Procurement Program Manager
Farrar Corp
Procurement Program ManagerBe a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet first. For us at Trane Technologies, and through our businesses including Trane® and Thermo King, sustainability is not just how we do business—it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world.Learn about our benefits designed for you to Thrive at work and at home.We boldly go.Where is the work:Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.Job Summary:The Procurement Program Manager's primary role is to manage, coordinate and transform suppliers to meet company goals in regard to quality, delivery and cost associated with Applied air and water-cooled chiller New Product Development (NPD) and Engineer to Order (ETO) projects. The Procurement Program manager is responsible for overseeing procurement deliverables associated with assigned projects.Responsibilities:Responsible for procurement goals and metrics including, risk mitigation, supplier quality, on time delivery, and addressing any gaps in achieving project targets.Support New Product Development phase/gate activities via communicating and documenting sourcing requirements including supplier selection, supply chain resiliency plans, cost considerations, supply agreements, tooling expenditures and lead-time, etc.Function as the lead procurement representative on the core, cross-functional project team and ensure alignment of commodity strategies with Business Unit, Engineering platforms and Product Management plans and requirements.Identify component, supplier, and category risks. Collaboratively develop and implement sourcing countermeasures and mitigation plans.Strong influencing and negotiating skills across the organization. Ability to lead, develop, and motivate suppliers and cross-functional teams.Manage the procurement capital and expense budget associated with the projects.Facilitate early supplier selection and estimate purchased part component prototype and production pricing along with qualification timelines.Work to align strategies between category management, project team, and strategic business unit goals.Evaluate Trane Technologies' business needs against supplier capabilities in order to select preferred suppliers who meet quality, cost, and delivery requirements; leverage commercial knowledge to navigate supplier relationships and sourcing deliverables.Identify and eliminate sourcing roadblocks and escalate issues as appropriate.Define dual sourcing and/or qualification plans.Support engineering validation builds and prototype sourcing activities.Work with category managers to ensure supply agreements are in place to support new business awards.Identify and document productivity opportunities.What you will bring:Bachelor's Degree required; Master's degree in supply chain management or engineering is preferred.Minimum 5+ years of previous work experience in a diversified industrial company in the areas of procurement, engineering, project management, quality, finance and/or operations.Strong understanding of the procurement processes at an operational and leadership level.Strong sourcing experience in a wide variety of procurement categories. HVACR sourcing, product, and application knowledge is a plus.Ability to understand and communicate technical information including component drawings, engineering standards, specifications, and part qualification plans.Experience with New Product Development Process.Demonstrated ability to multi-task, work independently, and think out of the box. Possesses skills to plan proactively, anticipate issues, and have excellent problem-resolution records with little or no input or assistance.Excellent written and oral communication skills. Strong influencing and negotiating skills across organization. Possess strong interpersonal skills. Ability to lead, develop and motivate project teams.Experience in supplier development, category management, materials, design engineering, project management, or supplier quality.Must be an analytical thinker and have demonstrated experience driving strategies and mitigation plans.Ability to travel independently up to 20%Annual Base Salary Range or Hourly Base Pay Range:$75,700.00 - $135,834.99Compensation Type:SalaryIncentive Eligible:YesSales Commission Eligible:NoDisclaimer: We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience, travel requirements, and union designation. Our compensation range is generally based on the national average for the country. Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.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.Paid time off includes up to 15 vacation days, paid holidays, sick leave, and additional options to support volunteer and parental leave.401K match up, educational and training opportunities through company programs along with tuition assistance and student debt support.Disclaimer: Benefit offerings may vary by site as well as Collective Bargaining Agreements and local/state regulationsSafety Sensitive Role:NoThe company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.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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