Principal Specialist, Global Strategic Sourcing

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

📋 Description

• Formulate and implement strategies for commodity and supplier development pertaining to direct materials and products.

• Oversee requests for quotation (RFQs), perform bid evaluations, offer sourcing recommendations, and carry out quoting strategies.

• Develop and implement supplier contract strategies, which include negotiations on pricing, commercial terms, and legal terms and conditions.

• Choose, assess, and manage strategic suppliers to meet quality, delivery, cost, and performance targets.

• Conduct monthly and quarterly cost evaluations at the part, project, and supplier levels.

• Discover savings opportunities, analyze cost trends, and propose enhancements to product cost frameworks.

• Direct sourcing activities and business case development for buy-to-buy, buy-to-make, and make-to-buy projects.

• Collaborate with Operational Procurement, Engineering, and Program Management during new program launches and production transitions.

• Propel supplier performance improvement initiatives and maintain supplier relationships.

• Assist in supplier development and expansion across designated commodities.

• Lead special projects that involve suppliers and cross-functional teams.

• Ensure timely reporting, analysis, and MRP updates for assigned suppliers and projects.

• Identify opportunities for process improvements and support the implementation of initiatives that enhance sourcing efficiency and overall business performance.

⛳️ Requirements

• Bachelor’s Degree or equivalent experience with a minimum of 5 years of relevant experience, or an Advanced Degree in a related field coupled with at least 3 years of relevant experience.

• Background in strategic sourcing, supply chain management, procurement, commodity management, or a related area.

• U.S. citizenship is mandatory.

• Proficiency in using SAP or other ERP and procurement management systems.

• Experience within the aerospace, defense, or space sector, especially in a manufacturing context.

• Strong communication and presentation abilities, including skills in negotiating with suppliers and presenting recommendations to senior leadership.

• Project management, leadership, and problem-solving capabilities.

• Capacity to independently manage projects, navigate challenges, and ensure successful execution.

• Ability to interpret two-dimensional (2D) engineering drawings and apply technical or manufacturing knowledge to sourcing decisions.

🏝️ Benefits

• Medical, dental, and vision insurance.

• Four weeks of paid time off (PTO) for newly hired employees.

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

• Lifetime Income Strategy option.

• Tuition reimbursement program.

• Student Loan Repayment Program.

• Life insurance and disability coverage.

• Optional pet insurance, home and auto insurance, additional life and accident insurance, critical illness insurance, group legal assistance, and ID theft protection.

• Benefits for birth, adoption, and parental leave.

• Ovia Health, fertility, and family planning support.

• Adoption Assistance.

• Autism Benefit.

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

• Healthy You Incentives wellness rewards program.

• Doctor on Demand virtual doctor visits.

• Bright Horizons child and elder care services.

• Teladoc Medical Experts second opinion program.

• Flexible work schedules.

• Employee Scholar Program.

• Paid time off and holidays.

• Potential for annual short-term and/or long-term incentive compensation programs (not guaranteed).