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 focused on direct materials and products.

• Oversee requests for quotations (RFQs), perform bid analyses, offer sourcing recommendations, and execute quoting strategies.

• Create and implement supplier contract strategies, including negotiations on pricing, commercial terms, and legal conditions.

• Select, qualify, and manage strategic suppliers to meet quality, delivery, cost, and performance goals.

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

• Identify opportunities for savings, assess cost trends, and suggest improvements to product cost structures.

• Lead sourcing activities and develop business cases for buy-to-buy, buy-to-make, and make-to-buy initiatives.

• Collaborate with Operational Procurement, Engineering, and Program Management on new program introductions and production transfers.

• Propel initiatives for supplier performance improvement and manage supplier relationships.

• Assist in supplier development and expansion within assigned commodities.

• Direct supplier and cross-functional special projects.

• Ensure timely reporting, analysis, and updates on material requirements planning (MRP).

• Recognize process improvement opportunities and support the implementation of initiatives that enhance sourcing effectiveness and business performance.

⛳️ Requirements

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

• Proven experience in strategic sourcing, supply chain management, procurement, commodity management, or a related field.

• U.S. citizenship is required.

• Familiarity with SAP or other ERP and procurement management systems is preferred.

• Experience in the aerospace, defense, or space industries, especially within a manufacturing context, is preferred.

• Strong communication and presentation skills, including supplier negotiation and delivering recommendations to senior leadership.

• Skills in project management, leadership, and problem-solving.

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

• Ability to interpret two-dimensional (2D) engineering drawings.

• Technical or manufacturing knowledge relevant to sourcing decisions.

🏝️ Benefits

• Medical, dental, and vision insurance.

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

• Generous 401(k) plan featuring employer matching funds and a separate employer retirement contribution.

• Lifetime Income Strategy option available.

• Tuition reimbursement program.

• Student Loan Repayment Program.

• Life insurance and disability coverage offered.

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

• Benefits for birth, adoption, and parental leave.

• Ovia Health, fertility, and family planning support.

• Adoption Assistance available.

• Autism Benefit included.

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

• Healthy You Incentives wellness rewards program.

• Virtual doctor visits through Doctor on Demand.

• Bright Horizons child and elder care services.

• Access to Teladoc Medical Experts for second opinions.

• Flexible work schedules offered.

• Employee Scholar Program available.

• Paid time off and holidays provided.

• Annual short-term and/or long-term incentive compensation programs may be available based on position level and collective-bargaining coverage.

• Remote work arrangements can be discussed.

• Potential for onsite presence discussions for employees residing near a Collins site.