Sourcing Specialist

About the role

The Sourcing Specialist supports individual sourcing projects and/or a set of assigned commodities by deploying best practices, procurement tools, and negotiation skills. This role works collaboratively and proactively to identify process, sourcing, and contract improvement opportunities, assists in contract execution, implementation, and supplier reviews for assigned contracts.

Responsibilities

• Identifies and manages new suppliers, develops bid evaluations, cost analyses, price justification, and risk assessment of suppliers.
• Conducts supplier negotiations and contract execution.
• Collaborates with suppliers to develop and manage continuous improvement programs addressing quality, delivery, service, and price.
• Supports New Product Development programs working closely with the Engineering and Quality teams.
• Develops risk management and supplier backup contingency programs.
• Ensures 80% of direct spend is covered by long-term agreements (LTA) and achieves year-over-year cost savings.
• Creates a competitive and simplified supplier portfolio through supplier reduction and risk mitigation.
• Continuously increases payment terms and shortens lead times to support cash flow optimization.
• Coordinates and participates in supplier meetings.
• Performs all other duties as assigned.

Requirements

• 4-year college degree in Supply Chain Management or a relevant discipline.
• Minimum of 2+ years in Purchasing, Supply Chain, or a related field.
• Experience with supply chain concepts and methodologies, preferably in the manufacturing industry.
• Ability to manage multiple, fluid priorities and proactively address business demands in a fast-paced environment.
• Strong organizational and planning skills, with demonstrated ability to lead and manage projects.
• Ability to prioritize and allocate resources to align with department and company goals.
• Excellent written and verbal communication skills, with the ability to create strong working relationships.
• Flexibility to work extended hours to support business requirements.
• Proficiency with Microsoft Office.

Preferred Qualifications

• Demonstrated experience implementing continuous improvement principles such as Lean Manufacturing, Kaizen, or other value analysis tools.
• Experience with Procurement Transactions within SAP.
• Prior experience working with New Product Introduction (NPI) or Outsourced Service Provider (OSP).

Conditions of Employment

This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.

About Us

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For over a century, we’ve enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient. With empowered team members in more than 40 countries, Parker serves customers across aerospace & defense, energy, HVAC & refrigeration, in-plant & industrial equipment, off-highway, and transportation.

Our scale is global, but our purpose is personal. We enable breakthroughs that improve lives, strengthen communities, and create a brighter future. Our purpose—Enabling Engineering Breakthroughs that Lead to a Better Tomorrow—comes to life through a people-first culture where teamwork drives performance, inclusion fuels innovation, and growth is encouraged. This environment fosters collaboration across disciplines, from engineering and manufacturing to finance, supply chain, human resources, and information technology.

As we look to the future, Parker is advancing initiatives in energy efficiency and sustainability while developing the next generation of talent and leaders to engineer a better tomorrow.