Global Commodity Manager - Engine Components
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We believe power is a promise - a shared commitment to be there for others when it matters most. For more than 65 years, we've turned big ideas into solutions that help protect homes, strengthen businesses and build a more resilient, efficient, sustainable energy future. Ready to Power a Smarter World with us? 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-function al 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 & Responsibiliti es: 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-function al 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 Q ualifications: 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 Q ualifications: 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 s elf-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
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