JOB SUMMARY:

A Strategic Sourcing professional is well-versed in strategic supply chain principles and contributes to the development of supply chain strategies that align with company and department goals. Through reading, understanding, and interpreting supplier contracts, a Strategic Sourcing professional can negotiate and manage long-term pricing agreements. This position will also analyze financial aspects of contracts, make cost comparisons, and use pricing formulas. Keeps contracts up-to-date and follow all laws, company rules, and good business practices.

JOB RESPONSIBILITIES:

·         Knowledgeable in strategic supply chain principles and provides input into supply chain strategies supporting company/department objectives.

·         Maintains and supports timely control of amendments, SOW changes, extensions, and other required documentation to assure orderly administration and retention of records.

·         Complies with all public law requirements as well as company (and business) policies and procedures, import/export regulations, and employs sound business practice.

·         Possesses financial analytical skills necessary to review contractual agreements, perform cost comparisons, utilize pre-existing pricing formulas.

·         Demonstrates negotiation skills necessary to secure price, delivery schedule, terms & conditions for Pricing Agreements (PAs), Master Purchasing Agreements (MPAs), and/or other related contract agreements

·         Negotiate/Administer Long Term Agreements and Pricing Agreements as required, identifying cost savings initiatives as planned and forecasted.

·         Read and interpret supplier agreements/contracts.

·         Drafts, negotiates, and obtains management approval for contractual Long-Term Agreements, Pricing Agreements.

·         Develops and implements negotiation strategies that have financial and risk impacts to the company.

·         Leads supplier contract negotiations and re-negotiations in support of Textron’s and business unit strategic direction.

·         May act as informal mentor to peers by providing guidance, training, support, etc.

·         Manages responsibilities with management approval.

EDUCATION/ EXPERIENCE:

Bachelor’s degree required in Supply Chain Management, Business, Economics, or relate