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Purchasing Manager II

Regal Rexnord Corp
medical insurance, dental insurance, life insurance, vision insurance, paid time off, tuition assistance, 401(k), retirement plan
United States, Illinois, Downers Grove
2324 Curtiss Street (Show on map)
Nov 02, 2024

The Company

Regal Rexnord Corporation (NYSE: RRX), is a leading manufacturer of automation solutions, electric motors, electrical motion controls, power generation and mechanical power transmission products serving markets throughout the world. The company is comprised of four business segments: Automation & Motion Control, Industrial Powertrain Solutions, Industrial Systems and Power Efficiency Solutions. Regal Rexnord is headquartered in Rosemont, IL, and has over 220 manufacturing, sales, and service facilities across the globe.

Aerospace Business Units

Regal Rexnord Aerospace Solutions supplies engineered high performance spherical and cylindrical bearings, mechanical seals, gears and electrical components to the commercial air transport, regional aircraft, business aircraft, helicopter and military aircraft markets for use in engine systems, flight control systems, landing gear systems and airframe structures. Our aerospace bearing and seal products consist of rolling element airframe bearings and bearing tooling sold under the Shafer and Tri-Roller brand names, Teflon lined polymeric bearings sold under the Tuflite brand name, slotted entry, split ball and split race bearings sold under the PSI brand name, self-lubricating machinable lined bearings and coatings sold under the Rexlon brand name and mechanical seals sold under the Cartriseal brand name. Gears and electrical components sold under the Micro Precision brand name. Our global customer base includes all major engine and airframe OEMs, as well as major Tier 1, 2 and 3 suppliers to the engine and airframe OEM's and through our FAA approved repair stations we support major MRO and aircraft operators with repair and overhaul capabilities.

Brief Description

Aerospace Solutions, a leading supplier in the Aerospace industry, is seeking a Purchasing Manager for the Downers Grove facility reporting to the Plant Manager. This individual will provide strategic & tactical planning and execution in all purchasing functions, as well as an acting coach/player role with the team. This position is responsible for establishing and maintaining a high-performance team focused on supplier performance through supplier selection, development and strategic initiatives to provide superior service levels at the lowest possible total cost to the organization.

Key Accountabilities

  • Provide direct leadership over a team of buyers who have responsibility for establishing and securing supply for all purchased products and services
  • Perform strategic sourcing, execution, supplier development and audit activities of buyers
  • Continuously improve and build standard work around all purchasing processes and activities
  • Ensure achievement of all key performance metrics in the supply chain: Safety (Environment), Delivery, Quality, Cost, Lead Times Reduction and Optimized Supply Base
  • Establish and maintain supplier OTD metrics
  • Ensure controls in place to meet inventory level targets/goals
  • Establish and maintain status (and funnel) of purchasing projects to reduce cost and improve supplier performance
  • Execute purchasing projects and actions to maximize cost out; while reducing purchase price variance (PPV)
  • Proactively collaborate with Aerospace and Corporate Supply Chain Teams in order to achieve goals and objectives
  • Work with Aerospace Solutions Supply Chain Team to establish, negotiate and develop/maintain long term agreements (LTA's)
  • Maintain supplier reviews of risk, capacity, cost and overall performance are performed in appropriate cadence

Job Requirements

Capabilities and Success Factors

  • Bachelor's degree, preferably in business or technical field
  • 5+ years experience in Purchasing, Materials Management, Supply Chain
  • 3 years of leadership/supervisory experience
  • Ability to support 10% - 15% travel
  • Proficient in Microsoft Word, Excel, and PowerPoint
  • Supply Chain Certification - CPSM /CPM /CPIM /CSCP is a plus
  • Demonstrated supplier management skills
  • Demonstrated negotiation skills
  • Demonstrated team collaboration skills
  • Ability to implement visual controls and understanding of lean manufacturing
  • ERP/MRP and business system expertise
  • Ability to analyze strategic options and impact on the organization
  • Project management and problem solving skills
  • Driven to continuously improve
  • Experience in supplier selection, management and development of suppliers
  • Ability to perform audits and determine corrective actions required by suppliers
  • Experience in contract management, LTA's and negotiations to drive cost and performance improvements
  • Other responsibilities associated with supply chain management

"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".

Rewards

In addition to gaining invaluable experience and having the opportunity to create a legacy, the dynamic leader we seek will be rewarded with:

  • Competitive Base Salary
  • Matching 401(k) contribution

Exceptional Benefits

  • Medical Insurance/Dental Insurance/Vision Insurance
  • Short-Term and Long-Term Disability Insurance
  • Accidental Death and Dismemberment Insurance
  • Life Insurance
  • Flexible Spending Accounts (Medical and Dependent Care) & Health Savings Accounts
  • Critical Illness and Accident Insurance, as well as Life Insurance, and EAP
  • Educational Reimbursement

How to apply

External candidates please apply at www.regalrexnord.comand upload a current resume.

Internal Associates must sign into career site at www.regalrexnord.com, click Login, enter Username and Password then apply and upload a current resume. Regal Rexnord associates must be in good standing for consideration for job openings. This includes satisfactory or above ratings in job performance and no corrective actions, PIP's, disciplinary issues or warnings in the last 12 months.

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Equal Employment Opportunity Employer:

Female/Sexual Orientation/Gender Identity/Minority/Veteran/Disabled

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 is a $6.5B 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, 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 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.

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