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Commodity Manager

Location : KENT, WA, United States

Job Family : Procurement

Job Type : Regular

Posted : Jul 1, 2024

Job ID : 50223

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Job Description

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Parker Aerospace (http://parker.com/launchinginnovation) is a global leader in commercial and military aircraft and aeroengine technology. With the addition of Parker Meggitt, the company collaborates with customers to enable engineering breakthroughs that lead to a better tomorrow.

With annual sales of $14.3 billion in fiscal year 2019, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial, and aerospace markets. The company has operations in 50 countries around the world. Parker has increased its annual dividends paid to shareholders for 63 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.

Parker Aerospace Group is a Fortune 250 global leader in motion and control technologies. For over a century, the company has enabled engineering breakthroughs leading to a better tomorrow. Learn more at www.parker.com or @parkerhannifin.

Commodity Manager

Obtain the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. Responsible for developing, negotiating, and administering complex contracts, ensuring compliance on supplier cost, schedule, legal and performance criteria.

Functions and Responsibilities

· Any other duties as assigned to help drive our vision, fulfill our commitments, and carry out our organization's virtues.

· Responsible for all phases of the commodity including long-term contracting processes including but not limited to requests for proposals/quotations, contract management plans, negotiation strategy, and cost accountability.

· Serves as the division’s focal point for all material related activities including developing a procurement plan, make/buy analysis, selecting potential sources of supply, and recommending new or alternate technologies.

· Selects qualified suppliers and manufacturers and develops new supply sources of high dollar value, long lead time, critically needed parts, equipment, materials, or services.

· Frequent formal and informal contact with suppliers and management regarding issues affecting supplier’s performance or cost.

· Solicits and evaluates proposals/quotations from suppliers and negotiates prices and terms to achieve optimum results for the company. Prepares and conducts market surveys to select supplier.

· Negotiates long-term contract agreements with key suppliers to obtain effective prices, terms, products, and services. Prepares contracts, statement of work, supplier data requirement lists, contractual documents and amendments as required to comply with contract specifications.

· Closely monitors supplier performance to ensure contractual agreements, terms, and conditions are compliant.

· Conducts supplier site visits and evaluates capacity and capability, performance and delivery, and other key business criteria.

· Contributes to team effort by accomplishing related results as needed. Work assignments may include cross-functional or project team responsibilities (e.g., continuous improvement).

Qualifications

· Bachelor’s degree (BA) in Business Administration or related field (e.g., finance, law/contract law; program management).

· Demonstrated ability to perform the essential functions of the job typically acquired through ten or more years of increasingly responsible experience in contract administration or procurement including two or more years of high-level project and customer/supplier management.

· Certificate in Purchasing Management (CPM) or Contracts Management and prior international contracting experience desired. Knowledge, Skills, and Abilities Advanced, specialized knowledge of material requirements planning methods, principles, industry practices, and policies.

· Knowledge of complex legal and regulatory requirements related to government procurement regulations, or similar commercial or FAA requirements. Ability to effectively assess, lead, and implement continuous improvement in critical and/or high-impact areas.

· Proficient with standard business application software and specialized purchasing and/or materials systems (e.g., electronic data interface (EDI) or manufacturing resource planning (MRP) systems).

· Strong technical knowledge in manufacturing.

· Ability to work on complex problems where in-depth analysis and evaluation of situations or data frequently require complicated negotiations.

· Communicate effectively and make effective and persuasive presentations on complex topics to division management, bidders, suppliers, and customers.

· Ability to negotiate effectively to obtain best prices and terms on products, materials, and services.

· Ability to effectively demonstrate team member competencies and participate in goal setting, performance feedback, and self-development activities.

We offer a comprehensive and competitive total compensation package. See what we have to offer!

Health & Well-Being:Our benefits start on day 1 of employment!

• Two medical plan networks, each with 4 plan designs – you’ll be sure to find the healthcare plan that fits your life! With each medical plan network, there are plans that include a Health Savings Account and a Health Reimbursement Account.

• 3 dental plan options and vision coverage.

• Flexible Spending Accounts for both Childcare and Healthcare expenses as well as optional Supplemental Medical Benefits.

• Reduced healthcare premiums offered with a wellness incentive credit.

• Company provided Life Insurance

• Accidental Life & Dismemberment Insurance, Short Term and Long-Term Disability insurance.

  Bonus

• This position receives a 12.5% Annual Cash Incentive Plan, which is a bonus based on division performance.

  Retirement

• 401k Employer match up to 5% and an annual Retirement Income Account (RIA) contribution of 3%.

  Time Away & Work-Life Balance

• To help promote a healthy work-life balance, this position receives 120 hours of Paid Time Off

• Up to 14 Paid Holidays, including paid time off every year between Christmas and New Year’s.

• Paid days off for citizenship testing, marriage, birth, jury duty, bereavement, and volunteer time.

• 4 weeks paid parental leave at 100% of your pay when you have a new addition to your family.

  Additional Benefits:

  Educational Reimbursement Program

  Adoption Assistance

  · T

  Certain positions may be offered relocation assistance and/or stock options.

  The wage range for this role considers allowances for a number of factors, including but not limited to required experience, skill level, prior training, licensure/certifications, education, and other business needs. A reasonable estimate of the current range is $98,429 - $164,140

  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.