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VP of Procurement
2 months ago
Position Overview: The Vice President of Purchasing will be a key strategic leader responsible for overseeing and managing the procurement of building materials and related products. This role demands a visionary leader with a deep understanding of market trends, supplier relationships, and supply chain management. The ideal candidate will possess a proven track record in negotiating contracts, optimizing purchasing processes, and driving cost efficiencies.
Key Responsibilities:
- Strategic Leadership: Develop and execute the overall purchasing strategy in alignment with the company’s business objectives and growth plans.
- Supplier Management: Identify, evaluate, and establish relationships with key suppliers and vendors. Negotiate contracts to secure favorable terms and ensure the highest quality standards.
- Market Analysis: Monitor industry trends, market conditions, and competitor activities to anticipate changes and adapt procurement strategies accordingly.
- Cost Management: Implement cost-saving initiatives and optimize purchasing processes to achieve financial targets and improve overall profitability.
- Cross-Functional Collaboration: Work closely with other departments such as sales, operations, and finance to ensure alignment between purchasing strategies and business needs.
- Team Leadership: Build, mentor, and lead a high-performing purchasing team. Foster a culture of accountability, continuous improvement, and professional development.
- Compliance & Risk Management: Ensure compliance with industry regulations, company policies, and ethical standards. Manage risks associated with supply chain disruptions and material shortages.
- Innovation & Improvement: Drive innovation in procurement practices and processes. Continuously seek opportunities for process improvements and technological advancements.
Qualifications:
- Education: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field. MBA or advanced degree preferred.
- Experience: Minimum of 10 years of experience in purchasing or procurement within the building material industry, with at least 5 years in a senior leadership role.
- Skills: Strong negotiation, analytical, and problem-solving skills. Excellent interpersonal and communication abilities. Proficiency in procurement software and tools.
- Knowledge: Deep understanding of building materials, supplier markets, and industry trends. Familiarity with supply chain management and logistics.
- Leadership: Proven track record of leading and developing teams. Ability to inspire and drive results in a fast-paced, dynamic environment.
Please be advised- Travel will be crucial to this role***********