Category Manager III - Chicago, United States - Regal Rexnord Corp

Description

***Position can be hybrid at one of the listed locations or can be fully remote if located outside of these locations***

Position Summary:
Identifies, selects, and manages global supplier relationships for assigned categories to ensure that products and services are delivered to the quality, cost and delivery performance levels required. May ensure all engineering, customer, security and EHS requirements are met. Subject Matter Expert (SME) for assigned categories.

Executes sourcing vision and strategy for assigned categories, including BVC objectives and developing team synergy. Collaborates with other internal functions to ensure that we meet customer requirements. Monitors supplier relationships to ensure strategic alignment and sustainability. Ensures standardized processes are followed as required.

Responsible for driving material cost downs, supplier terms improvement, Best Value Country (BVC) sourcing, NPD (new product development) launch support, category strategies and annual operations planning for a select group of categories. Manages global supplier relationships to ensure that products and services are delivered to the quality, cost and delivery performance levels required.

Reviews RFQ packages and spreadsheet analysis to make recommendations for improvement. Identifies potential suppliers and makes recommendations on supplier selections based on total cost analysis and quality compliance. Performs supplier negotiations and determines most competitive total cost solutions using creativity and latitude.

Defines, drives and implements continuous improvement projects to ensure objectives are met. Leads simplification in the overall Supply Chain process. Provides expertise to internal team as well as other internal functions.

Major Responsibilities:
* Responsible for Electronic Sourcing Strategy of direct materials ranging from switches, terminals, capacitors, EMS suppliers (PCBA's), and cord sets to name a few; and collaborating with the mechanical part of the Sourcing team for various projects
* Manage & coordinate all sourcing activities together with key stakeholders, having a satisfying performance on quality, delivery, cost performance and sustainability improvements
* Meet business objectives, including significant material cost downs, payment terms improvement and Best Value Country vs localization sourcing objectives, make vs buy analysis.
* Negotiates with suppliers in order to get the best conditions and find new alternatives of suppliers or materials to support the business in relation to business cycles, customer needs, new products and changing market demands aligned with stakeholders securing production.
* Manage all supplier relationships within assigned categories, including globally with BVC suppliers
* Supplier Negotiations and contracting with Legal team support (local and international)
* Manage individual category/ categories with local plant support. Performs supplier negotiations and determines most competitive total cost solutions.
* Support PES System's Director of Supply Chain and Sourcing Manager, where appropriate/necessary, for career growth

Required Education / Experience / Skills:
* Bachelor's degree or equivalent related experience. 5+ years.
* Master's Degree a distinct positive
* Green Belt in Lean Six Sigma or APIC Certification a distinct positive
* Proven Negotiation skills
* Proven track record obtaining Material Cost Out (MCO) savings
* Background and track record of successful Best Value Country (BVC) sourcing
* Ability to build relationships, both externally and internally, to deliver successful team objectives
* Ability to think and act strategically in support of business and team objectives

Travel:
* As necessary (estimated at 20%+/-)

Language:
* Bilingual a large plus (Spanish or Chinese) but not mandatory

#LI-Remote

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 $6.5B 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 controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory automation to precision tools used in surgical applications.

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

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, age, ancestry, national origin, 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 or policy statement, please email 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

Equal Employment Opportunity Posters

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.