Director of Procurement

1 week ago


Little Rock, United States Arcane Capital Partners Full time
Job DescriptionJob Description

Arcane is a custom plastic injection molding company providing products around the country. Manufacturing anything from shopping carts to caster wheels to agricultural tools, we specialize in fulfilling your plastic manufacturing needs. Our business philosophy is an extension of its founders. Their personal ethics are reflected in our commitment that every customer deserves the best quality that can be produced at a fair price and in a timely delivery.

ARE YOU READY TO JOIN OUR TEAM?

The Director of Procurement will lead the procurement function and drive procurement strategy, supplier management, and cost optimization initiatives. The Director of Procurement will play a critical role in managing the procurement process, identifying cost-saving opportunities, and enhancing supplier performance.Top of Form

WHY JOIN ARCANE?

  • Competitive Pay
  • Rapidly Growing Company
  • Opportunity for Advancement and Long-term Career
  • Medical, Dental, Vision, and Life benefits
  • 401k offering
  • Team-centric work environment
  • Generous paid time off
  • Paid Holidays
  • Advancement opportunities

POSITION REQUIREMENTS

  • Bachelor's degree in business, supply chain management, finance, or a related field is required.
  • Master's degree or professional certification (e.g., CSCP, CPSM) is preferred.
  • 5 years of progressive experience in procurement required, with at least 5 years in a leadership role is preferred.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Develop and implement procurement strategies and policies that align with organizational goals and objectives.
  • Lead and manage the procurement team, providing guidance, support, and mentorship to ensure optimal performance.
  • Oversee the end-to-end procurement process, including sourcing, supplier selection, negotiation, contracting, and supplier relationship management.
  • Collaborate with internal stakeholders to understand business requirements and develop sourcing strategies that meet the needs of the organization.
  • Identify and evaluate potential suppliers, negotiate contracts, and establish partnerships that drive value and ensure quality and reliability of supply.
  • Monitor and analyze market trends, supplier performance, and industry best practices to identify opportunities for cost savings, process improvements, and risk mitigation.
  • Develop and maintain key performance indicators (KPIs) and metrics to measure and track procurement performance and identify areas for improvement.
  • Ensure compliance with procurement policies, procedures, and regulatory requirements, and implement controls to mitigate procurement risks.
  • Drive continuous improvement initiatives to streamline processes, optimize costs, and enhance efficiency and effectiveness across the procurement function.


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