Immediately Require Category Manager III, Electrical Components REMOTE in Grafton, WI

Job title: Category Manager III, Electrical Components REMOTE
Company: Regal Rexnord
Job description: Day to day role will be REMOTE, however, we are looking for someone to be within driving distance to one of our four sites in: Grafton, WI ? Rosemont, IL ? Tipp City, OH ? El Paso, TX

***Relocation assistance available if open to relocating***

Position Summary:

Identifies, selects, and manages global supplier relationships for electrical components 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. Act as Subject Matter Expert (SME) for Electrical Components category.

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 Electronic Sourcing Strategy of direct materials ranging from switches, terminals, capacitors, magnets, EMS suppliers, and capacitors to name a few; collaborating with the mechanical part of the Sourcing team
• Create, conduct and implement RFQ / RFP Packages within specific electronic categories (i.e. connectors, terminals, capacitors, etc.).
• Ensure material cost outs are captured and reported monthly via BOM costing model.
• Stay up-to-date with the latest industry trends, advancements, and best practices in electronics manufacturing, ensuring our category management strategies align with market demands
• Work closely with the Product Development team to assess and select the most suitable electronic components for new product designs, balancing cost, quality, and performance considerations
• 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 experience as a Category Manager or in a similar role, with a focus on electronics components.
• Strong knowledge of electronics manufacturing processes, including PCB assembly, SMT, and electronic component manufacturing.
• Strong supplier relationship management, developing a competent network of capable electronic suppliers that align with market conditions.
• 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 or Chinese/English) 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. With the announcement of the acquisition of Altra Industrial Motion, a ~$2B global business with 9,000 associates, focused on Power Transmission and Factory Automation products, Regal Rexnord will become a $7.3B 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.

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.
Expected salary:
Location: Grafton, WI

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