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Raytheon · 5 days ago

Principal Procurement Specialist

McKinney, TX

Full-time

Onsite

Senior Level, Lead/Staff

$87K/yr - $165K/yr

5+ years exp

Raytheon is seeking an experienced Procurement professional to join their Operations and Supply Chain organization. The Principal Procurement Specialist will manage medium and high complexity procurements, develop sourcing strategies, and ensure compliance with regulations while building relationships with suppliers.

Intellectual PropertyInternetWeb Hosting

No H1B

U.S. Citizen Only

Responsibilities

Develop business partner relationships with suppliers as well as internal stakeholders

Lead procurement activities and be the focal point for supplier performance

Lead Supplier interaction and collaboration with internal cross-functional teams to manage a variety of procurements including but not limited to build-to-print, performance specifications, Supplier Statements of Work (SSOWs), with medium/high complexity

Participate in capture/proposal efforts, review adequacy of requirements flow-down, generate RFI/RFQ/RFPs, and lead Best Value Source Selection and down select activities

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, company policies, procedures, and command media

Execute and manage various types of contractual activities / agreements, such as PIA, Letter Subcontracts, Long Term Agreement, Bailment, etc

Post award PO / Supplier management to ensure meeting program requirements (quality, schedule, financial, etc.)

Communicate clearly and effectively, be proactive in a very fast paced environment; flexible, creative thinking, work with speed and agility while ensuring compliance to company and government requirements

Minimal travel as needed

Qualification

DoD procurement complianceFAR/DFAR knowledgeSupplier managementNegotiation strategySAPMicrosoft Office SuiteCost analysisSupplier performanceCommunication skillsFast-paced environment

Required

Typically requires a Bachelor's and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years' experience

Experience with DoD procurement/subcontract compliance with Public Laws, Policies, Federal Acquisition Regulations (FAR/DFAR), and ITAR and import/export requirements

U.S. Person (U.S. citizen, permanent resident, refugee or asylee) or eligible to obtain necessary export authorizations required

Preferred

Experience in leading formal negotiations (price, schedule, and supplier exceptions to contractual flow-down requirements, as well as standard Terms and Conditions)

Experience with NDA/PIAs, RFx, and Purchase Orders activities. Review proposals from prospective suppliers and analyze cost/price, technical capability, and financial viability, conduct investigations to ensure ability to perform within cost and schedule

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

Experience with supplier management

Experience with SAP and Microsoft Office Suite of Products

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 reading and understanding drawings, specifications and other engineering documents including complex SOWs

Experience with proposals from prospective suppliers and analyze cost/price, technical capability, and financial viability, conduct investigations to ensure ability to perform within cost and schedule

Knowledge of EXIM procurements and all the rules and regulations involved in those situations

Experience with import/export regulations (ITAR/EAR)