Procurement Specialist

Republic Airways Inc.; Indianapolis (IN); On-site; USD 70,000 - 90,000; Full time

Job summary

Republic Airways Inc. in Indianapolis seeks a Buyer who promotes cost-effective procurement of assigned commodities, collaborates with the Manager to develop strategic buys, and initiates long-term agreements.

You will manage requisitions, analyze line items, work with material planning, track delivery, resolve discrepancies, and drive cost savings through supplier evaluation and contract execution. The role requires at least a bachelor’s in a related field and 3+ years in purchasing, with

Qualifications

• Bachelor's degree in Aviation, Business, Purchasing, Materials or related field.
• At least 3 years of experience in a purchasing function or airline industry.

Responsibilities

• Utilizes ERP and other systems to manage day to day purchasing activities.
• Receives requisitions, analyzing each line item for quantity, specifications and delivery requirements.
• Tracks and confirms delivery of all orders and manages related documents.
• Negotiates cost reductions and initiates price agreements or blanket purchase orders.
• Interfaces with stakeholder departments and supports RFx development, supplier evaluation, contract negotiation and execution.

Skills

ERP systems

Sourcing analytics

Education

Bachelor's degree in Aviation, Business, Purchasing, Materials or related field

Tools

ERP software

MS Excel

Job description

Position Purpose

The Buyer promotes the most cost effective use of company funds in the acquisition of assigned commodities and services. Collaborates with and supports Manager in developing and implementing strategic buys and initiation of long term agreements.

Essential Duties

• Utilizes ERP and other systems to manage day to day activities supporting the purchasing operation.
• Receives requisitions, analyzing each line item for quantity, specifications and delivery requirements.
• Works with Material planning to revise requirements, as applicable, based on consumption, lead time, cost, etc.
• Tracks and confirms delivery of all orders by maintaining an aggressive follow up system to ensure timely control of orders, amendments, shipping notices and other required documents.
• Resolves receiving and invoice discrepancies within prescribed timeframes.
• Maintains KPIs at required levels: aged open requisitions, aged purchase orders, invoice discrepancies, receiving discrepancies and cost savings tracking.
• Analyzes spend data to identify opportunity areas to aggregate spend, optimize or expand supply base, as appropriate, and drive value add in the supply chain.
• Initiates annual price agreements and/or blanket purchase orders to leverage price or other value from supply chain (logistics, warranty, lead time reduction, or other value considerations).
• Evaluates market conditions and trends.
• Seeks out and evaluates new sources of supply to achieve cost reduction goals without jeopardizing quality and material requirements.
• Negotiates cost reductions based on quote analysis and benchmarking.
• Interfaces with stakeholder departments and serves as subject matter expert on cross-functional teams to fulfill internal customer service requirements.
• Utilizes E-commerce with all key suppliers to increase purchasing efficiency and effectiveness.
• Assists & supports internal customer sourcing requests.
• Initiates and supports RFx development, supplier evaluation, contract negotiation and execution for procurement categories.
• Administers executed contracts to ensure intended value and benefits are realized.
• Performs root cause analysis and corrective action implementation to correct supplier performance deficiencies.
• Develops and documents best practices and creates more efficient lean processes.
• Fosters the Company’s core values and culture throughout the work environment.
• Performs other duties as assigned.

Required Knowledge, Skills and Abilities

The requirements listed below are representative of the knowledge, skill, and/or ability necessary to perform this job.

Education and/or Experience

Bachelor's degree (B.A./B.S.) or equivalent in Aviation, Business, Purchasing, Materials or related field. Requires at least 3 years of experience in a purchasing function or in the airline industry.

Preferred Education and/or Experience

Master’s degree (M.A./M.S.) or equivalent. Prefer at least 5 years of experience. Prefer certification as Certified Professional in Supply Management or Certified Purchasing Manager.

Language Skills

Able to read, analyze, and interpret technical procedures, governmental regulations, financial reports and legal documents. Able to write reports and business correspondence. Able to respond to common inquiries or complaints from customers, regulatory agencies, or vendors. Able to effectively present information and respond to questions from groups of managers, clients, customers, and vendors.

Reasoning/Problem Solving Ability

Able to define problems, collect data, establish facts, and draw valid conclusions. Able to interpret a variety of instructions furnished in written, oral, diagram, or schedule form and deal with several abstract and concrete variables.

Decision Making

Makes decisions to support strategic decisions. Decisions tend to be medium range and of medium significance with moderate consequences.

Physical Demands

Able to use close vision (clear vision at 20 inches or less). Able to move about the work environment. Frequently required to stand, walk, sit, talk and hear.

Work Environment

Typically not exposed to extreme environmental conditions.

Travel Requirements

Able to travel up to 20% of the time, including overnight travel.

Equal Opportunity Employer, Disability, and Veteran Accommodations

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Equal Opportunity Employer, Disability and Veteran Accommodations

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Company Overview

Founded in 1974 and headquartered in Indianapolis, Indiana, Republic Airways is one of the largest regional airlines in North America. Republic operates a fleet of 200+ Embraer 170/175 aircraft and offers scheduled passenger service with 900 daily flights to 80+ cities in the U.S. and Canada. Republic continues to lead the way in innovation and operational excellence for 50 years. The unrivaled work being done by our over 6,000 Associates sets us apart from the competition. We are in an era of growth and untapped potential across the aviation industry. It’s an exciting time to be part of our Company, from corporate positions to the flight deck. No matter your role, your opportunities are elevated at Republic Airways. Republic Airways fosters a culture of trust, respect, care and fun. We believe our people and the passion they bring to their work is what distinguishes us. We work to encourage, support and invest in our Associates both professionally and personally. We live and breathe our Vision, Mission, Culture Statement and Guiding Principles — those words are put into action each and every day at Republic.