Buyer/Planner III

Position Summary

The Regal Rexnord Couplings team seeks an experienced Buyer Planner who is looking for a challenge, and who wants to make an impact in a fast-paced, performance driven environment. The position's scope and primary responsibility is to execute purchase orders and projects to implement strategic sourcing and cost reduction initiatives, optimize inventory, and support day-to-day production and OTD requirements.

Responsibilities

• Executes activities related to the management purchase orders from the intent to purchase through delivery of product, including reconciliation of Purchase Orders, Receipts, and Invoices.
• Expedite and defer goods and services as required. Works directly with suppliers to ensure prompt and accurate delivery of goods. Works with buyer/planners or other stakeholders to expedite material and update the ERP system to reflect accurate delivery dates.
• Identify and execute inventory optimization initiatives and ensure appropriate levels and accuracy of inventory planning. This includes review and calculation of forecasts, safety stocks, Kanban quantities, order quantities, etc.
• Create and manage RFQ and RFP including scope of work. Review bid proposals, quotes and make recommendations based on results of quoting analysis
• Maintain required records such as quotes and price lists, blanket order files, supplier correspondence, and supplier performance data
• Review and execute engineering notifications and drawing changes. Interact with cross functional teams, supplier quality, materials management, engineering, accounting/finance and operations.
• Responsible for supplier relationship management. Works with suppliers to establish performance goals with respect to continuity of supply, continuous improvement of cost, quality, and delivery. Monitor supplier's performance to agreed upon service level and OTD objectives.
• Work with the appropriate commodity manager to utilize strategic sourcing processes to select suppliers based on the best combination of cost, capability, quality, reliability, delivery. Works with cross-functional teams to execute changes to supply base with minimal disruption to operations.
• Proactively seek cost reduction opportunities with supplier base.
• Responsible for timely reporting of agreed upon KPI's, Action Plans, and cost reduction results. Manage assigned Action Plans utilizing lean manufacturing principles.
• Visit facilities as a team member to conduct supplier assessments with respect to business practices, quality of operations, opportunities for continuous improvement.
• Identify and resolve problems in a timely manner. Gather and analyze information and propose alternative solutions. Key contributor in group problem solving situations.
• Performs all other duties as assigned.

Experience and Skill Required

• A college degree (prefer degrees in Supply Chain Management, Operations, or Engineering) or equivalent experience
• Minimum 5 years of relevant experience in a purchasing or supply chain position preferably within a discrete manufacturing environment
• Willingness and ability to travel 5-10% of the time.
• Previous experience required with and working knowledge of using/reading engineering drawings and specifications.

Experience and Skills Desired

• Experience with lean manufacturing tools preferred
• Must have worked with Oracle or other ERP system.
• Proficiency with Microsoft Office applications, including advanced skills with Excel and Microsoft Project.
• Previous experience with assigned commodities is a plus, and setting up contracts with suppliers.
• Ability to manage conflict, solicit feedback to improve service, respond to requests for assistance, and meet commitments.
• Extremely strong aptitude for analytics pertaining to purchasing, supply chain, and overall business activity.
• Effective written, verbal and interpersonal communication skills are necessary.
• Strong Microsoft Excel experience with charts, graphing, macros, pivot tables, and v-lookups.
• Candidate will need to possess strong organizational, analytical and motivational skills along with an ability to thrive in a fast-paced, metrics-driven, performance-based environment with stretch goals.

• 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

Regal 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 controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

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.

Regal 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 Recruiting@RegalRexnord.com. 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 Recruiting@RegalRexnord.com.

Equal Employment Opportunity Posters

Notification 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.