Global Category Manager, Bearings

at Rexnord Industries LLC in Rosemont, Illinois, United States

Job Description

Scope of Role
This position reports to the Director of Category Management and is responsible for the strategic management of our global Bearings and mechanical assemblies category. This position will provide global category leadership, aligning with segment and regional category teams and working closely with segment and 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 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 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 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 Regal Rexnord segments on the preparation of Request for Proposals (RFPs), Request for Quotations (RFQs) 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 (industry trends in pricing and availability that will impact the business) 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 preferably in Supply Chain/Operations Management, minimum in a business/industrial related field
5-10 years' experience working in an industrial steel manufacturing environment with experience in strategic Procurement/Supply Chain, or similar position
Strong knowledge of Global & US bearing industry, key players, cost drivers, and forming processes.
Development of global sourcing strategies using category management methodology
Proven knowledge of bearings raw material (high carbon chromium steel, and stainless steel), pricing, cost drivers and sourcing strategies
Deep understanding of manufacturing process in relation to bearings
Understanding of mechanical assemblies applications for rolling elements
Strong performance record of managing categories at a global level
Proven success of supplier development strategies and related performance improvements
Experience sourcing in low cost regions
Experience working with multiple locations globally
Proven success in a change management and "stretch" environment
Strong knowledge of cost modeling linked to casting/fabrication processes including: sand casting, die casting, milling, coating, plating, finishing, and total product cost
Consistent performance in delivering annual cost reductions linked to category strategy
Proven success in a matrix driven organization
Excellent working knowledge of industrial markets, suppliers and company requirements
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 Corporation ("Regal Rexnord") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000... For full info follow application link.

Equal Employment Opportunity Employer: Female/Sexual Orientation/Gender Identity/Minority/Veteran/Disabled