Strategic Sourcing Cost Estimator

We are a fast-paced business with ambitious growth plans; so if you are dedicated, enthusiastic and always seeking ways to improve, you'll enjoy a career with us! Ontic is a leading global aerospace OEM trusted by the world’s aviation leaders. Ontic’s Creedmoor, NC, site is home to a number of specialist companies within the Ontic Group, including Firstmark, Twin Commander, and Metro Merlin. With over 1,400 employees across four time zones and nine sites, we have more than doubled in size since 2019 and are continuing to grow at pace. Our team is looking for a Strategic Sourcing Cost Estimator to join the Revenue Management team , reporting to the Head of Revenue Management , with an onsite work structure in Creedmoor, NC . The Strategic Sourcing Cost Estimator will provide strategic sourcing and cost estimating support focused on supplier strategy, material cost optimization, sourcing risk, and long-term competitiveness. This role will partner across Supply Chain, Strategic Sourcing, Engineering, Finance, Operations, and Revenue Management to develop cost estimates, evaluate suppliers, identify cost reduction opportunities, and provide commercial insight for pricing and sourcing decisions. To be considered for the Strategic Sourcing Cost Estimator opening, here's what you'll need to bring with you: BA/BS degree in Supply Chain, Business, Engineering, Finance, Operations, or a related field of study. 2-3+ years of experience in strategic sourcing, procurement, supply chain, estimating, supplier management, or a related function, preferably within aerospace, defense, or manufacturing. Experience developing sourcing strategies, managing RFQ activity, evaluating supplier proposals, and supporting supplier selection decisions. Experience working directly with suppliers on pricing, lead times, minimum order quantities, tooling, capacity, commercial terms, and cost reduction opportunities. Experience utilizing ERP/MRP systems, historical purchasing data, supplier quotations, and market intelligence to support sourcing and estimating decisions. Understanding of bills of material (BOMs), manufacturing processes, material cost structures, supplier economics, and key supply chain cost drivers. Ability to read and interpret engineering drawings, specifications, and technical documentation to support sourcing and cost estimation. Strong commercial judgment with the ability to assess supplier pricing, identify cost drivers, evaluate sourcing alternatives, and determine cost reasonableness. Strong proficiency in Microsoft Excel, including supplier comparisons, cost modeling, scenario analysis, and decision-support tools. Strong negotiation, communication, and cross-functional collaboration skills with the ability to influence sourcing and commercial decisions. Familiarity with aerospace/defense sourcing requirements, government contracting, or regulated supply chains is preferred. As a Strategic Sourcing Cost Estimator, you will: Develop and maintain material and product cost estimates using supplier quotations, historical purchasing data, BOMs, engineering information, market intelligence, and sourcing assumptions. Develop sourcing strategies for new and existing requirements, balancing supplier capability, cost, quality, capacity, lead time, risk, and long-term business needs. Lead RFQ activity for materials, components, equipment, and services in support of new business, pricing, cost reduction, and strategic sourcing initiatives. Identify and develop alternative suppliers to improve competition, reduce cost, mitigate risk, and strengthen sourcing coverage. Evaluate supplier quotations and commercial proposals for competitiveness, completeness, sustainability, and cost reasonableness. Develop should-cost estimates, target costs, historical benchmarks, and supplier comparisons to support negotiations and sourcing decisions. Work with suppliers to understand underlying cost structures, manufacturing processes, tooling, minimum …

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