Principal Specialist, Supply Chain Contracts
RTX
Vice President, Supply Chain Management
Prescott's, Inc
full-time
Posted on:
Location Type: Hybrid
Location: Monument • Colorado • 🇺🇸 United States
Visit company websiteSalary
💰 $170,000 - $200,000 per year
Job Level
Lead
Tech Stack
ERP
About the role
- Lead the transition from decentralized purchasing to a centralized procurement model that maximizes scale, efficiency, and compliance; design organizational structures to support future centralization of procurement and supply chain.
- Develop and implement supply chain strategies that align with company objectives and enhance operational efficiency.
- Establish enterprise-wide sourcing strategies to reduce cost, consolidate vendors, and standardize terms and conditions.
- Build and manage a preferred supplier network across multiple categories of medical devices to ensure high-quality, cost-effective, and resilient supply.
- Oversee supplier performance management, including metrics for on-time delivery, cost, quality, and innovation.
- Develop processes to ensure all supplier agreements meet regulatory and quality requirements and support risk mitigation.
- Deploy systems and tools to enable enterprise-wide visibility into supplier spend, contracts, and performance.
- Introduce category management, e-procurement, and digital supplier platforms to modernize procurement practices.
- Lead negotiations with key suppliers to secure cost-effective, reliable, and high-quality products.
- Implement demand planning and forecasting processes that align with production and field service requirements.
- Develop supply chain KPIs to drive operational excellence and visibility across the enterprise; leverage analytics to identify opportunities for cost savings, efficiency gains, and supply assurance.
- Build and mentor a high-performing supply chain and procurement team across all medical device modalities with capabilities across sourcing, contracting, logistics, and planning.
- Foster a culture of accountability, collaboration, and continuous improvement.
- Establish key performance indicators (KPIs) for measuring supply chain performance and monitor progress toward goals.
- Collaborate with cross-functional teams to improve product lifecycle management and drive initiatives for process improvements.
- Conduct regular assessments of supply chain risks and develop mitigation strategies.
- Foster a culture of continuous improvement and professional development within the supply chain team.
- Ensure compliance with industry regulations, quality standards, and best practices throughout the supply chain.
Requirements
- Bachelor's degree in Supply Chain Management, Business Administration, Operations Management, Engineering, or a related field; an MBA or other advanced degree is a plus.
- 15+ years of experience in supply chain management experience, with at least 7 years in a senior leadership role.
- Strong background in medical devices, healthcare, or other regulated industries preferred.
- Proven experience in developing and implementing effective supply chain strategies that drive business success.
- Demonstrated success in building or leading centralized procurement or supply chain organizations.
- Expertise in procurement strategy, sourcing, supplier management, and contract negotiations.
- Exceptional analytical and problem-solving skills with a data-driven approach to decision-making.
- Proven ability to lead organizational changes and drive enterprise transformation.
- Excellent people leadership, collaboration and communication, and change management skills.
- Familiarity with ERP systems and supply chain management tools a plus, preferably Netsuite.
- Ability to thrive in a high-pressure, fast-paced environment and manage multiple priorities effectively.
- Willingness to travel as needed to support supply chain operations and engage with suppliers and customers.
Benefits
- Bonus Eligibility: Annual bonuses based on performance and discretionary company plan
- Paid time off
- Healthcare insurance (medical dental, and vision coverage)
- Accident insurance, critical illness, and hospital indemnity insurance
- Short term (employee paid) and long-term disability (employer paid)
- Life insurance (including supplemental, spouse and child)
- 401K plan with company matching
- Company paid cell phone
- Continuous learning and development - offering opportunities for training, workshops, and certifications
- Our fun and inclusive work environment celebrates diversity and fosters growth, making every day an opportunity to thrive
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
supply chain managementprocurement strategysourcingsupplier managementcontract negotiationsdemand planningforecastingdata analysisKPI developmentrisk mitigation
Soft skills
leadershipcollaborationcommunicationchange managementanalytical skillsproblem-solvingorganizational changecontinuous improvementmentoringaccountability
Certifications
Bachelor's degree in Supply Chain ManagementBachelor's degree in Business AdministrationBachelor's degree in Operations ManagementBachelor's degree in EngineeringMBA or advanced degree