Head of Procurement

3 weeks ago

tempe, United States LHH Full time

The Head of Procurement is responsible for overseeing the procurement function of the organization, ensuring the acquisition of goods and services in a cost-effective, efficient, and ethical manner. This role involves strategic planning, vendor management, contract negotiation, and collaboration with other departments to support the company's overall objectives.

Key Responsibilities:

  • Strategic Planning:
  • Develop and implement procurement strategies aligned with company goals and objectives.
  • Analyze market trends and make recommendations for improving procurement processes and practices.
  • Vendor Management:
  • Identify, evaluate, and select suppliers to meet company needs.
  • Negotiate contracts and manage supplier relationships to ensure performance and compliance.
  • Contract Negotiation:
  • Lead the negotiation of contracts, ensuring favorable terms and conditions.
  • Review and approve contract terms, ensuring they meet legal and regulatory requirements.
  • Team Leadership:
  • Manage and mentor the procurement team, fostering a high-performance culture.
  • Provide guidance and support for professional development and career growth.
  • Budget Management:
  • Develop and manage the procurement budget, ensuring cost-effectiveness and alignment with financial goals.
  • Monitor and report on procurement spend and savings.
  • Process Improvement:
  • Implement and maintain procurement policies and procedures.
  • Continuously review and improve procurement processes to enhance efficiency and effectiveness.
  • Stakeholder Collaboration:
  • Collaborate with internal stakeholders to understand their needs and provide procurement support.
  • Ensure alignment of procurement activities with departmental and organizational objectives.
  • Compliance and Risk Management:
  • Ensure procurement activities comply with legal, regulatory, and ethical standards.
  • Identify and mitigate procurement risks to protect the organization.
  • Data Analysis and Reporting:
  • Analyze procurement data and prepare reports to support decision-making and strategic planning.
  • Track key performance indicators (KPIs) and measure the effectiveness of procurement activities.

Qualifications:

  • Bachelor’s degree in Business Administration, Supply Chain Management, or a related field (Master’s degree preferred).
  • Professional certification (e.g., CIPS, CPSM) is a plus.
  • Proven experience (typically 7+ years) in procurement or supply chain management, with a track record of increasing responsibility.
  • Strong knowledge of procurement principles, practices, and strategies.
  • Excellent negotiation, communication, and interpersonal skills.
  • Ability to lead and manage a team effectively.
  • Proficiency in procurement software and tools.
  • Strong analytical and problem-solving skills.

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