Regal Rexnord

Buyer/Planner III

Regal Rexnord • $75K — $95K *
Charlotte, NC 28269In-Person
Manufacturing & Automotive
5 - 7 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain Management, Business, Finance, or Engineering required.
  • 5+ years of relevant purchasing experience; planning and assembly operations experience preferred.
  • Manufacturing ERP experience required.
  • Recognized certification in Supply Chain or Purchasing preferred.
  • Strong knowledge of manufacturing standards, Kanban, and pull systems preferred.

Responsibilities

  • Develop and execute purchase orders based on supplier choice, price, and delivery terms.
  • Manage purchase order life cycle with assigned vendors.
  • Maintain accurate reorder points and lot sizes for components.
  • Negotiate pricing and execute purchase orders and supplier agreements.
  • Respond to expedite requests from customers and quote lead times.

Benefits

  • Medical, Dental, Vision, and Prescription Drug Coverage.
  • Spending accounts (HSA, Health Care FSA, Dependent Care FSA).
  • Paid Time Off and Holidays.
  • 401k Retirement Plan with Matching Employer Contributions.
  • Tuition Assistance.
Full Job Description
Work Model: This is a fully onsite role, with work performed at your designated Regal Rexnord office.

Position Overview

The Buyer/Planner III is responsible for the execution of purchased and manufactured planning activities for designated product line(s) with a focus on optimizing material flow. The position is also responsible for maintaining effective relationships with business unit leadership and sourcing management to ensure all tactical sourcing activities support the organization's business needs, strategic goals and financial plan.

Key Responsibilities

  • Develop plans and execute purchase orders based on tactical parameters (supplier choice, price, delivery terms).
  • Manage purchase order life cycle (creation, maintenance, follow through) with assigned vendors.
  • Maintain accurate and up-to-date reorder points and lot sizes for manufactured and purchased components.
  • Negotiate pricing and execute purchase orders and agreements with suppliers to support business objectives.
  • Place orders from approved suppliers to include verifying pricing, quantities needed, product availability, required delivery dates and best shipment methods.
  • Respond to expedite requests from internal and external customers. Quote lead times on products to customer service.
  • Provide machining and assembly schedules to the production team daily. Work with department supervisor to schedule overtime for the production team as necessary to meet customer needs.
  • Review sales order backlog regularly and take action to reduce past due orders. Work with external vendors and internal departments to expedite components.
  • Follow strategic sourcing strategies and supplier selections. Alert strategic sourcing if suppliers do not respect commitments and risk delaying the production schedule after having investigated all potential solutions with the Value Stream Manager.
  • Manage incoming material flow to ensure inventory is maintained to the optimum level per established parameters. Provide strategic sourcing with proposals to improve the material flow from the supplier to the value stream.
  • Understand and evaluate supplier processes, capacities and overall business capabilities to identify and implement areas for improvement in cost, quantity, delivery, quality, and inventory turns.
  • Monitor order status in relation to production needs to verify materials are received on time.
  • Utilize warehouse and inventory control policies and procedures to assure proper inventory levels.
  • Investigate inventory discrepancies and determine root causes.
  • Support the implementation of standard processes for vendor selection, material flow, and inventory management.
  • Generate daily, weekly, and monthly reports as required.


Required skills and qualifications

  • Bachelor's degree is required, preferably in Supply Chain Management, Business, Finance or Engineering
  • A minimum of 5 years of relevant purchasing experience required, planning and assembly operations experience preferred.
  • Prior manufacturing ERP experience required.


Preferred skills and qualifications

The successful candidate will have proven experience...
  • Recognized certification in Supply Chain or Purchasing is preferred.
  • SAP knowledge and experience are strongly preferred.
  • Knowledge of manufacturing standards and practices, along with Kanban and pull systems is preferred.
  • Highly productive with a strong sense of urgency and orientation to details, accuracy, and excellent outcomes. Results-oriented with a demonstrated ability to effectively manage time and multiple priorities.
  • Strong problem-solving, critical thinking, and analytical skills, including the ability to gather and organize relevant information, and identify underlying issues or problems, trends, and cause-effect relationships.
  • Excellent interpersonal skills that foster teamwork and collaboration and develop high quality working relationships in order to influence, gain support, and achieve results.
  • Strong verbal and written communication skills, including the ability to effectively develop and write routine reports, process instructions and business correspondence. Able to effectively present information and respond to questions from groups of employees and managers, customers, and suppliers.


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

All 29k+ associates at Regal Rexnord have a shared purpose: Create a better tomorrow by energy-efficiently converting power into motion. We are a leading, global manufacturer of airflow, motion control, power transmission, and power generation solutions used in commercial, industrial and residential settings. 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 conveyor systems that keep e-commerce flowing. Regal Rexnord is comprised of four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems and Industrial Systems. Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales, and service facilities worldwide.
Learn more about Regal Rexnord
Size
6,570 employees
Market Cap
$7.7 billion
Industry
Energy & Utilities
Net Income
$146.7 million
Founded
2006
5 Year Trend
-5.7%
Revenue
$1.9 billion
NASDAQ
RXN
* Ladders Estimates

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