Principal Specialist, Commodity Management & Sourcing

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

📋 Description

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

• Lead initiatives for should-cost modeling, value analysis/value engineering (VA/VE), and cost reduction plans.

• Drive efforts in standardization, part rationalization, and the establishment of preferred hardware lists.

• Select, qualify, and manage key strategic suppliers.

• Oversee contract negotiations, long-term agreements, and pricing strategies.

• Monitor supplier performance and take corrective actions when necessary.

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

• Work closely with Engineering on design-for-cost, design-for-manufacturability, and hardware selection processes.

• Assist Manufacturing and Operations in ensuring supply continuity, demand forecasting, and managing escalations.

• Ensure adherence to AS9100, FAA/EASA, and specific customer requirements.

• Align sourcing strategies with the targets of Program Management.

• Guarantee compliance with aerospace standards, export controls, and internal policies.

• Identify and mitigate risks in the supply chain.

• Support audits and regulatory reviews.

• Track and report on cost savings, cost avoidance, and improvements in productivity.

• Maintain spend analytics and commodity dashboards.

• Foster process improvements in sourcing and supplier management.

⛳️ Requirements

• A University 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, or 9 years of relevant experience without a degree.

• At least 3 years of experience in strategic sourcing or commodity management within the aerospace sector or a highly regulated manufacturing environment.

• Proven experience in negotiation and contract management.

• U.S. citizenship is mandatory.

• Preferred experience in managing hardware and fastener commodities.

• Strong analytical, communication, and cross-functional leadership skills preferred.

• Familiarity with ERP/MRP systems; SAP experience is preferred.

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

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

• A Master’s degree or MBA is preferred.

🏝️ Benefits

• Comprehensive compensation package including healthcare, wellness, retirement, and work/life benefits.

• Parental leave, including for fathers.

• Flexible work schedules.

• Achievement awards.

• Educational assistance programs.

• Backup care for children and adults.

• Medical, dental, vision, and life insurance coverage.

• Short-term and long-term disability plans.

• 401(k) matching contributions.

• Flexible spending accounts.

• Employee assistance program.

• Employee Scholar Program.

• Paid time off and holidays.

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