Purchasing Specialist

Job Description Position Summary Obtains the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. Identifies manufacturing needs, selects suppliers, negotiates contracts, and arranges delivery. Purchases critical, complex and/or high-dollar parts, equipment, services, and materials. Essential Functions Identify and recommend suppliers by investigating potential suppliers, researching parts, equipment, machinery, services, and materials availability. Prepare statements of work for items proposed for procurement. Develop potential bidders lists and formal requests for quotation or proposal. Conduct supplier site visits and evaluate them for production capability, performance, delivery, and other key business criteria. May support or lead supplier certification surveys as part of a technical and/or quality team. Evaluate proposals from potential suppliers. Select suppliers for a variety of highly complex or technical materials, supplies or services and negotiate price, delivery, quality and service. Develop alternate sources of supply by identifying and researching prospective suppliers. Negotiate final terms and conditions of purchase, award and administer the procurement contract to conclusion. Maintain accurate lead times for assigned area. Issue purchase orders and agreements that accurately reflect price, schedule, terms, and conditions as negotiated with suppliers. May include orders with international suppliers and/or subcontractors involving import/export trade. Monitor and evaluate supplier performance. Determine and implement corrective actions to resolve impending supplier failure to fulfill contractual agreements that may delay production or delivery. Resolve shipment quality discrepancies by mediating supplier/manufacturing issues. Facilitate inspections, substitutions, and standardization by arranging and participating in conferences between suppliers and company personnel. Negotiate and settle damage claims, rejections, losses, return of materials, over-shipments, cancellations and engineering changes with suppliers. Monitor and evaluate supplier’s ability to meet all company and government or commercial procurement requirements and ensure that the pertinent technical and quality issues receive adequate attention in order to assure compliance. Prepare complex reports and analyses by collecting, analyzing, and summarizing information and trends. Apply continuous improvement techniques and methods to internal processes and systems. Develop, coordinate, and implement improvement initiatives with key suppliers. Recommend actions by analyzing and interpreting data and making comparative analyses. Analyze proposed changes in methods and materials. May lead or be assigned to a special project team. Maintain professional and technical knowledge by attending educational workshops, reviewing trade publications, establishing networks, and/or participating in professional associations. Comply with federal, state, and aerospace industry regulations; ensure adherence to requirements and advise management on needed actions. Comply with Government/Commercial Practices Manual (GPM/CPM) policies and procedures. May provide leadership to others in department. Act as prime contact on high level projects. Establish goals and objectives required to complete projects. Train and mentor less experienced employees. Share specialized knowledge with others. Represent company on high-level projects. Contribute 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, or an equivalent combination of education and experience which has provided both theoretical and practical knowledge in the field. Demonstrated ability to perform the essential functions of the job typically acquired through six or more years of increasingly responsible related experience. Certificate in Purchasing Management (CPM) or APICS desired. Knowledge, Skills And Abilities Thorough knowledge of purchasing and negotiating methods, principles and concepts. Subcontracting and Electronics experience a plus. Knowledge of industry practices, general business operations, and policies. Knowledge of legal and regulatory requirements related to procurement. Ability to effectively assess and implement continuous improvement principles and techniques. 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). Ability to work on a variety of problems of diverse scope and complexity where analysis and evaluation of various outcomes require trade-offs. Ability to solve a wide range of difficult problems in imaginative and practical ways and evaluate alternative solutions that may require coordination across multiple teams. Ability to establish goals and objectives to complete projects. Ability to read, analyze, and interpret policies and recommend changes to procedures. Ability to effectively communicate and present information to suppliers, team members, team leaders, and top management. Ability to respond to significant inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to define problems, collect data, establish facts, and draw valid conclusions. 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. Competitive Compensation Pay Range: $87,050 to $145,250 annually Participation in Annual Incentive Program Benefit & Retirement Plans 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 Affi… (Equal Employment Opportunity statement)... 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, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations. 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 #J-18808-Ljbffr Parker Hannifin