Raw Material Planner at Regal Beloit in Florence, Kentucky

Job Description:

Regal Beloit Corporation (RBC) is a publicly held leading manufacturer of electric motors and controls, power generation products and power transmission products serving customers throughout the world. Our mission: We create a better tomorrow by developing and responsibly producing energy-efficient products and systems!

At the end of fiscal 2019, Regal generated about $3.3B in revenue and employed approximately 21,000 employees worldwide. Primary countries include: US, Mexico, China and India. Regal provides products and solutions directly to OEMs, distributors, and end-users. Regal Beloit Corporation is a Wisconsin corporation with common stock listed on The New York Stock Exchange beginning in 1976. Regal's common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Regal was founded in 1955 and is headquartered in Beloit, WI. Regal's new executive satellite office is located in Rosemont, IL.

Power Transmission Solution (PTS): With over $800 Million in annual revenues, PTS is one of four segments of Regal Beloit Corporation. PTS is a leading producer of mechanical power transmission components, drives, gearing, bearings, conveying components and belt drives. Our brands include Browning®, Jaure®, Kop-Flex®, McGill®, Morse®, Rollway®, Sealmaster® and System Plast®. The high performance products from PTS can be found in a wide array of industrial and commercial machinery across food & beverage, HVAC, bulk material handling, unit material handling, wood processing, power generation, steel and agriculture industries. Headquartered in Florence, Kentucky with facilities located in the US, Mexico, Canada, Europe, and China.

Regal 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 is committed to a diverse and inclusive workforce.

Position Summary: The purpose of the Raw Material Planner is to purchase, monitor, and maintain materials to meet manufacturing needs.

Major Responsibilities:

• Order raw materials domestic and international.
• Monitor stock levels to meet required goals;
• Communicate changes (new and existing materials);
• Work with suppliers in correcting raw material quality and delivery problems;
• Work with suppliers to reduce in-house inventory levels by administering inventory programs to reduce cost; consignment, supplier or internal warehousing, etc.;
• Procurement of assigned MRO items.
• Expedite required materials to support ongoing production.
• Participates in Internal and External audits;
• Process Spot Buy, Purchase orders, as per the purchase requisition procedure.
• Maintain files at site for all supplier agreements;
• Administer and send out supplier ratings quarterly;
• Support central and corporate purchasing;
• Support internal departments; Engineering;
• Participate on cost savings teams, analyzes data for improvements;
• Support and Back up Commodity Specialist;
• Enter and update material pricing;
• Identify and coordinate efforts of vendors critical to support of the product line ensuring the fulfillment of cost and delivery commitments.
  
  


• Advise Sourcing, Accounting, and Material department on cost variations;
  
  


• Other duties as assigned.
  
  

Required Education / Experience / Skills:

• High School Diploma Required, Bachelor's degree preferred or equivalent work experience.
  
  


• Computer knowledge, basic PC software, data systems, Oracle or other ERP systems.
  
  


• Prior Raw Material Planning Experience;
  
  


• Basic understanding of manufacturing process;
  
  


• Strong written and verbal communications skills;
  
  


• Two or more years in a manufacturing environment;
  
  


• Advanced team skills;
  
  


• Understanding of suppliers' capabilities of meeting company delivery dates;
  
  


• General understanding ISO policies;
  
  


• Strong organization skills;
  
  


• Procurement/purchasing experience. Vendor performance experience preferred.
  
  


• Proficient use of computers and Microsoft Office.
  
  


• Excellent verbal and written communication skills.
  
  

Travel: 5 - 10% mostly to vendor sites.

Language: English