Sourcing Manager - Source Controlled Components

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.

About the role

Manages the direction and daily activities of the Division's procurement of source-controlled components ranging from valves, filter manifolds, heat exchangers, motors, and other electrical components for production of the Division's products. Responsible for embracing and driving lean enterprise systems throughout the procurement process. This position requires regular on-site attendance.

Responsibilities

• Plans and directs the activities of the Division's purchases of source-controlled components ranging from valves, filter manifolds, heat exchangers, motors, and other electrical 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.
• Develops crisis management and supplier backup contingency programs.
• Develops and benchmarks best practices among the Division's suppliers and maintains accurate measurements and records for evaluation of suppliers.
• Drives strategies to grow margin expansion through deflation and establishing new sources of supply.
• Conducts regular reviews of purchase price indexes to confirm variances.
• Develops and hires top talent to ensure long-term success of the department.

Requirements

• 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 source-controlled supplier management with the ability to find win/win solutions.
• Support team members in LTA (Long-Term Agreement) negotiations to ensure long-term continuity of supply for the business.
• Bachelor’s degree in business, engineering, or materials management required; certification in supply chain management preferred.
• JD preferred or extensive experience in supplier contract writing/negotiation.
• Possess analytical and technical skills required to understand business practices and recommend proper automation opportunities.
• Must have functional understanding of cost accounting and adapt 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 enterprise principles and practices.

Benefits

• Comprehensive medical, prescription drugs, dental, and vision coverage with competitive premium costs.
• Voluntary optional life, accident insurance, hospital indemnity insurance, and critical illness insurance.
• 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.
• Paid parental leave, short and long-term disability programs, adoption assistance, and a Care.com membership.
• Financial planning assistance at no cost.
• Supplemental benefit programs including identity protection, legal protection, and pet wellness at competitive rates.
• Paid Time Off and up to 15 company-paid holidays.
• Parker Purpose Opportunities (Social Responsibility) including Business Resource Groups promoting diversity, equity, and inclusion.
• Engagement activities celebrated throughout the year (e.g., Internal Career Day, FYE Celebration, anniversary recognition events, employee appreciation week, veteran appreciation).
• The Parker Foundation provides access to donation matching, disaster relief, charitable organization funding, and paid volunteer hours.
• Employee discounts on various services (car purchases, computer purchases, life adventures, etc.).
• Employee Referral program – referrals that are hired receive a generous award (up to $4,000).
• Dress for Your Day policy, offering flexible work attire options.
• Free, on-site, 24-hour Fitness Center available to all active team members.
• On-site cafeteria providing a wide array of breakfast, lunch, and snacks, plus vending machines available during scheduled breaks and lunch periods.