What are the responsibilities and job description for the Principal Electronics Component Buyer position at BAE Systems?
Job Description:
The Procurement Analyst Principle specializes in Electronic Components, responsible for sourcing, procuring, and managing the supply of electronic Distribution within the Defense Aerospace industry.
This role involves working with suppliers to ensure timely and cost-effective delivery of high-quality parts from prototype through ramp to production.
Key Responsibilities:
- Implementation of sourcing processes and improvement initiatives based on strategy and tactical plans developed by category management.
- Developing and maintaining a supplier base by actively sourcing, identifying, and evaluating suppliers and conducting negotiation processes to obtain maximum benefit for the company.
- Selecting and monitoring suppliers to ensure their ability to meet delivery and quality standards.
- Collaborating with existing and new suppliers to lower materials costs through value engineering, reverse engineering, new design, alternative substitution, or relaxing of tolerance or standardizing of materials.
- Performing compliance and price analysis supporting documentation in accordance with departmental procedures.
Requirements:
- Bachelor's degree and 6 years of procurement and/or supply chain management experience; or High School diploma and 10 years of procurement and/or supply chain management experience in lieu of degree.
- Experience in a large, complex multifaceted electronics design & manufacturing environment.
- Candidate must be able to read and interpret drawings.
- Familiarity with defense aerospace industry regulations and the understanding of the role of procurement in complex industries.
- Experience leading major procurement efforts in a Department of Defense (DOD) contracting environment.
- Experience buying across various commodities (electronics, mechanical, PWBs, cables, optics).
- Demonstrated ability to resolve contractual and performance issues with suppliers.
- Project/Supplier Management skills.
- Financial Acumen.
- Knowledge of FAR and DFAR regulations and flow-down requirements.
- Understanding of ITAR and EAR regulations.
- Comprehensive understanding of subcontractor solicitations and bid analysis/process.
- Proficient with Microsoft Office Suite (Microsoft Excel, Word, Outlook).
Preferred Qualifications:
- Master's degree and 4 years of related procurement/supply chain management experience.
- Desire for continuous improvement.
- Familiarity with Oracle purchasing system.
- Professional Supply Chain Certification: C.P.M., C.P.S.M., P.M.P.
