Procurement Analyst

At Trane Technologies^TM  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.

What's in it for you:

Trane Technologies is hiring a Category Excellence Analyst within Direct Procurement. This position will support sourcing strategy development activities across multiple direct categories, driving cross-functional collaboration and building organizational capabilities around sourcing analytics and strategy development. 

Thrive at work and at home:

• Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE! 
• Family building benefits include fertility coverage and adoption/surrogacy assistance. 
• 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.  
• Paid time off, including in support of volunteer and parental leave needs.    
• Educational and training opportunities through company programs along with tuition assistance and student debt support.  
• Learn more about our benefits here!

Where is the work:

Due to the nature of this role, this position has been designated as a Hybrid work schedule, with work performed onsite 3 days each week. 

What you will do: 

• Support  category team members to develop and execute comprehensive category strategies that exceed both short-term and long-term objectives
• Collaborate with Category Management, SBU Procurement, and Engineering teams to build category fact bases through price regression and should cost analysis, identify category optimization opportunities, develop TCO models and sourcing strategies 
• Support the execution of sourcing projects including RFx, continuous improvement, consolidation, etc.
• Support category teams pricing updates, MIR analytics, taxonomy cleanup
• Support MDI process for multiple teams including Category Excellence and direct procurement categories
• Work with Category Managers to define negotiation strategy including supplier profiles, commercial negotiation targets, defining switching costs, and building (TCO) Total Cost of Ownership 
• Utilize sourcing tools & analytics to identify category opportunities around risk mitigation, pricing, source change, and VA/VE to be incorporated into category strategies. 
• Drive utilization of standard work including project tracking, documentation, and reporting. Actively engage with team members to eliminate roadblocks and escalate issues appropriately.

Qualifications:

• Bachelor’s Degree in Business, Supply Chain, Operations, Engineering, or a related field
• Project Management experience preferred.
• 3 to 5 years experience in Supply Chain, Procurement, Operations
• Demonstrated experience leading large, complex cross-functional projects within matrixed organizations
• Demonstrated experience coordinating, and facilitating discussions, consultation, and conflict resolution skills with the ability to drive program-specific issues and goals to closure.
• Experience in supplier development, materials management, and/or plant operations a plus. 
• Must be a strategic thinker and have demonstrated experience driving initiatives
• Excellent written and oral communication skills. Strong influencing and negotiating skills across the organization. Possess strong interpersonal skills. Ability to lead, develop, and motivate staff; foster team dynamic.
• Ability to travel up to 10%

Key Competencies:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Supply Chain Acumen – Oversees development and execution of GSC strategies/playbooks for assigned components or services, drives utilization of common GSC tools to achieve optimal results that are Quality, Delivery, Price, and Service balanced and corporate/governmental compliant.
• Project Management – Reviews and approves teams’ project plans, oversees project execution, balances projects between short and long-term focus, and secures alignment with cross-functional partners.  Manage prioritization of team resources.
• Global Business Thinking/Strategizing – Demonstrates deep global knowledge of suppliers, industry trends, emerging markets, and technology, builds this knowledge into GSC strategies/playbooks, and develops teams’ capabilities & talent.
• Problem-Solving – Identifies/anticipates potential problems, supports root cause analysis, evaluates the robustness of corrective action plan, and oversees plan implementation.
• Relationship Management – Creates a collaborative environment with cross-functional partners, assures regular/appropriate two-way communication flow, and builds/maintains relationships with industry peers and suppliers.

Compensation: 

Base Pay Range:  $59,950 - $78,550

Disclaimer: This base pay range is based on US national averages. Actual base pay could be a result of seniority, merit, geographic location where the work is performed. 

Equal Employment Opportunity: 

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.