Parker Hannifin

Sourcing Manager - Machining & Raw Material

Parker Hannifin$88K — $105K *
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 with long lead times (approx. 52 weeks).
  • Understanding of aerospace machining and raw material markets for cost reduction efforts.
  • Experience supporting team members in Long-Term Agreement negotiations.
  • Bachelor's degree in business, engineering, or materials management, with preferred certification in supply chain management.
  • Analytical and technical skills to evaluate business practices and automation opportunities.
  • Functional knowledge of cost accounting with practical application experience.
  • Advanced computer skills for electronic processing.

Responsibilities

  • Plan and direct procurement activities for materials, castings, and machined components.
  • Evaluate suppliers based on price, quality, delivery, and compliance with regulations.
  • Negotiate with suppliers to resolve material cost issues.
  • Manage supplier relationships and continuous improvement programs.
  • Develop automated re-order procedures and supplier contingency plans.
  • Benchmark best practices among suppliers and maintain evaluation records.
  • Drive strategies for margin expansion and conduct regular purchase price index reviews.
  • Develop and mentor top talent for department success.

Benefits

  • Comprehensive medical and dental coverage with competitive premiums.
  • 401(k) plan with 100% company matching on first 5% of pay.
  • Defined-contribution retirement plan with 3% annual contribution.
  • Career development and tuition reimbursement opportunities.
  • Paid parental leave and short/long-term disability programs.
  • Employee discounts on various services and a referral program.
  • On-site fitness center and cafeteria available for employees.
Full Job Description
Position Summary

Manages the direction and daily activities of the Divisions procurement of raw materials, castings, forgings, standard hardware, and machined components for production of the Divisions products. Responsible for embracing and driving lean enterprises systems throughout the procurement process. This position requires regular on-site attendance.

Essential Functions
  • Plans and direct the activities of the Division's purchases of materials, castings, forgings, standard hardware, and machined components. Determines the most cost efficient and reliable sources of supply needed for the manufacturing process.
  • 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
  • Conduct regular review of purchase price indexes to confirm variances.
  • Develop and hire top talent to ensure long-term success of the department.
Qualifications
  • 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).
  • Understanding of aerospace machining 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 in business, engineering, or materials management required with certification
    in supply chain management preferred.
  • 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.
We offer a comprehensive and competitive total compensation package.

Come join the Parker Aerospace Team! We are proud to offer competitive compensation, including participation in annual incentive programs, and benefits designed with health, wealth, and well-being in mind. Our competitive package includes:

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 up to 15 Company-Paid Holidays.

Parker Purpose Opportunities (Social Responsibility):
  • Business Resource Groups promoting diversity, equity, and inclusion.
  • Engagement activities celebrated throughout the year. Examples include Internal Career Day, FYE Celebration, anniversary recognition events, employee appreciation week, veteran appreciation, and more!
  • The Parker Foundation provides access to donation matching, disaster relief, charitable organization funding, and paid volunteer hours.
Additional Benefits:
  • Employee discounts on various services (car purchases, computer purchases, life adventures, etc.).
  • Employee Referral program - Refer a family member or friend and receive a generous award for referrals that are hired (up to $4,000).
  • Dress for Your Day policy, offering flexible work attire options.
  • A free, on-site, 24-hour Fitness Center available to all active Team Members.
  • Grab a bite to eat at the on-site cafeteria that provides a wide array of breakfast, lunch, and snacks. We also have vending machines available during scheduled breaks and lunch periods.
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
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ

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