Senior Manager, Sourcing

Reynolds Consumer Products • Lake Forest, IL

2d • $127,700 - $185,150 • Onsite

About The Position

Join Reynolds Consumer Products…and Drive Your Career across a world of opportunities! We currently have an opportunity for a Senior Manager, Sourcing at our Corporate Headquarters in Lake Forest, IL. The Senior Manager, Sourcing leads the strategic sourcing and procurement of capital equipment, major engineering services, and large-scale capital projects across the organization. This role is responsible for developing sourcing strategies, managing supplier relationships, ensuring cost-effective project execution, and partnering closely with Engineering, Operations, Finance, and Executive Leadership to deliver reliable, high-quality capital investments.

Requirements

• Bachelor’s degree in Supply Chain, Engineering, Business, Finance, or related discipline.
• 8+ years of procurement or strategic sourcing experience, with significant experience managing large capital projects.
• Proven experience negotiating complex contracts with equipment OEMs, engineering firms, and construction partners.
• Strong financial acumen, including cost modeling, TCO analysis, and ROI understanding.
• Expertise in project management, risk mitigation, and cross-functional leadership.
• Experience in manufacturing, consumer packaged goods (CPG), industrial operations, or energy.
• Knowledge of global supply markets and emerging capital technologies.

Nice To Haves

• Master’s degree (MBA, Engineering Management, or related) a plus.
• Professional certifications (CPSM, PMP, or similar).

Responsibilities

• Develop and execute a multi-year capital procurement strategy aligned with corporate growth, operational efficiency, and sustainability goals.
• Establish governance frameworks, procurement policies, and sourcing standards for capital projects.
• Lead capital spend planning, forecasting, and annual budgeting from a procurement perspective.
• Partner with Engineering, Operations, and Finance to prioritize projects and ensure alignment with business needs.
• Oversee end-to-end sourcing for capital equipment, construction, major upgrades, and facility expansions.
• Develop sourcing strategies, RFPs, bid evaluations, commercial models, and negotiation playbooks for smaller to multimillion-dollar capital projects.
• Drive total cost of ownership (TCO) analysis, cost modeling, and value-engineering initiatives to optimize project budgets. Work with engineering team members to do “should cost” modeling to get to the right cost for the capital projects.
• Ensure all procurements meet regulatory, safety, and quality requirements.
• Build and manage long-term strategic supplier partnerships across equipment manufacturers, engineering firms, contractors, and OEMs.
• Oversee supplier qualification, performance monitoring, and corrective action processes.
• Negotiate complex commercial agreements, service contracts, warranties, and performance guarantees.
• Lead risk mitigation efforts, including supply continuity, financial stability assessments, and contract compliance.
• Collaborate with Engineering on equipment specifications, lifecycle considerations, and technology selections.
• Partner with Project Managers to ensure on-time equipment delivery, installation, and commissioning.
• Align with MRO Sourcing Manager to achieve best TCO for spare parts.
• Align with Service Sourcing Manager to achieve best TCO for service from OEMs.
• Align with Finance and Legal on contract terms, capex governance, and audit compliance.
• Align with Procurement Operations team to ensure supplier terms and conditions are implemented to company’s policies.
• Team with Procurement Analysts to develop sourcing cycle and implement wins from the RFPs.
• Team with Procurement Coordinators on implementing the T&C from established contract with Suppliers while transacting Purchase Orders and Invoices.
• Engage senior leadership with clear communication on project timelines, risks, and procurement strategies.
• Contribute towards strengthening organizational capability in capital sourcing, negotiation, and supplier management and cross functional engagement.
• Live a culture of continuous improvement, collaboration, and accountability.

Benefits

• 18% annual incentive provided the business meets financial goals and the individual meets their performance goals, subject to plan administration guidelines.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior