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Buyer
Regal Rexnord Milwaukee, WI
$67k-84k (estimate)
Full Time 3 Months Ago
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Regal Rexnord is Hiring a Buyer Near Milwaukee, WI

Brief Description

The Regal Rexnord Gear Group seeks an experienced Buyer who is looking for a challenge, and who wants to make an impact in a fast-paced, performance driven environment. The position's scope and primary responsibility is to execute purchase orders and projects to implement strategic sourcing and cost reduction initiatives, optimize inventory, and support day-to-day production and OTD requirements.

Key Accountabilities

  • Executes activities related to the management purchase orders from the intent to purchase through delivery of product, including reconciliation of Purchase Orders, Receipts, and Invoices.

  • Expedite and defer goods and services as required. Works directly with suppliers to ensure prompt and accurate delivery of goods. Works with buyer/planners or other stakeholders to expedite material and update the ERP system to reflect accurate delivery dates.

  • Identify and execute inventory optimization initiatives and ensure appropriate levels and accuracy of inventory planning. This includes review and calculation of forecasts, safety stocks, Kanban quantities, order quantities, etc.

  • Create and manage RFQ and RFP including scope of work. Review bid proposals, quotes and make recommendations based on results of quoting analysis.

  • Maintain required records such as quotes and price lists, blanket order files, supplier correspondence, and supplier performance data.

  • Review and execute engineering notifications and drawing changes. Interact with cross functional teams, supplier quality, materials management, engineering, accounting/finance and operations.

  • Responsible for supplier relationship management. Works with suppliers to establish performance goals with respect to continuity of supply, continuous improvement of cost, quality, and delivery.

  • Monitor supplier's performance to agree upon service level and OTD objectives.

  • Work with the appropriate commodity manager to utilize strategic sourcing processes to select suppliers based on the best combination of cost, capability, quality, reliability, delivery. Works with cross-functional teams to execute changes to supply base with minimal disruption to operations.

  • Proactively seek cost reduction opportunities with supplier base.

  • Responsible for timely reporting of agreed upon KPI's, Action Plans, and cost reduction results.

  • Manage assigned Action Plans utilizing lean manufacturing principles.

  • Visit facilities as a team member to conduct supplier assessments with respect to business practices, quality of operations, opportunities for continuous improvement.

  • Identify and resolve problems in a timely manner.

  • Gather and analyze information and propose alternative solutions.

  • Key contributor in group problem solving situations.

Job Requirements

  • Bachelor's degree required (prefer degrees in Supply Chain Management, Operations, or Engineering).

  • 5 years minimum of relevant experience in a purchasing or supply chain position preferably within a discrete manufacturing environment

  • Experience with lean manufacturing tools preferred

  • Previous experience required with and working knowledge of using/reading engineering drawings and specifications.

  • Must have worked with SAP or another ERP system.

  • Proficiency with Microsoft Office applications, including advanced skills with Excel and Microsoft Project.

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 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. Regal Rexnord is a $7.2B 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.

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 . 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 .

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.

Equal Employment Opportunity Employer: Female/Sexual Orientation/Gender Identity/Minority/Veteran/Disabled

Job Summary

JOB TYPE

Full Time

SALARY

$67k-84k (estimate)

POST DATE

01/06/2024

EXPIRATION DATE

05/27/2024

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