Principal Specialist – Commodity Management and Sourcing
Location
Connecticut
Posted
32 days ago
Salary
$86.8K - $165.2K / year
Bachelor Degree5 yrs expEnglish
Job Description
• Develop and execute global/regional commodity strategies for aerospace hardware and fasteners (bolts, nuts, screws, inserts, pins, specialty hardware, etc.).
• Lead should-cost modeling, VA/VE initiatives, and cost reduction roadmaps across active programs.
• Drive standardization, part rationalization, and preferred hardware lists to reduce complexity and total cost of ownership.
• Select, qualify, and manage strategic suppliers in alignment with quality, delivery, and cost objectives.
• Lead contract negotiations, long-term agreements (LTAs), and pricing strategies.
• Monitor supplier performance (OTD, quality, cost) and implement corrective actions as needed.
• Collaborate with suppliers on capacity planning, risk mitigation, and continuous improvement initiatives.
• Partner with Engineering to influence design-for-cost, design-for-manufacturability, and hardware selection decisions.
• Support Manufacturing and Operations with supply continuity, demand forecasting, and escalation management.
• Work with Quality to ensure compliance with AS9100, FAA/EASA, and customer-specific requirements.
• Align sourcing strategies with Program Management to support schedule, cost, and performance targets.
• Ensure sourcing decisions comply with aerospace standards, export controls, and internal policies.
• Identify and mitigate supply chain risks related to single-source suppliers, long lead times, and capacity constraints.
• Support audits and regulatory reviews as required.
• Track and report cost savings, cost avoidance, and productivity improvements.
• Maintain accurate spend analytics and commodity dashboards.
• Drive process improvements across sourcing and supplier management activities.
Job Requirements
- Bachelor’s degree in Supply Chain Management, Engineering, Business, or a related field.
- Minimum 5 years of strategic sourcing or commodity management experience in aerospace or a highly regulated manufacturing environment.
- Strong experience managing hardware and fastener commodities.
- Demonstrated success managing embedded or design-in spend.
- Proven negotiation and contract management skills.
- Strong analytical, communication, and cross-functional leadership abilities.
Benefits
- Parental (including paternal) leave
- Flexible work schedules
- Achievement awards
- Educational assistance
- Child/adult backup care
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