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.
Job Summary:
Trane Technologies is hiring a Category Manager directly managing 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.
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:
- Manage components within the Electrical Components category.
- Identify, engage and align with internal stakeholders to capture category requirements and ensure supplier qualification and quality;
- 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 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 category to meet program Quality/Cost/Delivery targets.
- Scribe for all quarterly reviews and key supplier meetings, while ensuring 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
What you will bring:
- 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 are required.
- Ability to travel as needed
- Experience or background in procuring or applying wire harness or electric components preferred
Compensation:
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.
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