Job Description

Global Procurement Manager

This position reports to the Director of Global Procurement and is responsible for the management of all activities associated with Direct Material products category. This position 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.

Key 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 group
• 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 stakeholder
• 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 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 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 and drive innovation and continuous improvements
• Collaborates with global business units on the preparation of Request for Proposals (RFPs), Request for Quotations (RFQ's) and leads the screening and supplier selection process
• Negotiate and drafts supplier contracts of sale, including payment terms, deliveries, price, freight terms, currency exchange, raw material steel fluctuation, inventory levels
• Analyzes market and delivery conditions to determine present and future material availability, and prepares market analysis reports
• Responsible for timely reporting to agree upon KPI's and presenting Strategic Sourcing plans, activities and progress

Professional Experience/Qualifications:

• 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 similar position
• Proven success of 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 are a plus
• Proven success in a matrix driven organization
• Excellent working knowledge of industrial markets, suppliers and company requirements

Salary: Expected Salary: 130K-150K

The salary range provided is intended to display the value of the company's base pay compensation for all statewide locations across the United States. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, candidate's skill set, level of experience, education and internal peer compensation comparisons.

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 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, pregnancy, age, ancestry, national origin, genetic information, 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 for protected veterans/individuals with disabilities 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.

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.

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