Parker Hannifin

Buyer

Parker Hannifin$84K — $134K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4 year college degree in Supply Chain Management or relevant discipline
  • Experience or exposure to supply chain concepts and manufacturing through internships or training programs
  • Analytical and technical skills for business practice understanding and automation recommendations
  • Intermediate computer skills with an understanding of electronic processing
  • Excellent written, verbal, and interpersonal communication skills for effective interface with all contacts.

Responsibilities

  • Identify and recommend suppliers by investigating their capabilities and researching materials availability
  • Purchase parts and materials by preparing quotes and submitting purchase orders to approved suppliers
  • Evaluate bids and select suppliers based on cost, delivery, quality, and service
  • Monitor and evaluate supplier performance to prevent contractual failures
  • Resolve shipment quality discrepancies through supplier mediation and communication
  • Negotiate damage claims and manage issues like rejections and cancellations with suppliers
  • Participate in continuous improvement activities for cost reduction and efficiency
  • Ensure compliance with federal, state, and aerospace industry regulations and GPM/CPM policies.

Benefits

  • Comprehensive medical, dental, vision, and life insurance coverage
  • 401(k) Plan with company matching contributions up to 5%
  • Defined-contribution retirement plan with 3% annual contribution
  • Career development opportunities and tuition reimbursement
  • Paid parental leave and short/long-term disability coverage
  • Adoption assistance and financial planning assistance at no cost
  • Paid Time Off and company-paid holidays
Full Job Description
Position Summary

The Buyer is responsible for commodities or assignments requiring application of basic purchasing principles, theories and concepts. The Buyer ensures timely acquisitions of product or service from known sources of supply. Additionally, the Buyer may resolve issues in the areas of requisition accuracy and completeness, on-time delivery or supplier payment functioning in a closely supervised environment

Responsibilities
  • Identifies and recommends suppliers by investigating potential suppliers, researching parts, equipment, machinery, services, and materials availability.
    Conducts supplier site visits and evaluates them as to production capability, performance, delivery, and other key business criteria. May complete supplier certification as part of a technical and/or quality team.
  • Purchases parts, equipment, and materials by preparing request for quotations and submitting purchase orders with approved suppliers. Issues purchase orders and agreements that accurately reflect price, schedule, terms, and conditions as negotiated with suppliers. Maintains accurate lead times for assigned commodities.
  • Evaluates bids for standard and non-standard items. Selects suppliers for lower cost items or items of limited scope and complexity and negotiates price, delivery, quality and service. Develops alternate sources of supply by identifying and researching prospective suppliers.
  • Monitors and evaluates supplier performance. Advises appropriate personnel of impending supplier failure to fulfill contractual agreements that may delay production or delivery.
  • Resolves shipment quality discrepancies by mediating supplier/manufacturing issues. Facilitates the resolution of issues by arranging and participating in conferences between suppliers and company personnel.
  • Negotiates and settles damage claims, rejections, losses, return of materials, over-shipments, cancellations and engineering changes with suppliers.7. Provides parts, equipment, and materials information by answering questions and requests. Prepares reports by collecting, analyzing, and summarizing information and trends.
  • Participates in continuous improvement activities and provides suggestions for cost reduction and improved efficiency.
  • Complies with federal, state, and aerospace industry regulations; ensures adherence to requirements and advises management on needed actions. Complies with Government/Commercial Practices Manual (GPM/CPM) policies and procedures.

Qualifications

Qualifications
  • 4 year college degree Supply Chain management or relevant discipline.
  • Experience and/or exposure to supply chain concepts and methodologies, and manufacturing through internships or training programs.
  • Possess analytical and technical skills required to understand business practices and recommend proper automation opportunities.
  • Must have intermediate computer skills and be able to understand of electronic processing.
  • Excellent written, verbal, and interpersonal communication skills for effective interface with all internal and external contacts.

Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $84915 to $134795 annually
  • Participation in Annual Incentive Program
Benefit & Retirement Plans

Parker offers competitive benefit programs, including:
  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
  • Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
  • Career development and tuition reimbursement.
  • Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company-Paid Holidays.

About Parker Hannifin

Parker Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial, and aerospace markets. They are also demonstrating how their interconnected portfolio of motion and control technologies is critical to enabling a cleaner and sustainable world.

Parker Hannifin Careers

Join the vibrant team at Parker Hannifin, a global leader in motion and control technologies, and be part of a company known for its innovative approach and commitment to excellence. At Parker Hannifin, we offer a wide range of job opportunities that allow professionals to advance their careers in an environment that fosters growth, leadership, and diversity.

Work You’ll Do

At Parker Hannifin, every position contributes to our mission of solving the world’s greatest engineering challenges. Our team is composed of highly skilled professionals dedicated to pushing the boundaries of technology and innovation. Whether you are looking for a full-time position, an internship, or a leadership role, Parker Hannifin has a place for you.

Innovate and Lead

Embrace the opportunity to lead projects that redefine industry standards. Parker Hannifin is at the forefront of technological innovation, and our employees are the driving force behind our success. With a culture that values diversity and creative problem-solving, you will work alongside some of the brightest minds in the industry.

Grow Your Career

Parker Hannifin is committed to the professional growth of our employees. With comprehensive training programs and a focus on career development, we ensure that our team members have the resources they need to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Be Part of a Great Team

Our team at Parker Hannifin is our greatest asset. We pride ourselves on a culture that promotes teamwork, respect, and collaboration. With a global network of professionals, the opportunities for networking and cross-functional collaboration are vast. Join us and be part of a team that is making a difference in the world.

Benefits and Culture

Parker Hannifin offers a competitive benefits package that supports the health, well-being, and financial security of our employees and their families. From health insurance to retirement plans, we provide the benefits that help you live a healthier and more secure life. Our inclusive culture encourages involvement and offers various channels for employees to express their ideas and insights.

Explore Job Opportunities

Are you ready to take the next step in your career? Explore the exciting job opportunities at Parker Hannifin. From engineering to marketing, and from sales to customer service, we have positions that match a wide range of skills and interests. - **Search Parker Hannifin Jobs**: Find open positions that align with your skills and career goals. We are continuously hiring and looking for new talent to join our dynamic team. - **Prepare Your Application**: Tailor your resume and prepare for your interview with us. Show us how your experience and skills make you the perfect fit for Parker Hannifin. - **Internship Programs**: Gain hands-on experience and build your professional network through our internship programs. These opportunities are designed to give you a solid foundation in your chosen field.

Stay Connected

- **Join Our Team**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Career Development**: Engage in ongoing learning and development programs to enhance your skills and boost your career prospects. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Parker Hannifin. At Parker Hannifin, we are not just offering jobs; we are offering careers that make a global impact. Join us and be part of a legacy of leadership, innovation, and diversity.
Learn more about Parker Hannifin
Size
54,640 employees
Market Cap
$37.5 billion
Industry
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ

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