Prin Spclst, Commodity Mgmt & Sourcing

Date Posted:2024-10-29Country:United States of AmericaLocation:TX190: 2501 West University, McKinney 2501 West University , McKinney, TX, 75070 USAPosition Role Type:OnsiteAt 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. Raytheon is seeking an experienced Procurement professional to join our Operations and Supply Chain (OSC) organization, Advanced Product Solutions (APS) Mechanical Technology and Optics team. This Principal Procurement Specialist role will manage medium to high complexity machining, sheet metal, and casting commodity procurements. The Principal Procurement Specialist will be responsible for developing sourcing and negotiation strategy with key suppliers, develop a portfolio of subcontracts and procurement activities. The Principal Procurement Specialist will ensure all purchases orders (PO) and agreements are executed in full compliance to the FAR, DFARs, and company policies & procedures. The Principal Procurement Specialist will represent the Supply Chain organization at various levels of functional and cross functional teams; manage and build relationship with suppliers to ensure supplier performance will be in alignment with program execution and business priorities.What You Will Do:Develop business partner relationship with suppliers as well as internal stakeholders. Lead procurement activities and be the focal point for supplier performance.Participate in capture/proposal efforts, review adequacy of requirements flow-down, generate RFI/RFQ/RFP.Perform Price and/or Cost Analysis in compliance with FAR and DFARS requirement.Develop negotiation strategy and lead multi-functional negotiation teams; negotiate price, schedule, and Terms & Conditions with suppliers/subcontractors.Prepare purchase order documentation in compliance with FAR and DFARs regulations, prime flow downs, and company policy.Manage various contract types such as Firm Fixed Price, FFPLOE, Time and Materials, etc.Communicate clearly and effectively, be proactive in a very fast paced environment; flexible, creative thinking, work with speed and agility while ensure compliance to company and government requirements.Qualifications You Must Have: Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years’ experience. Defense Industry Experience and familiarity with FAR/DFAR requirements.Experience with NDA/PIAs, RFx, and Purchase Orders activities. Review proposals from prospective suppliers and analyze cost/price, technical capability, and financial viability, conducting investigations to ensure ability to perform within cost and schedule.U.S. citizenship is required, as only U.S. citizens are authorized to access the financial management system due to government contractual requirements." Qualifications We Prefer:The ability to perform duties with minimal oversight; ability to work effectively in a fast paced and high-volume environment to meet business commitment.Strong communication skills with demonstrated ability to influence across a matrix organization.Ability to travel domestically when necessary.Experience with SAP and Microsoft Office Suite of ProductsWorking knowledge of machining commodity including manufacturing processes and technologies.Experience with reading and understanding drawings, specifications and applicable technical data package including complex SSOWs.Prior experience with multiple subcontract types including but not limited to Firm Fixed Price (FFP), Time and Material (T&M), Cost Plus Fixed Fee (CPFF), Cost Plus Incentive Fee (CPIF)Experience with import/export regulations (ITAR/EAR)Active and transferable U.S. government issued security clearance is preferred.What We OfferOur values drive our actions, behaviors, and performance with a vision for a safer, more connected world. At RTX we value: Trust, Respect, Accountability, Collaboration, and Innovation.Learn More & Apply Now!RTX solves some of the toughest challenges in aerospace and defense. That requires expansive thinking and bold innovation – and that, in turn, requires a culture that is diverse, equitable and inclusive.We embrace individuality and diversity of thought to fuel opportunity for our employees, our customers, and our communities. We work toward progress, knowing that a more inclusive world is critical to our mission. Not just in this moment, but always.RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses – Collins Aerospace Systems, Pratt & Whitney, and Raytheon. Its 185,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, VA. To realize our full potential, RTX is committed to creating a company where all employees are respected, valued and supported in the pursuit of their goals. We know companies that embrace diversity in all its forms not only deliver stronger business results, but also become a force for good, fueling stronger business performance and greater opportunity for employees, partners, investors and communities to succeed. The salary range for this role is 77,000 USD - 163,000 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills.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. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.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. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance.This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply.RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.RTX is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class. Privacy Policy and Terms:Click on this link (http://www.rtx.com/privacy/Job-Applicant-Privacy-Notice) to read the Policy and Terms Raytheon Technologies is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.