Trane Technologies

Category Manager -Capital Equipment

Trane Technologies$97K — $135K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 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
  • 5+ years of experience in Category Management
  • Sourcing experience in the development and management of a global supply base
  • Strong analytical skills with demonstrated experience
  • Leadership experience in high-level negotiations and multi-functional projects

Responsibilities

  • Develop and execute procurement strategies and supplier relationships
  • Implement multi-year category strategies to maximize spend with preferred suppliers
  • Identify business needs through internal communication and align supply base with strategic goals
  • Manage strategic supplier relationships to improve performance metrics
  • Oversee sourcing processes to ensure maximum value from spending
  • Lead contract development and negotiations to minimize risk and maximize value
  • Partner with global procurement teams to drive productivity and cost avoidance

Benefits

  • Health insurance and wellness programs available from Day One
  • Family building benefits including fertility and adoption assistance
  • 401K match up to 6% with an additional 2% core contribution
  • Generous paid time off including vacation, holidays, and sick leave
  • Educational opportunities and tuition assistance programs
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.

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
  • 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:
$97,406.66 - $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.

Thrive at work and at home:

  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives - WE DARE TO CARE!
  • Family building benefits include fertility coverage and adoption/surrogacy assistance.
  • 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.
  • Paid time off includes 15 vacation days, 9 paid holidays, 3 floating holidays, sick leave, and additional options to support volunteer and parental leave.
  • Educational and training opportunities through company programs along with tuition assistance and student debt support.


Disclaimer: Benefit offerings may vary depending on Collective Bargaining Agreements and local/state regulations.

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

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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