Category Manager, Senior

This role can be performed remotely from an approved location, with flexibility based on business needs and applicable requirements.

About the role

This position reports to the Sr. Manager, Strategic Sourcing and 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.

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 groups.
• 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 commercial strategies and financial targets.
• Drives spend analysis, including countermeasures 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 to drive innovation and continuous improvements.
• Collaborates with global business units on the preparation of Request for Proposals (RFPs), Request for Quotations (RFQs), and leads the screening and supplier selection process.
• Negotiates and drafts supplier contracts of sale, including payment terms, deliveries, price, freight terms, currency exchange, raw material steel fluctuation, and inventory levels.
• Analyzes market and delivery conditions to determine present and future material availability (industry trends in pricing and availability that will impact the business) and prepares market analysis reports.
• Responsible for timely reporting to agreed-upon KPIs and presenting strategic sourcing plans, activities, and progress.

Requirements

• 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 a similar position.
• Proven success in 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 is a plus.
• Proven success in a matrix-driven organization.
• Excellent working knowledge of industrial markets, suppliers, and company requirements.
• Travel up to 25%.

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 the company

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.