Summary
This document is a Supplier Handbook that outlines Generac's expectations and requirements for its suppliers. It serves to communicate the company's enterprise strategy, which focuses on cultivating a robust supply base that delivers optimal total cost of ownership through quality, service, delivery, and cost considerations. The handbook details the Supplier Management Program, which is structured into four stages: Evaluation, Implementation, Measurement, and Improvement. Each stage is designed to encompass the entire supply management cycle, from identifying potential suppliers to fostering alignment with Generac's strategic goals. Additionally, the handbook emphasizes the importance of adherence to the Supplier Code of Conduct and Sustainable Procurement Policy, which mandates ethical business practices and compliance with relevant laws. It also covers essential topics such as business communication, non-disclosure agreements, right of entry for verification, and the necessity for documented business continuity plans. Suppliers are encouraged to regularly consult this guide to ensure compliance with Generac's requirements.
