Position Summary
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.
The vision of Gas Turbine Fuel Systems Division is to be the global leader in the design, development, manufacture, and service of engine fuel, lubrication, and thermal management systems and components for aerospace/defense and industrial applications. By leveraging our expertise in analysis, atomization, combustion, fluid metering, and control — coupled with enterprise excellence — we will exceed customer expectations and achieve our business objectives.
Job Summary:
The New Product Introduction (NPI), Research & Development (R&D), Outsource Purchasing Specialist will play a critical role in the procurement process for research and development projects and new products, ensuring that materials, components, and services are sourced effectively and efficiently to meet project timelines and quality standards. This position requires collaboration with cross-functional teams, including engineering, product development, quality, and manufacturing, to support the successful launch of new products. Obtains the best quality, service, and value for products and services through effective bidding, negotiation, and supplier management. Responsible for developing, negotiating, and administering major or highly complex subcontracts, ensuring compliance on supplier cost, schedule, legal and performance criteria. Manages all material related issues pertaining to new program development and serves as the main focal point for varied outsourcing projects.
Key Responsibilities:
Sourcing and Procurement:
o Identify and evaluate potential suppliers for new products, components, and materials. Help identify best suppliers from the base for prototyping and development.
o Negotiate pricing, terms, and contracts with suppliers to ensure cost-effective procurement.
o Manage supplier relationships to ensure quality, delivery, and compliance with specifications.
o Develop and maintain purchased component budgets for NPI and R&D projects, ensuring adherence to financial targets.
o Coordinate hand-off to production buyers after launch and stabilization.
o Responsible all phases of the subcontract from initiation of the business case for make or buy decisions through requests for proposals, subcontract management plans, negotiation strategy, and cost accountability.
o Assumes the lead role in selection and negotiation for unique or customer-sensitive subcontracts.
o Closely monitors subcontractor and/or supplier performance to ensure contractual agreements, terms, and conditions comply.
o Conduct supplier site visits and rates them as to production capability, performance and delivery, capacity, supply chain management and other key business criteria. Monitors any business changes on a regular basis.
o Ability to negotiate effectively to obtain best prices and terms on products, materials, and services.
Cross-Functional Collaboration:
o Work closely with engineering and program management teams to understand product specifications and requirements.
o Collaborate with manufacturing and quality teams to ensure that sourced materials meet NPI and R&D and subsequent production needs and quality standards.
o Identify opportunities for cost savings and process improvements and work collaborated with internal and external teams to accomplish.
o Develop and maintain project timelines in conjunction with project managers for NPI and R&D initiatives, ensuring that procurement activities align with key program milestones and product launch schedules.
o Prepare regular reports on NPI, R&D, and outsource procurement activities, supplier performance, and project status for management review, addressing any issues that may impact timelines or budgets.
o Facilitate activities assigned within the supply chain team.
Qualifications:
Education / Experience:
o Bachelor’s degree in business administration, Supply Chain or related field, or an equivalent combination of education and experience which has provided both theoretical and practical knowledge in the field.
o Demonstrated ability to perform the essential functions of the job typically acquired through five or more years of increasingly responsible experience in procurement or project administration including two or more years of high-level project and customer/supplier management.
o Certificate in Purchasing Management (CPM) or Certified Supply Chain Professional (CSCP) desired.
o Proactive self-starter with a strong ability to work independently and manage tasks with minimal supervision.
o Strong negotiation and communication skills.
o Excellent analytical and problem-solving abilities.
o Ability to manage multiple projects and prioritize tasks effectively.
o Understand manufacturing processes and product development.
o Familiar with Aerospace quality standards and compliance requirements.
o Ability to effectively assess, lead, and implement continuous improvement in critical and/or high-impact areas.
o Strong attention to detail and a commitment to quality.
o Ability to work collaboratively in a cross-functional team environment.
o Proactive and adaptable, with a willingness to take initiative and drive results.
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 13 Company-Paid Holidays.
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.
Conditions of Employment
This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.
Pay, Benefits, Work Schedule
Competitive Compensation
-
Pay Range: $76350 to $127400 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, Permanent Residency or other appropriate status 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
