Procurement Specialist
3 weeks ago
Astrolab is seeking a highly skilled Procurement Specialist to join our team. As a Procurement Specialist, you will be responsible for sourcing, negotiating, and purchasing materials, components, and services needed to support our engineering and operations teams.
Key Responsibilities:
- Develop base supporting critical commodities for all products and assemblies from NPI and through production phases
- Develop Commodity Strategies in alignment with new market trends and supplier cost, quality, delivery performance across all direct BOM items
- Conduct comprehensive should cost analysis to inform 'Make vs. Buy' decisions taking short term NPI requirements and long term vertical integration strategy into consideration
- Work directly with key suppliers to develop and implement sourcing and cost management strategies that support existing platforms and new product development
- Create purchase orders, manage orders' delivery status, and drive schedule recovery campaigns
- Act as the supplier interface for complete RFx processes and negotiations of long term contracts
- Partner with internal resources to drive adoption of low-cost parts and avoidance of inventory obsolescence
- Visit supplier facilities and accurately assess operational capability, financial health, and capacity to award contracts in support of new product development and long-term production
- Manage costs to ensure alignment with program budget
- Present value propositions to executives, including those related to contract award, cost reviews, cost reduction strategies and critical supply issues
- Independently negotiate with suppliers' contract terminology, technical requirements, scope and terms involving responsibility, liability, indemnification, intellectual property, and export compliance
- Work closely with engineering, production, and finance teams to align procurement activities with project timelines and budgetary constraints
- Manage open orders from PO release through to delivery, ensuring suppliers meet promise dates
- Ensure all purchases comply with company policies and regulatory requirements, maintaining accurate records of purchases and contracts
Requirements:
- Bachelor's degree in supply chain management, business, or a related field and 3+ years of experience in procurement, purchasing, or supply chain management OR 6+ years of experience in procurement, purchasing, or supply chain
- Experience sourcing suppliers and directly negotiating contracts
- Ability to manage multiple projects simultaneously and meet deadlines
- Excellent analytical and problem-solving skills
- Proficiency in procurement software (e.g. NetSuite) and Microsoft Excel
- Deep experience in direct procurement for aerospace, automotive, or industries with complex internal requirements and external constraints
- Experience with developing and implementing a procurement transformation processes including but not limited to ERP, MRP, and inventory systems
Additional Responsibilities:
- Availability for periodic offsite field visits and associated travel
Benefits and Perks:
- Work with a team of best-in-class engineers building the foundation of planetary surface exploration
- Ownership in the company
- Medical, dental, and vision coverage
- 401(k) with matching
- Flexible time off and parental leave
- On-site snacks, beverages, and 2x weekly lunches
- Flexible work environment
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