Commodity Planner II

Federal Signal Corporation Streator , IL 61364

Posted 2 weeks ago

Commodity Planner II

Company Vactor Manufacturing

Location US - Illinois

  • Streator

Department Purchasing

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Company: Vactor Manufacturing

Location: US - Illinois

  • Streator

Essential Job Duties and Responsibilities

  • Procure specific commodities with an emphasis on material availability, quality improvement, on time delivery, inventory reduction, lead time reduction, and customer focus.

  • Develop the most suitable procurement and replenishment arrangements for commodities, including blanket orders, spot purchase orders, supplier stocking arrangements, P-Card utilization, and pull system implementations.

  • Execute releases against blanket purchase orders to ensure a steady flow of material.

  • Manage the MRP reports to ensure the prompt delivery rescheduling due to change in requirements.

  • Resolve differences in counts comparing material received vs. material ordered.

  • Close purchase orders out of the system and work with accounting staff to reconcile debit memos.Also resolve discrepancies between PO price and Invoice price.

  • Coordinate returns of rejected material.

  • Actively participate in Lean Enterprise and Lean Supply Chain initiatives, Strategic Supplier Alliances, and Pull System Projects.

  • Keep inventory investment and inventory losses at a practical minimum.

  • Assist the Supply Base Management group in the Supplier Performance Evaluation process.

  • Resolve purchase order acknowledgement discrepancies with suppliers.

  • Perform other duties as assigned by the Parts and Inventory Manager.

Position Requirements

  • 5-10 years purchasing or inventory planning experience in a mfg environment.

  • High school diploma required; Bachelor's degree preferred.

  • Thorough knowledge of purchasing/inventory control procedures and internal controls.

  • Ability to represent the Company effectively and professionally in dealing with suppliers.

  • Strong analytical, communication, planning, follow-through, and accuracy skills required.

  • Knowledge of ISO standards required.

  • MS Office/Outlook required; JD Edwards experience preferred.

Benefits of Employment

In addition to excellent career growth opportunities, Federal Signal Corporation offers a wide array of benefits including: annual bonus potential, insurance (life, medical, dental, vision), paid holidays, paid vacation, 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free, drug-free workplace.

About Us

Federal Signal Corporation (NYSE: FSS) provides products and services to protect people and our plant. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Oak Brook, IL, with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit :

The Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of, and will receive consideration for employment without regard to, race, religion, national origin, gender, age, disability, genetic information, status as a protected veteran, or any other protected category, characteristic, or trait under applicable law.

Vactor Mfg. Inc. is a leading manufacturer of municipal combination catch basin/sewer cleaning vacuum trucks and industrial vacuum loaders that clean up industrial waste or recover and recycle valuable raw materials. Vactor is located in Streator, IL and is a subsidiary of Federal Signal Corporation.

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