SCOPE OF LEADERSHIP ROLE
Position Summary: Identifies, selects, and manages global supplier relationships for assigned commodities to ensure that products and services are delivered to the quality, cost and delivery performance levels required. May ensure all engineering, customer, security and EHS requirements are met. Subject Matter Expert (SME) for assigned commodities. May provide hiring, promotion and disciplinary action recommendations, as well as performance evaluation and feedback to direct reports.
Executes sourcing vision and strategy for assigned commodities, including BVC objectives and developing team synergy. Collaborates with other internal functions to ensure that we meet customer requirements. Monitors supplier relationships to ensure strategic alignment and sustainability. Ensures standardized processes are followed as required.
Responsible for driving material cost downs, supplier terms improvement, Best Value Country (BVC) sourcing, commodity strategies and annual operations planning for a select group of commodities. Manages global supplier relationships, including castings and machined parts, to ensure that products and services are delivered to the quality, cost and delivery performance levels required.
Reviews RFQ packages and spreadsheet analysis to make recommendations for improvement. Identifies potential suppliers and makes recommendations on supplier selections based on total cost analysis and quality compliance. Performs supplier negotiations and determines most competitive total cost solutions using creativity and latitude.
Defines, drives and implements continuous improvement projects to ensure objectives are met. Leads simplification in the overall Supply Chain process. Provides expertise to internal team as well as other internal functions.
KEY RESPONSIBILITIES
· Ensure the supply of merchandise by avoiding stock outages, achieving gradual reductions in costs year after year and minimizing the risks of purchasing operations
· Supplier Negotiations and contracting
· Hiring, promotions, evaluations and disciplinary feedback and recommendations
· Manage individual commodity/commodities.
· Performs supplier negotiations and determines most competitive total cost solutions.
· Supervise the acquisition of materials and supplies necessary for effective operation.
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
Travel:
· As necessary (estimated at 20%+/-)
Language:
· English
· Spanish ( fluency ) 85 %
Required Education / Experience / Skills:
· Bachelor's degree or equivalent related experience. 5+ years.
· Master’s Degree a distinct positive ( plus )
· Green Belt in Lean Six Sigma within 3 years
· APICS certification (plus)
· Proven Negotiation skills
· Proven track record obtaining Material Cost Out (MCO) savings
· Background and track record of successful Best Value Country (BVC) sourcing
· Ability to build relationships, both externally and internally, to deliver successful team objectives
· Ability to think and act strategically in support of business and team objectives
POSITION SCORECARD
Outcomes Rating Comments
Reduce inventory on hand by generating projects based on Purchasing team actions with suppliers / sustain inventory accuracy by completing Cycle counts program
reduce LT coverage rpt against PDR was created in order to cover whatever demand fluctuation could jump in at any time, and be able to support customer’s needs.
Validate SKU's on FG in order to schedule to production and create Raw Items strategy for material availability
Sustain inventory levels for A customers at external warehouse also reducing LT
Provide forecast to our suppliers in order to give them right visibility for a long period of time for their own raw material planning, and have them capable to support any demand increase
- If candidate has a 90% or better chance to achieve the outcome(s) identified rate the candidate an A for each applicable outcome
- If candidate has less than a 90% chance to achieve the outcome(s) identified rate the candidate a B or C for each applicable competency
Key Experiences & Regal Values Rating Comments
Analytical/Strategic Thinking Skills
Teamwork and people management, Building strong team
Communication and change management
Decision making skills
Action Oriented/Drive for Results,
Future Orientation/Visionary Outlook
Integrity
Responsibility
Diversity, Commitment & Inclusion
Customer Success
Innovation with Purpose
Continuous Improvement
Performance
Passion to Win
……Sense of Urgency
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.