About This Role
This fully onsite role involves developing and executing sourcing strategies to support business growth, ensure supply continuity, diversify suppliers, and maintain cost competitiveness. The Strategic Sourcing Buyer focuses on long-term procurement initiatives, including supplier development, contract negotiations, new supplier onboarding, risk mitigation, and new product sourcing. The position collaborates closely with Operations, Engineering, and Corporate Sourcing to build a scalable and resilient supply base.
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
Requirements
- 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
Nice to have:
- 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
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 the Company
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates worldwide, providing sustainable solutions that power, transmit, and control motion. The company's products include electric motors, air moving subsystems, highly engineered power transmission components, and automation offerings like controls, actuators, drives, and precision motors. Regal Rexnord serves end markets such as factory automation, food & beverage, aerospace, medical, data centers, and alternative energy, and operates through three segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. It has offices and manufacturing, sales, and service facilities globally.
