Buyer II

Description

General Duty Statement

The Buyer II is responsible for independently managing the procurement of materials and services to support production and customer requirements while optimizing cost, quality, delivery, and inventory levels. This role collaborates closely with internal stakeholders, including Production Scheduling, Engineering, Customer Service, and Product Management, to determine purchasing priorities and ensure continuity of supply. The Buyer II drives continuous improvement through supplier negotiations, inventory reduction initiatives, forecasting, and lean purchasing practices. Operating with minimal supervision, this position also evaluates supplier performance, supports invoice reconciliation, mitigates supply risks, and may provide guidance to Buyer I personnel to ensure alignment with Regal Rexnord’s operational and strategic objectives.

Typical Duties (Examples may not include all duties performed)

Place purchase orders for materials and confirm delivery with suppliers, expedite material as needed. Consults with Production Schedulers, Customer Service, Product Managers, and Engineering to determine parts and service needs and their priorities. Drive inventory reduction and cost savings through lean tools and supplier negotiations. Generate Forecasts, Stocking Agreements and define Min/Max levels with Vendors. Corresponds with suppliers regarding price changes, quality issues, and applications. Prepares RFQs with consideration of customer’s needs and timelines. Reviews and responds to solicitations from potential new suppliers. Assists in identifying vendor performance. Reviews the performance capability of vendors and evaluates goods and services. Participates in negotiating with vendors to obtain goods and services at the best value to Regal Rexnord and our customers. Monitors progress and status of open purchase orders. Provides information, explains rules and procedures to vendors. Receives assistance to resolve complex issues or refers them to higher level employees when necessary. Assist with the Invoice Reconciliation process with Receiving and Accounts Payable to reduce Invoicing Issues with Vendors

Competencies (Not listed in order of importance)

Technical Expertise

• Demonstrates a basic understanding of principles, terms, procedures, and practices of purchasing, including familiarity with cost and quantitative analysis techniques, research principles, data privacy rules, Department policies, and other applicable regulations and laws. Applies these techniques and principles to resolve problems associated with the work.
• Demonstrates an ability to apply best practices and methods in identifying purchasing patterns, researching goods and services, resolving informal protests, assisting in the development of solicitations and specifications with customer input, and preparing RFQs.
• Demonstrates an ability to identify risks and liability implications and refer issues to supervisory personnel.
• Demonstrates an understanding of job required hardware and software and information systems.

Decision Making and Problem Solving

• Demonstrates an ability to gain an understanding of the priorities, goals, and objectives of an assignment.
• Demonstrates an ability to assist in planning and managing basic projects and coordinating multiple assignments.
• Demonstrates an ability to monitor workflow, gather and interpret information, and resolve routine challenges of assignments. Identifies and uses appropriate materials, methods, and resources necessary to complete assignments.
• Demonstrates an ability to prioritize own work and meet deadlines. Takes responsibility for one's work assignments by anticipating and planning next steps of an assignment.

Communication

• Demonstrates an ability to effectively listen, speak, and interact tactfully in a work group or with the public. Follows detailed oral and written instructions.
• Demonstrates verbal and written ability to work collaboratively and appropriately resolves conflict with vendors, customers, and departmental staff.
• Demonstrates an ability to promptly respond to internal and external customers.
• Demonstrates an ability to select and use the most appropriate method of communication with suppliers, coworkers, or customers. Produces effective and readable technical reports, documents, and correspondence.

Teamwork, Leadership, and Management

• Demonstrates an understanding of the ASBU and Department mission and vision and how to apply understanding of these in daily work.
• Demonstrates effective teamwork by being punctual, accountable, self-motivated, flexible and adaptable to changes in work assignments, completing assignments within agreed upon deadlines, and supporting Department projects and programs.
• Demonstrates an ability to make decisions independently and as a part of the group decision-making process.

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 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, pregnancy, age, ancestry, national origin, genetic information, 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 for protected veterans/individuals with disabilities 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.