Procurement Director
Formica
Formica Corporation is seeking a Procurement Director, North America to lead commercial strategy and supplier management across approximately $130 million in direct and indirect spend. This role owns sourcing, supplier selection, commercial terms, contracts, third-party purchasing, performance, and supply-risk mitigation while partnering with Operations, Planning, Quality, Engineering, Finance, and Legal.
Key Accountabilities
- Develop and execute procurement and category strategies for North American direct and indirect spend.
- Lead, coach, and develop the North American procurement team, including goal setting, workload prioritization, performance management, talent development, and day-to-day team leadership.
- Lead supplier negotiations covering pricing, payment terms, service levels, obligations, renewals, and commercial protections.
- Deliver measurable savings and value through strategic sourcing, competitive bidding, cost modeling, and supplier optimization.
- Own supplier identification, qualification, selection, onboarding, and governance within approved technical, quality, and supply requirements.
- Lead purchasing from third-party suppliers, including commercial terms, pricing accuracy, purchase-order governance, and issue escalation.
- Build procurement organizational capability by setting team priorities, strengthening sourcing discipline, developing talent, and driving accountability for savings, supplier performance, risk mitigation, and stakeholder support.
- Manage supplier performance through scorecards, reviews, corrective actions, and escalation across cost, quality, delivery, and continuity.
- Strengthen critical-material resilience through qualified alternate sources and documented risk-mitigation plans.
- Lead commercial resolution of raw-material claims, including recovery, replacement supply, and supplier corrective action.
- Provide market intelligence, commodity cost models, PPV analysis, and inflation and savings forecasts.
- Partner with manufacturing and functional teams on supplier innovation, product launches, trials, and indirect categories.
Key Performance Indicators
- Realized savings and purchase-price variance versus approved baseline.
- Percentage of critical materials with a qualified, contract-ready alternate source.
- Incoming material defect PPM and repeat-issue rate.
- Inbound supplier OTIF and outbound OTIF affected by material availability.
- Contract compliance, supplier corrective-action closure, and claim recovery.
Qualifications
- Bachelor’s degree in business, supply chain, engineering, finance, or a related field; MBA or professional certification is preferred.
- Progressive procurement, strategic sourcing, category management, supply chain, or operations experience, including complex negotiations and supplier leadership.
- Demonstrated results in savings delivery, contract management, supplier performance, and supply-risk mitigation.
- Strong analytical, financial, negotiation, leadership, and cross-functional influencing skills.
- Manufacturing and raw-material category experience is strongly preferred.
Employment Information
We offer a competitive salary, comprehensive benefits, and an exciting, challenging, and fast-paced work environment.
Formica Corporation is an Equal Employment Opportunity/Affirmative Action Employer, M/F/Disability/Vets.
Only qualified individuals who meet the fundamental qualifications will be considered. Applications will be accepted for a minimum of three business days from the date of the initial posting.
Required
Bachelors or better.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.
$141.2k - $278.3k
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