Global Category Manager, Bearings
Rosemont, IL 
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Posted 1 day ago
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's 30,000 associates around the world 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 small, 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 is headquartered in Milwaukee, Wisconsin and has 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.


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

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5 to 10 years
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