Principal Procurement Specialist

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

📋 Description

• Negotiate and manage Firm Fixed Price, Cost Reimbursement, and Time and Materials subcontracts for both production and R&D initiatives.

• Work alongside material program management and engineering teams to establish and implement procurement strategies.

• Track subcontractor performance metrics and recommend or execute corrective measures as necessary.

• Prepare and oversee subcontract documentation to ensure adherence to company policies, FAR, and DFAR regulations.

• Assess complex supply chain challenges and devise solutions that align with organizational goals.

• Independently plan and execute procurement tasks to ensure the timely fulfillment of program requirements.

• Act as a primary contact for both internal and external stakeholders, collaborating with senior personnel on cross-functional projects.

• Leverage ERP systems and standard supply chain processes to manage procurement activities and achieve material outcomes.

• Conduct price analyses, assist in cost analyses, develop negotiation strategies, and lead negotiation efforts.

• Source, negotiate, award, and document purchases for materials, services, and supplies.

• Collaborate with Integrated Product Teams to address technical and programmatic challenges and provide procurement solutions for buy technologies.

⛳️ Requirements

• Bachelor’s degree with a minimum of 5 years of relevant experience, or an advanced degree in a related field with at least 3 years of experience.

• Familiarity with FAR and DFAR regulations.

• Must be a U.S. Person (U.S. citizen, permanent resident, refugee, or asylee) or eligible to obtain the necessary export clearances.

• Preferred experience in reading and comprehending drawing specifications.

• Preferred experience in cost and price analysis, including the development of negotiation strategies and leading formal negotiations.

• Preferred experience in supplier management.

• Preferred experience with SAP software applications.

• Preferred experience in leading executive and program-level supplier reviews.

• Preferred experience in making verbal and/or written presentations to key stakeholders.

🏝️ 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 may be available

• Appropriate pay structure and benefits for candidates residing in a U.S. territory