Manager I, Supply Chain Full Time NEW

The Supply Chain Manager- Material Management is responsible for sourcing Equipment, Goods and Services and Managing vendors. He/she will be able to perform strategic procurement activities across multiple categories of spend, search for better deals, and find more profitable suppliers. This role is responsible to Balance Demand and Supply through effective Material Planning, Inventory Management, Direct and Indirect Material Purchasing and Sourcing to meet on time Delivery of Goods & Services at Economical Cost with best Lead-time as per Internal/External Customer Requirements within Agreed service Levels.

Job Description (JD):

• Demonstrates leadership and creates an inspiring vision of the future.
• Motivates and inspires people to engage with that vision.
• Manages delivery of the vision.
• Coaches and builds a team, so that team is more effective at achieving the vision.
• Clearly understand the Procure to Pay process flow and set up requirements to support manufacture of complex, highly engineered products; Continually Improve Purchasing systems and processes to deliver greater efficiency.
• To be able to perform Spend Analysis, Commodity Analysis, Vendor Capacity Analysis, Supply Risk management collaborating with Internal and External Stakeholders.
• Develop strategies to make sure that cost savings and supplier performance targets are met – or exceeded.
• Monitor and forecast upcoming levels of demand, forecast price and market trends to identify changes of balance in buyer-supplier power and act on with best Strategies.
• Assess, manage, and mitigate Supply risks.
• Managing Supplier & Service Provider Agreements and Contracts: Draft contract, negotiate with internal, external functional leaders, legal teams, and approving authorities to sign off contracts and renew contracts on time.
• Focus on inventory levels in line with fiscal year budget. Ensure to achieve balance between Demand and Supply keeping inventory targets in focus.
• Support management team with all required data analysis and prepare reports for management presentations, in clear and concise communication methods
• Managing the Supply Base performance with periodic performance Evaluation, Supplier audits, coordinating with Quality department & Suppliers.
• Comply with Rexnord Purchasing Ethics and Code of Conduct.

Job Specification: (Education, Training and Experience):

• Bachelor’s degree in a technical field; Advanced degree preferred (MS Engineering, MBA).
• Master Black Belt in Lean Six Sigma (at least Green Belt) or equivalent experience.
• Minimum of 12 – 15 years relevant work experience in a manufacturing environment.
• Manufacturing Industry based Material Management experience including Purchasing in MNCs.
• Broad Supply chain knowledge in Steel Market and Manufacturing Services Outsourcing.
• Demonstrated proficiency in Microsoft Office, particularly Excel and PowerPoint, is required and experience with SAP/ERP systems is essential.

Competencies / Skills:

• Highly developed People management skills must be able to manage the teams effectively.
• Must have strong business knowledge, experience, must abide by strong business ethics and Integrity. Strong interpersonal skill, collaborative, and Executive presence.
• Must possess Conflict resolution, problem solving skills.
• Must Possess strong decision making and negotiation skills and result Oriented
• Sound communication skills, both written and verbal, Multilingual. (English, Hindi and Telugu)
• Must be able to effectively communicate with Cross functional Teams and across All Levels.
• Ability to work on multiple projects with competing deadlines through project management Skills
• Networking and Understanding market dynamics along with business sense
• Must have Good Analytical Skills. Ability to gather and analyze data and to work with figures.
• Commercial Acumen with Domestic Taxation, Global Purchasing Procedures, INCO terms and Logistics.
• Must possess Total Cost Ownership.
• Must have Track record of Strategic Sourcing, Best Purchasing ethics and Code of Conduct.

LOCATION: Regal Rexnord Euroflex Hyderabad Office

Incumbent will be appointed on the rolls of Euroflex Transmissions India Private Limited.

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.