Strategic Sourcing Buyer

Work Model: This is a fully onsite role, with work performed at your designated Regal Rexnord office. ____________________ The Strategic Sourcing Buyer is responsible for developing and executing sourcing strategies that support business growth, supply continuity, supplier diversification, and cost competitiveness. This role focuses on long-term procurement initiatives including supplier development, contract negotiations, new supplier onboarding, risk mitigation, and new product sourcing. The position partners closely with Operations, Engineering, and Corporate Sourcing to build a scalable and resilient supply base while operational buyers manage day-to-day purchasing activities. Key Responsibilities Develop and execute sourcing strategies aligned with business growth, new site expansion, and operational requirements. Identify, evaluate, and onboard new suppliers to support capacity, cost, quality, and delivery objectives. Lead RFQ, RFP, and supplier selection activities, including commercial negotiations and contract development. Implement dual-source and supplier risk mitigation strategies to improve supply chain resilience. Support new product introductions and Engineer-to-Order projects through strategic supplier engagement. Negotiate long-term supply agreements and strategic partnerships. Drive cost reduction and value engineering initiatives through supplier collaboration and market analysis. Coordinate sourcing activities with Corporate Sourcing to leverage enterprise agreements and supplier strategies. Monitor supplier market trends, capabilities, and risks to proactively support business objectives. Minimum Qualifications Bachelor’s degree in Supply Chain Management, Business Administration, Operations Management, or a related field. Minimum of four (4) years of experience in procurement, strategic sourcing, supply chain, or purchasing roles. Demonstrated experience managing supplier relationships, sourcing components, materials, or services, and supporting cost, quality, and delivery objectives. Strong analytical, negotiation, and problem-solving skills. Proficiency with Microsoft Excel and business systems used for procurement and supply chain management. Preferred Qualifications One (1) or more years of experience leading sourcing initiatives, supplier negotiations, cost-reduction projects, or supplier development programs. Experience working in a manufacturing environment, preferably supporting electrical, industrial, or engineered products. ERP/MRP system experience, with SAP preferred. Familiarity with supplier performance management, contract negotiations, RFQ/RFP processes, and total cost of ownership methodologies. Experience working cross-functionally with Engineering, Operations, Quality, and Finance teams. Success Measures Cost savings and cost avoidance Supplier risk reduction New supplier qualification and onboarding Dual-source implementation Contract coverage and compliance New product sourcing readiness Supplier performance improvements 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 is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgica…

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