e.g. CPSM, CPSP)

Responsibilities

Source and purchase materials and equipment for hardware products & programs
Negotiate with suppliers to secure the best prices and delivery terms
Develop and maintain relationships with key suppliers
Monitor and manage inventory levels to ensure timely delivery of materials
Ensure that all purchases comply with company policies and procedures
Collaborate with internal teams to understand their material and equipment requirements
Track and report on purchasing activity and spend
Participate in the development and implementation of procurement strategies
Coordinate logistics and transportation for deliveries
Manage and resolve any issues or conflicts with suppliers
Prepare and analyze purchase orders, contracts, and agreements
Work with internal teams to ensure compliance with quality standards
Act as the primary point of contact for all purchasing related matters
Continuously improve and streamline purchasing processes

Benefits

100% company-paid medical, dental, and vision insurance option for employees and dependents
Flexible Spending (FSA) and Health Savings (HSA) Accounts offered with an employer contribution to the HSA
100% employer paid Life, AD&D, Short-Term, and Long-Term Disability insurance
Flexible Time Off policy for vacation and sick leave, and 12 paid holidays
401(k) plan and equity options
Daily catered lunches and snacks in office
International exposure to our team in France
Fully paid parental leave; 14 weeks for birthing parent and 10 weeks for non-birthing parent
Carrot Fertility provides comprehensive, inclusive fertility healthcare and family-forming benefits with financial support
Off-sites and many social events and celebrations
Relocation assistance when applicable