Sourcing Specialist - Defense Systems Division

Position Summary

Job Title: Sourcing Specialist
Job Code: 551083
Department: Procurement
Exempt

At Parker Aerospace, we develop technologies and innovative solutions that enable reliable, efficient and increasingly sustainable flight for the lifecycle of the aircraft, including aftermarket support. Our passionate people with deep engineering expertise, together with our breadth of differentiated technologies, ensure that we make the extraordinary happen and continue to shape the future of aviation in partnership with our customers.

As a member of our team, you are instrumental in fulfilling our mission: 'Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.' Pursuing a career at Parker presents unlimited opportunities for both professional and personal development. Working with some of the most brilliant minds in the industry, your contributions will be pivotal in developing innovative technologies and products, significantly contributing to Parker’s goal of addressing the world’s most pressing engineering challenges. At Parker, our team members belong, matter and make a difference.

Position Summary/Essential Functions:

The Sourcing Specialist position supports strategic sourcing projects by deploying best practices, procurement tools and negotiation skills. It also supports proposal activities with supplier bids, reviews historic pricing to evaluate quotes, performs cost and price analyses, conducts fact finding and serves as a negotiator. The Sourcing Specialist makes recommendation to strategic sourcing manager when seeking long-term agreements pre customer order award and/or at time of project release in compliance with FAR regulations. This role will support Engineering sourcing activities of new product and/or sources.

The Sourcing Specialist works collaboratively and proactively to identify process, sourcing and contract improvement opportunities and negotiates/executes long term agreements based on provided customer forecasts.

• Solicits and evaluates proposals/quotations, provides cost analysis, price justification, and risk assessments of suppliers at time of proposal.
• Competes bid proposals and executes long term agreements for premier programs and/or customer with approval from the Sourcing & Commodity Manager.
• Works closely with the pricing team to submit proposal quotes in a timely matter to the customer.
• Provides target pricing for the tactical procurement team post contract award.
• Assembles pre-awards documentation for anticipated contracts and purchases.
• Communicates any quote exception or any significant changes to the supplier’s status as to financial stability, delivery/quality performance and pricing of parts.
• Assists Engineering in sourcing of parts and selecting suppliers to participate in development activities based on quality, lead time, cost effectiveness and producibility.
• Negotiates long-term contract agreements with key suppliers to obtain effective prices, terms, products, and services to support PPI, inventory reduction and WADPO.
• Performs other duties as may be assigned by the sourcing manager.

Qualifications:

• Bachelor’s degree (BS/BA) in Supply Chain Management, Business Administration, Finance or relevant discipline.
• Minimum of 3 to 5 years' of applicable experience in bid evaluations and negotiating long-term agreements.
• The Purchasing department is a fast-paced environment and requires a high level of organizational skills, efficient use of time, the ability to perform under pressure, manage multiple projects and continually meet deadlines.
• Ability to communicate effectively with suppliers, management, customers and other stakeholders in the organization.
• Experience with FAR requirements preferred.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Possess strong negotiation skills and experience in executing long-term agreements in support of supplier stock and reduced PPI.
• Experienced in sourcing products on the internet by using COTS part numbers, material specifications and/or descriptions provided by Engineering or Program manager.
• Ability to read and interpret engineering drawings, preferred.
• As a member of the organization, the employee is expected to work effectively with co-workers, customers and others by sharing ideas in a constructive and positive manner; listening to and objectively considering ideas and suggestions from others; keeping commitments; keeping others informed of work progress, timetables and issues; addressing problems and issues constructively to find mutually acceptable and practical business solutions; addressing others by name, title or other respectful identifier and; respecting the diversity of our work force in actions words and deeds.

TRAVEL

• Must be able to travel to resolve suppliers’ issues, if applicable.

The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.

Pay, Benefits, Work Schedule

Competitive Compensation

• Pay Range: $83250 to $138550 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.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship is required for certain positions, in accord with U.S. import & export regulations.

(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission