Principal Specialist, Commodity Management, Sourcing

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

📋 Description

• Assist in executing contingent labor strategies by utilizing project management methodologies, CORE, and the gated review framework.

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

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

• Oversee commodity/account management and sourcing strategies.

• Execute supply chain strategies and supplier selection processes that align with total cost of ownership, pricing, quality, timing, and reliability benchmarks.

• Articulate and communicate sourcing strategies, best practices, and acceptable service standards.

• Formulate strategic plans for commodities or key suppliers.

• Cultivate and manage relationships with one or more strategic accounts across various commodities.

• Support and direct supplier negotiations, encompassing team assembly, goal setting, strategy formulation, execution, approvals, and final agreements.

• Carry out responsibilities that advance departmental objectives and operational effectiveness.

• Implement RTX strategic sourcing strategies, cost reduction initiatives, GRME, and the Contingent Labor Sourcing Tool (Fieldglass).

⛳️ Requirements

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

• Familiarity with the strategic sourcing process.

• Proven experience in implementation, negotiations, collaboration with internal leadership, and project execution.

• Background in contract management and negotiations.

• Experience in developing and managing supplier relationships.

• Proficient in spend data analytics.

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

• Security clearance is not a requirement.

• Willingness and ability to travel domestically up to 10% of the time.

• Preferred experience in contingent labor and professional services commodities.

• Strong communication skills are preferred.

• Preferred strong collaboration and negotiation abilities.

• Ability to manage conflicts and resolve problems is preferred.

• Capability to prioritize tasks 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 an additional employer retirement contribution, including a 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 insurance, critical illness insurance, group legal services, and identity theft protection.

• Benefits for birth, adoption, and parental leave.

• Ovia Health services for fertility and family planning.

• Adoption Assistance programs.

• Autism Benefit available.

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

• Healthy You Incentives wellness rewards program.

• Doctor on Demand for virtual medical consultations.

• Bright Horizons services for child and elder care.

• Teladoc Medical Experts program for second opinions.

• Flexible work schedules available.

• Employee Scholar Program in place.

• Paid time off and recognized holidays.

• Annual short-term and/or long-term incentive compensation programs may be available, though payments are not guaranteed.

• Primarily remote work from home.