Howmet Aerospace

Procurement Buyer

Howmet Aerospace • $80K — $95K *
Waco, TX 76706In-Person
Manufacturing & Automotive
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business or related field required.
  • 5+ years of purchasing experience in manufacturing.
  • Understanding of lean manufacturing principles.
  • Thorough knowledge of electronic business systems.
  • Strong interpersonal skills with internal and external stakeholders.
  • Excellent negotiation skills for securing values.

Responsibilities

  • Process requisitions and place purchase orders for materials and services.
  • Negotiate pricing and terms to maximize procurement value.
  • Lead sourcing processes for specific commodities and projects.
  • Develop sourcing strategies through market and supplier analysis.
  • Manage contractual negotiations and supplier relationships effectively.
  • Analyze supplier quotes and support cost reductions through detailed analysis.
  • Collaborate with various internal teams to ensure procurement aligns with operational needs.

Benefits

  • Professional development and training opportunities.
  • Collaborative working environment.
  • Opportunities to lead procurement strategies and initiatives.
  • Engagement in continuous improvement initiatives.
  • Exposure to diverse suppliers and industries.
Full Job Description
Responsibilities

Job Summary

The Procurement Specialist has major purchasing responsibility for assigned commodities and services, ensuring that all procurements are made in accordance with Howmet purchasing policies and procedures. Provides materials and services required for efficient operations and secures favorable pricing through vendor negotiations.

Responsibilities
  • Processes requisitions and places purchase orders to ensure a continuous supply of materials and services, maintaining responsibility for each procurement until all items are received, accepted, invoiced and paid.
  • Negotiates pricing and terms with vendors to ensure that Howmet receives best value for each purchasing dollar expended.
  • Lead the sourcing process for the assigned commodities and projects.
  • Develop sourcing strategies by analyzing the supply base, market conditions, and technology roadmaps,
  • Lead contractual negotiations with suppliers on NDA's, Terms & Conditions and Long-term agreements
  • Identify potential suppliers, analyze capabilities, and develop a sourcing strategy and roadmap for Howmet stakeholders. Maintain positive, mutually beneficial relationships between suppliers and the Company.
  • Perform detailed analysis of supplier quote submissions based on cost breakdown data and support it with Total Cost of Ownership and should-costs.
  • Prepare and present reports on procurement performance, supplier evaluations, and cost analyses.
  • Support continuous improvement initiatives in the procurement process and overall tooling strategy.
  • Identify and implement cost reductions on new and series production products and services.
  • Manage supplier relationships, monitoring supplier performance, competitiveness and taking necessary steps to address gaps and resolve issues.
  • Support the efforts of supplier quality team for supplier development, qualification, and quality issues resolution.
  • Monitors supplier performance, maintaining a close relationship with vendors. May visit vendor facilities to review operations and suggest resources for improvement.
  • Works closely with Engineering, Research & Development, Quality Assurance, Manufacturing, and other internal customers to determine requirements and to ensure superior levels of service.
  • Coordinates the purchasing process and provides guidance and direction on implementing and maintaining best practices.
  • Track and report spend expenditure, ensuring alignment with financial targets.
  • Collaborate with finance and production teams to forecast spend costs and support budgeting activities.
  • Maintain accurate records of orders, deliveries, and inventory in the procurement system.
  • Utilizes electronic business enterprise systems to leverage management of purchasing activities.
  • Serves as a resource to the organization and provides education and training on purchasing matters.
  • Ensures that all work activities are performed in accordance with established safety and environmental standards.
  • Maintains full compliance with Company policies and procedures and conducts all activities in accordance with the Howmet Code of Conduct.


Qualifications

  • Bachelor's degree in Business, Production Management, Logistics, Information Systems or a closely related discipline is required.
  • 5+ years of experience purchasing a wide range of materials, products, and services in a manufacturing environment.
  • Understanding of the principles of lean manufacturing.
  • Thorough knowledge of electronic business enterprise systems.
  • Strong interpersonal skills to interface effectively with vendors and internal/external customers.
  • Excellent negotiations skills to secure best value for the Company.


The above statements are intended to describe the general nature and level of work being performed. They are not intended to be an exhaustive list of all responsibilities,

duties and skills required of incumbents in this job classification.

About Howmet Aerospace

Howmet Aerospace is a global leader in engineered metal products. The company provides aerospace components, such as jet engine and industrial gas turbine components, as well as forged wheels for commercial transportation. Howmet Aerospace has a strong focus on research and development, and has been awarded numerous patents for its innovative products and processes. The company has a global presence, with operations in North America, Europe, and Asia. Howmet Aerospace was formerly known as Arconic Inc. and changed its name to Howmet Aerospace Inc. in April 2020.
Learn more about Howmet Aerospace
Size
19,900 employees
Market Cap
$16 billion
Industry
Aerospace & Defense
Net Income
$261 million
5 Year Trend
-16.7%
Revenue
$5.2 billion
NASDAQ
HWM
* Ladders Estimates

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