Howmet Aerospace · 22 hours ago
Procurement Buyer
Howmet Aerospace Inc. is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. They are seeking a Procurement Operations Buyer to implement cost savings initiatives and support the procurement strategy, focusing on developing sourcing strategies and optimizing procurement processes.
AerospaceManufacturingTransportation
Responsibilities
Cost of Goods Sold Savings: The incumbent is responsible for identifying and implementing cost reduction activities at the location using the optimized process
The incumbent should be striving to achieve maximum leveraging of Howmet’s spend, should use on-line-bidding, low cost country sourcing and supplier collaboration to reduce costs. Cost reduction efforts should focus on unit price as well as product design, substitution and consumption reduction efforts based on root cause problem solving and process improvement
Develop sourcing strategies by analyzing the supply base, market conditions, and technology roadmaps
Lead contractual negotiations with suppliers on NDA’s, Terms & Conditions and Long-term agreements
Identify potential suppliers, analyze capabilities, and develop a sourcing strategy and roadmap for Howmet stakeholders
Perform detailed analysis of supplier quote submissions based on cost breakdown data and support it with Total Cost of Ownership and should-costs
Working Capital Improvements: The incumbent is responsible for implementing payment terms, which provide Howmet with a favorable working capital position, without compromising integrity. The incumbent is also responsible for evaluating inventories of purchased material and for driving inventory reduction initiatives through consignment, vendor managed inventories, shared inventories, process improvement and other inventory management tools
Procurement Process Cost Reduction: The incumbent should strive for procurement process optimization and waste elimination
Purchasing Goods & Service to Support Operations: The incumbent is responsible for ensuring the location is supplied with goods and services required to maintain continuous operation, as required by business conditions. The incumbent is responsible for weighing appropriate risk factors when making buy/supply decisions
Compliance: The incumbent is responsible for compliance with all applicable Howmet standards and local regulations for the location. The incumbent may be required to provide data for procurement related ASAT, customer ISO and other audit protocols required by the business. The incumbent is also accountable for any corrective actions generated by audits affecting buying activities at that location. Acts as Single Point Accountability (SPA) for import compliance, including ITAR compliance
Qualification
Required
Minimum of an Associate degree is required, preferred to be in Engineering, Business or Accounting
Minimum of seven (7) years' experience in a high-volume component manufacturing environment
Minimum of five (5) years of that time in strategic sourcing, supply chain logistics experience
Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position
Preferred
Preferred Bachelor's degree in Engineering, Business or Accounting
Company
Howmet Aerospace
Howmet Aerospace produces jet engine components, aerospace fasteners, and forged wheels for aerospace and defense applications.
Funding
Current Stage
Public CompanyTotal Funding
$1B2025-11-03Post Ipo Debt· $500M
2024-08-08Post Ipo Debt· $500M
2016-10-21IPO
Leadership Team
Recent News
2026-01-11
Benzinga.com
2026-01-04
Company data provided by crunchbase