Trane Technologies

Procurement Leader - Thermo King

Trane Technologies$198K — $268K *
Manufacturing & Automotive
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years of increasing responsibility in sourcing and supply chain within a global industrial context
  • Minimum 3 years managing global supply chain operations
  • Strong background in Lean methodologies and broad commodity experience
  • Excellent financial skills related to sourcing and supply chain
  • Exceptional leadership and negotiation capabilities
  • Ability to analyze complex problems and deploy comprehensive solutions
  • Bachelor's degree in business administration, supply chain, engineering, finance, or a related field; MBA preferred

Responsibilities

  • Lead the development and execution of the BU procurement strategy
  • Foster relationships with internal partners to align strategies and business needs
  • Guide the BU Procurement organization in talent development and performance management
  • Drive standardization of processes across regions for effective reporting
  • Partner with corporate teams to establish procurement vision and strategy
  • Evaluate and structure regional supply chains to optimize costs and enhance resilience
  • Manage the Supplier Delivery Escalation Process to mitigate production impacts

Benefits

  • Benefits commence on DAY ONE for employees and their families, including health plans and wellness programs
  • Family building benefits like fertility coverage and adoption/surrogacy assistance
  • 401K match of up to 6%, plus a core contribution of 2% from the company
  • Generous paid time off policy including 15 vacation days, 9 paid holidays, and sick leave
  • Opportunities for educational assistance and training programs along with student debt support
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.

The Procurement Leader will provide strategic thought leadership, influence and hands on engagement to negotiate and coordinate the sourcing of materials and services for the Thermo King Americas Business Unit (BU).

This role will drive world-class excellence by improving cost, quality, delivery, and cash impact of the supply base while rationalizing the supply base, localizing as necessary for new market growth and increasing flexibility through lead time reduction and supply chain resilience.

The Procurement Leader is in a unique position to ensure alignment with key Product Growth Team stakeholders and to drive strategic alignment across the functions (including engineering, operations, materials, quality) and corporate category teams as it relates to supplier requirements and performance.

The Procurement Leader will report to the Vice President, Procurement Americas and will be based in Minneapolis, Minnesota.

Principal Responsibilities
  • Lead BU procurement strategy development and execution including supplier/supply chain improvements
  • Develop relationships and strategies with internal partners to identify business needs and align supply base to achieve strategic direction.
  • Lead BU Procurement organization including support of talent development, employee engagement and performance management
  • Drive process standardization efforts across regions to ensure accurate and actionable reporting through utilization of standard work
  • Evaluate and assess current business needs, and partner with corporate category team to establish the procurement vision and strategy.
  • Evaluate and establish appropriate regional supply chain as required for the business to ensure best total landed cost and resilience.
  • Understand and model commodity variations and impact to the total business
  • Identify and Manage supply chain risk mitigation strategies in support of product strategies in partnership with Category teams
  • Own Supplier Delivery Escalation Process including ensuring timely response, engagement, and mitigation by team members to minimize impact to production
  • Ensure proper and timely execution of projects, including risk mitigation, productivity, quality, and new product development (NPD) through standard gate process
  • Responsible for BU Procurement goals and metrics within region including addressing any gaps in achieving goals. Balance overall metrics with individual plant and/or product scorecards
  • Responsible for accurate forecasting and reporting of Procurement financial metrics, including productivity and inflation, across responsible plants within region, develop Procurement's portion of Annual Operating Plan
  • Responsible for Procurement participation in plant or product Value Analysis/Value Engineering (VAVE) or Major Model Review (MMR) events


Candidate Profile

The successful candidate will be an outstanding leader with excellent communication skills and an established track record of driving world class sourcing processes.

This leader will exhibit a deep understanding of lean and have direct experience managing suppliers. It is essential that the appropriate candidate have a strong customer focus, particularly with a view toward serving the end customer's needs.
  • 12+ years experience or progressively increasing responsibility in sourcing and supply chain in a global industrial environment
  • Strong global sourcing background with a minimum of 3 years experience managing global supply chain operations
  • Deep Lean background and broad commodity background required
  • Excellent financial acumen especially as related to sourcing and supply chain
  • Superior process skills (development, analysis, documentation, improvement and management)
  • Exceptional leadership and negotiation skills are required
  • Ability to break down complex problems and develop comprehensive action plans to drive improvements
  • Demonstrated success includes supplier development across regions, responsibility for high-level negotiations, leading/participating on multi-functional projects, and team development
  • Strong academic background supported by a bachelor's degree in business administration, supply chain, engineering, finance or related field, coupled with an MBA (preferred)


Key Competencies
  • Supply Chain Acumen - Establishes 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
  • Problem Solving - Understands customer expectations; keeps abreast of competitor/related industry problems; feeds learning into IR to anticipate and avoid potential problems; oversees team problem solving and corrective action plan implementation.
  • Global Business Thinking/Strategizing - Demonstrates deep global knowledge of suppliers, industry trends, emerging markets and technology, builds this knowledge into strategies/playbooks, develops team's capabilities & talent.
  • Relationship Management - Creates collaborative environment with cross-functional senior peers, assures regular/appropriate two-way communication flow, builds/maintains relationship with industry peers and supplier leaders, and reinforces to the supply base.
  • Project Management - Collaborates with cross-functional leaders to align objectives, manages global project portfolio, oversees overall implementation. Reviews and approves teams' project plans, balances projects between short and long-term focus, secures alignment with cross-functional partners. Manage prioritization of team resources.
  • Communication Skills - Exhibits enthusiasm, influences customers, represents Procurement with BU leadership, presentation and messaging skills (understanding the audience)
  • Change Management - Develops and utilizes change management tools to educate business on key strategies and business objectives to support vision of indirect procurement.


Travel requirements are approximately 30%

Annual Base Salary Range or Hourly Base Pay Range:
$198,993.33 - $268,730.00
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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