Position Summary:
This position reports to Senior Category Management of Machined Components and is responsible for the strategic management of our regional machined components under Machined components group. This role will work closely with the regional supply chain teams, operations, plants and corporate leaders in the development of strategic plans and supporting objectives to drive overall performance across Regal Rexnord.
Primary Responsibilities:
Develop and drive a category strategy for general machined components, not limited to stamping and other related commodities, including developing strategic sourcing partnerships, leading negotiations, and strategy implementationLead Supplier management strategy including supplier development, supply base consolidation, cost reduction roadmaps and implementation of supplier segmentation plan.Partner with business segments and influence the strategic direction of the category strategy, including design criteria, and directed sourcing requirements (Tier 2/Tier 3).Leads the effort to achieve and maintain alignment in the value chain between the suppliers, and the end customer in all form, fit, function, price and delivery requirements. Manages, tracks, and reports key drivers, market trends from a historical and forecasting perspective.Establishes and implements countermeasures to compensate for negative performance and market trends. Gain a comprehensive understanding of the category total cost, including an integrated view of tooling and component costs as a part of the category strategyPartners with the operational purchasing teams to ensure period-over-period process improvementsDrives innovation and a focus on continuous improvement within the supply chain organization Responsible for timely reporting to agreed-on KPIs and presents strategic sourcing plans, activities and successes to the Senior Leadership Team. Identify and assess potential supply chain risks (e.g., geopolitical, financial, operational) and develop mitigation strategies.Required Education / Experience / Skills:
BA or BS degree required, preferably in Supply Chain/Operations management5+ years of direct supply chain, operations, distribution or related experience, with several years being in a category management or procurement of industrial materialExperience with direct material sourcing on a global scale, with multi-tier supplier relationship management Outstanding analytical skills with the ability to use a structured approach to understand, analyze and solve complex problems / issues Ability to develop working partnerships with senior executives across the business and to challenge and influence them to create change Cross-functional / cross-departmental outlook, working across a decentralized organizationStrong written communication and excellent oral presentation skills, and the ability to present convincingly at senior levels Proven track record of developing and implementing successful sourcing/procurement strategiesStrong negotiation skills and experience in contract management.International work experience and willingness to travel frequently.Travel:
Approximately 50% travel, mainly domesticLanguage: Chinese and fluent in English
About Regal RexnordRegal Rexnord is a $6.5B 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.