Work Model: You’ll work in a hybrid model, onsite at your designated Regal Rexnord location at least 3 days per week (Monday–Thursday), with flexibility to work remotely up to 2 days, including Friday.
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Position: Senior Sourcing Manager, Mechanical Components
Reports To: VP, Supply Chain Region
Location: Milwaukee, Wisconsin (HQ) - OR - Rosemont, IL
Travel: Up to 20%
Language: English
Target Compensation: $130,000 - $168,000per year
The salary range provided is intended to display the value of the company's base paycompensation for this position. Salary is dependent on a multitude of factors, includingbut not limited to the physical worksite location, the geographic market of that location,candidate's skill set, level of experience, education and internal peer compensationcomparisons among other potential factors.
Position Summary
The Senior Sourcing Manager 6 Mechanical Components leads a team with strategic ownership of global mechanical components, including machined, stamped, and cast categories. This role establishes and drives global category strategy by aligning closely with segment and regional sourcing teams, while partnering with product leadership, operations, and other key stakeholders. Together, these cross-functional teams develop and execute strategies that deliver value, enhance efficiency, and support long-term supply chain resilience and sustainability.
If you bring a blend of technical expertise and strategic sourcing leadership 6and are energized by building world-class supplier partnerships 6this is a unique opportunity to shape a global category and deliver meaningful enterprise impact.
Key Responsibilities
- 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 crossfunctional partners in supply chain, engineering, technical support, and operations.
- Conducts brainstorming and problemsolving sessions at facilities with crossfunctional groups to identify strategic opportunities and prioritize deployment of costsaving 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 costsavings funnels aligned with corporate strategies and financial targets.
- Leads comprehensive spend analysis, developing countermeasures for projects that fall short of plan and making datadriven decisions to resolve issues and ensure teams meet or exceed financial targets.
- Develop and deliver category strategies that advance strategic sourcing initiatives, drive yearoveryear cost savings, and support longterm 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.
Required Skills and Qualifications
- 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 6including milling, turning, grinding, metal forming, and gear cutting 6with 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 lowcost regions and managing global, multiregion partnerships.
- Proven success thriving in changeintensive, highstretch environments.
- Strong costmodeling 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, highvolume, and sometimes contradictory information effectively.
No Sponsorship Available:
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.
#LI-AB1 #LI-Hybrid
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
