Procurement Rep - E2

Lockheed Martin; Lexington (KY); On-site; USD 54,000 - 100,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Paid time off

Education assistance

Life Insurance

Job summary

Lockheed Martin in Lexington, KY is seeking an experienced procurement professional to source, negotiate, and purchase machinery, tools, raw materials, and services essential to our operations.

You will analyze data on price trends, manage supplier performance, and develop cost-saving strategies while coordinating with cross-functional teams and ensuring compliance with FAR/DFARs and contract requirements.

Qualifications

• Proficient with Outlook, Word, Excel, and PowerPoint.
• Procurement or Acquisition experience.
• Ability to analyze data and negotiate.
• Strong communication skills.
• Experience with FAR/DFARs and subcontracts.

Responsibilities

• Source, negotiate and purchase machinery, equipment, and supplies.
• Analyze data to determine price objectives and procurement opportunities.
• Monitor supplier performance and manage bids and contracts.
• Prepare RFPs and bid packages as needed.

Skills

Procurement experience

Data analysis

Negotiation

Communication skills

Independent work

Teamwork

Microsoft Office

Subcontracts management

FAR/DFARs

Fast-paced environment

Tools

SAP

Job description

Standard Job Description Sources, negotiates and purchases machinery, equipment, tools, raw material, packaging materials, parts, services, and/or supplies necessary for operation of an organization. Compiles and analyzes statistical data to determine feasibility of buying products and to establish price objectives. Monitors performance of suppliers. Compiles information to keep informed on price trends and manufacturing processes. Evaluates areas of opportunity to leverage material acquisitions. Tracks data to keep informed on price trends and manufacturing processes. Negotiates with suppliers and analyzes suppliers' operations to determine factors that affect prices and to determine lowest cost consistent with quality, reliability, and ability to meet required schedules. Reviews proposals, negotiates prices, selects or recommends suppliers, analyzes trends, follows up orders placed, verifies delivery, approves payment, and maintains necessary records. May prepare request for proposals (RFP) and bid packages.

Standard Job Description

Sources, negotiates and purchases machinery, equipment, tools, raw material, packaging materials, parts, services, and/or supplies necessary for operation of an organization. Compiles and analyzes statistical data to determine feasibility of buying products and to establish price objectives. Monitors performance of suppliers. Compiles information to keep informed on price trends and manufacturing processes. Evaluates areas of opportunity to leverage material acquisitions. Tracks data to keep informed on price trends and manufacturing processes. Negotiates with suppliers and analyzes suppliers' operations to determine factors that affect prices and to determine lowest cost consistent with quality, reliability, and ability to meet required schedules. Reviews proposals, negotiates prices, selects or recommends suppliers, analyzes trends, follows up orders placed, verifies delivery, approves payment, and maintains necessary records. May prepare request for proposals (RFP) and bid packages.

Basic Qualifications

• Proficient computer skills including Outlook, Word, Excel and PowerPoint
• Procurement or Acquisition Experience
• Ability to conduct data analysis or research and/or understanding of negotiations
• Strong communication skills (written, verbal and presentations)
• Creative problem solver who can apply critical thinking skills
• Ability to work both independently and within a team structure
• Proficient in Microsoft Office suite of products (Power Point, Word, Excel)
• Experience managing simple to moderate subcontracts or purchase orders
• Familiar with FAR/DFARs
• Ability to work in a fast paced, multi-tasking environment
• Strong organizational skills

Desired Skills

• Familiar with Lockheed Martin Acquisition Procedures (LMAP)
• Experience building compliant procurement files
• Experience creating and maintaining Federal Acquisition Regulations (FAR) and Defense Federal Acquisition Regulations (DFAR) compliant procurement packages and maintaining compliance to regulatory requirements at various thresholds
• Working knowledge of standard US Department of Defense contract types
• SAP systems experience

Pay Information

Full-Time Salary Range: $53900.00 - $100100.00

At Lockheed Martin, we know mission success starts with taking care of our people. Our Total Rewards program is designed to attract top talent, support your well-being, and help you grow—both professionally and personally.

The salary range for this position is as listed on the requisition. Please note that the salary information listed is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market(work location) and business considerations when extending an offer.

Benefits offered

Medical, Dental, Vision, Flexible work arrangements and schedules (e.g., 4x10), 401(k) match, Paid time off, Holidays, Parental Leave, EAP, Flexible Spending Accounts, Education Assistance, Life Insurance, Short-Term Disability, and Long-Term Disability.

• Annual short-term and/or long-term incentive compensation programs may be offered depending on the position. Payments under these annual programs are not guaranteed and can vary from year to year and are tied to a range of performance metrics.
• For (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.