Senior Buyer - NPD

Regal Rexnord Corp. Marengo , IL 60152

Posted 2 months ago

Job Summary:

Support New Product Development (NPD) with supplier selection and development. Properly manage suppliers on boarding to ensure quality and cost savings as well as include rationalization of the supply base and establishment of goals for cost, quality, delivery, and inventory. This position has a major impact on the company's ability to successfully launch new products on time and within budget, as well as meet quality, cost, and delivery objectives. Customer satisfaction, ability to secure future programs, and overall reputation is greatly affected by their performance.

What you will do:

  • Implement FPQP (First Part Qualification) process to drive 90% First Pass Yield on First Articles (FAI)

  • Responsible for supplier selection on new product and supplier performance management

  • Manage Tollgate workbook and Wrike schedule for all supply Chain functions

  • Manage all quoting activities and conduct bidding events where appropriate

  • Identify, lead, and implement NPD sourcing process improvements both internally and at suppliers

  • Establishes procurement standards and policies for new products, as well as manage key vendor relationships

  • Liaise with the corporate Regal Rexnord strategic sourcing group for supplier selection for components

  • Develop and implement sourcing strategies for supplier base for prototypes and process development

  • Contract management and supplier performance reviews for new vendors and vendors key to new product launches

What you will need:

  • College degree plus five [5] years relevant experience in Supply Chain Management with emphasis in procurement/purchasing

  • Demonstrated experience negotiating with and developing suppliers

  • High sense of urgency, highly driven to win and break through barriers

  • Highly organized and able to handle multiple projects

  • Strong problem-solving skills

  • Experience with Lean Manufacturing and application to Supply Chain Management

  • Excellent Project Management Skills

  • Strong with Microsoft Excel, Word & Powerpoint

  • Knowledge of Oracle ERP systems

  • Demonstrated ability to establish and maintain good working relationships

  • Willingness to travel to other sites to support NPD launches

  • Fluent in English - Good verbal and written communications skills

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 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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Senior Buyer - NPD

Regal Rexnord Corp.