Senior Manager, Mechanical Components Sourcing
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Job Location:
Rosemont, IL - USA
Monthly Salary:
$ 120000 - 168000
Posted on:
12 hours ago
Vacancies:
1 Vacancy
Job Summary
Position Summary
We are seeking a Global Strategic Sourcing Manager Mechanical Components to lead category strategy for machined stamped and cast components across our worldwide supply base. This highimpact role partners with engineering operations and regional sourcing teams to unlock cost savings improve supplier performance and ensure longterm supply chain reliability.
You will lead global sourcing strategies negotiate complex machining contracts develop suppliers in lowcost regions and build category frameworks that support scalability and sustainability. From cost modeling to problemsolving sessions with plant teams this role sits at the intersection of technical expertise strategic leadership and global supplier partnership.
If you have deep knowledge of machining processes (milling turning grinding casting forming) thrive in a matrixed environment and enjoy building strategies that deliver meaningful business value this is an opportunity to lead category transformation at a global scale.
Key Responsibilities
Develops talent and strengthens organizational capability for strategically managing machined categories by coaching mentoring and upskilling team members to support effective category strategy and execution.
Plans organizes directs and communicates all strategic sourcing activities for assigned commodities and services collaborating closely with crossfunctional partners in supply chain engineering technical support and operations.
Conducts brainstorming and problemsolving sessions at facilities with crossfunctional groups to identify strategic opportunities and prioritize deployment of costsaving initiatives.
Provides oversight guidance and direction to sourcing and project managers to ensure effective deployment of strategic projects with both internal and external stakeholders.
Collaborates with global and regional supply teams to identify assess and qualify strategic suppliers that align with category and business objectives.
Partners with global facilities to build regional and global material costsavings funnels aligned with corporate strategies and financial targets.
Leads comprehensive spend analysis developing countermeasures for projects that fall short of plan and making datadriven decisions to resolve issues and ensure teams meet or exceed financial targets.
Develop and deliver category strategies that advance strategic sourcing initiatives drive yearoveryear cost savings and support longterm value creation.
Proactively evaluates internal and external process improvement opportunities leading and influencing meaningful changes to drive innovation and continuous improvement.
Partners with Regal Rexnord business segments to prepare Requests for Proposals (RFPs) and oversees the screening and supplier selection process.
Negotiates and manages supplier contracts including payment terms delivery schedules pricing freight terms currency exposure raw material fluctuations and inventory levels.
Analyzes market and delivery conditions to assess current and future product needs and identify potential availability risks.
Provides timely reporting on key performance indicators (KPIs) and presents strategic sourcing plans and performance updates to stakeholders.
Required Skills and Qualifications
Bachelors degree required (BA or BS) preferably in Business Supply Chain Operations Management or Engineering.
Minimum of 7 years of experience in an industrial manufacturing environment within a strategic Procurement or Supply Chain role.
Proven experience developing and executing global sourcing strategies.
Strong technical expertise in machining processesincluding milling turning grinding metal forming and gear cuttingwith deep understanding of manufacturing and raw material inputs for machined and stamped components.
Proven experience operating within a matrixed organization and managing categories at a global level.
Experienced in negotiating external machining processes and driving supplier development with measurable performance improvements.
Skilled in sourcing across lowcost regions and managing global multiregion partnerships.
Proven success thriving in changeintensive highstretch environments.
Strong costmodeling expertise for machined cast and fabricated components.
Proven track record delivering strategic sourcing KPIs including cost reductions and strategy deployment.
Able to navigate and solve complex highvolume and sometimes contradictory information effectively.
Travel: Up to 20%
Language: English
Compensation Details: Expected Base Salary Range: $120000 - $168000
The salary range provided is intended to display the value of the companys base paycompensation for this position. Salary is dependent on a multitude of factors includingbut not limited to the physical worksite location the geographic market of that locationcandidates skill set level of experience education and internal peer compensationcomparisons among other potential factors.
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.
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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 30000 associates around the world who help create a better tomorrow by providing sustainable solutions that power transmit and control motion. The Companys 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 Companys 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 Companys 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 .
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 youd like to view a copy of the companys affirmative action plan for protected veterans/individuals with disabilities or policy statement please email 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
Required Experience:
Senior Manager
Key Skills
- Category Management
- Change Management
- Sourcing
- Procurement
- HR Sourcing
- Supply Chain Experience
- Supplier Management
- Management Reporting
- E-procurement
- Mentoring
- negotiation
- Contracts
About Company
Regal Beloit and Rexnord Corporation merged in 2001 to create Regal Rexnord. Find out more about the brands that make up our power transmission portfolio.
