Sourcing Specialist

Parker Hannifin Corp

Lexington, KY

JOB DETAILS
SKILLS
APICS (Association for Operations Management), Best Practices, Business Administration, Business Operations, Business Solutions, Communication Skills, Comparative Analysis, Continuous Improvement, Contract Review, Corrective Action, Crisis Management, Cross-Functional, Data Analysis, Electronic Data Interchange (EDI), Equipment Maintenance/Repair, Government Regulations, Industry/Trade Press, Legal, Manufacturing Resource Planning (MRP II), Market Segmentation, Negotiation Skills, Performance Goal Setting, Process Development, Procurement Management, Purchase Orders, Purchasing/Procurement, Regulatory Compliance, Regulatory Requirements, Request for Proposals (RFP), Standards Development, Statement of Work (SOW), Supply Chain, Team Lead/Manager, Technical Writing, Vendor/Supplier Evaluation, Vendor/Supplier Selection
LOCATION
Lexington, KY
POSTED
30+ days ago

Sourcing Specialist

Group: Eng Materials Group N. America

Division: O-ring & Engineered Seals (OES)

Location: USA LEXINGTON KY O-RING

Job Family : Procurement

Job Type : Regular

Posted : Apr 29, 2026

Job ID: 65201

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Job Description

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This position supports sourcing projects and/or a set of assigned commodities/market segments-primarily purchased components (e.g., metal stampings, seals, and packings)-by deploying best practices, procurement tools, and negotiation skills. The role is also responsible for sourcing and managing outside services. Additionally, the position assists in contract execution, implementation, and supplier reviews for assigned contracts. The Sourcing Specialist works collaboratively and proactively to identify process, sourcing, outside-service, and contract improvement opportunities.

  • Identifies and recommends suppliers by investigating potential suppliers, researching parts, equipment, machinery, services, and materials availability, prepares statements of work for items proposed for procurement.

  • May assist with supplier negotiations on new procurements or changes to existing purchase orders.

  • Develops potential bidders lists and formal requests for quotation or proposal.

  • Conducts supplier site visits and evaluates them as to production capability, performance, delivery, and other key business criteria.

  • Evaluates proposals from potential suppliers

  • Selects suppliers for a variety of highly complex or technical materials, supplies or services and negotiates price, delivery, quality and service.

  • 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.

  • Develops standard/automated re-order procedures. Will develop crisis management and supplier backup contingency programs.

  • Maintains accurate lead times for assigned items.

  • Issues purchase orders and agreements that accurately reflect price, schedule, terms, and conditions as negotiated with suppliers.

  • Monitors and evaluates supplier performance. Determines and implements corrective actions to resolve impending supplier failure to fulfill contractual agreements that may delay production or delivery.

  • Applies continuous improvement techniques and methods to internal processes and systems. Develops, coordinates, and implements improvement initiatives with key suppliers.

  • Recommends actions by analyzing and interpreting data and making comparative analysis. Analyzes proposed changes in methods and materials.

  • May lead or be assigned to a special project team.

  • Maintains professional and technical knowledge by attending educational workshops, reviewing trade publications, establishing networks, and/or participating in professional associations.

  • Represents company on high-level projects. Contributes to team effort by accomplishing related results as needed.

  • Work assignments may include cross-functional or project team responsibilities (e.g., continuous improvement).

  • Follows established safety and environmental policies, procedures, and methods applicable to the work area.

  • Performs other duties as necessary.

  • Bachelor's degree (BA) in Supply Chain, Business Administration, or related field, or an equivalent combination of education and experience which has provided both theoretical and practical knowledge in the field.

  • General knowledge of the rubber industry is desired.

  • General knowledge of metal stamping products is desired.

  • 5+ years of increasingly responsible related experience.

  • Certificate in Purchasing Management (CPM) or APICS desired.

  • Thorough knowledge of purchasing and negotiating methods, principles and concepts. 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 effectively communicate and present information to suppliers, team members, team leaders, and top management.

  • 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.

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

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About the Company

P

Parker Hannifin Corp

Parker is the global leader in motion and control technologies, precisely engineering solutions for customers around the world.
Capabilities

Parker’s engineering expertise spans the core motion technologies – electromechanical, hydraulic and pneumatic – will a full complement of fluid control systems; software and electronic controls; filtration systems; and instrumentation and sealing technologies.

The motion and control industry supports nearly all finished goods on the market today. We’re committed to helping our customers achieve higher levels of productivity. You can’t see the engineering in our products, but every day you experience the results of our work, on virtually everything that moves.

Global Strengths

With operations in more than 46 countries around the world, Parker offers many career paths and opportunities for advancement. We offer a number of hands-on training programs that enables new hires to quickly get up to speed and begin contributing to Parker’s success immediately. In addition, employees are encouraged to actively participate in professional and industry- related organizations.

Company facts

With annual sales exceeding $10 billion, Parker is the world’s leading diversified manufacturer of motion and control technologies and systems, providing precision- engineered solutions for a wide variety of commercial , mobile, industrial and aerospace markets. Parker has increased its annual dividends paid to shareholders for 54 consecutive years, among the top five longest- running dividend-increase records in the S&P 500 index. For more information, visit the company’s website at http://www.parker.com , or its investor information site at http://www.phstock.com

COMPANY SIZE
10,000 employees or more
INDUSTRY
Manufacturing - Other
FOUNDED
1918
WEBSITE
https://www.parker.com