Senior Manager, Sourcing Reynolds Consumer Products

• 2.9 Lake Forest, IL Job Details $127,700
• $185,150 a year 17 hours ago Qualifications Quality control corrective actions Vendor relationship building Financial forecasting Supplier performance analysis Communication with suppliers Master's degree in business administration Managerial strategic planning Strategic management Master's degree in business Contract law compliance support experience Managing complex infrastructure projects Supplier corrective action implementation Bachelor's degree in finance Construction contract negotiation Regulatory compliance Procurement financial analysis Bachelor's degree in business Legal risk management Cost reduction in category management Contract performance monitoring Purchase order management Contract management experience in manufacturing ROI Finance 8 years Analysis skills Bidding project phase Developing strategic sourcing strategies Bachelor's degree in engineering Engineering project budget management

Full Job Description Overview:

Join Reynolds Consumer Products…and Drive Your Career across a world of opportunities! We currently have an opportunity for a Senior Manager, Sourcing at our Corporate Headquarters in Lake Forest , IL .

Responsibilities:

The Senior Manager, Sourcing leads the strategic sourcing and procurement of capital equipment, major engineering services, and large-scale capital projects across the organization. This role is responsible for developing sourcing strategies, managing supplier relationships, ensuring cost-effective project execution, and partnering closely with Engineering, Operations, Finance, and Executive Leadership to deliver reliable, high-quality capital investments. You Will Have the Opportunity to Make Great Things Happen! Strategic Leadership & Governance Develop and execute a multi-year capital procurement strategy aligned with corporate growth, operational efficiency, and sustainability goals. Establish governance frameworks, procurement policies, and sourcing standards for capital projects. Lead capital spend planning, forecasting, and annual budgeting from a procurement perspective. Partner with Engineering, Operations, and Finance to prioritize projects and ensure alignment with business needs. Capital Project Sourcing Oversee end-to-end sourcing for capital equipment, construction, major upgrades, and facility expansions. Develop sourcing strategies, RFPs, bid evaluations, commercial models, and negotiation playbooks for smaller to multimillion-dollar capital projects. Drive total cost of ownership (TCO) analysis, cost modeling, and value-engineering initiatives to optimize project budgets. Work with engineering team members to do "should cost" modeling to get to the right cost for the capital projects. Ensure all procurements meet regulatory, safety, and quality requirements. Supplier Management Build and manage long-term strategic supplier partnerships across equipment manufacturers, engineering firms, contractors, and OEMs. Oversee supplier qualification, performance monitoring, and corrective action processes. Negotiate complex commercial agreements, service contracts, warranties, and performance guarantees. Lead risk mitigation efforts, including supply continuity, financial stability assessments, and contract compliance. Cross-Functional Collaboration Collaborate with Engineering on equipment specifications, lifecycle considerations, and technology selections. Partner with Project Managers to ensure on-time equipment delivery, installation, and commissioning. Align with MRO Sourcing Manager to achieve best TCO for spare parts. Align with Service Sourcing Manager to achieve best TCO for service from OEMs. Align with Finance and Legal on contract terms, capex governance, and audit compliance. Align with Procurement Operations team to ensure supplier terms and conditions are implemented to company's policies. Team with Procurement Analysts to develop sourcing cycle and implement wins from the RFPs. Team with Procurement Coordinators on implementing the T&C from established contract with Suppliers while transacting Purchase Orders and Invoices. Engage senior leadership with clear communication on project timelines, risks, and procurement strategies. Team Leadership Contribute towards strengthening organizational capability in capital sourcing, negotiation, and supplier management and cross functional engagement. Live a culture of continuous improvement, collaboration, and accountability. You Will Love It Here If… You listen, learn, and evolve You thrive in a fast-paced environment You put safety first, always You are passionate about collaboration, teamwork, and achieving shared goals You believe in treating all people with respect, operating ethically, and growing a diverse, equitable, and inclusive workplace You are committed to improving our impact on local communities and creating positive experiences

Qualifications:

Education/Experience Required Bachelor's degree in Supply Chain, Engineering, Business, Finance, or related discipline. 8+ years of procurement or strategic sourcing experience, with significant experience managing large capital projects. Preferred Master's degree (MBA, Engineering Management, or related) a plus. Professional certifications (CPSM, PMP, or similar). Knowledge/Skills/Abilities Proven experience negotiating complex contracts with equipment OEMs, engineering firms, and construction partners. Strong financial acumen, including cost modeling, TCO analysis, and ROI understanding. Expertise in project management, risk mitigation, and cross-functional leadership. Experience in manufacturing, consumer packaged goods (CPG), industrial operations, or energy. Knowledge of global supply markets and emerging capital technologies. Competencies Strategic Mindset

• Anticipates future opportunities and risks and connects procurement strategies to broader business priorities. Persuades
• Uses compelling arguments to gain the support and commitment of others. Builds Networks
• Effectively builds formal and informal relationship networks inside and outside the organization. Plans and Aligns
• Plans and prioritizes work to meet commitments aligned with organizational goals. Financial Acumen
• Understands and applies financial concepts and information to make sound business decisions. Communicates Effectively
• Delivers clear, concise information on procurement strategies, project timelines, risks, and business implications.

Want to know more? Check out our website or connect with us on LinkedIn! Apply today to join a fast-growing innovative company! Not a good fit but know someone who is? Please refer them! No unsolicited recruiter or agency inquiries, please. RCP affords equal employment opportunities to applicants without regard to race, color, religion, age, disability status, sex, marital status, protected veteran status, pregnancy, national origin, genetics, genetic information, parental status, or any other characteristic protected by federal, state or local law. RCP conforms to the spirit as well as to the letter of all applicable laws and regulations.

Posted Salary Range:

USD $127,700.00

• USD $185,150.

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A Bonus Eligibility:

Role is eligible for 18% annual incentive provided the business meets financial goals and the individual meets their performance goals, subject to plan administration guidelines.