Director of Purchasing
Colonial Group
DIRECTOR OF PURCHASING JOB SUMMARY: The Director of Purchasing is responsible for developing and executing procurement strategies, managing supplier relationships, and optimizing purchasing processes to support the Company's goals and objectives. This role will oversee all purchasing activities within our organization. DUTIES AND RESPONSIBILITIES: Develop and implement procurement strategies to optimize purchasing processes and drive cost savings. Lead and mentor a team of purchasing professionals, providing guidance, support, and training as needed. Establish and maintain relationships with key suppliers, negotiating contracts and agreements to ensure favorable terms and conditions. Collaborate with internal stakeholders to understand purchasing needs and requirements and develop sourcing strategies to meet them. Monitor market trends and conditions to identify opportunities for cost reduction and risk mitigation. Manage the procurement budget and track expenses to ensure adherence to financial targets. Implement procurement best practices and process improvements to streamline operations and enhance efficiency. Ensure compliance with relevant regulations and internal policies, including ethical sourcing practices and supplier diversity initiatives. Conduct supplier performance evaluations and contract reviews to ensure accountability and maintain service levels. Stay abreast of industry developments and emerging trends in procurement and incorporate relevant innovations into purchasing strategies. All other duties as assigned. EDUCATION AND EXPERIENCE: Bachelor's degree in business, supply chain management, or a related field; advanced degree preferred. Years of Experience: 10+ years of experience in procurement or purchasing roles, with a proven track record of success in leadership positions. Just In Time experience is a plus. TRAVEL: Travel Required: Yes – 50% KNOWLEDGE, SKILLS, AND ABILITIES: Strong negotiation skills and the ability to build and maintain effective relationships with suppliers and internal stakeholders. Deep understanding of procurement processes, including sourcing, contracting, and supplier management. Excellent analytical and problem-solving abilities, with the capacity to analyze complex data and make strategic decisions. Proficiency in procurement software and tools, as well as Microsoft Office Suite. Strong leadership and team management skills, with the ability to motivate and inspire others to achieve results. Excellent communication and interpersonal skills, with the ability to effectively interact with individuals at all levels of the organization. Demonstrated commitment to integrity, ethics, and professionalism in all procurement activities. BENEFITS: Blue Cross Blue Shield Medical Delta Dental VSP Vision 401k Matching Tuition Reimbursement Paid Time Off Employee Assistance Program Additional Competitive Benefits TRAITS/VALUES: Respect Integrity Perseverance Innovation Teamwork Building A Better Culture We build a better culture by putting people before profit, leading for purpose, passion and performance, and creating an environment devoted to an exceptional experience for our customers and people. We lead with respect and humility, are aligned to a common purpose, and hold ourselves accountable to embody our values in everything we do. We foster a commitment to engaging and empowering each person. #J-18808-Ljbffr
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