Senior Manager, Sourcing

Reynolds Consumer Products; Lake Forest (IL); On-site; USD 128,000 - 185,000; Full time

Job summary

Reynolds Consumer Products in Lake Forest, IL, is seeking a Senior Manager, Sourcing to lead strategic capital procurement across the organization. You will develop sourcing strategies, manage supplier relationships, and ensure cost-effective project execution for capital equipment and large-scale programs.

The role partners with Engineering, Operations, Finance, and Executives to deliver high-quality investments, drive TCO improvements, and maintain regulatory and safety compliance in a dynamic

Qualifications

• 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.
• Master’s degree (MBA, Engineering Management, or related) a plus.
• Professional certifications (CPSM, PMP, or similar).
• Proven experience negotiating complex contracts with equipment OEMs, engineering firms, and construction partners.
• Strong financial acumen, including cost modeling, TCO analysis, and ROI understanding.
• Experience in manufacturing, consumer packaged goods (CPG), industrial operations, or energy.
• Knowledge of global supply markets and emerging capital technologies.

Responsibilities

• Develop and execute a multi-year capital procurement strategy aligned with corporate growth, operational efficiency, and sustainability goals.
• 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 capital projects.
• Drive total cost of ownership (TCO) analysis, cost modeling, and value-engineering initiatives to optimize project budgets.
• Ensure all procurements meet regulatory, safety, and quality requirements.
• 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.
• Collaborate with Engineering, Operations, Finance and Legal on contract terms and capex governance.
• Align with Procurement Operations team to ensure supplier terms and conditions are implemented to company’s policies.
• Engage senior leadership with clear communication on project timelines, risks, and procurement strategies.

Skills

Strategic sourcing

Negotiation

Cross-functional leadership

Financial acumen

Project management

Procurement strategy

Supplier management

Education

Bachelor’s degree in Supply Chain, Engineering, Business, Finance, or related discipline

Master’s degree (MBA, Engineering Management, or related)

Professional certifications (CPSM, PMP, or similar)

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 ourCorporate 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.

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 $185,150.00 /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.