Supply Planning Manager
Regal Rexnord
Supply Planning Manager
The Supply Planning Manager position plays a key role in the success of Regal Rexnord's Sales, Inventory & Operations Planning (SIOP) for the North America region of the Couplings Division in the Industrial Powertrain Solutions (IPS) segment. The position is responsible for leading, developing and implementing the supply planning and inventory management strategy. The role will oversee supply plans to support demand fulfillment, ensuring supply plan can be achieved with available capacity, inventory health performance, and establishing targets and reporting metrics. This role is expected to leverage our business technologies and to develop automated planning, scheduling and inventory replenishment solutions to realize best in class practices.
Responsibilities
- Accountable to collaborate with demand planners, site operations, business unit leadership team, and corporate SIOP team to develop supply plans spanning 18-month rolling time period that balance Supply/Demand
- Translates output of Demand Plan into Supply Plan, including rough-cut Units demand for long-range planning and SKU-based supply plan for short-range Materials Planning.
- Supports regional inventory forecast process by site and material type across multiple time horizons. Helps root cause gaps and build action funnel to support inventory targets.
- Supports Inventory Segmentation process and creates associated materials planning strategies such as ABC, XYZ analysis and make-to-order/buy-to-order to optimize inventory. Ensures short and long-term plans align with regional and business-level strategies for working capital and on time delivery
- Responsible to measure & report Inventory Health, Supply Plan accuracy, Attainment to Plan, and Capacity Utilization. Partner cross-functionally to address variances and implement action plans to improve
- Partners with sites to ensure necessary production output and inventory levels to support sales and service level targets. Helps ensure supply/production plans are supported with defined labor plans and machine capacity – addressing key points of constraints.
- Help identify and implement ERP settings and data requirements to support SIOP supply plan. Support sites in identifying gaps, plan to correct, and standard work to maintain.
- Owner of SIOP Supply Meeting. Escalates constraints to meet supply plan, identifies potential solutions, and drives resolution and/or documentation of risk. Ensures final consensus Supply Plan integrated into site plan
- Collaborate with sites to communicate supply plan risk and gaps and determine course of action to bridge gaps and establish recovery. Assessing sources of alternative supply or determining allocation priorities.
- Partner with Divisional Supply Chain leader to communicate Supply Plans to key External Suppliers and confirming Supplier Capacity supports plan. Engage in stocking agreement plans as necessary.
- Supports root cause analysis of past due demand across key focus sites to determine root cause and ensure temporary and permanent resolution in place to prevent future service level disruptions.
- Performs other duties as assigned.
Qualifications
- Bachelor's degree in business, accounting, finance or related Supply Chain
- Previous experience with SAP, Oracle or equivalent ERP
- Minimum of 7 years previous supply chain experience with focus on inventory management in an engineer-to-order or high-mix/low volume manufacturing industry, including proven experience leading and influencing
- Direct experience in Supply Planning, including translating demand forecast into units/SKUs.
- Experience with deep financial analytics using large data sets and reporting skills
- Experience with Business Intelligence and/or Tableau
- Experience and proven skillset with tools such as Microsoft Project, Office, SharePoint, ERP (SAP/Oracle), Planning Tools (Demantra), and Analytical Dashboards (Power BI)
- Knowledge of lean tools and mindset to drive for continuous improvement
Travel up to 25% Domestic and International is required
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