We are seeking an experienced Senior Manager of Direct Material Sourcing to lead our sourcing team and drive strategic initiatives in procuring raw materials and components critical to our production processes. This role requires a deep understanding of supply chain management, vendor relationships, and market trends to ensure the timely and cost-effective procurement of materials.
He/she will be able to perform direct material procurement activities across multiple categories of spend, search for better deals, and find more profitable suppliers in collaboration with strategic sourcing. This role is responsible to Balance Demand and Supply through effective Material Planning, Inventory Management, Direct Material Purchasing and Sourcing to meet on time Delivery of Goods & Services at Economical Cost with best Lead-time as per Internal/External Customer Requirements within Agreed service Levels. This role requires an analytical thinker with strong leadership skills and a deep understanding of supply chain management.
KEY RESPONSIBILITIES
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Demonstrates leadership and creates an inspiring vision of the future in line with Strat plan.
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Coaches and builds a team, so that team is more effective at achieving the deliverables.
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Clearly understand the Procure to Pay process flow and set up requirements to support manufacture of complex, highly engineered products; Continually Improve Purchasing systems and processes to deliver greater efficiency.
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To be able to perform Spend Analysis, Commodity Analysis, Vendor Capacity Analysis, Supply Risk management collaborating with Internal and External Stakeholders.
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Develop strategies to ensure cost savings and supplier performance targets are met - or exceeded.
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Monitor and forecast upcoming levels of demand, forecast price and market trends to identify changes of balance in buyer-supplier power and act on with best Strategies.
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Assess, manage, and mitigate Supply risks.
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Managing Supplier & Service Provider Agreements and Contracts: Draft contract, negotiate with internal, external functional leaders, legal teams, and approving authorities to sign off contracts and renew contracts on time.
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Focus on inventory levels in line with fiscal year budget. Ensure to achieve balance between Demand and Supply keeping inventory targets in focus.
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Support management team with all required data analysis and prepare reports for management presentations, in clear and concise communication methods.
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Managing the Supply Base performance with periodic performance Evaluation, Supplier audits, coordinating with Quality department & Suppliers.
• Comply with Rexnord Purchasing Ethics and Code of Conduct.
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Sourcing Leader with overall responsibility of purchasing of all commodities and components as well as all new developments.
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Monitor Supply chain metrics like DIO, DPO, Inventory turns.
• Timely execution of new projects QUALIFICATIONS AND EXPERIENCE
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Bachelor’s degree in mechanical, Electrical Engineering, Supply Chain Management, Business Administration, or a related field.
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18+ years of experience in direct material sourcing or procurement, with a proven track record in a leadership role.
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Strong negotiation skills and experience managing supplier contracts.
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Excellent analytical and problem-solving skills, with a data-driven approach to decision-making.
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Proficiency in sourcing and procurement software, ERP systems, Oracle, Excel and PPT.
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Exceptional communication and interpersonal skills, with the ability to build relationships at all levels of the organization.
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Knowledge of industry regulations and compliance standards.
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Knowledge of various Quality system methodologies 8D, Lean, 5 Why’s, Pareto Analysis, Six Sigma, PPAP, APQP, Poka-Yoke (Error Proofing), Measurement System Analysis is essential.
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Project Management Certification, Supply Chain Certifications will be a plus.

About Regal Rexnord