Sourcing Manager

Prattwhitney; Farmington (CT); Hybrid; USD 108,000 - 205,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Three weeks of vacation

Generous 401(k) plan with matching

Job summary

RTX Corporation seeks an experienced Procurement professional to join the Enterprise Services Strategy and Transformation Team in Farmington, CT. You will drive sourcing roadmaps, negotiate complex contracts, onboard suppliers, and align stakeholders on cost-saving initiatives across marketing, agency, media, PR, and event management.

The role requires strong supplier management, financial acumen, and the ability to manage multiple priorities in a fast-paced environment.

Qualifications

• Typically requires a University Degree and minimum 8 years prior relevant experience or an Advanced Degree in a related field and minimum 5 years of experience or in absence of a degree, 12 years of relevant experience.
• Experience with sourcing roles and functions, including creating sourcing roadmaps, developing category strategies, licensing/asset management, risk management, and requirement change management.
• Demonstrated expertise sourcing marketing-related categories, including agency services, paid media, sponsorships, tradeshows and other event management, creative production, PR/communications, martech platforms, market research, and related professional services.
• Expertise in drafting, negotiating and interpreting sophisticated commercial agreements; Excellent negotiations and sourcing skills with understanding of different contract types.
• Build a supplier strategy for software contracts with the ability to manage licensing, maintenance, and support requirements.
• Collaboration with stakeholders in peer organizations and other operational areas to balance supplier requirements, customer experience and affordability.
• Demonstrated ability to understand financial information, budgets and program performance and develop strategies and business cases to improve performance in these areas.
• Business acumen to connect technical requirements and concerns to contract performance.
• Hands-on experience with Ariba (or similar product) to manage sourcing and contract activities (P2P).

Responsibilities

• Drives contract requirements and negotiations.
• Assess and onboard new suppliers as needed.
• Aligns with stakeholders on vendor consolidation activities to drive contract savings.
• Develops, manages, and partners with stakeholders on an integrated master schedule of engagements, renewals, RFXs, etc.
• Facilitate supplier performance reviews, benchmarks & reporting.
• Reviews Statements of Work (SOW) documents and ensures sourcing best practices are followed.
• Analyze pricing and negotiating complex technology agreements.
• Build strong partnerships across various stakeholders (legal, finance, etc.).
• Develop strong supplier relationships to drive effectiveness and value.
• Supports the investigation, negotiation and favorable resolution of disputes with suppliers.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Ability to proactively identify and resolve problems efficiently and effectively.
• Develop executive level analysis & presentations.
• Work with Stakeholders on benchmarking industry trends and changes, as requested.
• Partner with key stakeholders on strategic vendor meetings and strategies.

Skills

Sourcing experience

Contract negotiations

Vendor management

Communication skills

Education

University degree

Advanced degree

Relevant experience (12+ yrs)

Tools

Ariba (P2P)

Job description

About RTX

RTX Corporation is an Aerospace and Defense company that provides advanced systems and services for commercial, military and government customers worldwide. It comprises three industry-leading businesses – Collins Aerospace Systems, Pratt & Whitney, and Raytheon. Its 185,000 employees enable the company to operate at the edge of known science as they imagine and deliver solutions that push the boundaries in quantum physics, electric propulsion, directed energy, hypersonics, avionics and cybersecurity. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, VA.

Role Overview

The following position is to join our RTX Enterprise Services (ES) Strategy and Transformation Team. As part of the Enterprise Services (ES) Strategy and Transformation team, this role will support business needs and projects across indirect categories, with an emphasis on marketing, agency, media, marketing technology services, PR agencies, communications, and event management. Besides supporting the Communications and Marketing functions, this role will also support the Legal function. The ideal candidate will draw from past experience with various communications, marketing, and event management suppliers and can assist with translating this knowledge via contract negotiations and project management skills to lead the coordination, communication and integration of suppliers to support the achievement of technical, financial and performance objectives. This individual will have an understanding of supplier products/services and develop various strategies to drive year on year cost savings to help RTX meet its bottom line. An understanding of the end-to-end procurement process, from contract negotiations to requisition and PO placement is needed for this role. The successful candidate will have excellent communication and presentation skills, with ability to develop effective presentations and present to leadership and peers.

Eligibility Requirements

Role Type: Hybrid. U.S. Citizen, U.S. Person, or Immigration Status Requirements: U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract. Security Clearance Type: None/Not Required. Security Clearance Status: Not Required.

What You Will Do

• Drives contract requirements and negotiations.
• Assess and onboard new suppliers as needed.
• Aligns with stakeholders on vendor consolidation activities to drive contract savings.
• Develops, manages, and partners with stakeholders on an integrated master schedule of engagements, renewals, RFXs, etc.
• Facilitate supplier performance reviews, benchmarks & reporting.
• Reviews Statements of Work (SOW) documents and ensures sourcing best practices are followed.
• Analyze pricing and negotiating complex technology agreements.
• Build strong partnerships across various stakeholders (legal, finance, etc.).
• Develop strong supplier relationships to drive effectiveness and value.
• Supports the investigation, negotiation and favorable resolution of disputes with suppliers.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Ability to proactively identify and resolve problems efficiently and effectively.
• Develop executive level analysis & presentations.
• Work with Stakeholders on benchmarking industry trends and changes, as requested.
• Partner with key stakeholders on strategic vendor meetings and strategies.

Qualifications – You Must Have

• Typically requires a University Degree and minimum 8 years prior relevant experience or an Advanced Degree in a related field and minimum 5 years of experience or in absence of a degree, 12 years of relevant experience.
• Experience with sourcing roles and functions, including creating sourcing roadmaps, developing category strategies, licensing/asset management, risk management, and requirement change management.
• Demonstrated expertise sourcing marketing-related categories, including agency services, paid media, sponsorships, tradeshows and other event management, creative production, PR/communications, martech platforms, market research, and related professional services.
• Expertise in drafting, negotiating and interpreting sophisticated commercial agreements; Excellent negotiations and sourcing skills with understanding of different contract types.
• Build a supplier strategy for software contracts with the ability to manage licensing, maintenance, and support requirements.
• Collaboration with stakeholders in peer organizations and other operational areas to balance supplier requirements, customer experience and affordability.
• Demonstrated ability to understand financial information, budgets and program performance and develop strategies and business cases to improve performance in these areas.
• Business acumen to connect technical requirements and concerns to contract performance.
• Hands-on experience with Ariba (or similar product) to manage sourcing and contract activities (P2P).

Preferred Qualifications

• MBA and minimum of 8 years Consulting, Sourcing and Procurement Management.
• Sourcing experience with legal-technology vendors, particularly vendors of new AI tools to increase efficiencies in the provision and management of legal services.
• Strong project management skills and ability to convert requirements into executable strategies.
• Ability to effectively work with and communicate with all levels of management and individual contributors.
• Ability to develop effective presentations and documents used for leadership reviews.

What We Offer

• Medical, dental, and vision insurance.
• Three weeks of vacation for newly hired employees.
• Generous 401(k) plan that includes employer matching funds and separate employer retirement contribution, including a Lifetime Income Strategy option.
• Tuition reimbursement program.
• Student Loan Repayment Program.
• Life insurance and disability coverage.
• Optional coverages you can buy pet insurance, home and auto insurance, additional life and accident insurance, critical illness insurance, group legal, ID theft protection.
• Birth, adoption, parental leave benefits.
• Ovia Health, fertility, and family planning.
• Adoption Assistance.
• Autism Benefit.
• Employee Assistance Plan, including up to 10 free counseling sessions.
• Healthy You Incentives, wellness rewards program.
• Doctor on Demand, virtual doctor visits.
• Bright Horizons, child and elder care services.
• Teladoc Medical Experts, second opinion program.

Location & Hybrid

Location: Farmington, CT is the preferred location, however candidates located near an RTX hub will also be considered. Hybrid: Employees who are working in Hybrid roles will work regularly both onsite and offsite. Ratio of time working onsite will be determined in partnership with your leader. As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.

Salary Range

The salary range for this role is 107,500 USD - 204,500 USD. The salary range provided is a good faith estimate representative of all experience levels.

Additional Information

This role may be eligible for relocation and more! RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

Equal Opportunity Employer

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.