Parker Hannifin

Commodity Manager - Aerospace

Parker Hannifin • $95K — $115K *
Akron, OH 44312In-Person
Aerospace & Defense
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Supply Chain Management, Finance, Contract Law, Program Management, or a related field.
  • 5+ years in sourcing, procurement, supply chain management, or similar roles.
  • Experience in negotiating supplier agreements and managing complex supplier relationships.
  • Strong knowledge of procurement practices and commodity strategy development.
  • Working knowledge of legal, contractual, and government procurement requirements.
  • Proficiency with purchasing or materials systems like EDI, MRP, or ERP.
  • Ability to analyze complex data and develop recommendations for supplier and market conditions.
  • Effective communication and negotiation skills with various stakeholders.

Responsibilities

  • Develop sourcing strategies for high-value and critical commodities.
  • Evaluate and qualify suppliers for product and service needs.
  • Lead supplier selection and negotiate contracts and pricing agreements.
  • Administer complex contracts ensuring compliance with various regulations.
  • Plan and conduct contract negotiations with key suppliers.
  • Monitor supplier performance and manage subcontract compliance.
  • Support new product development by engaging capable suppliers and conducting evaluations.

Benefits

  • Comprehensive medical, dental, and vision coverage with competitive premiums.
  • 401(k) plan with company matching contributions.
  • Career development and tuition reimbursement.
  • Paid parental leave and short/long-term disability coverage.
  • Paid Time Off and 13 company-paid holidays.
  • Supplemental benefits available such as identity protection and legal assistance.
Full Job Description
Position Summary

The Commodity Manager is responsible for securing the best overall value in quality, service, cost, delivery, and supplier performance for assigned commodities, products, and services. This role develops and executes sourcing strategies, leads supplier negotiations, administers complex and high-risk subcontracts, and ensures supplier compliance with cost, schedule, legal, regulatory, and performance requirements. The position serves as a key business partner to internal stakeholders and may provide technical guidance, mentoring, and leadership to cross-functional teams and less experienced employees.

Job Responsibilities
  • Develop and execute sourcing and commodity strategies for high-value, long-lead-time, critical parts, equipment, materials, and services.
  • Identify, evaluate, select, and qualify suppliers and manufacturers, including development of new supply sources.
  • Lead quotation, proposal evaluation, and supplier selection activities; present recommendations for management review and approval.
  • Solicit, analyze, and evaluate supplier proposals and quotations; negotiate pricing, terms, conditions, delivery, and service levels to achieve optimal business outcomes.
  • Develop negotiation strategies using cost, pricing, market, and supplier performance data.
  • Plan and conduct major contract and subcontract negotiations, including long-term agreements with key suppliers.
  • Prepare and administer subcontracts, statements of work, supplier data requirements, contractual documents, purchase orders, and amendments in accordance with business and contract requirements.
  • Perform material planning responsibilities for assigned commodities, including lead-time management, material requirements analysis, asset management, and related activities.
  • Support concurrent engineering and new product development efforts by selecting and engaging suppliers capable of delivering cost-effective, producible, and reliable solutions.
  • Conduct supplier site visits and evaluate supplier capability, capacity, delivery, quality, and overall business performance.
  • Support or lead supplier certification, improvement, and performance management activities in partnership with technical, quality, and operations teams.
  • Process purchase requisitions and issue purchase orders that accurately reflect negotiated pricing, schedules, terms, and conditions, including international supplier or subcontractor requirements as applicable.
  • Monitor subcontract performance, expenditures, reporting requirements, and compliance with contract terms, conditions, budgets, and schedules.
  • Lead or support continuous improvement initiatives to enhance internal procurement processes, systems, supplier performance, and overall supply chain effectiveness.
  • Analyze data, identify trends, conduct comparative analyses, and recommend actions to improve cost, quality, delivery, and risk performance.
  • Ensure compliance with applicable federal, state, commercial, aerospace, import/export, and industry regulations, as well as internal policies and procedures, including Government/Commercial Practices Manual requirements.
  • Serve as a subject matter expert and consultant to management on significant sourcing, contracting, supplier, and commodity matters.
  • Establish goals and objectives for assigned projects and support cross-functional initiatives as required.
  • Train, mentor, and provide guidance to less experienced employees; may lead ad hoc teams or project-based activities.
  • Maintain professional and technical knowledge through industry engagement, continuing education, trade publications, networking, and professional associations.
Qualifications
  • Bachelor degree in Business Administration, Supply Chain Management, Finance, Contract Law, Program Management, or a related field.
  • Minimum of 5 years of experience in sourcing, procurement, supply chain management, contract administration, commodity management, or a related field.
  • Demonstrated experience negotiating supplier agreements, managing complex supplier relationships, and supporting contract or subcontract administration.
  • Strong knowledge of material requirements planning, procurement practices, sourcing processes, supplier management, and commodity strategy development.
  • Working knowledge of applicable legal, contractual, regulatory, commercial, government, aerospace, or FAA-related procurement requirements.
  • Proficiency with standard business software and purchasing or materials systems, such as EDI, MRP, ERP, or related platforms.
  • Ability to analyze complex data, evaluate supplier and market conditions, identify risks, and develop effective recommendations.
  • Strong problem-solving skills, including the ability to address complex or unique issues requiring sound judgment and modified approaches.
  • Ability to read, interpret, and apply complex policies, procedures, contracts, and regulatory requirements.
  • Effective communication, negotiation, presentation, and influencing skills with internal stakeholders, suppliers, customers, and management.
  • Ability to manage multiple priorities, lead cross-functional activities, and deliver results in a fast-paced environment.
  • Demonstrated ability to support continuous improvement initiatives and contribute to team and organizational goals.
Preferred Qualifications
  • Eight or more years of increasingly responsible experience in procurement, sourcing, contract administration, or commodity management.
  • Certified Purchasing Manager, Certified Professional in Supply Management, Certified Professional Contracts Manager, or related certification preferred.
  • Experience in aerospace, defense, manufacturing, or other highly regulated industries.
  • Experience with international sourcing, import/export requirements, and supplier risk management.
Come join the Parker Aerospace Team! Our competitive package includes:

Competitive Compensation
  • Participation in Annual Incentive Program

Benefit & Retirement Plans
  • 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 13 Company-Paid Holidays.

Drug-Free Workplace
In accordance with Parker's policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.

This position is subject to meeting U.S. export compliance and/or U.S Government contracting citizenship eligibility requirements.

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
Manufacturing & Automotive
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ
PH
* Ladders Estimates

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