Principal Procurement Speciali - Military veterans preferred

Job Description
The Principal Procurement Specialist is responsible for sourcing, negotiating awards and documenting purchases for materials, services, and supplies. Compiles and analyzes data to perform price analysis and reviews proposals to establish price objectives. Support early supplier identification and engagement for new business pursuits. May be responsible for supporting Supply Chain bid/proposal activities for strategic pursuits. Utilizes source selection techniques (Best Value, Total Cost of Ownership etc.), performs cost analyses, conducts negotiations, and identifies supplier risks. Interface with factory and program Integrated Product Teams to understand technical challenges and provide solution options for "buy" technologies. Provide risk and opportunity analysis for early capture as it relates to introduction of new suppliers to mitigate risks with regard to early supplier decisions. Coaching, mentoring and assisting team members is a key aspect of this role. Ensure compliance with Public Law (FAR/DFARS), company business policies and procedures, Export /Import regulations (ITAR/EAR).

Additional responsibilities include but are not limited to:

• Ensuring requirements (prime contract, quality, terms and conditions) are properly communicated to suppliers
• Managing supplier performance to cost, schedule and quality requirements
• Interface with internal and supplier cross-functional organizations
• Collaborate, compile and analyzes information to keep informed on industry trends and manufacturing processes
• Assist in the development of bids and agreements
• Execute to customer requirements including government regulations, public law and Raytheon policies and procedures
• Develop supply chain strategies and alternatives
• Serve as back up to Team Lead as needed to cover important meetings; interface with factory and functional senior leadership on critical topics
• Form and maintain strong business relationships with supplier partners
• Develop solutions to problems of unusual complexity that require a high degree of ingenuity, creativity and innovation
• Perform risk analysis, including potential impacts, and mitigation plans
• Working knowledge of change management systems and techniques
• Demonstrated ability to develop and execute project plans within budget and schedule constraints
• Focus on program goals to ensure that solutions are consistent with org objectives
• Occasional travel required

Required Skills, Experience & Education:

At least 6 years’ experience in a similar Supply Chain related role
BS/BA from a 4 year accredited college or university
Previous experience with price comprehension, cost analysis and source selection/justifications
Previous DoD procurement experience and knowledge of Federal Acquisition Regulations (FAR/DFARS)
Accounts Payable Invoicing Reconciliation experience

Desired Skills, Experience & Education:

• Experience with International DoD procurement with a strong working knowledge of ITAR/EAR and licensing requirements
• Experience with Mechanical commodities (Castings/Forgings, Machining)
• Strong analytical, problem solving skills and the ability to think strategically
• Working knowledge of Exostar
• Strong Knowledge and experience in FAR/DFAR regulations
• Strong written and verbal communication skills
• Knowledge and experience in high dollar procurement requirements
• Computer experience (emphasis in Microsoft Office Suite)
• Experience with MRP systems/processes, driving material requirements
• Negotiations experience
• Experience in setting up strategic contracts and long term agreements
• Experience in the use, employment and requirements of various subcontract types including but not limited to T&M, Labor Hour, FFP, CPFF, CPIF, CPAF
• Ability to develop and present complex ideas to executive audiences
• Competent user of MS Project or other Project Management software

Raytheon is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, or Vietnam era, or other eligible veteran status, or any other protected factor.

US Citizenship Required

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Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.