Procurement Specialist for Advanced Product Solutions
17 hours ago
Job Summary:
RTX Corporation is seeking an experienced Procurement Specialist to join our Operations and Supply Chain organization, Advanced Product Solutions (APS) Mechanical Technology team.
This Principal Procurement Specialist role will manage medium to high complexity machining, sheet metal, and casting commodity procurements.
Key Responsibilities:
- Develop sourcing and negotiation strategy with key suppliers
- Develop a portfolio of subcontracts and procurement activities
- Ensure all purchases orders (PO) and agreements are executed in full compliance to the FAR, DFARs, and company policies & procedures
- Represent the Supply Chain organization at various levels of functional and cross-functional teams
- Manage and build relationship with suppliers to ensure supplier performance will be in alignment with program execution and business priorities
- Lead procurement activities and be the focal point for supplier performance
- Perform Price and/or Cost Analysis in compliance with FAR and DFARS requirement
- Negotiate price, schedule, and Terms & Conditions with suppliers/subcontractors
- Prepare purchase order documentation in compliance with FAR and DFARs regulations, prime flow downs, and company policy
- Manage various contract types such as Firm Fixed Price, FFPLOE, Time and Materials, etc.
Requirements:
- Bachelor's degree and a minimum of 5 years prior relevant experience, or an Advanced Degree in a related field and a minimum of 3 years' experience
- Experience with NDA/PIAs, RFx, and Purchase Orders activities
- Review proposals from prospective suppliers and analyze cost/price, technical capability, and financial viability, conducting investigations to ensure ability to perform within cost and schedule
- S. government issued security clearance is required
- Ability to travel domestically when necessary
- Experience with SAP and Microsoft Office Suite of Products
- Experience with reading and understanding drawings, specifications and applicable technical data package including complex SSOWs
- Prior experience with multiple subcontract types including but not limited to Firm Fixed Price (FFP), Time and Material (T&M), Cost Plus Fixed Fee (CPFF), Cost Plus Incentive Fee (CPIF)
- Experience with import/export regulations (ITAR/EAR)
About RTX Corporation:
RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide.
It comprises three industry-leading businesses – Collins Aerospace Systems, Pratt & Whitney, and Raytheon.
The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, VA.
RTX is committed to creating a company where all employees are respected, valued and supported in the pursuit of their goals.
We know companies that embrace diversity in all its forms not only deliver stronger business results, but also become a force for good, fueling stronger business performance and greater opportunity for employees, partners, investors and communities to succeed.
Benefits:
Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays.
Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement.
Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement.
Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company's performance.
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