Principal Specialist, Commodity Management and Sourcing

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

📋 Description

• Assist in the execution of contingent labor strategies by utilizing project management principles, CORE, and the gated review process.

• Establish project scope, objectives, timelines, work statements, and budgets for effective project execution.

• Aid in the rollout of the Contingent Labor Request System (CLRS).

• Oversee commodity/account management and sourcing strategies.

• Apply supply chain strategies and supplier selection methodologies that align with total cost of ownership, pricing, quality, timeliness, and reliability standards.

• Outline and disseminate sourcing strategies, best practices, and acceptable service levels.

• Formulate strategic plans for commodities or key suppliers.

• Cultivate relationships with strategic accounts across various commodities.

• Support and facilitate supplier negotiations, including team assembly, objective formulation, strategy development, preparation, negotiation involvement, approvals, and final agreements.

• Carry out responsibilities that promote departmental objectives and enhance operational efficiency.

• Leverage RTX strategic sourcing strategies, cost-saving initiatives, GRME initiative, and the Contingent Labor Sourcing Tool (Fieldglass).

⛳️ Requirements

• Bachelor's Degree or equivalent experience and a minimum of 5 years of relevant experience, or a Master's Degree in a related field with at least 3 years of experience.

• Proven experience in the strategic sourcing process.

• Background in implementation, negotiations, collaboration with internal leadership, and execution.

• Experience in contract management and negotiations.

• Proficient in developing and managing supplier relationships.

• Familiarity with spend data analytics.

• Must possess authorization to work in the U.S. without company immigration sponsorship now or in the future.

• Must be willing and able to travel domestically up to 10% of the time.

• Experience with contingent labor and professional services commodities is preferred.

• Excellent communication skills are preferred.

• Strong collaboration and negotiation skills are preferred.

• Ability to manage conflicts and resolve problems is preferred.

• Capability to prioritize and manage time effectively is preferred.

🏝️ Benefits

• Medical, dental, and vision insurance.

• Three weeks of vacation for newly hired employees.

• 401(k) plan with employer matching contributions and separate employer retirement contributions.

• Lifetime Income Strategy option.

• Tuition reimbursement program.

• Student Loan Repayment Program.

• Life insurance and disability coverage.

• Optional insurance for pets, home and auto, additional life and accident, critical illness, group legal, and identity theft protection.

• Benefits for birth, adoption, and parental leave.

• Ovia Health, including fertility and family planning support.

• Adoption Assistance.

• Autism Benefit.

• Employee Assistance Plan, offering up to 10 free counseling sessions.

• Healthy You Incentives wellness rewards program.

• Doctor on Demand for virtual doctor visits.

• Bright Horizons child and elder care services.

• Teladoc Medical Experts second opinion service.

• Flexible work schedules.

• Employee Scholar Program.

• Paid time off and holidays.

• Potential for annual short-term and/or long-term incentive compensation programs.