Generac Power Systems

Global Commodity Manager - Electrical

Generac Power Systems$100K — $120K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required
  • 6 years' experience in strategic sourcing or operations
  • Ability to travel up to 30% domestically and internationally
  • MBA preferred
  • Experience with Six Sigma methodologies and SAP or equivalent ERP systems
  • Experience sourcing printed circuit board assemblies in a global context

Responsibilities

  • Identify and deliver cost savings in material procurement
  • Define and communicate commodity and supplier strategies
  • Manage supplier expectations and drive performance improvements
  • Negotiate and execute supplier agreements
  • Foster supplier development through quarterly reviews
  • Evaluate and improve supplier service levels
  • Participate in cross-functional teams for quality and inventory management

Benefits

  • Comprehensive health, dental, and vision benefits
  • 401k plan with employer contributions
  • Onsite gym and walking trails
  • Employee events for team bonding and morale
  • Flexibility with summer hours during Memorial Day to Labor Day
  • Fun corporate culture with regular celebrations
  • Casual work attire with everyday Jeans Day
  • Employee product discounts and loan programs
Full Job Description

The Global Commodity Manager- Electrical is responsible for the strategic management of assigned commodities and products worldwide by working with cross-functional teams and owning the supplier process and the supplier performance. This role also manages the creation and execution of sourcing strategies that produce tangible value through the implementation of process and projects that yield a reduced total cost of material acquisition, revenue and gross margin improvement, supply base alignment, enhanced product quality, and overall reduction of risk.

Essential Duties and Responsibilities:

  • Identify and deliver material cost productivity to the cost of goods sold leveraging continuous improvement methodologies
  • Define and communicate commodity and supplier strategies
  • Manage supplier expectations and performance, driving corrective action and improvements as prescribed using data analytics
  • Develop, negotiate, and execute agreement with suppliers
  • Champion supplier development and quarterly business reviews.
  • Define and communicate the commodity strategy.
  • Ensure that all procurement is in compliance with all applicable regulations and laws related to procurement practices and in accordance with standard practices.
  • Evaluate current and new suppliers to develop and improve service levels in search of continuous improvements regarding total cost and efficiency.
  • Negotiate Master Supply Agreements to obtain the maximum value for each dollar of expenditure and focus on obtainment of high inventory turns.
  • Optimize the supply chain of goods and services from our suppliers through to our customers by focusing on lead time reduction.
  • Participate and/or lead cross-functional teams related to quality, price, inventories and availability of materials.
  • Report on supplier and commodity market analysis by monitoring trends.
  • Participate in Supplier quality audits for conformance to corporate requirements.
  • Own and update the supplier scorecards.
  • Act as SAP Super User within functional area as assigned.
  • Perform other duties as assigned.

Minimum Qualifications:

  • Bachelor's degree in related field or equivalent experience
  • 6 years’ experience in strategic sourcing, supplier quality or operational management
  • Ability to travel both domestic and internationally, up to 30% of the time

Preferred Qualifications:

  • MBA preferred
  • Previous experience with continuous improvement, Six Sigma Concepts and methodologies;
  • Previous experience using SAP or equivalent ERP
  • Experience sourcing printed circuit board assemblies in a global EMS supply base model

Knowledge, Skills, Abilities:

  • Excellent written and verbal communication skills to professionally and effectively interact with all stakeholders both internal and external at any level of the organization.
  • Demonstrated skills in cost reduction and bidding techniques to maximize value;
  • Proven ability to negotiate with suppliers;
  • Thorough knowledge of purchasing techniques including strategic supplier concepts;
  • Ability to adjust priorities and manage time wisely in a fast-paced environment;
  • Knowledge of supplier contracts, product conformity, quality toolbox, and problem-solving methodologies;
  • Demonstrated ability to assess critical market dynamics, including end to end industry assessments and analysis of the competitive landscape for engines;
  • Ability to identify market and supply risks / liabilities and develop contingency plans;
  • Track,report, and reconcileall material price variation (EPPV) and purchase price variation (APPV) to financial teams;
  • Highly self-motivated, ability to work well under pressure, maintain composure during rapidly changing situations, analyze situations and take effective actions to meet deadlines in a dynamic environment;
  • ERP knowledge.

Physical Demands: While performing the duties of this job, the employee is regularly required to talk and hear; and use hands to manipulate objects or controls. The employee is regularly required to stand and walk. On occasion the incumbent may be required to stoop, bend or reach above the shoulders. The employee must occasionally lift up to 25 pounds. Specific conditions of this job are typical of frequent and continuous computer-based work requiring periods of sitting, close vision and ability to adjust focus.

Great Reasons to work for Generac:

  • Competitive Benefits: Health, Dental, Vision, 401k and many more
  • State-of-the-art facility with an onsite gym, walking trails, caf, free parking and many employee activities
  • Scheduled events throughout the year that allow our employees, both current and retirees, to gather together and enjoy their time with their families and co-workers
  • Eligible for summer hours! (Memorial Day Labor Day)
  • Pride! When a storm strikes, Generac employees always rise to the occasion. Each time a storm hits many employees volunteer their time with the customer support team or on the production line while others go right into storm-affected areas to repair generators
  • We believe in having fun. From minor celebrations to major events, our employees balance their work by building a strong culture of teamwork and collaboration through a variety of occasions, including our Fun Days.
  • Every day is Jeans Day! Dress for your day.
  • Product loan and discount programs

About Generac Power Systems

Generac Power Systems is a manufacturer of backup power generation products for residential, commercial, and industrial customers. The company was founded in 1959 and is headquartered in Waukesha, Wisconsin. Generac operates through two business segments: Domestic and International. The Domestic segment produces generators, transfer switches, and other backup power equipment for residential and commercial customers in the United States. The International segment produces similar products for customers outside the United States. Generac sells its products through a network of dealers and distributors.
Learn more about Generac Power Systems
Size
8,955 employees
Market Cap
$5.6 billion
Industry
Net Income
$350.5 million
Founded
1959
5 Year Trend
+20.9%
Revenue
$2.4 billion
NASDAQ

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