Director, Sourcing and Operational Risk Management

Director, Sourcing and Operational Risk Management

The Director of Sourcing & Operational Risk Management reports to the Sr. Vice President of Finance and Chief Financial Officer providing strategic direction and oversight for global sourcing and procurement efforts to efficiently and effectively enable EPRI's spend managers (business units and Sectors) to maximize the value they receive from suppliers and vendors. The Director works with Senior Management in developing and managing strategic sourcing plans across EPRI to ensure high service quality and leverage buying power to achieve cost efficiencies. The Director also leads the Institute's insurance program, Environmental Health & Safety program and coordinates business continuity activities.

Duties and Responsibilities:

• Establishes and implements short- and long-range procurement organizational goals, objectives, strategic plans, policies, and operational procedures; monitors and evaluates programmatic and operational effectiveness, and effects changes required for improvement.
• Oversees the development and implementation of category management strategy including RFP planning, vendor assessment and due diligence, negotiation of best 'total cost of ownership', supplier diversity, and vendor compliance monitoring.
• Implements a rigorous and disciplined process for managing suppliers including leading periodic business reviews, monitoring and managing supplier performance, managing supplier relationships, developing and utilizing vendor score cards, performing root cause analysis and resolution, and developing and monitoring supplier improvement plans.
• Identifies, quantifies and reports out on the realization of cost-saving and cost-reduction opportunities.
• Provides business oversight to the procure-to-pay and sourcing contract lifecycle management processes in SAP.
• Directs the Institute's Environmental Health and Safety program and staff
• Oversees organizational compliance with local, state and federal EH&S regulations
• Leads and ensures enforcement of safety regulations and codes in all EPRI facilities.
• Measures and evaluates effectiveness of safety programs, using established goals and safety metrics.
• Coordinates the Institute's Business Continuity Program
• Builds the skills and competencies of staff by creating talent roadmaps to ensure that the right resources are available or are being developed.
• Participates on the Corporate Social Responsibility team and leads the Procurement team in the area of sustainable and socially responsible procurement strategies.
• Manages the Institute's corporate insurance program. Works with external broker to procure appropriate coverage and manage claims.

Education: Bachelor's degree in business, supply chain management, economics, finance, or a related area; Master's degree preferred. A Certified Purchasing Manager (CPM) or Certified Professional in Supply Management (CPSM) would be a plus.

Knowledge and Skills:

• Demonstrated strong decision-making with bias for taking action and getting results.
• Ability to analyze, identify and implement opportunities and initiatives for improvements that have measurable dollar impact each year.
• Strong leadership skills, including demonstrated ability to lead change initiatives and cross-functional, multi-site initiatives.
• Leadership of cross-functional teams for Procurement business initiatives
• In-depth knowledge of the RFP process including developing a successful RFP, analyzing proposals, selecting the winning bid, and implementing a new vendor.
• Solid operational management and general business savvy
• Excellent written and verbal communication skills
• Ability to articulate the procurement function's value and to run procurement as a service business
• Strong negotiation skills for commercial contracts.
• Knowledge of contract law and strong understanding of standard contractual terms and conditions to mitigate legal risk.
• Strategic mindset and problem-solving skills.
• Knowledge of enterprise risk management and business continuity planning.
• Proficiency in Environmental Health and Safety regulations
• Knowledge of insurance products and insurance program management
• In-depth knowledge of subject matter principles and best practices, and the ability to stay current with industry developments.
• Experience: 10 15 years of senior management experience in the Procurement/Sourcing function

The salary range for this position is $0 USD to $0 USD annually. This salary range is an estimate, and the actual salary may vary based on various factors, including without limitation applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location. This role is eligible to participate in EPRI's annual incentive program. The amount of incentive varies and is subject to the terms and conditions of the plan. This role is eligible to participate in EPRI's standard employee benefit programs, which currently include the following: medical, dental, vision, 401k, STD/LTD and paid family leave, life and accident insurance, paid time off (flexible vacation, sick leave, and holiday pay).