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Vice President, Procurement

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The Vice President, Procurement is responsible for providing strategic leadership and executive oversight of the organization's enterprise-wide procurement function. This role develops and executes procurement strategies that drive cost competitiveness, supplier innovation, operational resilience, and sustainable value creation across all manufacturing and business operations.

Key Responsibilities

  • Lead, develop, and retain a high-performing procurement organization through effective leadership, coaching, succession planning, and talent development
  • Establish clear organizational goals, performance expectations, and accountability across the procurement function
  • Foster a culture of collaboration, innovation, continuous improvement, and operational excellence
  • Build organizational capability through the implementation of industry-leading procurement methodologies, systems, and best practices
  • Champion employee engagement and leadership development initiatives within the procurement organization
  • Provide executive oversight for all sourcing activities, including supplier selection, strategic negotiations, contract management, and supplier lifecycle management
  • Develop strategic supplier partnerships that improve quality, innovation, cost competitiveness, and service performance
  • Lead supplier performance management programs utilizing scorecards, business reviews, and continuous improvement initiatives
  • Diversify supplier networks while reducing supply chain risk and improving business continuity
  • Oversee enterprise contract strategy to ensure favorable commercial terms and regulatory compliance
  • Partner closely with Operations, Supply Chain, Manufacturing, Finance, Marketing, Engineering, Human Resources, Quality, Legal, and Executive Leadership to align procurement strategies with business priorities
  • Influence enterprise decision-making by providing market intelligence, supplier insights, and strategic sourcing recommendations
  • Collaborate with Finance to support budgeting, forecasting, cost management, and working capital initiatives
  • Support new product development, capital investments, and operational initiatives through strategic supplier engagement
  • Lead enterprise procurement transformation initiatives focused on process standardization, digital enablement, automation, and procurement technology optimization
  • Establish governance frameworks that improve procurement efficiency, transparency, and compliance
  • Drive continuous improvement initiatives that reduce complexity, eliminate waste, and enhance procurement effectiveness
  • Integrate sustainability, responsible sourcing, supplier diversity, and ESG principles into procurement strategies where applicable
  • Position procurement as a strategic value-creating function that enables business growth and innovation
  • Ensure procurement activities comply with company policies, regulatory requirements, contractual obligations, and labor agreements
  • Develop enterprise supplier risk management strategies that proactively identify and mitigate operational, financial, geopolitical, and supply risks
  • Oversee procurement governance processes, delegation of authority, and contract compliance
  • Ensure ethical sourcing practices and compliance with all applicable procurement regulations and corporate standards
  • Support business continuity planning through strategic supplier risk assessments and contingency planning
  • Establish enterprise procurement KPIs and performance dashboards to measure cost savings, supplier performance, service levels, inventory optimization, and value creation
  • Utilize data analytics and market intelligence to support executive decision-making
  • Provide regular reporting to executive leadership regarding procurement performance, supplier risks, financial impact, and strategic initiatives
  • Benchmark procurement performance against industry standards and implement improvement opportunities
  • All other duties as assigned

Qualifications

  • Bachelor's degree in Supply Chain Management, Business Administration, Finance, Engineering, Operations Management, or related field required
  • Minimum of 15 years of progressive procurement, sourcing, or supply chain leadership experience
  • Minimum of 8 years leading multi-level procurement organizations in a manufacturing or industrial environment
  • Demonstrated experience developing enterprise procurement strategies and leading organizational transformation
  • Significant experience negotiating complex supplier agreements and managing strategic supplier relationships
  • Proven experience managing large operating budgets, capital expenditures, and enterprise sourcing initiatives
  • Expert knowledge of strategic sourcing, category management, supplier relationship management, and procurement operations
  • Strong understanding of manufacturing operations, supply chain management, inventory management, and enterprise planning
  • Demonstrated financial acumen, including cost modeling, budgeting, forecasting, and value creation analysis
  • Strong executive presence with exceptional communication, negotiation, and influencing skills
  • Ability to lead organizational change, build cross-functional partnerships, and execute enterprise-wide initiatives
  • Experience implementing procurement technologies, ERP systems, eProcurement platforms, and analytics solutions
  • Strong analytical, strategic planning, and problem-solving capabilities
  • Travel: 20-30%

Preferred Qualifications

  • Master's degree (MBA or related discipline)
  • Professional certifications such as CPSM, CPM, CSCP, or APICS

What We Offer

  • Base salary and bonus program
  • Medical, dental, vision, life insurance effective on date of hire
  • Generous 401(k) Plan
  • Defined Contribution Plan
  • Paid vacation and paid holidays
  • Tuition reimbursement
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Vacancy posted 3 days ago
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