Position Summary: Identifies, selects, and manages global supplier relationships for assigned categories to ensure that products and services are delivered to the quality, cost and delivery performance levels required. May ensure all engineering, customer, security and EHS requirements are met. Subject Matter Expert (SME) for assigned categories. Executes sourcing vision and strategy for assigned categories, including BVC objectives and developing team synergy. Collaborates with other internal functions to ensure that we meet customer requirements. Monitors supplier relationships to ensure strategic alignment and sustainability. Ensures standardized processes are followed as required. Responsible for driving material cost downs, supplier terms improvement, Best Value Country (BVC) sourcing, NPD (new product development) launch support, category strategies and annual operations planning for a select group of categories. Manages global supplier relationships to ensure that products and services are delivered to the quality, cost and delivery performance levels required. Reviews RFQ packages and spreadsheet analysis to make recommendations for improvement. Identifies potential suppliers and makes recommendations on supplier selections based on total cost analysis and quality compliance. Performs supplier negotiations and determines most competitive total cost solutions using creativity and latitude. Defines, drives and implements continuous improvement projects to ensure objectives are met. Leads simplification in the overall Supply Chain process. Provides expertise to internal team as well as other internal functions. Major Responsibilities: • Responsible for Sourcing Strategy of direct materials ranging from die casting, bearings, stampings, plastics, resins, and fabrications to name a few; collaborating with Commercial System’s other Sourcing team • Manage & coordinate all sourcing activities together with key stakeholders, having a satisfying performance on quality, delivery, cost performance and sustainability improvements • Meet business objectives, including significant material cost downs, payment terms improvement and Best Value Country vs localization sourcing objectives, make vs buy analysis. • Negotiates with suppliers in order to get the best conditions and find new alternatives of suppliers or materials to support the business in relation to business cycles, customer needs, new products and changing market demands aligned with stakeholders securing production. • Manage all supplier relationships within assigned categories, including globally with BVC suppliers • Supplier Negotiations and contracting with Legal team support (local and international) • Manage individual category/ categories with local plant support. Performs supplier negotiations and determines most competitive total cost solutions. • Support Commercial System’s Director of Global Sourcing and Sourcing Manager, where appropriate/necessary, for career growth Required Education / Experience / Skills: • Bachelor's degree or equivalent related experience. 5 years. • Master’s Degree a distinct positive • Green Belt in Lean Six Sigma or APIC Certification a distinct positive • Proven Negotiation skills • Proven track record obtaining Material Cost Out (MCO) savings • Background and track record of successful Best Value Country (BVC) sourcing • Ability to build relationships, both externally and internally, to deliver successful team objectives • Ability to think and act strategically in support of business and team objectives Travel: • As necessary (estimated at 20% /-) Language: • Bilingual a distinct large plus (Spanish/English) • Chinese a plus but not mandatory 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 About Regal Rexnord Regal Rexnord Corporation (“Regal Rexnord”) is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally. You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used. Regal Rexnord’s business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company’s commitment to sustainability. The company’s industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company’s strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions. Equal Employment Opportunity Statement Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com. Equal Employment Opportunity Posters Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made. At Regal Rexnord, our business purpose is to create a better tomorrow by energy-efficiently converting power into motion. As a leading producer of motors and related components, our essential products help keep systems running in mission-critical applications worldwide — indoor air quality products used in hospitals, homes, and senior living facilities; industrial products that support food and beverage, and pharmaceutical production; and conveying equipment and components that help warehouses function. What To Expect From Us Integrity A zero tolerance policy on unethical behavior. We value integrity most. We are honest, transparent, and trustworthy in all situations. Responsibility We have a responsibility to safety, sustainability, and our community. Diversity, Engagement & Inclusion We strongly believe that the more diverse minds focused on our purpose, the better the outcomes will be. We create an environment where all of associates can bring their best to Regal, develop and grow professionally, and work as one team to drive success for our customers, associates, and shareholders. Customer Success Our customer is our main priority. We must understand their needs and develop products, solutions and services that solve their challenges. Innovation with Purpose Through innovation we develop products and solutions that solve our customer's problems. We innovate to develop products that are valued by our customer and bring profitable growth for Regal. Continuous Improvement Our responsibility is to make tomorrow better than today. This means a focus on making the work easier, more productive, and more efficient. Performance We have a responsibility to all three of our primary stakeholders (customers, associates and shareholders) to drive profitable revenue growth. Passion to Win Passion is the fuel that inspires and drives our associates to achieve top performance. It helps us to overcome any obstacles in achieving our goals. ….with a Sense of Urgency Everything we do at Regal, we do with a sense of urgency. Not finding the right fit? Let us know you're interested in a future opportunity by clicking Get Started below or create an account by clicking 'Sign In' at the top of the page to set up email alerts as new job postings become available that meet your interest!