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Senior Sourcing Manager, Mechanical Components
Regal RexnordSenior Sourcing Manager managing global sourcing strategies for mechanical components at Regal Rexnord. Driving category strategies and supplier partnerships for operational efficiency and cost savings.
Posted 5/31/2026full-timeRosemont • Illinois, Wisconsin • 🇺🇸 United StatesSenior💰 $130,000 - $168,000 per yearWebsite
About the role
Key responsibilities & impact- 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
What you’ll need- 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.
- Travel: Up to 20%
- Language: English
Benefits
Comp & perks- 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
ATS Keywords
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Hard Skills & Tools
strategic sourcingglobal sourcing strategiesmachining processesmillingturninggrindingmetal forminggear cuttingcost-modelingsupplier development
Soft Skills
coachingmentoringproblem-solvingcollaborationcommunicationleadershiporganizational capabilitydata-driven decision makingchange managementnavigating complex information