Generac Power Systems

Global Commodity Manager - Engine Components

Generac Power Systems$90K — $120K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Engineering or related field, or 8 years of relevant experience.
  • 6 years of experience in Commodity/Category Purchasing Management or Strategic Global Sourcing.
  • Ability to travel domestically and internationally up to 30%.
  • Excellent written and verbal communication skills for engaging with stakeholders at all levels.

Responsibilities

  • Negotiate Master Supply Agreements for optimal cost savings and payment terms.
  • Champion cost optimization initiatives and lead quarterly business reviews.
  • Define and communicate the commodity strategy across the organization and to suppliers.
  • Recommend strategic plans to improve total cost of ownership and minimize supply chain risks.
  • Monitor technology transitions and lifecycle roadmaps across relevant industries.
  • Ensure compliance with all procurement laws and practices.
  • Evaluate suppliers to enhance service levels and drive continuous improvement in cost and efficiency.
  • Optimize supply chain logistics to reduce lead times and improve customer delivery.
  • Lead cross-functional teams focusing on material quality, pricing, and inventory management.
  • Conduct supplier and commodity market analysis to identify trends.

Benefits

  • Health, Dental, Vision, 401k, and additional competitive benefits.
  • Access to a state-of-the-art facility with amenities like an onsite gym and café.
  • Scheduled employee events fostering community and team-building activities.
  • Eligible for summer hours from Memorial Day to Labor Day.
  • Opportunities for employees to volunteer during storm responses, enhancing team spirit.
  • A culture of fun with regular celebrations and events promoting teamwork.
  • Casual dress policy with 'Every day is Jeans Day'.
  • Product loan and discount programs available to employees.
Full Job Description
The Global Commodity Manager is responsible for the strategic management of assigned commodities and products worldwide by working with cross-functional teams while owning the supplier execution and the supplier performance. This role manages the implementation 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 & Responsibilities:
  • Negotiate Master Supply Agreements to obtain the maximum value for each dollar of expenditure and focus on obtainment cost savings and payment term improvements.
  • Champion material cost optimization initiatives and quarterly business reviews.
  • Define and communicate the commodity strategy to all levels of the organization as well as suppliers.
  • Recommend and implement strategic plans that display measured improvement of total cost of ownership and significantly reduce risk related to our engine supply plan.
  • Monitor and Communicate technology transitions and life-cycle related roadmaps for all related industries.
  • 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.
  • 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.
  • Own and update the supplier scorecards.
  • Perform other duties as assigned.


Minimal Qualifications:
  • Bachelor Degree in Engineering or related field or 8 years related experience within a similar working environment.
  • 6 years experience in Commodity/Category Purchasing Management or Strategic Global Sourcing.
  • Ability to travel both domestic and internationally, up to 30% of the time.
  • Excellent written and verbal communication skills to professionally and effectively interact with all stakeholders both internal and external at any level of the organization.


Preferred Qualifications:
  • Strong knowledge of engine components and their processes including but not limited to casting, forging, stamping, and machining.
  • Previous experience with commodity management, strategic sourcing or engineering.
  • Continuous improvement, Six Sigma Concepts and Project Management methodologies.
  • Previous experience using SAP or equivalent ERP


Knowledge, Skills, & Abilities:
  • 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 tool box, 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 components;
  • Ability to identify market and supply risks / liabilities and develop contingency plans;
  • Track, report, and reconcile all 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.


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, café, 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


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 - 50 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. Occasional travel.

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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