Commodity Specialist at Regal Beloit
Posted in General Business 30+ days ago.
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Location: Valparaiso, Indiana
Regal is a global leading manufacturer of efficient electric and mechanical motion control and power generation products with annual sales close to $4 Billion. We are innovative, dynamic, and acquisitive organization with traditional values and high integrity. Intelligent, creative, and determined people have made us who we are today.We recognize that hiring and developing talent is a key element in our continued growth. We are looking for people with high energy, ambition and commitment to performance excellence. If you are looking for a business environment where people treat each other with mutual respect and dignity and each employee can make a difference and grow with organization, Regal is the company for you. Join us to help the world run more efficiently! Regal 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, age, ancestry, national origin, 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 is committed to a diverse and inclusive workforce.Provides tactical support for commodity management to facilitate products and services delivered to the quality, cost, and delivery performance levels. May ensure all engineering, customer, security, and Environmental, Health, and Safety (EHS) requirements are met. Provides support to Commodity Managers with responsibility for an increased level of spend commodities; requiring approximately 50% of time focused on these commodities. Prepares Request for Quote (RFQ) packages, develops and analyzes spreadsheets to present to management. Provides input and recommendations on supplier selection and quality compliance. Performs supplier negotiations and recommends competitive total cost solutions. Performs Sourcing system data base maintenance for example discount levels, maximum quantities, reorder point, part price maintenance and supplier Sourcing rules. Provides internal support to the team coordinating with other functions to ensure objectives are met. Executes continuous improvement projects for example cost down, quality improvement, supplier consolidation and standardization.Bachelor's degree or equivalent related experience. 2 years. Green Belt in Lean Six Sigma within 3 years.