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Materials Manager

4 months ago

Columbia City, United States Regal Rexnord Full time

The Materials Manager is responsible for executing purchasing and inventory management activities for the entire $40M+ in spend for the Business Unit, with a focus on best practice processes and achieving an optimal supply chain relative to metrics of Quality, Cost, and Delivery as determined by the Business Unit.Essential Duties and Responsibilities
Develop strategic plan to achieve supply chain objectives, to include identifying and implementing spend strategies for the entire BU - $40M+ in spend
Responsible for supporting new product development and the ECN process as it pertains to purchasing
Responsible to maintain and development a material cost savings funnel in line with the BU objectives. Responsible for driving identified and approved projects to completion
Conduct market analysis, internal demand analysis, supplier selection, and negotiation of price, terms and conditions to maximize contribution to operating profit and business objectives
Manage sourcing projects and assume responsibility for Total Cost of Ownership (TCO)
Develop and maintain supplier relationships and drive supplier performance and effectiveness. Complete supplier analysis to select the best suppliers and guarantee an optimal supply chain, conduct annual supplier evaluation, and execute formal supplier development plans when applicable
Manage supplier performance through supplier scorecards.
Measure weekly, quarterly and annual materials goals that support the business unit objectives
Utilize value stream mapping and other ABS (lean) tools to streamline processes and minimize inventory
Promote continuous improvement efforts for designated business unit(s) for the materials function
Participates in the S&OP process
Assist in product life cycle analysis process for the Mobile Power Value Stream
Oversee Purchasing Team which includes shipping and receiving (7 total - 2 being direct reports).
Maintain an assertive follow-up system to ensure schedule compliance.
Interface with Management, Supervision, Customer Service, Quality, Finance, Engineering and Operations.
Evaluates and suggests Make/Buy decisions
Negotiate MRO contracts and other major capital purchases.
May participate in company-wide global projects on an as needed basis.

Education/Experience:
Bachelor's degree in materials management, Business, Finance, Engineering, or related field, required
Minimum 3 years of experience in a Material Manager role, required
Experience of Kanban process, preferred
Experience in managing suppliers of large tonnage stampings, copper/aluminum wire, & ball bearings, preferred
Ownership of inventory management utilizing a Kan Ban system
Strong negotiation skills, including a sound understanding of commercial, regulatory, and intellectual property elements of a contract
Strong knowledge of strategic sourcing methodology and its application
Strong problem-solving, critical thinking, and analytical skills, including a demonstrated ability to synthesize, interpret, and communicate market and competitive data
Ability to effectively present information and respond to questions from groups of employees and managers, customers, and suppliers
Ability to manage contracts, identify elements of risk when developing complex agreements and make recommendations to guide the Legal review process
This position may require occasional travel, 15%. The employee must be able to fly or drive out of town to attend meetings with members of other company facilities or customers and suppliers or to attend training.

Physical Demands and Work Environment: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision and peripheral vision.The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. While performing the duties of this Job, the employee is exposed to moving mechanical parts. The noise level in the work environment is usually#LI-PF2Benefits
Medical, Dental, Vision and Prescription Drug Coverage
Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
Paid Time Off and Holidays
401k Retirement Plan with Matching Employer Contributions
Life and Accidental Death & Dismemberment (AD&D) Insurance
Paid Leaves
Tuition Assistance

About Regal RexnordRegal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory automation to precision tools used in surgical applications. The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com. Equal Employment Opportunity StatementRegal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you'd like to view a copy of the company's affirmative action plan or policy statement, please email [email protected]. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail [email protected].Equal Employment Opportunity PostersNotification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.