
Senior Manager, Mechanical Components - Sourcing
Regal Rexnord
full-time
Posted on:
Location Type: Hybrid
Location: Rosemont • Illinois • Wisconsin • United States
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Salary
💰 $120,000 - $168,000 per year
Job Level
About the role
- 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 cross‑functional partners in supply chain, engineering, technical support, and operations.
- Conducts brainstorming and problem‑solving sessions at facilities with cross‑functional groups to identify strategic opportunities and prioritize deployment of cost‑saving 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 cost‑savings funnels aligned with corporate strategies and financial targets.
- Leads comprehensive spend analysis, developing countermeasures for projects that fall short of plan and making data‑driven decisions to resolve issues and ensure teams meet or exceed financial targets.
- Develop and deliver category strategies that advance strategic sourcing initiatives, drive year‑over‑year cost savings, and support long‑term 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.
Requirements
- Bachelor’s 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 processes—including milling, turning, grinding, metal forming, and gear cutting—with 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 low‑cost regions and managing global, multi‑region partnerships.
- Proven success thriving in change‑intensive, high‑stretch environments.
- Strong cost‑modeling 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, high‑volume, and sometimes contradictory information effectively.
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 & Tools
strategic sourcingglobal sourcing strategiesmachining processesmillingturninggrindingmetal forminggear cuttingcost modelingsupplier negotiation
Soft Skills
coachingmentoringproblem-solvingcollaborationcommunicationleadershiporganizational capabilityinfluencingchange managementdata-driven decision making