Head of Procurement
14 hours ago
**Job Overview**:
**Key Responsibilities**:
- Develop and execute a comprehensive procurement strategy aligned with the company's business goals, financial objectives, and operational requirements.
- Lead the procurement team in setting clear goals, objectives, and performance metrics, fostering a culture of accountability and continuous improvement.
- Manage the end-to-end procurement process, from sourcing and supplier selection to contract negotiation and performance evaluation.
- Monitor and manage procurement budgets, ensuring optimal utilization of resources while achieving cost savings targets.
- Implement best practices for procurement, supplier management, and vendor performance evaluation to drive efficiency and quality.
- Establish and nurture strong relationships with key suppliers, negotiating favorable terms, conditions, and pricing agreements.
- Collaborate with suppliers to innovate, improve processes, and identify opportunities for mutual growth and development.
- Identify and mitigate potential procurement risks, ensuring continuity of supply and minimizing disruptions to operations.
- Implement robust supplier risk assessment processes and develop contingency plans to manage supply chain vulnerabilities.
- Utilize data-driven insights to make informed procurement decisions and identify areas for process optimization and cost reduction.
- Prepare regular reports and presentations for senior management, providing transparency into procurement performance, savings, and supplier relationships.
- Ensure compliance with all relevant industry regulations, company policies, and ethical standards in procurement practices.
- Champion responsible and sustainable procurement practices that align with the company's corporate social responsibility initiatives.
**Qualifications and Experience**:
- Bachelor's degree in Business, Supply Chain Management, or a related field
- Proven track record in procurement and supply chain management, with significant experience in a leadership role.
- Demonstrated experience managing procurement activities involving hundreds of millions of dollars annually.
- Strong negotiation, contract management, and supplier relationship management skills.
- Excellent leadership and team management abilities, with a track record of developing and leading high-performing teams.
- Analytical mindset, adept at using data to drive decision-making and process improvements.
- Familiarity with procurement software systems and tools for enhanced efficiency.
- Exceptional communication, interpersonal, and presentation skills.
- Relevant certifications are a plus.
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