Scope of Role
The Buyer Planner 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.
Essential Duties and 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 the vendor selection, material flow, and inventory management.Generate daily, weekly, and monthly reports as required.Critical Competencies
This position is subject to policies and procedures set forth by the State Department and applicants who do not meet such requirements will not be eligible for the position.
Knowledge of manufacturing standards and practices, along with Kanban and pull systems desired.Intermediate to advanced level proficiency MS Office software applications (Word, Excel, PowerPoint). SAP knowledge and experience is strongly preferred.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 develops 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 correspondences. Able to effectively present information and respond to questions from groups of employees and managers, customers, and suppliers.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.Demonstrated continuous improvement mindset and an advocate for change. Exposure to lean manufacturing principles is a plus.Demonstrated flexibility and willingness to adapt to internal processes and change, delays or unexpected events. Ability to respond to adversity or restrictions of the organization with resilience and tenacity.Strong work ethic, including the ability to be self-directed and self-motivated. Demonstrated professionalism, passion, and initiative with projects and tasks.Demonstrated ability to maintain confidentiality and handle proprietary and sensitive information with integrity.Willing and able to work extended hours, including overtime and weekends as requiredWilling and able to occasionally travel domestically up to 10% to customer, supplier, and/or other Altra sites, including attendance at off-site meetings, events and professional development conferences or seminars.
Education and Experience Requirements
PHYSICAL DEMANDS:
Potential physical demands include but are not limited to: frequent sitting and occasional bending and stooping. Potential sensory demands include but are not limited to: hearing and seeing. Lifting and/or maneuvering of up to 30 pounds without assistance, or heavier loads with the assistance of a lifting device in order to set up test equipment. Must be able to work in a typical manufacturing facility and travel domestically outside facilities which could entail walking, climbing and moving around working equipment.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
WORK ENVIRONMENT:
Majority of time is spent in a general office environment, but regular time will also be spent in a manufacturing production environment where personal protective safety equipment must be worn and proper safety precautions must be observed.
BenefitsMedical, Dental, Vision and Prescription Drug CoverageSpending accounts (HSA, Health Care FSA and Dependent Care FSA)Paid Time Off and Holidays401k Retirement Plan with Matching Employer ContributionsLife and Accidental Death & Dismemberment (AD&D) InsurancePaid LeavesTuition AssistanceAbout Regal Rexnord
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.