What are the responsibilities and job description for the Buyer/Planner III position at Regal Rexnord?
Regal Rexnord Corporation (“Regal Rexnord”) is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. With the announcement of the acquisition of Altra Industrial Motion, a ~$2B global business with 9,000 associates, focused on Power Transmission and Factory Automation products, Regal Rexnord will become a $7.3B company with 36,000 associates globally.
You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.
Regal Rexnord’s business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company’s commitment to sustainability. The company’s industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company’s strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.
Key Responsibilities
Analyzes MRP/APS and planning of direct and indirect material planning for new products. Supports more technical, complex, or medium/high spend commodities.
Essential Responsibilities
- May coach/manage less experienced Commodity Planners. Collaborates with the appropriate functions within the areas of responsibility to support manufacturing, Production Sales Inventory (PSI), Supply Chain performance and objectives
- Leads and drives special projects
- Maintains and trouble shoots Ultriva/Oracle system integration issues. Engages IT systems support as needed
- Supports new product introductions by securing material for pilot runs and making necessary system parameter adjustments as needed
- Leads and drives variable cost productivity efforts related to assigned commodity/products
- Analyzes MRP system and determines orders to be placed according to schedule and ensures material availability to meet production schedule
- Manages inventory levels to ensure inventory goals are met
- Develops strategies to increase inventory turns and align according to production rate
- Identifies, engages, and drives resolution with internal functions as needed to meet customer/supplier expectations with Sourcing and Logistics support
- May support Commodity Planner I to effectively handle issues that are elevated and communicates with Materials Manager when needed
- Investigates potential for delays and/or quality issues, identifies alternative (approved) plans and elevates when any sourced item will not arrive on time to support the schedule
- Develops and maintains strong supplier relationships to ensure timely delivery of materials. Initiates and lead monthly pulse calls with VMI suppliers to ensure adequate product availability
- Owns system set up for responsible parts
- Other duties as assigned by management
Minimum Requirements
- Bachelor’s degree in related field
- 3 or more years of experience in similar role and in a manufacturing setting
- Ability to communicate data analysis trends and findings both verbally and in written format
- Project management
- Proven ability to work in a fast-paced environment
- Ability to work independently and on team
- Experience in Oracle and or Ultriva a plus
- Expert level in MS Excel
- Experience with MS PowerPoint
- Experience with MS Access helpful
- Ability and willingness to obtain Green Belt and APICS (CPIM, CIRM) within 3 years
- APICS (CPIM, CIRM) certification preferred
PHYSICAL DEMAND AND WORK ENVIRONMENT
- Physical Demands: Potential physical demands include, but are not limited to: frequent walking, standing, twisting, carrying and handling; regular bending, stooping and kneeling; regular lifting up to 50 lbs.; occasional climbing, pushing and pulling. Potential sensory demands include but are not limited to: hearing and seeing. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Work Environment: Majority of time is spent in a manufacturing production environment with some (but not all) climate-controlled areas. Personal protective safety equipment must be worn, and proper safety precautions must be observed. Potential exposure may include, but is not limited to: solvents, dusts, noise, heat, outside weather conditions, cramped spaces, and building construction areas.
Benefits
- 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 Rexnord
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
.
Equal Employment Opportunity Statement
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.
