Indirect Procurement Expert
Regal Rexnord
full-time
Posted on:
Location Type: Hybrid
Location: Rosemont • Illinois, Wisconsin • 🇺🇸 United States
Visit company websiteSalary
💰 $130,000 - $180,000 per year
Job Level
Mid-LevelSenior
About the role
- Define and execute the global Professional Services and CAPEX sourcing strategy, including categories such as Contingent Labor, Staffing, Equipment Rentals and Purchases, and Industrial Equipment Maintenance.
- Lead supplier negotiations and manage complex, multi-year relationships to enable long-term business objectives.
- Collaborate with global supply chain, plant operations, engineering, and corporate leaders to align sourcing strategies with business goals.
- Drive cost savings initiatives, total cost of ownership (TCO) optimization, and supplier risk mitigation.
- Establish and deploy standard processes, policies, and compliance frameworks across all segments.
- Conduct market analysis and provide insights on pricing trends, availability, and risk factors.
- Develop and maintain KPIs, reporting dashboards, and strategic sourcing plans for leadership review.
- Serve as a strategic partner to finance and operations teams to ensure accurate expense reporting and trade working capital (TWC) performance.
- Build strong supplier relationships and position Regal Rexnord as a preferred customer.
Requirements
- Bachelor’s degree in supply chain management, Engineering, or related field
- 5–10 years of experience in Professional Services and Capex sourcing within a manufacturing or industrial environment.
- Proven success in developing and leading strategic sourcing programs and delivering year-over-year cost savings.
- Strong negotiation skills and ability to influence at all organizational levels, including C-suite.
- Expertise in contract lifecycle management, supplier risk mitigation, and compliance.
- Familiarity with sourcing tools and platforms (e.g., Ariba, SAP, GEP).
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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
sourcing strategycost savingstotal cost of ownershipsupplier risk mitigationmarket analysisKPI developmentstrategic sourcingcontract lifecycle management
Soft skills
negotiation skillsinfluencecollaborationrelationship building
Certifications
Bachelor’s degree in supply chain managementBachelor’s degree in Engineering