Category Manager - Electric Components

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. 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 Haven't done every single thing in the job description? At Trane Technologies, we are just as interested in your capabilities as your prior work experience. So, if you are excited about this role but your past work experience doesn't align perfectly with everything in the job description, we encourage you to apply anyway. You may just be the best person for this role. Compensation: Salary: $95,000- $125,000 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). Our prosperous commission plans grow over time with a successful employee's growing pipeline. Some sales professionals may eventually move to 100% commission. 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. Event-GISC

Created: 2024-10-19