This position reports to the Director of Global Procurement and is responsible for the management of all activities associated [Direct Material] products category. This position will provide global category leadership, aligning with regional category teams and working closely with divisional product leaders, operations and other key stakeholders to deploy strategies that drive value and sustainability in our supply chain. Key Responsibilities.
Responsibilities:
Manages complex multi-year supplier relationships aligned to enable our front-end portfolio strategies
Plans, organizes, directs, controls and communicates all strategic sourcing activities related to assigned commodities and services to cross functional supply, engineering, technical support and operations group
Conducts brainstorming sessions at facilities with cross functional teams to identify strategic opportunities and deployment priorities on cost saving initiatives.
Provides oversight to sourcing/project managers on the deployment of projects with internal and external stakeholder
Collaborates with global and regional supply teams to identify, screen and qualify strategic suppliers.
Works with global facilities to create regional and global material cost savings funnels that align with commercial strategies and financial targets
Drives spend analysis, including counter measures for projects that fall short of plan and makes decisions to remedy the issues to get the teams back on track to meet or exceed plan
Develops and delivers strategies that will deliver year over year cost savings.
Possesses an understanding of total cost of ownership
Proactively assesses internal and external process improvements and influences effective change and drive innovation and continuous improvements
Collaborates with global business units on the preparation of Request for Proposals (RFPs), Request for Quotations (RFQ’s) and leads the screening and supplier selection process
Negotiate and drafts supplier contracts of sale, including payment terms, deliveries, price, freight terms, currency exchange, raw material steel fluctuation, inventory levels
Analyzes market and delivery conditions to determine present and future (industry trends in pricing and availability that will impact the business) material availability, and prepares market analysis reports
Responsible for timely reporting to agree upon KPI’s and presenting Strategic Sourcing plans, activities and progress
Professional Experience/Qualifications:
BA or BS degree required preferably in Supply Chain/Operations Management, minimum in a business/industrial related field
7 years’ experience working in an industrial manufacturing environment with experience in strategic Procurement/Supply Chain, or similar position
Proven success of strategically working with suppliers
Experience sourcing in low cost regions
Experience working with multiple locations globally
Proven success in a change management and “stretch” environment
Ownership of [direct material] categories with general knowledge of other categories such as steel, resin, forgings and stampings are a plus
Proven success in a matrix driven organization
Excellent working knowledge of industrial markets, suppliers and company requirements
Travel up to 25%
- Medical, Dental, Vision and Prescription Drug Coverage
- Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance
About Regal Rexnord
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email [email protected]. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [email protected].
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
Top Skills
What We Do
All 29k+ associates at Regal Rexnord have a shared purpose: Create a better tomorrow by energy-efficiently converting power into motion. We are a leading, global manufacturer of airflow, motion control, power transmission, and power generation solutions used in commercial, industrial and residential settings. You may not know it, but Regal Rexnord impacts your life every day. Our products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyor systems that keep e-commerce flowing. Regal Rexnord is comprised of four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems and Industrial Systems. Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales, and service facilities worldwide. For more information, visit RegalRexnord.com.
