Commodity Manager

Raytheon Technologies • Full-time • Chula Vista, CA, US • 6d ago

Job Description:

Responsible for developing and implementing Strategic Sourcing and Commodity Management strategies including but not limited to cost savings projects, mitigation of price increases, improve pay terms, contract negotiations and administrations, creating RFQs, analyzing RFQ results, building business cases, developing new suppliers and transitioning work to more optimal suppliers.

Responsibilities:

Responsible for the development and execution of commodity, sourcing and supplier development strategies for a set of Mechanical Fabrication Suppliers
Ensure the achievement of key goals in the areas of supplier performance, product cost reduction, management and execution of supplier agreements and monitor the compliance to those agreements
Conduct RFQs and perform bid analysis
Support LTA negotiations and complex negotiations
Organize efforts with regards to supplier performance improvements and Supplier onsite support on critical recovery plans
Work with Operational Procurement, Engineering and Program Management to ensure the successful introduction of new programs and successful transfer of production requirements to new suppliers
Support multiple buy to buy, buy to make, and make to buy projects
Collaborate with cross functional teams to develop broad based commodity or supplier strategies
Drive special projects with Suppliers and cross-functional teams across the organization

Requirements:

Typically requires a University Degree and minimum 3 years prior relevant experience
3+ years experience in Supply Chain/Sourcing/Commodity Management
1+ years experience negotiating contracts

Preferred: