About the role
Standard Job Description
Develops a global sourcing strategy for commodities (categories.) Build and manage category strategies that seek to leverage a wide variety of procurement projects that span the entire procurement life cycle, including sourcing, contract management, supplier management, etc., to create business-aligned value. Develop and maintain expert knowledge of global supply markets, competitors, and product and service innovations. Develop and execute category strategies that optimize total cost of ownership, minimize risk, and drive continuous category improvement.
Defines project scope and facilitates execution, identifying savings opportunities in order to provide differentiating value for Lockheed Martin. Works with a core Integrated Product Team (IPT) that includes Business Area, Business Unit or Enterprise-wide, cross-functional representatives of supply chain, component engineering, quality, finance and business operations professionals to analyze supply base risks & opportunities, support program needs, identify new sources of supply and maximize the horizontal strength for the specific category.
Negotiates and manages contracts and relationships with suppliers. Implements policies and metrics to ensure that savings goals are realized and performance requirements are achieved. Possesses an in-depth understanding of category market space and supplier base in order to establish effective supplier relationships to drive innovative strategies that enhance performance. Acts as the main focal point for all matters pertaining to the given category. Conduct market research and analysis to identify trends, assess supplier capabilities, and evaluate potential suppliers.
Be accountable to achieve a broad range of KPIs (e.g., savings, innovation, risk, sustainability) for assigned procurement categories.
Leveling Factors
KNOWLEDGE - Actively contributes to the development of new concepts. Possesses full knowledge of industry and company practices, demonstrating expertise in the field and related disciplines.
COMPLEXITY - Develops innovative solutions to a range of complex problems that are consistent with organizational objectives. Works without direction. Work is reviewed upon completion and is consistent with departmental objectives.
IMPACT - Guides major projects to completion and may function in leadership role. Decisions are long-lasting and heavily influences the organization. Engages with senior personnel on significant matters.
Develops a global sourcing strategy for commodities (categories.) Defines project scope and facilitates execution, identifying savings opportunities in order to provide differentiating value for Lockheed Martin. Works with Business Area, Business Unit or Enterprise-wide, cross-functional teams of supply chain, component engineering, quality, finance and business operations professionals to analyze supply base risks & opportunities, support program needs, identify new sources of supply and maximize the horizontal strength for the specific category. Negotiates and manages contracts and relationships with suppliers. Implements policies and metrics to ensure that savings goals are realized and performance requirements are achieved. Possesses an in-depth understanding of category market space and supplier base in order to establish effective supplier relationships to drive innovative strategies that enhance performance. Acts as the main focal point for all matters pertaining to the given category.
Basic Qualifications
Strong leadership, collaboration, influencing and data literacy skills.
Strong business acumen, skillfully navigating functional priorities while delivering business objectives.
Ability to develop business cases, presentations and stakeholder communications.
Proficiency in ERP systems (e.g., SAP, LMP2P, etc) and e-sourcing tools
Experience identifying and mitigating supplier risk, including single-source dependencies, financial instability, and regulatory compliance
Supply Chain Management experience related to building and executing long term contracts
Working knowledge of FAR/DFAR requirements
Ability to Lead Cross-functional teams
Proficient in Project Management
Strong Organizational Skills
Desired Skills
Experience in defining and executing category strategies
Leading Strategic Sourcing contracting initiatives
Participation in Cross-BA teams
Experience with presenting to various levels of leadership
Commodity experience related to Mechanical, Electrical, or build-to-print Machining.
Application of data analytics to category strategy
Pay Information
GeoZone Definition: GeoZones are geographic groupings created by Lockheed Martin to align compensation ranges with regional labor markets and cost-of-labor differences across the United States. Locations are assigned a Geo Zone based on the primary work location of the role.
Full-time salary range (GEOZONE 1): $111400.00 - $206800.00 Includes metropolitan areas such as Sunnyvale CA; Pal Alto, CA; New York City metropolitan area; Newark, New Jersey; etc.
Full-time salary range (GEOZONE 2): $100200.00 - $186200.00 Includes metropolitan areas such as Denver, CO; King of Prussia, PA; Stratford, CT; Moorestown, NJ; etc.
Full-time salary range (GEOZONE 3): $89100.00 - $165500.00Includes metropolitan areas such as Dallas–Fort Worth, TX; Orlando, FL; Grand Prairie, TX; Marietta, GA; etc.
Full-time salary range (GEOZONE 4): $80200.00 - $149000.00Includes metropolitan areas such as Camden, AR; Lexington, KY; Lufkin, TX; etc.
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.
Originally posted on Himalayas