Parker Hannifin

Commodity Manager - Fluid Systems Division

Parker Hannifin • $102K — $162K *
Irvine, CA 92620In-Person
Manufacturing & Automotive
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration or related field
  • 5+ years of experience in contract administration or procurement
  • Certificate in Purchasing Management (CPM) or Contracts Management desired
  • Advanced knowledge of material requirements planning methods and policies
  • Knowledge of legal and regulatory requirements related to procurement

Responsibilities

  • Selects and evaluates suppliers and develops new sources for high-value components
  • Performs material planning duties for assigned commodities
  • Supports engineering efforts by choosing suppliers for development activities
  • Solicits and negotiates proposals/quotations from suppliers
  • Develops negotiation strategies based on cost and pricing data
  • Plans and conducts major contract negotiations and prepares necessary documents
  • Evaluates supplier performance through site visits and certification surveys
  • Implements continuous improvement initiatives to enhance efficiency
  • Administers subcontracts and ensures compliance with contractual terms
  • Maintains professional knowledge through education and networking

Benefits

  • Comprehensive medical, dental, and vision coverage
  • 401(k) plan with company matching
  • Defined-contribution retirement plan with annual contributions
  • Career development and tuition reimbursement
  • Paid parental leave and paid time off
Full Job Description
Position Summary

POSITION SUMMARY:

Obtains the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. Responsible for developing, negotiating and administering highly complex and high-risk subcontracts, ensuring compliance on supplier cost, schedule, legal and performance criteria.

RESPONSIBILITIES:
  • Selects qualified suppliers and manufacturers and develops new supply sources of high dollar value, long lead time, critically needed parts, equipment, materials, or services. Acts as chairperson of the quotation/proposal evaluation/selection committee and presents the results for appropriate management review.
  • Performs material planning duties related to assigned commodities including lead-time maintenance, analyzing material requirements, asset management, and other associated activities.
  • Supports concurrent engineering efforts by selecting suppliers to participate in development activities aimed at obtaining cost effective, producible, reliable decisions.
  • Solicits and evaluates proposals/quotations from suppliers and negotiates prices and terms to achieve optimum results for the company. Prepares and conducts market surveys and bidder conferences to gather or provide information necessary to select subcontractors. Assembles pre-award documentation required for anticipated subcontracts.
  • Develops company negotiation strategies based on an evaluation of cost and pricing data. Conducts fact finding investigations. Negotiates long-term contract agreements with key suppliers to obtain effective prices, terms, products, and services.
  • Plans and conducts major contract negotiations. Prepares subcontracts, statement of work, supplier data requirement lists, contractual documents and amendments as required to comply with contract specifications.
  • Conducts supplier site visits and evaluates them as to production capability, performance, delivery, and other key business criteria. May support or lead supplier certification surveys as part of a technical and/or quality team.
  • Processes purchase requisitions and issues initial purchase orders that accurately reflect price, schedule, terms, and conditions as negotiated with suppliers. May include orders with international suppliers and/or subcontractors involving import/export trade.
  • Applies and may lead continuous improvement initiatives to improve the efficiency of internal systems and processes within the division. Develops, coordinates, and implements improvement initiatives with key suppliers. Recommends actions by analyzing and interpreting data and making comparative analyses. Analyzes proposed changes in methods.
  • Administers subcontracts by interpreting and implementing the terms, conditions, and/or provisions of the purchasing agreements. Develops and administers all reporting procedures with subcontractors on rates of expenditure and analyzes such expenditures against allowed budgeted amounts.
  • Maintains professional and technical knowledge by attending educational workshops, reviewing trade publications, establishing networks, and/or participating in professional associations.
  • 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.
  • Shares specialized knowledge with others. Represents company on specific projects. Contributes to team effort by accomplishing related results as needed. Work assignments may include cross-functional or project team responsibilities (e.g. continuous improvement).
QUALIFICATIONS:

Education and Experience
  • Bachelor's degree (BA) in Business Administration or related field (e.g. finance, law/contract law; program management).
  • Demonstrated ability to perform the essential functions of the job typically acquired through five or more years of increasingly responsible experience in contract administration or procurement.
  • Certificate in Purchasing Management (CPM) or Contracts Management desired.
Knowledge, Skills and Abilities
  • Advanced, specialized knowledge of material requirements planning methods, principles, industry practices, and policies.
  • Knowledge of complex legal and regulatory requirements related to government procurement regulations, or similar commercial or FAA requirements.
  • Ability to effectively assess, lead, and implement continuous improvement in critical and/or high-impact areas.
  • Proficient with standard business application software and specialized purchasing and/or materials systems (e.g. electronic data interface (EDI) or manufacturing resource planning (MRP) systems).
  • Ability to work on complex problems where in-depth analysis and evaluation of situations or data frequently require complicated negotiations.
  • Ability to solve a wide range of unique problems of considerable scope and complexity that may require new approaches or significant modification of standard procedure.
  • Ability to read, analyze, and interpret complex policies and recommend changes to procedures.
  • Ability to respond to significant inquiries or complaints from subcontractors, customers, regulatory agencies, or members of the business community.
  • Ability to communicate effectively and make effective and persuasive speeches and presentations on complex topics to division management, bidders, suppliers, and customers.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to effectively demonstrate team member competencies and participate in goal setting, performance feedback, and self-development activities.
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.

Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $102305 to $162590 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
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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