Procurement Principal Specialist

Are you a strategic thinker with a passion for driving efficiency and cost savings? Do you thrive in fast-paced environments and enjoy collaborating with cross-functional teams? Raytheon Technologies is seeking a Procurement Principal Specialist to join our dynamic and innovative team. As a Procurement Principal Specialist, you will play a critical role in ensuring the success of our procurement processes by developing and implementing strategic sourcing strategies. This is an exciting opportunity for a highly motivated individual who possesses strong leadership skills and a deep understanding of procurement best practices. If you are ready to take on a challenging and rewarding role, we invite you to apply for this position.

1. Develop and implement strategic sourcing strategies to drive efficiency and cost savings for the company.
2. Collaborate with cross-functional teams to understand business needs and identify opportunities for procurement process improvement.
3. Lead and manage procurement projects, ensuring timelines are met and objectives are achieved.
4. Analyze market trends and conduct supplier evaluations to identify potential cost savings opportunities.
5. Negotiate contracts and pricing with suppliers to achieve the best value for the company.
6. Monitor supplier performance and take corrective actions as needed.
7. Stay updated on industry best practices and trends in procurement to continuously improve processes and strategies.
8. Develop and maintain relationships with key suppliers to ensure a reliable and cost-effective supply chain.
9. Provide guidance and mentorship to other procurement team members.
10. Ensure compliance with company policies and procedures, as well as legal and regulatory requirements.
11. Communicate and present procurement strategies and results to senior management.
12. Proactively identify and mitigate potential risks in the supply chain.

According to JobzMall, the average salary range for a Procurement Principal Specialist in Columbus, GA, USA is $78,000-$93,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual.

The Raytheon Company is a major US defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. United Technologies Corporation was an American multinational conglomerate headquartered in Farmington, Connecticut. It merged with the Raytheon Company in April 2020 to form Raytheon Technologies.