Principal Specialist, Procurement - New Product Introduction

Principal Specialist, Procurement NPIAt RTX, the world largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world's most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world.Collins Aerospace is a leader in technologically advanced, intelligent solutions that help redefine the aerospace and defense industry. With a comprehensive portfolio and deep technical expertise, we help customers meet the demands of the global market. Join us and help shape the future of aerospace and defense.The Principal Specialist, Procurement NPI leads NPI procurement activities including sourcing, supplier selection, negotiations, cost management, and program execution. Drives supplier performance and delivery assurance while resolving escalations and ensuring on-time delivery, quality, and cost objectives. Partners cross-functionally to mitigate supply risks, manage contracts and purchase orders, and identify process and cost improvements.What You Will Do:Manages execution of processes, standards, and operational plans in support of Procurement strategy, including RFPs, negotiation strategy, cost accountability, and/or program execution.Monitors and coordinates suppliers to schedule or expedite deliveries to ensure resolution of problems such as shortages and missed or late deliveries.Manages escalations and drive resolution of internal customer issues or problems through independent and cross functional actions.Perform advanced delivery assurance actions with high pain supplier(s) to mitigate production floor and end customer impact.Support and perform various report out activities to support internal and external customer requests.Directs programs for effective vendor selection and management with a view to minimize purchasing costs without compromising quality or reliability of supply.Reviews changes in price trends and manufacturing processes and makes recommendations to ensure successful procurement process.Authorizes purchase orders, negotiates prices and approves payments to support the procurement process.Analyzes and monitors contract performance to ensure compliance with contractual obligations and to help determine need for changes.Responsible for overseeing supplier relationships and ensuring supplier performance.Directs and manages all schedules, and purchase orders.Ensures product is delivered on time, meets quality standards, and at the right cost.Makes recommendation for process improvementsMay oversee material cost estimating functions.Oversees team's compliance documentation.Other duties as needed.Qualifications You Must Have:Typically requires a University Degree or equivalent experience and minimum 5 years prior relevant experience, or An Advanced Degree in a related field and minimum 3 years experienceUS CitizenQualifications We Prefer:Experience in the Aerospace and manufacturing/operations industryWorks well in a team environment, highly motivatedAbility to multi-task and meet deadlinesManaging cost reduction initiativesLean manufacturing experience and Knowledge of Continuous Improvement / COREFamiliarity with SAPWhat We Offer:Medical, dental, and vision insuranceThree weeks of vacation for newly hired employeesGenerous 401(k) plan that includes employer matching funds and separate employer retirement contribution, including a Lifetime Income Strategy optionTuition reimbursement programStudent Loan Repayment ProgramLife insurance and disability coverageOptional coverages you can buy pet insurance, home and auto insurance, additional life and accident insurance, critical illness insurance, group legal, ID theft protectionBirth, adoption, parental leave benefitsOvia Health, fertility, and family planningAdoption AssistanceAutism BenefitEmployee Assistance Plan, including up to 10 free counseling sessionsHealthy You Incentives, wellness rewards programDoctor on Demand, virtual doctor visitsBright Horizons, child and elder care servicesTeladoc Medical Experts, second opinion programAnd more!