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Director, Procurement Center of Excellence
3 months ago
About the Company:
The Director of the Procurement Center of Excellence is a senior leadership role responsible for establishing and leading the procurement excellence center within the organization. This role focuses on developing and implementing procurement strategies, best practices, and innovative solutions to optimize procurement processes, drive cost savings, and ensure the highest standards of efficiency and compliance. The Director will work closely with cross-functional teams, senior management, and key stakeholders to deliver value and support the organization's strategic goals.
About the Role:
- Develop and implement the vision, mission, and strategic goals for the Center of Excellence for Procurement.
- Lead the development and execution of procurement strategies to drive operational efficiency, cost savings, and value creation.
- Establish and communicate procurement policies, standards, and best practices across the organization.
- Drive continuous improvement initiatives to enhance procurement processes and systems.
Responsibilities:
- Oversee the development and implementation of procurement processes, tools, and technologies to support efficient and effective procurement operations.
- Ensure compliance with procurement policies, regulations, and standards.
- Monitor and analyze procurement performance metrics and KPIs to identify areas for improvement and implement corrective actions.
- Build and maintain strong relationships with internal and external stakeholders, including suppliers, vendors, and key business partners.
- Collaborate with cross-functional teams to align procurement strategies with overall business objectives and ensure effective procurement support for various departments.
- Serve as a trusted advisor to senior management on procurement-related matters.
- Lead, mentor, and develop a high-performing procurement team, fostering a culture of excellence, innovation, and continuous learning.
- Provide training and development opportunities to enhance the skills and capabilities of the procurement team.
- Promote a collaborative and inclusive work environment.
- Stay abreast of industry trends, emerging technologies, and best practices in procurement to drive innovation and continuous improvement.
- Lead initiatives to implement new procurement technologies and digital solutions to enhance procurement efficiency and effectiveness.
- Drive the adoption of sustainable and ethical procurement practices.
Qualifications:
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field; MBA or equivalent advanced degree preferred.
- Minimum of 10 years of experience in procurement, supply chain management, or a related field, with at least 5 years in a leadership role.
- Proven track record of developing and implementing successful procurement strategies and driving operational excellence.
- Strong knowledge of procurement processes, tools, technologies, and best practices.
- Excellent leadership, communication, and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
- Strategic thinker with strong analytical and problem-solving skills.
- Experience with procurement software and digital tools.
- Knowledge of compliance in procurement.
- Certification in procurement or supply chain management (e.g., CPSM, CIPS) is a plus.