Major responsibilities of a Buyer/Planner II are the overall SIOP of assigned business, management and tracking of inventory / supply levels of the assigned product class to support customer demand thru close coordination with the BBR Supervisor and Category Manager, review and release MRP signals, execution of Purchase Orders, manage supplier delivery and communication, maintain the target inventory levels as specified by the KPI’s. Maintain data integrity of all systems required to manage the assigned product line. Buyer/Planner II also support Category Manager and Supply Chain activities and projects that drives improvements.
Handles inventory and supply with high spend commodities to support more complex product class but still have direct impact to customer satisfaction and Company cash flow thru inventory DIO.
Has a strong analytical skill and utilizes different planning reports to determine risk in supply availability, inventory Level, Inventory Aging and Past due reduction. Serves a backup for Buyer/Planner I and II. Works with Buy Branded Material Supervisor and Category Manager by recommending solutions and resolution of conflicts in current and future planning periods. Subject Matter Expert (SME) on Buying/Planning functions in Oracle/SAP.
A Buyer/Planner III can manage non routine and complex problems, communicate information and work under minimum supervision. Also supports other core supply chain transactions related to supplier management and inventory management.
Required Education / Experience / Skills:
Education: 4-year degree related to supply chain, logistics, business, engineering or manufacturing
Experience: At least 3 years’ experience related in supply chain like purchasing and/or supply planning
Working knowledge of SAP and ORACLE database level systems, as well as knowledgeable in use of electronic collaboration tools
Good analytical skills
Team player and can lead Projects
Above average verbal and written communication skills
Ability to adopt and analyze processes, enact change, think operationally and strategically to achieve business goals
Intermediate knowledge in Excel and Power Point skills, Access PC skills
Ability to function well in a rapid paced, multi-task environment
Major Responsibilities:
In conjunction with SIOP goals and directives, do monthly shipment and inventory planning.
Develop and execute supply chain improvement projects supporting sustainable stock availability and reducing excess inventory.
Do daily projection of results and identify risk/gap in achieving goals and target for the month in terms of Shipments, Past Due Backlogs and Inventory and report during scheduled team meeting.
Do inventory excess and obsolete scrubbing and produce action to reduce and avoid further buildup.
Monitor Finished Goods inventory and supply levels, assuring that requirements for the assigned product class are filled in a timely and cost-effective manner and that stocking levels (DSA) are maintained within established guidelines to full support customer requirements and Company goals.
Develop and execute action plans utilizing the system according to standard operating procedure, including purchase order management & execution coupled with coordinating with both internal and external parties, and resolving supply constraints which would impact Total Customer Satisfaction, Supply Availability and Inventory Objective.
Review Open Purchase Orders and Backlogs daily to execute expediting and schedule push outs of excess supply to suppliers as required, and update of system dock dates.
Manage supplier performance specifically related to on-time delivery, quantity and cost thru focus supplier communication. Escalate issues to immediate superior as needed.
Deep working knowledge on different product class to ensure robustness of supply plan.
Compile, Analyze and present data-driven information to monitor and control performance, including but not limited to inventory opportunities, planning parameters and action item commitment.
Collaborates with different Business functions for any issues affecting materials availability and ensuring that material plan are align with Sales and Demand Plan.
Do system part maintenance and new part set-up.
Manage assigned parts in sales force to support customer requirements.
Project Management Lead - BBR Buyer/ Planner Oracle and or SAP Integration
Able to support BBR Global projects assigned by Material Supervisor and category Manager such as but not limited to:
E-Sourcing activity
Pricing Analysis/ Savings
Supplier Improvement Drives
Leads and collaborates with the BBR and different cross functional team regarding the following activity in supporting the business on its tactical and strategic business plans.
“Just Do it”
Improvement/ Savings Projects
Kaizen Activity
Perform other task and ad hoc requested by BBR Supervisor and Category Manager and support Company Activities.
Travel: As needed
Language: English
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.
Buyer/ Planner II