Principal Specialist – Commodity Management and Sourcing

ProcurementProcurementFull TimeRemoteTeam 10,001+Since 2020H1B No SponsorCompany SiteLinkedIn

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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