Global Commodity Manager - Engine Components

Generac Power Systems•Waukesha, WI

4d•Onsite

About The Position

We are Generac, a leading energy technology company committed to powering a smarter world. Over the 60 plus years of Generac’s history, we’ve been dedicated to energy innovation. From creating the home standby generator market category, to our current evolution into an energy technology solutions company, we continue to push new boundaries. We are seeking a Global Commodity Manager to join the team at our Global HQ in Waukesha, WI! 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.

Requirements

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.
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.

Nice To Haves

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

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.