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Reynolds Consumer Products · 1 day ago

Senior Manager - Capital Procurement

US-IL-Lake Forest

Full-time

Onsite

Senior Level, Lead/Staff

$150K/yr - $165K/yr

10+ years exp

Reynolds Consumer Products is seeking a Senior Manager - Capital Procurement at their corporate headquarters in Lake Forest, IL. The role involves leading the strategic sourcing and procurement of capital equipment and managing supplier relationships to ensure cost-effective project execution.

Consumer GoodsE-CommerceRetail

Responsibilities

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

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

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 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

Contribute towards strengthening organizational capability in capital sourcing, negotiation, and supplier management and cross functional engagement

Qualification

Strategic sourcingSupplier managementContract negotiationFinancial acumenRisk mitigationProject managementCross-functional leadershipBachelor's degreeMBAMaster's degreeContinuous improvement

Required

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

10+ years of procurement or strategic sourcing experience, with significant experience managing large capital projects

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

Preferred

MBA or Master's degree in related field

Benefits

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.