SCOPE OF ROLE

This position reports to the Sr. Manager, Category Management and is responsible for the strategic management of our global machined component product category. This position will provide global category leadership, aligning with segment and regional category teams and working closely with segment and divisional product leaders, operations and other key stakeholders to deploy strategies that drive value and sustainability in our supply chain.  This is a hybrid role based out of either Rosemont, IL or Milwaukee, WI.

RESPONSIBILITIES

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 initiativesProvides oversight to sourcing/project managers on the deployment of projects with internal and external stakeholders   Collaborates with global and regional supply teams to identify, screen and qualify strategic suppliersWorks with global facilities to create regional and global material cost savings funnels that align with corporate 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 category strategies that will deliver on strategic sourcing initiatives including year over year cost savings Proactively assesses internal and external process improvements and influences effective change to drive innovation and continuous improvementsCollaborates with Regal Rexnord segments on the preparation of Request for Proposals (RFPs) and owns the screening and supplier selection process  Negotiates and manages supplier contracts including payment terms, deliveries, price, freight terms, currency exchange, raw material fluctuation, and inventory levelsAnalyzes market and delivery conditions to determine product present and future needs and availabilityProvides timely reporting to agreed upon KPI’s and presents Strategic Sourcing plans to stakeholders  

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

BA or BS degree is required, preferably in Business, Supply Chain, Operations Management or EngineeringMinimum of 7 years’ experience in an industrial manufacturing environment in a strategic Procurement/Supply Chain positionDemonstrated experience developing global sourcing strategiesProven knowledge of milling, turning, grinding, metal forming processes and gear cuttingDeep understanding of manufacturing process in relation to machined componentsUnderstanding of raw material inputs into machined and stamped componentsDemonstrated experience working in a matrix driven organization and in managing categories at a global levelExperience managing and negotiating external machining processesDemonstrated success of supplier development strategies and related performance improvements  Experience sourcing in low-cost regions  Experience working with multiple regions globally  Demonstrated success in a change management and “stretch” environment  Strong knowledge of cost modeling linked to machined component casting/fabrication processesDemonstrated consistent performance in delivering strategic sourcing KPI’s including annual cost reductions and developing and deployment of sourcing strategiesDemonstrated ability to manage complexity, making sense of complex, high quantity and sometimes contradictory information to effectively solve problems

Benefits

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 $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.

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, age, ancestry, national origin, 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 or policy statement, please email Recruiting@RegalRexnord.com.  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 Recruiting@RegalRexnord.com.

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.