What are the responsibilities and job description for the Strategic Sourcing Specialist II position at Regal Rexnord?
POSITION SUMMARY:
The Strategic Sourcing specialist will oversee strategic sourcing and purchasing efforts, and supplier performance management. It will include working closely with the operations team to ensure timely and successful transitions to production. This role is based at the Micro-Motion manufacturing site in West Chester, PA.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Along with those identified below, other duties may be assigned.
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
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, pregnancy, age, ancestry, national origin, genetic information, 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 for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. 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 Recruiting@RegalRexnord.com.
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.
The Strategic Sourcing specialist will oversee strategic sourcing and purchasing efforts, and supplier performance management. It will include working closely with the operations team to ensure timely and successful transitions to production. This role is based at the Micro-Motion manufacturing site in West Chester, PA.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Along with those identified below, other duties may be assigned.
- Responsible for handling the company’s end-to-end sourcing and purchasing operations.
- Appraise and improve our sourcing activities by analyzing the company’s spending, supplying partnerships and new possibilities.
- Analyze part-drawings for mechanical and electrical components and to be able to communicate needs to suppliers.
- Lead all purchasing related activities that support prototype projects, pre-production, and transition to production.
- Select from approved suppliers or identify and develop new supplier options by obtaining detailed knowledge of supplier’s manufacturing processes and inspection methods, to optimize quality, delivery, and cost.
- Support production related sourcing activities including but not limited to problem solving material shortages, supplier performance monitoring, identifying and pursuing cost savings opportunities, and developing advanced sourcing related process and tools.
- Own component sourcing process and timeline until items are internally qualified.
- Generate and implement efficient sourcing and category management strategies.
- Analyze and calculate costs of procurement and suggest methods to decrease expenditures.
- Perform Make vs Buy analysis for new and existing parts.
- Cooperate with stakeholders to guarantee agreement on terms and processes.
- Estimate risks and apply risk minimizing techniques.
- Participate in Continuous Improvement workshops and Kaizen events.
- Identify Wastes throughout the Sourcing and Purchasing processes.
- Benchmark and incorporate best practices.
- Ability and willingness to lead and work in a matrix organization with direct and indirect reporting relationships.
- Expert in the utilization of MRP systems.
- Extraordinary analytical and data analysis capability.
- Team player.
- Communicate effectively with all functions and site leaders.
- Results-focused and detail-oriented.
- Exceptional problem-solving capability.
- Ability to multi-task in a fast-paced environment.
- Knowledge of various material grades.
- Working knowledge of inspection and measurement tools (CMM, calipers, micrometers, Gages).
- Familiarity with precision manufacturing processes.
- Bachelor’s Degree in Supply Chain, Engineering or equivalent
- 3 years of experience in Supply chain or Manufacturing environment
- Experience with Lean Manufacturing / Problem Solving / process improvement tools is preferred.
- Experience with Quality Systems and ISO requirements is preferred
- Experience with international suppliers and related compliance and logistics issues is preferred
- Demonstrated proficiency in time and project management.
- 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
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
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, pregnancy, age, ancestry, national origin, genetic information, 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 for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. 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 Recruiting@RegalRexnord.com.
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.