Principal Procurement Specialist

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Location: 2501 West University, McKinney, TX, 75070 USA

Date Posted:

Country: United States of America

Position Role Type: Remote

U.S. Citizen, U.S. Person, or Immigration Status Requirements: U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Security Clearance: None/Not Required

At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems that create a safer, more secure world.

Raytheon is seeking an experienced Procurement professional to join our Operations and Supply Chain (OSC) organization, Advanced Production Solutions (APS) Sub-Business Unit. This Principal Procurement Specialist role will operate as the focal point of interface between Raytheon Programs and suppliers managing medium and high complexity procurements. You will be responsible for developing sourcing and negotiation strategies with key suppliers, develop a portfolio of subcontracts and procurement activities.

You will ensure all purchases orders (PO) and agreements are executed in full compliance to the FAR, DFARs, and company policies & procedures. You will represent the Supply Chain organization at various levels of functional and cross functional teams; manage and build relationships with suppliers to ensure supplier performance will be in alignment with program execution and business priorities.

• Develop business partner relationships with suppliers as well as internal stakeholders.
• Lead procurement activities and be the focal point for supplier performance.
• Lead Supplier interaction and collaboration with internal cross‑functional teams to manage a variety of procurements including but not limited to build‑to‑print, performance specifications, Supplier Statements of Work (SSOWs), with medium/high complexity.
• Participate in capture/proposal efforts, review adequacy of requirements flow‑down, generate RFI/RFQ/RFPs, and lead Best Value Source Selection and down‑select activities.
• Perform Price and/or Cost Analysis in compliance with FAR and DFARS requirement.
• Develop negotiation strategy and lead multi‑functional negotiation teams; negotiate price, schedule, and Terms & Conditions with suppliers/subcontractors.
• Prepare purchase order documentation in compliance with FAR and DFARs regulations, prime flow downs, company policies, procedures, and command media.
• Execute and manage various types of contractual activities / agreements, such as PIA, Letter Subcontracts, Long Term Agreement, Bailment, etc.
• Post award PO / Supplier management to ensure meeting program requirements (quality, schedule, financial, etc.).
• Communicate clearly and effectively, be proactive in a very fast‑paced environment; flexible, creative thinking, work with speed and agility while ensuring compliance to company and government requirements.
• Minimal travel as needed.

• Typically requires a Bachelor’s and a minimum of 5 years prior relevant experience, or an Advance Degree in a related field and a minimum of 3 years’ experience.
• Experience with DoD procurement/subcontract compliance with Public Laws, Policies, Federal Acquisition Regulations (FAR/DFAR), and ITAR and import/export requirements.
• U.S. Person (U.S. citizen, permanent resident, refugee or asylee) or eligible to obtain necessary export authorizations required. https://(Use the "Apply for this Job" box below)..62

• Experience in leading formal negotiations (price, schedule, and supplier exceptions to contractual flow‑down requirements, as well as standard Terms and Conditions).
• Experience with NDA/PIAs, RFx, and Purchase Orders activities. Review proposals from prospective suppliers and analyze cost/price, technical capability, and financial viability,…