Description
Job Title: Senior Analyst, Commodity Management & Sourcing
Location(s): Hybrid working but with travel to Harlow or Glenrothes as the primary sites.
Summary of Role:
Within the Weapons and Sensors Business Area, one of the largest operating areas within the Raytheon UK business, the dynamic Commodity team are an integral part of the Supply Chain team. The Team are involved in several exciting and high-profile programmes and accountable for partnering and promoting relationship management strategies, resolving risk and challenges within the supply chain and bring material & services into Raytheon safeguarding continuity of supply, to the highest quality and deliver on time.
Reporting to the Senior Manager Commodity and Sourcing, for the Weapons and Sensors Business Area, the Senior Analyst will support Make v Buy exercises, contributes to 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.
At Raytheon UK (RSL), we are driven by innovation and integrity. We believe that by applying the highest standards of business ethics and visionary thinking, everything is within our reach and yours as a RSL employee.
If you think you have what it takes and want to join a dynamic organisation, then read on!
Main Duties (Leading and/or Supporting):- Liaising with peers from other functions and RTX businesses and the Functional LT.
- 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 supplier assessments and supplier development activity teams, including the administration of appropriate due diligence activity
- Leverages commodity opportunities and synergies across RTX.
- Ensures that strategies are in alignment with market conditions, RSL 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 RSL requirements.
- Supporting and leading the development of Commodity Agreements
- Supporting the development and management of 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 services
- Contributes to business cases/ briefing materials for management reviews
- Works with suppliers and functional stakeholders to achieve collaborative partnering, strategic relationship management to deliver required service level KPIs
- Establishes 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 chain
- Continually assesses and promotes sustainable and responsible procurement, including social, cultural and diversity values in the organisation and throughout the supply chain
- Evaluates the challenges faced by the organisation and the supply chains and takes action to mitigate risks and to develop opportunities
Candidate Requirements:
Essential: - Flexible and positive attitude
- Able to perform effectively in a multi-functional team
- Excellent verbal and written communications
- Experience of problem solving and dispute resolution
- Administration of delivery/acceptance/invoicing of goods and services
- Good negotiation skills
- Excellent IT skills and navigate though Word / Excel / PowerPoint / Email applications
- Good presentation skills
- Strong business / commercial acumen
Desirable: - Related degree/ MCIPS / BA / MBA / B.Eng / M.Eng / MSc or equivalent
- Experience in Subcontract Management, Procurement, Commodity and/or related field
- Exposure to working in a commodity area
- Experience in or exposure to negotiating Low/medium complexity non-standard agreements
- Experience or knowledge of MRP, SAP and purchase order placement / material receipt processes
- Experience of developing and managing Subcontractor Relationship Management and collaborative working
- Knowledge of import / export legislation and logistical requirements
- Experience of working with international suppliers/programmes
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