Raytheon Technologies Procurement Specialist in McKinney, Texas
Raytheon Technologies is seeking a strong Procurement Specialist to join the Raytheon Intelligence & Space (RIS) Acquisitions Team. This position will manage medium complexity acquisitions to support all RIS locations. Metal fabrication experience (casting, machining, forging, special processing) is highly desirable. The Buyer will be the focal point for interface and communications between the Programs and the Suppliers for these procurements.
The Buyer should have proficient knowledge and experience in the acquisition/sourcing process, supporting analyses and the ability to help create and implement strategic commodity plans. Sourcing activities will include but is not limited to, generating and managing several simultaneous competitive & single source sourcing efforts, contract negotiations of low-medium value, price analysis and limiting exposure to the Programs for high risk projects.
Therefore, associate will be able to lead and support cross-functional teams for sourcing initiatives to drive standardization, cost reductions, service and quality excellence and drive the implementation of best practices. In addition, they will manage both internal and external relationships to ensure key stakeholders are actively engaged on the overall process, timing, and objectives.
Sourcing, negotiating, awarding and documenting purchases for materials and services for microelectronics & power products, optics and major assembly requirements. Procurements will include commercial parts, build to print, and SSOW requirements.
Compiling and analyzing data to perform price analysis as well as reviewing proposals to establish price objectives.
Performing Bid/proposal activities including PIAs (Proprietary Information Agreements, RFIs, and RFQs.
Ensuring that requirements (prime contract, quality, terms and conditions) are properly communicated to suppliers in bid and proposal activity as well as Purchase Orders.
Making source selections using techniques such as best value, Total Cost of Ownership and market analysis to determine price reasonableness etc.
Performing cost analyses, conducting negotiations, and identifying supplier risks.
Interfacing with internal customers and suppliers to ensure that the material/services are delivered on-time and in accordance with the specifications and quality notes documented in the Purchase Order. Managing supplier performance to cost, schedule and quality requirements.
Executing to customer requirements including government regulations, public law and Raytheon policies and procedures.
Responsibilities may include:
5+ years of related experience in major complex assemblies or relevant experience in procurement/sub-contracts role.
Experience developing sourcing strategies and executing agreements
Ability to read and understand drawings, specifications, and other engineering documents including SOWs
Working knowledge of and ability to insure subcontract compliance with Public Laws, Raytheon policies, Federal Acquisition Regulations (FAR/DFAR), and ITAR and import/export requirements
High proficiency in use of Microsoft Products, SAP, on-line PO documentation tools, Supplier management tools, Drawing management systems and general knowledge of Supply Chain processes
Ability to simultaneously manage multiple projects from start to completion
Demonstrated ability to lead negotiations (price, schedule and supplier exceptions to contractual flow down requirements, Terms and Conditions)
Proficiency to perform and comprehend price analyses and source selection/justification
Strong interpersonal skills with proven ability to communicate effectively both verbally and in writing with internal customers and suppliers.
Proven experience in handling multiple decisions based on workload dispersion, program priorities, and competing priorities
Intermediate to advance Excel, Word and PowerPoint skills required
Ability to filter information from multiple sources to drive innovative solutions
Effective at influencing others
Demonstrated ability to quickly assimilate new information, processes and tools
Strong problem solving skills
Six Sigma or equivalent certification
Must be able to obtain a US Government Security Clearance
Knowledge of an Enterprise Resource Planning application
Ability to be a self-starter and independent worker
Ability to quickly gain a fact-based understanding of current supplier base and major trends in relevant markets
Required Experience and Education:
Minimum 5 years’ experience and Bachelor's Degree BS or BA (preferably in Business, Supply Chain Management, Contract Administration, Engineering) 182591
Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.