Brief Description

This Buyer is assigned commodities, services and other spend categories which include items of high technical content and which may be sophisticated in nature. Integrates cross-functionally to assure continuity of supply of required production materials and services in support of 95% customer On-Time-Delivery; also focuses heavily on identification and execution of purchased cost savings for assigned commodities and services.

Essential Functions

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. Other duties may be assigned.

Key Responsibilities  

Procures manufactured components, raw material and Aerospace hardware items as required through approved supply sources.Drive competitive pricing.Meet On-Time Delivery to internal and external customer requirements.Ensure all engineering and technical criteria negotiated is based on program requirements.Develop blanket and/or long-term agreements.Adherence to purchasing standard operating procedures and policies.Adherence to customer requirements when applicable per contract.Generate purchase orders for all outside processing, ensuring accuracy of delivery dates and pricing.Assists and/or leads in the identification and development of required suppliers.Responsible for OTD of assigned suppliers.Responsible for PPV (cost savings) targets.Maintain an aggressive follow-up system to ensure schedule compliance.Maintains market awareness of changes in prices, trends in supply and demand and report information to purchasing management.Maintains a professional, non-personal, but positive relationship with suppliers.Develops supplier relationships to enable Operations to be aware of supplier capacity and future capabilities.Interfaces with Production, Production Control, Quality Assurance, Finance, Sales, Engineering, Traffic, MIS & Purchasing Management to achieve the smooth flow of goods and services in order to maintain committed schedules to customers.This position will work out of the Downers Grove IL facility.

Job Requirements, Desirable Capabilities, and Success Factors

This position requires the applicant to be a US Person with an US permanent residence. A US Person is a US Citizen or Green card holder.Bachelor’s Degree in Business, Supply Chain, or related field preferred2 plus years of experience purchasing in a manufacturing environment.Flexibility and creativity in developing new methodology and ideas to achieve cost reduction and/or efficiencies in operation preferred.Strong attention to detail, organizational skills and self-motivation to work on multiple projects simultaneously preferred.Proficiency with the use of Excel, Access, Project and MRP/ERP systems preferred.Application of negotiations techniques preferred.Working knowledge reading blueprints, product specifications and routings is a plusMust have excellent 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 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.