Commodity Planner II at Regal Beloit in New Berlin, Wisconsin

Job Description:

Regal Rexnord Corporation (RRX) is approximately a $5B publicly traded global manufacturer of electric motors and controls, electrical components and power transmission products 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. The company has approximately 29,000 global associates with significant operations in the US, Mexico, Europe, China, and India. Regal Rexnord Corporation is the result of a merger between Regal Beloit Corporation and Rexnord's PMC business which was completed in 2021. The headquarters for Regal Rexnord is located in Beloit, WI with an executive satellite office in Rosemont, IL.You may not know it, but Regal Rexnord impacts your life every day. Our 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.Our business purpose is to create a better tomorrow by energy-efficiently converting power into motion. For us, this means creating innovative solutions while focused on both customer needs and our commitment to sustainability. Join our team to create your better tomorrow.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 is committed to a diverse and inclusive workforce Position Summary

The Commodity Planner II is assigned commodities, services and other spend categories which include items of high technical content and which may be sophisticated in nature. Integrates cross-functionally to assure continuity of supply of required production materials and services in supports of 95% customer On-Time-Delivery; also focuses heavily on identification and execution of purchased cost savings for assigned commodities and services.

Responsibilities

• Review purchase requirements with internal customer(s) to develop business need(s): purchase order entry, component and/or service expedites, issue resolution and follow up
• Use SAP ERP system and reports to generate purchase orders and other data
• Supplier and part number ERP/MRP system maintenance and management
• Participate and/or lead development of replenishment strategies to ensure uninterrupted supply to meet customer requirements
• Assist with analyzing material requirements to ensure alignment of Kanban levels and business goals such as customer service, availability and inventory turns
• Obtain and review supplier quotations and make recommendations
• Assist with negotiating contracts with suppliers along with drafting contract terms and conditions to meet business needs
• Coordinate with Accounts Payable to ensure timely payment of invoices and/or receipt of credits
• Resolve discrepancies with, but not limited to, invoices and material receipts
• Direct supplier relationships and performance management to include regular supplier performance reviews and development of improvement plans
• Can think outside of the box to help come up with solutions to material shortages
• Both lead and support resolution of non-conforming component issues with suppliers
• Establish and support total cost reduction programs for both direct and indirect materials
• Review with suppliers engineering notifications as well as detailed engineering prints/drawings covering areas of responsibility
• Proactively review trends in the global supply chain to help understand reactions that need to take place in the procurement of materials
• Utilize RBS (Rexnord Business System) tools to continuously improve and optimize the supply chain as a whole
• Host meetings as appropriate with vendors, maintaining open communication regarding lead times, quality standards, service levels and product availability
• Manages purchase orders by completing order acknowledgements, processing quantity, price and lead time changes, and managing item attributes
• Responsible for planning and scheduling production for assigned products
• Promotes good vendor relations
• Process, schedule, and coordinate assigned requests for the materials department
• Maintain planning parameters in SAP, such as work order dates and exceptions
• Other duties as assigned

Experience and Skill Required

• Must be authorized to work in the United States
• Bachelor's degree in related field required
• 2-3 years of experience in a purchasing function with in a manufacturing environment required

• Strong communication skills, both oral and written, and the ability to communicate with all levels of a corporation
• Strong understanding of the various lean principles and continuous improvement
• Strong negotiation skills
• A strategic focus on what is important to the Company and his/her role in accomplishing this task
• Strong analytical skills
• SAP experience required
• High degree of creativity, flexibility, and resourcefulness in the pursuit of cost improvements
• Experience sourcing commodities a plus
• Product knowledge preferred, castings, metal stampings, basic metal machining, metal processing, etc.
• Working knowledge of engineering prints/drawings and specifications; basic ability to read a blueprint product prints/drawings
• Experience working both as a team and also independently in a metric driven environment utilizing lean manufacturing principles to drive continuous improvement
• Proficient in Microsoft Office applications, especially as it pertains to Microsoft Excel

The above is intended to describe the general content of and requirements for the performance of the job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.

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