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Principal Commodity Specialist Management

3 months ago

Glenrothes, Fife, United Kingdom myGwork Full time

This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ+ business community.

Date Posted:

2024-06-19

Country:

United Kingdom

Location:

GBR02: Glenrothes, Scotland, Queensway Industrial Estate, Glenrothes, KY7 5PY

Position Role Type:

Unspecified

Location(s): UK (desired: London, Essex, Bedfordshire, Hertfordshire, Berkshire, Fife and West Lothian)

Summary of Role:

Principle Specialist (Senior Buyer) conducts Make v Buy exercises, develops sourcing strategies and Business Cases, selects sources, negotiates and manages supplier agreements of various types (Commodity/Service/ Consultant/ International) associated with medium complexity supplier requirements. Liaises with suppliers at various middle management levels to drive improvement and resolve disputes. Contributes to Business Area and Stakeholder Functional strategies via specific commodity strategies. Manages and monitors supply chain and supports the drive for business growth, efficiency, profitability and inter company relationships.

Main Duties (Leading and/or Supporting):

  • Liaising with peers from other functions and RTX businesses and the Functional LT.
  • Leads or supports cross-functional teams in conducting Make v Buy exercises and developing and deploying commodity strategies of medium complexity.
  • These strategies include:
    • direct and indirect spend commodities,
    • Target Return on Investment (ROI),
    • commodity risk management,
    • service levels, and
    • approved/preferred suppliers.
  • Engages with Stakeholder Functional leads regarding supplier bid and selection criteria.
  • Participates in / leads supplier assessments and supplier development activity teams, including the administration of appropriate due diligence activity
  • Leverages commodity opportunities and synergies across RTX.
  • Ensures that strategies are in alignment with market conditions, Raytheon requirements, goals and growth plans.
  • Leverages supplier and industry capabilities in conjunction with Stakeholder functions to align functional strategies and identify gaps to link supplier capabilities with Raytheon requirements.
  • Develops Commodity Agreements
  • Develops and manages tenders. Performs or supports cost and price analysis, develops negotiation strategies, and leads negotiations in order to create value for money outcomes for procuring goods and services
  • Produces business cases/ briefing materials for management reviews
  • Works with suppliers and functional stakeholders to achieve collaborative partnering, strategic relationship management to deliver required service level KPIs
  • Establishes and manages supplier relationships to include supplier continuous improvement/development goals.
  • Executes to customer requirements including government regulations, public law and Raytheon policies and procedures.
  • Actively promotes the contributions that the function can make to achieving corporate objectives across the organisation, with stakeholders and with the supply chain
  • Continually assesses and promotes sustainable and responsible procurement, including social, cultural and diversity values in the organisation and throughout the supply chain
  • Utilises project management skills and techniques when managing suppliers.
  • Evaluates the challenges faced by the organisation and the supply chains and takes action to mitigate risks and to develop opportunities
  • Responsible via subordinate personnel to place all non-Production requirements on suppliers in an expeditious and efficient manner in line with Raytheon policy and commodity strategies and to ensure the execution of the orders.

Candidate Requirements:

Essential:

  • Experience in Supply Chain, Subcontract Management, Procurement, Commodity and/or related field
  • Related degree/MCIPS or equivalent
  • Experience in managing stakeholder groups
  • Flexible and positive attitude
  • Able to lead or perform effectively in a multi functional team
  • Excellent verbal and written communications and ability to brief at mid-mgmt level
  • Knowledge of import/export legislation and logistical requirements
  • Administration of delivery/acceptance/invoicing of goods and services
  • Experience in or exposure to negotiating low/medium complexity non-standard agreements including Service Level requirements
  • Experience of delivering continuous improvement. Experience of problem solving and dispute resolution at mid-management level
  • Experience or knowledge of MRP, SAP and purchase order placement/ material receipt processes

Desirable:

  • Programme management skills
  • Ability/Experience to manage a medium sized team with focus on policy and strategy implementation, along with operational plans with measurable contribution towards the achievement of results of the sub-function.
  • Experience in development of operational plans that generates processes and standards in support of the functional strategy and goals.
  • Experience as Control Account Manager
  • Experience of Team mate selection and Teaming Agreements
  • Experience developing and managing Subcontractor Relationship Management and collaborative working
  • 6 Sigma process improvement skillset
  • Experience of working with international suppliers/programmes

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