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Job Description
The Procurement Analyst Principal who specializes in Electronic Components and cables is responsible for sourcing, procuring, and managing the supply of Electronic Distribution within the Defense Aerospace industry, particularly those that require precision engineering. The role involves working with suppliers to ensure the timely and cost-effective delivery of high-quality parts from prototype through ramp to production.
Essential Functions:
Essential Functions:
- Responsible for implementation of the sourcing processes and improvement initiatives based on the strategy and tactical plans developed by category management.
- Develop/maintain supplier base by actively sourcing, identifying and evaluating suppliers and conduct negotiation process in assigned commodity to obtain the maximum benefit for the company.
- Selecting and monitoring suppliers and ensuring their ability to meet Delivery and quality standards.
- Work with existing and new suppliers to lower materials cost through value engineering, reverse engineering, new design, alternative substitution, or relaxing of tolerance or standardizing of materials.
- Perform compliance and price analysis supporting documentation in accordance with departmental procedures.
- Negotiate Terms and Conditions
- Performs other duties as assigned.
- Prepares/reviews proposals, develops evaluation criteria, selects or recommends suppliers, creates electronic purchase orders (ePO) files for review, prepares awards and administers resulting purchase orders. Negotiates additions, deletions, or modifications to purchase orders and resolves invoicing issues.