Principal Procurement Specialist

This is a fully remote position, open to applicants in California.

📋 Description

• Identify, negotiate, award, and document acquisitions for materials, services, and supplies.

• Gather and analyze data to perform price evaluations and review proposals to set pricing goals.

• Assist in the early identification and engagement of suppliers for new business opportunities.

• Oversee Supply Chain bid and proposal efforts for strategic initiatives.

• Apply sourcing techniques such as best value assessments and Total Cost of Ownership.

• Conduct cost analyses, facilitate negotiations, and assess supplier risks.

• Collaborate with Integrated Product Teams to understand technical challenges and propose solutions for purchasing technologies.

• Offer risk and opportunity assessments for early engagements related to onboarding new suppliers.

• Convey primary contract, quality, terms, and conditions requirements to suppliers.

• Monitor supplier performance concerning cost, schedule, and quality standards.

• Work with internal and supplier cross-functional teams.

• Stay informed on industry trends and manufacturing processes.

• Aid in the development of bids and agreements.

• Implement customer requirements, government regulations, public laws, and Raytheon policies and procedures.

• Conduct quotation processes and supplier negotiations.

• Prepare purchase order documentation.

• Choose qualified suppliers and seek alternative options when necessary.

• Manage suppliers after award in line with company guidelines and work instructions.

• Compile Long Term Agreements and/or Pricing Agreements.

⛳️ Requirements

• A University Degree or equivalent experience along with a minimum of 5 years of relevant experience in a procurement or supply chain role.

• Proven experience in placing high complexity POs/Subcontracts and processing a high volume of POs across various business units.

• Demonstrated ability to manage job responsibilities effectively in a virtual environment with minimal supervision.

• Experience in performing price and cost analysis, source selection/justification, and evaluating supplier quotations.

• Knowledge of DoD procurement processes and familiarity with Federal Acquisition Regulation and Defense Federal Acquisition Regulation Supplement (FAR/DFARS).

• Capability to place POs exceeding the TINA dollar threshold.

• Understanding of purchasing complex electrical and mechanical assemblies.

• Strong leadership abilities – influence, presence, and capability to interface both internally and with suppliers.

• Proficient negotiation skills, including the ability to lead formal negotiations and teleconferences.

• Experience in reading technical drawings.

• Familiarity with standard computer systems focused on supplier management processes (SAP-PRISM).

• U.S. citizenship is mandatory.

• Security clearance is not required.

🏝️ Benefits

• Medical insurance.

• Dental insurance.

• Vision insurance.

• 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.

• Holidays.

• Annual short-term and/or long-term incentive compensation programs (not guaranteed).