Procurement Director - Supply Chain
Summary
The Procurement Director - Supply Chain is a strategic leadership role responsible for overseeing the procurement process, managing supplier relationships, and ensuring the effective flow of materials and goods within the supply chain. This role focuses on optimizing procurement strategies to drive cost efficiency, quality, and timely delivery while aligning with the company's broader operational goals.
Key Responsibilities
* Leadership & Strategy Development
* Lead and manage the procurement team, including setting objectives, providing guidance, and ensuring team alignment with overall supply chain goals.
* Develop and execute procurement strategies that align with business objectives and supply chain requirements.
* Monitor market trends, global supply chain developments, and emerging technologies to inform procurement decisions.
* Supplier Management
* Establish and maintain strong relationships with key suppliers and vendors to ensure reliability, quality, and cost-effectiveness.
* Negotiate contracts, terms, and pricing with suppliers to achieve favorable conditions and secure long-term partnerships.
* Evaluate supplier performance, conduct regular audits, and implement corrective actions when necessary to maintain high standards.
* Cost Management & Budgeting
* Oversee the procurement budget, ensuring that expenses are in line with financial goals while optimizing spending across the supply chain.
* Implement cost-saving initiatives without compromising quality or operational efficiency.
* Drive the continuous improvement of procurement processes to increase productivity and reduce unnecessary expenditure.
* Supply Chain Integration
* Collaborate closely with supply chain, logistics, and operations teams to ensure seamless integration of procurement strategies into the broader supply chain operations.
* Optimize inventory management and coordinate with warehouse teams to maintain appropriate stock levels.
* Risk Management & Compliance
* Identify potential supply chain risks and implement mitigation strategies to minimize disruptions.
* Ensure that all procurement activities comply with company policies, industry regulations, and ethical sourcing standards.
* Maintain a comprehensive understanding of legal, regulatory, and ethical standards impacting procurement and supply chain functions.
* Performance Monitoring & Reporting
* Track key performance indicators (KPIs) to measure procurement efficiency, cost savings, and supplier performance.
* Provide regular reports and updates to senior management on procurement activities, challenges, and opportunities for improvement.
Skills & Qualifications
* Bachelor's degree in Supply Chain Management, Business Administration, or a related field (MBA or other advanced degrees preferred).
* Minimum of 8-10 years of experience in procurement, supply chain management, or a related field, with at least 5 years in a leadership or director role.
* Strong knowledge of procurement and supply chain processes, including strategic sourcing, contract management, and logistics.
* Excellent negotiation, communication, and interpersonal skills.
* Proven ability to lead teams, manage budgets, and achieve operational targets.
* Strong analytical and problem-solving skills, with the ability to make data-driven decisions.
* Familiarity with ERP and procurement software (e.g., SAP, Oracle, Ariba).
* Ability to work effectively under pressure and manage multiple priorities in a fast-paced environment.
Sample Resume Bullet Points
* Directed a team of 15 procurement professionals and managed the sourcing of materials worth over $100M annually.
* Negotiated and secured cost reductions of 12% across key supplier contracts, resulting in significant cost savings for the company.
* Developed and implemented a comprehensive supplier evaluation program that improved supplier performance by 20%.
* Collaborated with cross-functional teams to integrate procurement strategies into the supply chain, reducing lead times by 15%.
* Managed a procurement budget of $50M, optimizing spend and reducing waste across all supply chain operations.