Onsite Aerospace Sourcing & Cost Estimator

Ontic; Creedmoor (NC); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Comprehensive medical insurance

Competitive PTO, holiday pay, and sick

Company 401K plan with up to 4% match

Annual bonus program

Flexible working arrangements

Paid volunteering opportunities

Access to mental health champions

Commitment to development

Employee referral program

Job summary

Ontic in Creedmoor, NC, seeks a Strategic Sourcing Cost Estimator to join the Revenue Management team onsite. You will develop cost estimates, evaluate suppliers, and drive cost reduction opportunities across supply chain, engineering, and finance.

You will partner with Global Sourcing and leadership to shape supplier strategies, manage RFQs, and support pricing decisions, while leveraging BOMs and engineering data to validate assumptions.

Qualifications

• BA/BS degree in Supply Chain, Business, Engineering, Finance, Operations, or related field.
• 2-3+ years in strategic sourcing, procurement, supply chain, estimating, supplier management, or related function, preferably in aerospace/defense/manufacturing.
• Experience developing sourcing strategies and managing RFQ activity.
• Experience with pricing discussions: lead times, MOQs, tooling, capacity, terms, and cost reduction.
• Experience using ERP/MRP systems, historical purchasing data, supplier quotations, and market intel.
• Understanding BOMs, manufacturing processes, material cost structures, supplier economics, and key cost drivers.
• Ability to read and interpret engineering drawings, specs, and technical documentation for sourcing/cost estimation.
• Strong commercial judgment to assess pricing, cost drivers, and sourcing alternatives.
• Proficiency in Excel for supplier comparisons, cost modelling, and scenario analysis.
• Strong negotiation, communication, and cross-functional collaboration skills.
• Familiarity with aerospace/defense sourcing requirements or regulated supply chains preferred.

Responsibilities

• Develop and maintain material and product cost estimates from supplier quotes, BOMs, engineering data, and market intel.
• Develop sourcing strategies balancing cost, quality, capacity, lead time, risk, and business needs.
• Lead RFQ activity for materials, components, equipment, and services.
• Identify alternative suppliers to improve competition and reduce cost.
• Evaluate supplier quotations for competitiveness, completeness, and cost reasonableness.
• Develop should-cost estimates, target costs, and supplier comparisons for negotiations.
• Work with suppliers to understand cost structures, tooling, MOQ, capacity, and other cost drivers.
• Support supplier negotiations with cost targets and market data.
• Analyze BOMs, drawings, specs, and manufacturing requirements to validate cost assumptions.
• Assess purchasing trends, supplier performance, market conditions, and alternative options.
• Partner with Global Sourcing and Supply Chain leadership on strategies including dual sourcing and cost reduction.
• Provide cost and sourcing insights to support new business, quotations, contracts, and pricing strategies.
• Support long-term agreements with cost models and pricing frameworks.
• Collaborate cross-functionally to align sourcing with business objectives.
• Develop reporting to improve visibility into supplier competitiveness and cost reduction opportunities.
• Present sourcing recommendations and savings opportunities to leadership.

Skills

Negotiation

Communication

Cross-functional collaboration

Excel

Read engineering drawings

BOMs understanding

Education

BA/BS in Supply Chain, Business, Engineering, Finance, Operations

Tools

ERP/MRP systems

Job description

Ontic in Creedmoor, NC, seeks a Strategic Sourcing Cost Estimator to join the Revenue Management team onsite. You will develop cost estimates, evaluate suppliers, and drive cost reduction opportunities across supply chain, engineering, and finance.

You will partner with Global Sourcing and leadership to shape supplier strategies, manage RFQs, and support pricing decisions, while leveraging BOMs and engineering data to validate assumptions.