Strategic Sourcing Specialist II
Regal RexnordAbout the role
POSITION SUMMARY:
The Strategic Sourcing specialist will oversee strategic sourcing and purchasing efforts, and supplier performance management. It will include working closely with the operations team to ensure timely and successful transitions to production. This role is based at the Micro-Motion manufacturing site in West Chester, PA.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Along with those identified below, other duties may be assigned.
- Responsible for handling the company’s end-to-end sourcing and purchasing operations.
- Appraise and improve our sourcing activities by analyzing the company’s spending, supplying partnerships and new possibilities.
- Analyze part-drawings for mechanical and electrical components and to be able to communicate needs to suppliers.
- Lead all purchasing related activities that support prototype projects, pre-production, and transition to production.
- Select from approved suppliers or identify and develop new supplier options by obtaining detailed knowledge of supplier’s manufacturing processes and inspection methods, to optimize quality, delivery, and cost.
- Support production related sourcing activities including but not limited to problem solving material shortages, supplier performance monitoring, identifying and pursuing cost savings opportunities, and developing advanced sourcing related process and tools.
- Own component sourcing process and timeline until items are internally qualified.
- Generate and implement efficient sourcing and category management strategies.
- Analyze and calculate costs of procurement and suggest methods to decrease expenditures.
- Perform Make vs Buy analysis for new and existing parts.
- Cooperate with stakeholders to guarantee agreement on terms and processes.
- Estimate risks and apply risk minimizing techniques.
- Participate in Continuous Improvement workshops and Kaizen events.
- Identify Wastes throughout the Sourcing and Purchasing processes.
- Benchmark and incorporate best practices.
COMPETENCIES:
- Ability and willingness to lead and work in a matrix organization with direct and indirect reporting relationships.
- Expert in the utilization of MRP systems.
- Extraordinary analytical and data analysis capability.
- Team player.
- Communicate effectively with all functions and site leaders.
- Results-focused and detail-oriented.
- Exceptional problem-solving capability.
- Ability to multi-task in a fast-paced environment.
- Knowledge of various material grades.
- Working knowledge of inspection and measurement tools (CMM, calipers, micrometers, Gages).
- Familiarity with precision manufacturing processes.
EDUCATION AND EXPERIENCE REQUIREMENTS:
- Bachelor’s Degree in Supply Chain, Engineering or equivalent
- 3+ years of experience in Supply chain or Manufacturing environment
- Experience with Lean Manufacturing / Problem Solving / process improvement tools is preferred.
- Experience with Quality Systems and ISO requirements is preferred
- Experience with international suppliers and related compliance and logistics issues is preferred
- Demonstrated proficiency in time and project management.
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 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 Powe
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