Strategic Sourcing Specialist

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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.

• 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.

• 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

• 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

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 surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

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, pregnancy, age, ancestry, national origin, genetic information, 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 for protected veterans/individuals with disabilities or policy statement, please email [email protected]. 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 [email protected].

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.