Buyer II

About the role

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.

Responsibilities

• 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.
• Solicits feedback from potential new suppliers.
• Evaluates supplier performance, supports invoice reconciliation, mitigates supply risks, and provides guidance to Buyer I personnel.
• Monitors progress and status of open purchase orders.
• Provides information, explains rules and procedures to vendors.
• Aids in the Invoice Reconciliation process with Receiving and Accounts Payable to reduce Invoicing Issues with Vendors.

Qualifications

• 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.
• Identifies purchasing patterns, researches goods and services, resolves informal protests, assists in the development of solicitations and specifications with customer input, and prepares RFQs.
• Identifies risks and liability implications and refers issues to supervisory personnel.
• Understands job required hardware and software and information systems.
• Gains an understanding of the priorities, goals, and objectives of an assignment.
• Assists in planning and managing basic projects and coordinating multiple assignments.
• Maintains workflow, gathers and interprets information, and resolves routine challenges of assignments.
• Prioritizes own work and meets deadlines.
• Takes responsibility for one's work assignments by anticipating and planning next steps of an assignment.
• Effectively listens, speaks, and interacts tactfully in a work group or with the public.
• Responds to internal and external customers promptly.
• Selects and uses the most appropriate method of communication with suppliers, coworkers, or customers.
• Produces effective and readable technical reports, documents, and correspondence.
• Understands the ASBU and Department mission and vision and applies understanding of these in daily work.
• Works effectively in teams, is punctual, accountable, self-motivated, flexible, and adaptable to changes in work assignments, completes assignments within agreed upon deadlines, and supports Department projects and programs.
• Makes 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.