Parker Hannifin

Sourcing Manager I

Parker Hannifin$113K — $199K *
Aerospace & Defense
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-6 years of purchasing/managerial experience required
  • Strong negotiation skills in single source environments
  • Understanding of aerospace machining, casting, forging, electronics, and raw material markets preferred
  • Bachelor's degree required
  • Certification in supply chain management is a plus
  • Possess analytical and technical skills for automation recommendations
  • Advanced computer skills necessary.

Responsibilities

  • Plan and direct procurement activities for materials
  • Lead execution of long-term and strategic pricing agreements
  • Manage supplier performance through continuous improvement programs
  • Establish criteria for preferred supplier selection
  • Negotiate with suppliers for cost-effective solutions
  • Develop standard procedures for reordering and contingency plans
  • Drive margin expansion strategies through pricing initiatives.

Benefits

  • Comprehensive medical, dental, and vision insurance
  • 401(k) plan with company matching contributions
  • Defined-contribution retirement plan with 3% company contribution
  • Career development and tuition reimbursement
  • Paid parental leave and disability programs
  • Company-paid holidays and paid time off
Full Job Description
Position Summary

JOB SUMMARY

Manages the direction and daily activities for strategic procurement and sourcing for the Divisions. Responsible for embracing and driving lean enterprises systems throughout the procurement process. This position requires regular on-site attendance.

SUPERVISES

Has direct reports

ESSENTIAL DUTIES & RESPONSIBILITIES
  • Plans and direct the activities of the Division's purchases of materials. Determines the most cost efficient and reliable sources of supply needed for the manufacturing process.
  • Leads and ensures execution of strategic long-term agreements and strategic pricing agreements with identified suppliers in Division.
  • Leads and ensures execution of VMI programs with identified materials in the Division.
  • Establishes preferred supplier selection criteria based on supplier evaluations of price, quality, delivery, certifications, and compliance with governmental procurement regulations. Promotes and uses strategic suppliers.
  • Interviews, selects, and negotiates with suppliers in response to material requirements/cost issues. Establishes procedures to leverage the company's position. Ensures purchasing strategy reflects the consistent utilization of local suppliers vs. Group strategic suppliers.
  • Works with suppliers to develop and manage continuous improvement programs, addressing quality, delivery, service as well as price.
  • Develops standard/automated re-order procedures. Will develop crisis management and supplier backup contingency programs.
  • Develops and benchmarks best practices among the Divisions suppliers and maintain accurate measurements and records for evaluation of suppliers.
  • Drives strategies to grow margin expansion through deflation and lead/maintain deflation projects
  • Conduct regular review of purchase price indexes to confirm variances.
  • Develop and hire top talent to ensure long-term success of the department.

QUALIFICATION REQUIREMENTS

MUST BE A US CITIZEN

  • Minimum of 4-6 years purchasing/managerial experience.
  • Strong negotiation skills with experience in negotiating in a single source environment and long lead times (approx. 52 weeks).
  • Preferred: Understanding of aerospace machining, casting, forging, electronics, hardware and raw material markets to drive cost reduction.
  • Support team members in LTA negotiations to ensure long term continuity of supply for the business.
  • Bachelor's degree required
  • Preferred: Certification in supply chain management.
  • Possess analytical and technical skills required to understand business practices and recommend proper automation opportunities.
  • Must have functional understanding of cost accounting and adopt to practical application.
  • Must have advanced computer skills and be able to understand electronic processing.
  • Excellent written, verbal, and interpersonal communication skills for effective interface with all internal and external contacts.
  • Must be an innovator and embrace lean enterprises principles and practices.

EDUCATION AND EXPERIENCE

Bachelor's degree (B.S./B.S.c/B.Eng) from four-year college or university or equivalent, and a minimum of seven (7) years related experience.

Pay, Benefits, Work Schedule

Competitive Compensation
  • Pay Range: $113680 to $199055 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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