Commodity and Sourcing Manager

Job title:

Commodity and Sourcing Manager

Company

Raytheon Technologies

Job description

Date Posted: 2024-12-09Country: United KingdomLocation: GBR02: Glenrothes, Scotland, Queensway Industrial Estate, Glenrothes, KY7 5PYPosition Role Type: UnspecifiedJob Role: Commodity and Sourcing ManagerLocation: GlenrothesSkills/Experience Required: Knowledge of mechanical commodities either from a supply chain background or previous mechanical engineering experienceSummary of Role:Reporting to the Senior Commodity & Sourcing Manager in Direct Commodities, the Manager (Commodity Management & Sourcing) is primarily responsible for managing and overseeing all aspects of the commodity and supports MPM / IPT as SME from a programme/commodity perspective. Defines programme material strategy from within Direct Commodities and influences across the business to ensure programmes succeed in execution phase.The Manager (Commodity Management & Sourcing) is the prime internal interface in collaboration with the IPT MPM regarding status and performance of the commodities on the programme. Manager (Commodity Management & Sourcing) is conduit between commodities and supports current programme, supplier performance and follow on business opportunities.The Manager (Commodity Management & Sourcing) is skilled in providing innovative supply chain solutions to support the MPM facilitate program cost and schedule performance. Manager (Commodity Management & Sourcing) conducts Make v Buy exercises, develops sourcing strategies and Business Cases, selects sources, negotiates and manages supplier agreements of various types (Commodity/Service/ Consultant/ International) associated with complex supplier requirements. Liaises with suppliers at various management levels to drive improvement and resolve disputes.Contributes to Business Area and Stakeholder Functional strategies via specific commodity strategies. Manages and monitors supply chain and supports the drive for business growth, efficiency, profitability and inter-company relationships.Main Duties (Leading and supporting):Liaising with peers from other functions and RTX businesses and the Functional LT.Leads or supports cross-functional teams in conducting Make v Buy exercises and developing and deploying commodity strategies. These strategies include: Direct and indirect spend commodities, Target Return on Investment (ROI), Commodity risk management, Service levels, and Approved/preferred suppliers.Engages with Stakeholder Functional leads regarding supplier bid and selection criteria.Participates in / leads supplier assessments and supplier development activity teams, including the administration of appropriate due diligence activityLeverages commodity opportunities and synergies across RTX.Ensures that strategies are in alignment with market conditions, Raytheon requirements, goals and growth plans.Leverages supplier and industry capabilities in conjunction with Stakeholder functions to align functional strategies and identify gaps to link supplier capabilities with Raytheon requirements.Develops Commodity AgreementsDevelops and manages tenders. Performs or supports cost and price analysis, develops negotiation strategies, and leads negotiations in order to create value for money outcomes for procuring goods and servicesProduces business cases/ briefing materials for management reviewsWorks with suppliers and functional stakeholders to achieve collaborative partnering, strategic relationship management to deliver required service level KPIsEstablishes and manages supplier relationships to include supplier continuous improvement/development goals.Executes to customer requirements including government regulations, public law and Raytheon policies and procedures.Actively promotes the contributions that the function can make to achieving corporate objectives across the organisation, with stakeholders and with the supply chainContinually assesses and promotes sustainable and responsible procurement, including social, cultural and diversity values in the organisation and throughout the supply chainUtilises project management skills and techniques when managing suppliers.Evaluates the challenges faced by the organisation and the supply chains and takes action to mitigate risks and to develop opportunitiesResponsible via subordinate personnel to place all non-Production requirements on suppliers in an expeditious and efficient manner in line with Raytheon policy and commodity strategies and to ensure the execution of the orders.Voice of Direct Commodities to liaise with others at own level form other functions, businesses and the Functional Senior Leadership TeamManager (Commodity Management & Sourcing) will cooperate between Supply Chain, IPT and other stakeholders throughout a project lifecycle, with particular focus on coordination during the design and development phasesCollaborates with MPM to create, manage and executes material plan & strategy to ensure programme competitiveness and performance from the front end of the business through contract closureProvides Direct Commodities support for Gates 0-11 activitiesEvaluates the challenges faced by the programme(s)/organisation and the supply chains and takes action to mitigate risks and to develop opportunitiesProduces business cases/ briefing materials for management reviewsSupports MPM & IPT Financial management for material targets & material forecastsCollaborate with MPM/IPT/Senior Commodity & Sourcing Manager the supplier management processSupplier Risk/Opportunity Management Plan, Supplier performance, Supplier metrics,
Develop/evaluate make-buy & sourcing strategy, ensure appropriate Terms & Conditions Agreement; andCommunication and confirm across commodities the specific customer programme flow-down requirements such as DEFCON’s, FAR/DFARS, ITAR, Quality, Warranty, etc.Supporting the front end of the business, the Manager (Commodity Management & Sourcing) identifies and collaborates with MPM/IPT as SME for direct commodities supply base support to engineering and developmentEnsures that commodity strategies are communicated within the IPT and are aligned with market conditions, Raytheon requirements, goals and growth plansManager (Commodity Management & Sourcing) collaborates with key stakeholders on affordability, manufacturability and producibilityEngages across all direct commodities in support of the programme on selection criteriaActively promotes the contributions that Direct Commodities can make to achieve corporate objectives across the organisation, with key stakeholdersCPR representative where requiredDeputise for Senior ManagerCORE Champions for development/improvement initiatives with Key Suppliers.About Raytheon UKWith facilities in Broughton, Glenrothes, Livingston, Harlow, Gloucester, Manchester with presence across other customer sites also. Raytheon UK is invested in the British workforce and the development of UK technology. Across the country Raytheon UK employs 1,700 people and supports 8,000 jobs. As a prime contractor and major supplier to the U.K. Ministry of Defence, Raytheon continues to invest in research and development, supporting innovation and technological advances across its core mission areas Weapons & Sensors, and Cyber, Space & Training.Raytheon UK is a landed company, part of the wider RTX organisation and sits within the Raytheon business.For further details on Raytheon UK please visit our website:Standard Benefits:

• 25 days holiday (increasing to 27 days) + statutory public holidays.
• Contributory Pension Scheme (up to 10.5% company contribution).
• 6 times salary ‘Life Assurance’.
• Flexible Benefits scheme.
• Discretionary Bonus scheme.
• Enhanced family friendly policies.
• 37hr standard working week, with an early finish on Fridays whilst operating a ‘Hybrid Working Model’*
• Canteen facilities are available at Harlow & Glenrothes sites. Manchester & Gloucester offer free snacks & drinks (hot & cold).
• Opportunities to support volunteering for the STEM events or local community events

• Our Hybrid Working Model supports flexible working arrangements on a formal or informal arrangement, considering both location and/or working hours, subject to business and customer needs. Please highlight any flexible requirements to our Recruitment team to explore the opportunities.

Diversity:Diversity is a core business imperative at Raytheon. We are an equal opportunity employer that promotes inclusiveness and always employs the best professionals for the job. Having a diverse workforce allows Raytheon to draw upon a range of different ideas and experiences which supports growing our business and creates an environment where everyone has an equal opportunity for success.Raytheon UK pro-actively encourages diversity of ideas, thoughts, and networking opportunities and has created Employee Resource Groups (ERGs) that support Diversity, Equity and Inclusion which includes RTX ADAPT, RTX WISE, RTX VETS, RTX NXTGEN, RTX MCN and RTX Pride. For further detail please visit the diversity page on our website:Raytheon UK recognise that our people are the critical factor in our success, and we strive to provide a challenging and rewarding careers.We’re also delighted to have been recognised as a Gold Award Employer as part of the HM’s Armed Forces Covenant and the Human Rights Campaign’s 2021 Corporate Equality Index as a ‘best place to work for LGBTQ Equality’.Support and Adjustment:Please contact a member of the recruitment team during the recruitment process to discuss any support or adjustments required.RTX adheres to the principles of equal employment. All qualified applications will be given careful consideration without regard to ethnicity, color, religion, gender, sexual orientation or identity, national origin, disability, protected veteran status or any other characteristic protected by law.Privacy Policy and Terms:Click on this to read the Policy and Terms

Expected salary

Location

Glenrothes, Fife

Job date

Sun, 26 Jan 2025 08:32:57 GMT

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