Principal Specialist, Commodity Management – Sourcing

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

📋 Description

• Formulate and implement global/regional commodity strategies for aerospace hardware and fasteners.

• Spearhead should-cost modeling, Value Analysis/Value Engineering (VA/VE) initiatives, and cost reduction plans across ongoing programs.

• Promote standardization, part rationalization, and compile preferred hardware lists.

• Choose, qualify, and oversee strategic suppliers.

• Direct contract negotiations, establish long-term agreements, and devise pricing strategies.

• Supervise supplier on-time delivery, quality, and cost performance while executing corrective actions as needed.

• Collaborate with suppliers on capacity planning, risk management, and continuous enhancement efforts.

• Partner with Engineering to focus on design-for-cost, design-for-manufacturability, and hardware selection.

• Assist Manufacturing and Operations in ensuring supply continuity, demand forecasting, and effective escalation management.

• Coordinate with Quality to guarantee compliance with AS9100, FAA/EASA, and specific customer requirements.

• Align sourcing strategies with Program Management to meet schedule, cost, and performance objectives.

• Ensure all sourcing decisions adhere to aerospace standards, export controls, and internal policies.

• Identify and address risks associated with single-source suppliers, extended lead times, and capacity limitations.

• Facilitate audits and regulatory assessments.

• Monitor and report on cost savings, cost avoidance, and productivity enhancements.

• Maintain spend analytics and commodity dashboards.

• Foster process improvements throughout sourcing and supplier management.

⛳️ Requirements

• A University Degree with a minimum of 5 years of relevant experience, or an Advanced Degree in a related discipline with at least 3 years of experience, or 9 years of relevant experience in lieu of a degree.

• At least 3 years of experience in strategic sourcing or commodity management in aerospace or a highly regulated manufacturing setting.

• Proficient in negotiation and contract management.

• U.S. citizenship is mandatory.

• A Master’s degree or MBA is preferred.

• Experience in managing hardware and fastener commodities is advantageous.

• Familiarity with ERP/MRP systems, particularly SAP, is preferred.

• Knowledge of aerospace drawings, specifications, and standards is preferred.

• Professional certification such as APICS, CPSM, or similar is preferred.

🏝️ Benefits

• Competitive compensation, healthcare, wellness, retirement, and work/life benefits.

• Parental leave, which includes provisions for paternal leave.

• Flexible work schedules.

• Recognition awards for achievements.

• Educational assistance opportunities.

• Backup care for children and adults.

• Medical, dental, and vision insurance coverage.

• Life insurance options.

• Short-term disability coverage.

• Long-term disability coverage.

• 401(k) matching contributions.

• Flexible spending accounts.

• Employee assistance program.

• Employee Scholar Program for educational advancement.

• Paid time off provisions.

• Recognized holidays.

• Opportunities for annual short-term and/or long-term incentive compensation may be available.