Generac Power Systems

Global Sourcing Manager

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

Qualifications

  • Bachelor's Degree or equivalent experience
  • 5 years in Global Sourcing, Supply Chain, or Purchasing
  • Experience in commodity management and finished goods sourcing
  • Open to 25% travel, both domestic and international
  • Preferred: 1-2 years of people management experience

Responsibilities

  • Manage and implement global sourcing strategies for product development
  • Consolidate raw materials and evaluate supplier capabilities
  • Negotiate contracts with suppliers to enhance cost and quality
  • Analyze vendor performance for improvements and cost efficiency
  • Research alternative sourcing options to mitigate risks and enhance quality
  • Oversee daily sourcing analytics across multiple countries
  • Lead sourcing activities for new product development initiatives

Benefits

  • Comprehensive health, dental, and vision coverage
  • 401k plan and competitive benefits
  • Engaging employee activities and events throughout the year
  • Summer hours from Memorial Day to Labor Day
  • Strong emphasis on teamwork and employee culture
  • Casual dress code with 'Every day is Jeans Day' policy
  • Product loan and discount programs
Full Job Description
Responsible for managing and implementing global sourcing strategy that supports new product development, profitability enhancement programs (PEP) and business group growth initiatives. In addition, the Manager, Global Sourcing is tasked with managing and improving supplier performance in cost, quality and delivery, negotiating contracts with preferred suppliers, and identifying and driving continuous improvement initiatives.

Essential Duties and Responsibilities:
  • Sourcing Strategy
  • Develop, Plan Implement Global Sourcing strategy to determine competitive solutions for manufacturing.
  • Consolidation of raw materials and suppliers
  • Develop supplier relationships to include cost negotiations and risk mitigations.
  • Communicate with vendors on performance improvements, cost reductions and maintenance of best-in-class quality standards.
  • Research and analyze vendors for cost, quality, County of Origin risk, and capacity.
  • Deliver solutions to drive continued business success to secure best cost and payment terms.
  • Implement and manage long term contract agreements to deliver the best quality, delivery, and cost.
  • Evaluate new and existing manufacturing sources for technical capabilities, manufacturing capabilities, quality, forward progression, and cost competitiveness.
  • Develop a strong understanding of overseas regulations, EPA, labor laws, and currencies.
  • Sourcing Management:
  • Manage daily/weekly sourcing analytics in multi sourcing country environments.
  • Setting and executing cost saving targets to meet company goals.
  • Assist teams in setting priorities and readjusting when required as business needs.
  • Quality DPPM rates monitored monthly.
  • Research alternative Country of Origin sources and make recommendations to internal teams for speed to market, quality, and cost reductions.
  • Manage all sourcing activities in all New product Developments, including purchasing initial PPAP samples.
  • Manage and develop sourcing KPI's.
  • Implement and manage long term contract agreements to deliver the best quality, delivery, and cost controls.
  • Collaborate with product teams in managing vendor relationships and negotiations over multiple product lines.
  • Responsible for coaching, developing of sourcing specialists, including performance reviews, and day to day projects.
  • Lead supplier correspondence on purchase orders, improve terms, and quality of rejected products.


Minimum Qualifications:
  • Bachelor's Degree or equivalent experience
  • 5 years Global Sourcing, Supply Chain, Purchasing, or related experience including proven capability in global supply chain management.
  • Experience in commodity management, finished goods, and component sourcing required including indirect sourcing.
  • Available for 25% overseas and domestic travel.


Preferred Qualifications:
  • Global Sourcing and manufacturing experience - North America and Asia a must, additional countries a plus
  • 1-2 years of people management experience, preferably including management of employees in other countries
  • Experience using SAP or equivalent ERP System
  • CPIM or APICS equivalent combination of education and / or experience (backgrounds: Global sourcing, Commodity Management, Materials Management, Procurement, Project Management
  • Ability to prioritize with strong attention to detail.
  • Experience analyzing and interpreting data in a procurement setting.
  • Skilled in using Microsoft Excel and Powerpoint.
  • Hands-on manufacturing and/or supply chain experience preferred.
  • Continuous improvement, Six Sigma concepts & methodologies,


Knowledge, Skills, and Abilities:
  • Experience component sourcing required including indirect sourcing
  • Understanding manufacturing processes, supplier capabilities, industry trends, tooling, injection moldings processes, metal processes (die casting, metal stamping)
  • Supervisory experience
  • Interpersonal, verbal, written and presentation skills
  • Exhibit strong negotiating skills with proven success
  • Excellent organizational, determined individual (seeking)
  • International sourcing a key plus


Great Reasons to work for Generac:
  • Competitive Benefits: Health, Dental, Vision, 401k and many more
  • 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 pounds. Specific conditions of this job are typical of frequent and continuous computer-based work requiring periods of sitting, close vision, and the 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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