Trane Technologies

Category Manager - Capital Equipment

Trane Technologies$75K — $135K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Supply Chain, Finance, or related field
  • MBA or advanced degree preferred
  • 7+ years in Procurement/Supply Chain
  • Sourcing experience in global supply base management
  • 5+ years in Category Management

Responsibilities

  • Develop and execute Procurement strategies
  • Implement multi-year category strategies to enhance supplier spend
  • Cultivate relationships with internal partners to identify business needs
  • Manage strategic supplier relationships through Supplier Relationship Management
  • Oversee the sourcing process for maximum value
  • Negotiate contracts to maximize value and minimize risk
  • Collaborate with global teams for productivity and cost avoidance

Benefits

  • Relocation assistance available
  • Hybrid work model with onsite and remote options
  • Competitive compensation package
  • Comprehensive benefits and programs
  • Incentives based on performance
Full Job Description
Where is the work:
Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.

What's in it for you:

The Category Manager, Capital Equipment, has responsibility for strategic category leadership and leading negotiations for Capital Equipment purchases for the entire organization. The Category Manager has the critical responsibility of managing business needs with internal partners to identify and manage a supply base to deliver value across all SBUs.

Relocation is available for this position

What you will do:

  • Responsible for strategy development, execution of Procurement processes and supplier relationship management
  • Develop & implement multi-year category strategies with goals to increase spend with preferred suppliers
  • Develop relationships and communication strategies with internal partners to identify business needs and align supply base to achieve strategic direction
  • Responsible for building and managing strategic supplier relationships through formal Supplier Relationship Management (SRM) process to improve supplier performance metrics including quality, delivery, productivity, and innovation
  • Provide leadership and oversight of the sourcing process to ensure spend is awarded to provide the maximum value
  • Lead the development and negotiation of contracts through the contract lifecycle maximizing value while minimizing risk
  • Partner with Regional and Global Procurement teams to ensure delivery of productivity and cost avoidance
  • Ability to travel 10-15%

What you will bring:

  • Bachelor's Degree in Business Administration, Supply Chain, Finance, or related field
  • MBA or advanced degree preferred
  • 7+ years of experience in Procurement/Supply Chain.
  • Sourcing experience in the development and management of a global supply base is required
  • Experience within indirect sourcing is preferred
  • 5+ years of experience in Category Management
  • Demonstrated success includes supplier development across regions, responsibility for high-level negotiations, leading multi-functional projects
  • Strong analytics experience
  • Lean experience beneficial
  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.
  • Communication Skills - Exhibits enthusiasm, influences customers, represents Procurement with SBU leadership, presentation and messaging skills (understanding the audience)Supply Chain Acumen - Established long-term strategies, champions' development and utilization of globally competitive tools and processes, drives for optimal business results focused on meeting the needs of the business.
  • Project Management - Collaborates with cross-functional leaders to align objectives, manages global project portfolio, oversees overall implementation.
  • Global Business Thinking/Strategizing - Demonstrates deep global knowledge of suppliers, industry trends, emerging markets, technology, geopolitical changes; drives this knowledge into short and long-term strategies.
  • Problem Solving - Understands customer expectations; keeps abreast of competitor/related industry problems; anticipate and avoid potential problems; supports team problem solving and corrective action plan implementation.
  • Relationship Management - Creates collaborative environment with cross-functional peers, assures regular/appropriate two-way communication flow, builds/maintains relationship with industry peers and supplier leaders, and reinforces lead on voice to the supply base.
  • Change Management - Develops and utilizes change management tools to educate business on key strategies and business objectives to support vision of indirect procurement.


Annual Base Salary Range or Hourly Base Pay Range:
$75,700.00 - $135,834.99
Compensation Type:
Salary
Incentive Eligible:
Yes
Sales Commission Eligible:
No

Disclaimer: We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience, travel requirements, and union designation. Our compensation range is generally based on the national average for the country. Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Safety Sensitive Role:
No
The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

We offer competitive compensation and comprehensive benefits and programs.

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane and Thermo King, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Our innovative solutions have helped make buildings and homes comfortable, while more energy efficient and environmentally friendly. We also provide transport temperature control solutions that are used in the food, beverage and pharmaceutical sectors. Trane Technologies is committed to achieving carbon neutrality by 2030 and has been named to the Dow Jones Sustainability World Index for the tenth consecutive year.
Learn more about Trane Technologies
Size
37,000 employees
Market Cap
$39 billion
Industry
Net Income
$854.8 million
5 Year Trend
+0.9%
Revenue
$12.4 billion
NASDAQ

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