Buyer

Satellite & flight hardware production at Loft Orbital is scaling rapidly, and we are seeking an experienced Buyer with a strong focus on procurement, contract management, and supplier relationship management. This critical role will support Loft’s engineering teams by sourcing and procuring materials, equipment, and services, ensuring that we meet production and launch deadlines. As a key player in our supply chain, your expertise will directly impact our success in delivering high-quality products.

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 procure materials, hardware, and services, ensuring timely delivery to meet engineering and production requirements.
Lead subcontracting efforts, including the preparation, negotiation, and management of purchase orders, contracts, and subcontracts.
Negotiate with suppliers to secure optimal pricing, terms, and delivery schedules, while ensuring long-term, sustainable supplier relationships.
Oversee inventory levels, ensuring materials are available when needed and work with internal teams to develop and implement procurement strategies that align with company goals.
Ensure compliance with company policies, industry regulations, and quality standards. Continuously improve and streamline procurement and subcontracting processes.
Prepare, analyze, and manage purchase orders, contracts, and agreements. Proactively resolve conflicts or issues with suppliers, addressing any contractual disputes or delivery concerns.
Work closely with engineering, production, and logistics teams to understand material and service needs, aligning procurement activities with production schedules.
Track purchasing activity, report on spending, and provide insights to leadership regarding procurement performance, trends, and opportunities for cost optimization.
Coordinate logistics for deliveries, ensuring timely and cost-effective transportation solutions.
Leverage different contractual agreements with vendors (e.g., bulk pricing agreements, not to exceed purchase orders, stocking agreements, and vendor-managed inventory agreements) to optimize the supply chain.

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:

• Aerospace experience highly preferred
• Experience with international purchasing and global supply chain management.
• Knowledge of relevant industry 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
• International exposure to our team in France
• Fully paid parental leave; 14 weeks for primary caregiver and 10 weeks for secondary caregiver
• 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