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Materials Manager
Regal Rexnord
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About this role
The Materials Manager is responsible for executing purchasing, production planning, and inventory management activities for the entire site, with a focus on best practice processes and achieving an optimal supply chain relative to metrics of Quality, Cost, and Delivery as determined by the Operating Company.
Key Responsibilities:
• Develop strategic plan to achieve supply chain objectives, to include identifying and implementing spend strategies for the site.
• Responsible for supporting new product development and the ECN process as it pertains to purchasing and production planning.
• Responsible to maintain and development a material cost savings funnel in line with the Operating Company objectives. Responsible for driving identified and approved projects to completion.
• Manage sourcing projects and assume responsibility for Total Cost of Ownership (TCO).
• Manage supplier performance through supplier scorecards working with Supplier Quality Engineer.
• Measure monthly and annual materials goals that support the site objectives.
• Utilize value stream mapping and other lean tools to streamline processes and minimize inventory.
• Participates in the S&OP process.
• Assist in product life cycle analysis process for the Kanban/ERP and own all direct material Kanban implementation and management.
• Maintain an assertive follow-up system to ensure plant production schedule compliance.
• Own, teach, and manage the execution of Plan for Every Part (PFEP), Every Part Every Interval (EPEI), Optimizers, and other lean production planning tools.
• Understand impacts to MRP & ERP with any future system changes.
• Interface with Management, Supervision, Customer Service, Quality, Finance, Engineering and Operations.
• Evaluates and suggests Make/Buy decisions.
• Negotiate MRO/Indirect material contracts and other major capital purchases.
• Work directly with Operating Company Sourcing group on project implementation.
• May participate in Altra-wide global projects on an as needed basis.
Critical Competencies: • Ownership of inventory management utilizing a Kanban system
• Strong negotiation skills, including a sound understanding of commercial, regulatory, and intellectual property elements of a contract
• Strong knowledge of strategic sourcing methodology and its application
• Strong problem-solving, critical thinking, and analytical skills
• Ability to effectively present information and respond to questions from groups of employees and managers, customers, and suppliers
• Ability to partner with shop floor Supervision to execute continuous improvement
PROFESSIONAL EXPERIENCE/QUALIFICATIONS:
• Bachelor’s degree in Supply Chain Management, Business, Finance, Engineering, or related field, or commensurate experience, required
• Experience in Production Planning within a plant environment, required
• Minimum 5 years of experience in a Material Manager/Supervisor role, required
• Experience of Kanban process, preferred
• Experience in managing suppliers of raw steel, castings, and ball bearings, preferred
Physical Demand and Work Environment:
Physical Demands – while performing the duties in this job, the employee is regularly required to use hands; reach with hands and arms; and talk and hear. The employee is frequently required to stand, walk, and sit. Work Environment – the noise level in the work environment is usually moderate.
Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a ‘U.S. Person’, which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position.
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
$115,000 - 130,000 USD
The salary range provided is intended to display the value of the company's base pay compensation for all statewide locations across the United States. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, candidate's skill set, level of experience, education and internal peer compensation comparison.
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 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.
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 Employe
Salary insight
The midpoint of this range ($123k) is about 36% above the median disclosed salary for Cleveland roles listed on ForgeApply ($90k across 116 jobs).
Based on live postings with disclosed pay on ForgeApply; refreshed daily. Not an estimate of this employer's offer.
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