Procurement Lead
Loft Orbital
Satellite & flight hardware production at Loft Orbital is scaling rapidly, and we are seeking a Procurement Lead to join our team to take on a critical role in sourcing and procuring materials and equipment across Loft’s engineering teams. Your expertise in sourcing and procurement will play a vital role in ensuring that we have the materials, parts and equipment we need to meet our production & launch goals. We are looking for a highly organized and detail-oriented individual who can work well in a fast-paced, international, deadline-driven environment.
Loft is in a period of dynamic growth & this person will initially be a swiss-army-knife, filling some operational gaps that we will eventually hire people for in the future.
About this role:
- Source and purchase materials and equipment for hardware products & programs
- Negotiate with suppliers to secure the best prices and delivery terms
- Develop and maintain relationships with key suppliers
- Monitor and manage inventory levels to ensure timely delivery of materials
- Ensure that all purchases comply with company policies and procedures
- Collaborate with internal teams to understand their material and equipment requirements
- Track and report on purchasing activity and spend
- Participate in the development and implementation of procurement strategies
- Coordinate logistics and transportation for deliveries
- Manage and resolve any issues or conflicts with suppliers
- Prepare and analyze purchase orders, contracts, and agreements
- Work with internal teams to ensure compliance with quality standards
- Act as the primary point of contact for all purchasing related matters
- Continuously improve and streamline purchasing processes
Must Haves:
- 5-10 years of experience in procurement in a high tech, hardware focused industry
- Strong understanding of procurement and sourcing principles
- Excellent negotiation skills
- Strong attention to detail and ability to multitask
- Strong organizational and time-management skills
- Ability to work well under pressure and meet deadlines
- Strong communication and interpersonal skills
- Ability to work independently and as part of a team
- Strong analytical and problem-solving skills
- Familiarity with MRP/ERP systems and procurement software
- Bachelor's degree in a related field (e.g. supply chain management, business administration)
Nice to Haves:
- Experience in international purchasing
- Knowledge of relevant laws and regulations
- Professional certification in procurement (e.g. CPSM, CPSP)
Some of Our Awesome Benefits:
- 100% company-paid medical, dental, and vision insurance option for employees and dependents
- Flexible Spending (FSA) and Health Savings (HSA) Accounts offered with an employer contribution to the HSA
- 100% employer paid Life, AD&D, Short-Term, and Long-Term Disability insurance
- Flexible Time Off policy for vacation and sick leave, and 12 paid holidays
- 401(k) plan and equity options
- Daily catered lunches and snacks in office
- International exposure to our team in France
- Fully paid parental leave; 14 weeks for birthing parent and 10 weeks for non-birthing parent
- Carrot Fertility provides comprehensive, inclusive fertility healthcare and family-forming benefits with financial support
- Off-sites and many social events and celebrations
- Relocation assistance when applicable
100000 - 140000 USD a year