Manager Commodity Risk Management Jobs in Peoria, IL

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The Global Commodity Manager is responsible for the strategic management of assigned commodities and products worldwide by working with cross-functional teams andowning the commodity strategy, supplier relationship and the supplier performance. This role also manages the 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:

• 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 byfocusing 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.
• Perform other duties as assigned

Minimum Qualifications:

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

Additional Qualifications:

• 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;
• 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.

Preferred Qualifications:

• Strong knowledge of different metal fabrication processes
• Previous experience with commodity management
• continuous improvement, Six Sigma Concepts and methodologies;
• Previous experience using SAP or equivalent ERP

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, cafe, 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
  

"We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law."