Category Manager – Electric Components
At Trane TechnologiesTM and through our businesses including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.
This position is eligible for a Hybrid work schedule and will be based out of our Davidson, NC location.
Trane Technologies is hiring a Category Manager to directly manage the Electric Component category. This is a critical role on our Procurement team, with a large, complex scope of responsibilities within the assigned category. We are looking for a Subject Matter Expert (SME) to own the space, strategy, supply base, and performance, and stay current on market trends and conditions in this category.
Responsibilities:
• Manage components within the Electric Component category
• Identify, engage and align with internal stakeholders to capture category requirements and ensure supplier qualification and quality;
o Partner with business unit Procurement teams to efficiently transition suppliers as needed; Support region/sector New Product Development (NPD) Procurement teams through preferred supplier programs.
• Responsible for developing and executing detailed category strategy, expanding the Preferred Supplier Program, and segmentation based on the business needs and effective procurement principles.
• Assess opportunity for commodity including spend segmentation, commodity maturity, cost drivers, and supply market analysis
• Negotiations: Manage contract lifecycle and compliance, ensure supply continuity, and deliver the best total value through RFx activities in order to execute supplier selection and negotiation.
• Risk Management: Actively monitor and mitigate supplier risk including financial, capacity, quality, and compliance.
• Cost Management: Responsible for delivering category productivity through price, value analysis (VA), or continuous improvement projects.
• Supplier Management: Oversee Supplier Relationship Management (SRM) and regular supplier reviews for all strategic suppliers within the category to meet program Quality/Cost/Delivery targets.
• Scribe for all quarterly reviews and key supplier meetings, while ensuring the creation of supplier profiles for all SRM suppliers
• Develop sourcing strategy for commodity detailing projects, sourcing levers, timing, resources, and expected benefits
• Responsible for commodity continuity of supply - engage with plants to efficiently resolve escalated issues and formally manage and secure supplier capacity
Qualifications:
• Bachelor’s Degree
• 5+ years of procurement/sourcing experience with large-scale, complex, and/or regional/global categories of spend.
• Demonstrated success in assessing, negotiating, and managing vendors.
• Collaborative, facilitation, consultation, and conflict resolution skills; you will be a trusted business partner and engage both internal and external stakeholders/customers, and we are seeking the ability to collaborate and influence within a highly matrixed environment.
• Professional communication; both verbal and written is required.
• Ability to travel as needed
Preferred Qualifications:
• Experience or background in procuring or applying Electric components
What’s in it for you:
- Benefits kick in day one!
- 6% 401K match, plus an additional 2% of eligible pay in core contributions
- 3 weeks of vacation per calendar year, plus paid holidays
- Benefits*: https://www.tranetechnologies.com/en/index/careers/benefits.html
Salary: $92,000-$130,000 base salary. Total compensation will include an incentive.
Disclaimer: This "range" could be a result of seniority, merit, geographic location where the work is performed, education, experience, travel requirements for the job, or because of a system the employer uses to measure earnings by quantity or quality of production (so, for example, positions that may not have traditional salary ranges).
We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.
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