Global Category Manager, Machine Components

Regal Rexnord Corp • Rosemont, IL

436d • Hybrid

About The Position

The Global Category Manager for Machine Components is responsible for the strategic management of the global machined component product category. This role involves providing global category leadership, collaborating with various teams to deploy strategies that enhance value and sustainability in the supply chain. The position requires strong leadership and strategic sourcing skills to drive cost savings and innovation across the organization.

Requirements

• BA or BS degree is required, preferably in Business, Supply Chain, Operations Management or Engineering.
• Minimum of 7 years' experience in an industrial manufacturing environment in a strategic Procurement/Supply Chain position.
• Demonstrated experience developing global sourcing strategies.
• Proven knowledge of milling, turning, grinding, metal forming processes and gear cutting.
• Deep understanding of manufacturing process in relation to machined components.
• Understanding of raw material inputs into machined and stamped components.
• Demonstrated experience working in a matrix driven organization and in managing categories at a global level.
• Experience managing and negotiating external machining processes.
• Demonstrated 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 processes.
• Demonstrated consistent performance in delivering strategic sourcing KPI's including annual cost reductions and developing and deployment of sourcing strategies.
• Demonstrated ability to manage complexity, making sense of complex, high quantity and sometimes contradictory information to effectively solve problems.

Responsibilities

• Plans, organizes, directs, controls and communicates all strategic sourcing activities related to assigned commodities and services.
• 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 stakeholders.
• 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 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 improvements.
• Collaborates 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 levels.
• Analyzes market and delivery conditions to determine product present and future needs and availability.
• Provides timely reporting to agreed upon KPI's and presents Strategic Sourcing plans to stakeholders.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Administrative and Support Services
• Education Level: Bachelor's degree
• Number of Employees: 10,001+ employees