Regal Rexnord

Materials Manager I

Regal Rexnord$130K — $150K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Supply Chain Management, Business, Finance, Engineering, or related field, or equivalent experience required.
  • Minimum 5 years of experience in a Material Manager/Supervisor role required.
  • Experience in Production Planning within a plant environment preferred.
  • Familiarity with the Kanban process preferred.
  • Experience managing suppliers of raw steel, castings, and ball bearings preferred.

Responsibilities

  • Develop a strategic plan to meet supply chain goals and identify spend strategies.
  • Support new product development related to purchasing and production planning.
  • Maintain a material cost savings funnel aligned with company objectives.
  • Drive projects to completion as identified and approved.
  • Manage supplier performance using scorecards in collaboration with Supplier Quality Engineers.

Benefits

  • Medical, Dental, Vision and Prescription Drug Coverage
  • Flexible Spending Accounts (HSA, Health Care FSA, 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
Full Job Description
Work Model: This is a fully onsite role, with work performed at your designated Regal Rexnord office.

SUMMARY

The Materials Manager is responsible for executing purchasing, production planning, and inventory management activities for the entire site, with a focus on best practice processes and achieving an optimal supply chain relative to metrics of Quality, Cost, and Delivery as determined by the Operating Company.

KEY RESPONSIBILITIES:

  • Develop strategic plan to achieve supply chain objectives, to include identifying and implementing spend strategies for the site.
  • Responsible for supporting new product development as it pertains to purchasing and production planning.
  • Responsible to maintain and develop a material cost savings funnel in line with the Operating Company objectives.
  • Responsible for driving identified and approved projects to completion.
  • Manage sourcing projects.
  • Manage supplier performance through supplier scorecards working with Supplier Quality Engineer.
  • Measure monthly and annual materials goals that support the site objectives.
  • Utilize value stream mapping and other lean tools to streamline processes and minimize inventory.
  • Participates in the SIOP process.
  • Assist in product life cycle analysis process for the Kanban/ERP and own all direct material Kanban implementation and management.
  • Maintain an assertive follow-up system to ensure plant production schedule compliance.
  • Understand impacts to MRP & ERP with any future system changes.
  • Interface with Management, Supervision, Customer Service, Quality, Finance, Engineering and Operations.
  • Evaluates and suggests Make/Buy decisions.
  • Negotiate MRO/Indirect material contracts and other major capital purchases.
  • Work directly with Operating Company Sourcing group on project implementation.
  • May participate in RRX -wide global projects on an as needed basis.


Key Competencies:

  • Ownership of inventory management utilizing a Kanban system
  • Strong negotiation skills, including a sound understanding of commercial, regulatory, and intellectual property elements of a contract
  • Strong knowledge of strategic sourcing methodology and its application
  • Strong problem-solving, critical thinking, and analytical skills
  • Ability to effectively present information and respond to questions from groups of employees and managers, customers, and suppliers
  • Ability to partner with shop floor Supervision to execute continuous improvement


PROFESSIONAL EXPERIENCE/QUALIFICATIONS:
  • Bachelor's degree in Supply Chain Management, Business, Finance, Engineering, or related field, or commensurate experience, required
  • Experience in Production Planning within a plant environment, preferred
  • Minimum 5 years of experience in a Material Manager/Supervisor role, required
  • Experience of Kanban process, preferred
  • Experience in managing suppliers of raw steel, castings, and ball bearings, preferred


PHYSICAL DEMAND AND WORK ENVIRONMENT

Physical Demands - while performing the duties in this job, the employee is regularly required to use hands; reach with hands and arms; and talk and hear. The employee is frequently required to stand, walk, and sit.

Work Environment - the noise level in the work environment is usually moderate.

Expected Base Salary Range [$130,000 - $150,000 USD]

The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors.

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
Net Income
$146.7 million
Founded
2006
5 Year Trend
-5.7%
Revenue
$1.9 billion
NASDAQ

Similar Jobs

More Jobs at Regal Rexnord

More Manufacturing & Automotive Jobs

  • Director of Sales
    Confidential Company
    Waterloo, IA 50701 (Black Hawk County)
  • Vice President of Sales
    Confidential Company
    Conway, SC 29526 (Horry County)
  • General Manager
    $150K — $170K *
    Partners Alliance
    Poca, WV 25159 (Putnam County)
  • Director of Engineering
    $150K — $250K + profit-sharing, excellent benefits, vacation, and much more *
    Buyers Products
    Mentor, OH 44060 (Lake County)
  • Graham Packaging
    Plant Manager
    $90K — $110K *
    Graham Packaging
    Tolleson, AZ 85353 (Maricopa County)

Find similar Materials Manager I jobs: