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Director of Procurement
4 months ago
Job Summary
- As a key figure within the Procurement department, I am entrusted with a range of responsibilities including the supervision of the sourcing process, management and development of supplier relationships, ensuring supplier quality, and overseeing commodity management.
- As the central point of contact for senior management on procurement matters, I provide comprehensive guidance and insights to support strategic decision-making.
- Furthermore, I am dedicated to continuously seeking opportunities to enhance reliability and responsiveness within our procurement processes.
Culture
This position offers the opportunity to steer a company already holding a prominent position in its end market, boasting robust earnings and cash flow, towards becoming an outstanding entity that transcends the current leadership & tenure. Aligned with our Mission of Together, we build excellence every day and guided by our enduring Virtues of Safety, Integrity, Performance Culture, Teamwork, Customer Centricity, and Agility, this role stands as a pivotal member of the leadership team tasked with elevating the company from good to great.
Essential Duties and Responsibilities
- Define and ensure the attainment of world-class Key Performance Indicators (KPIs) in Procurements operational metrics, such as supplier On-Time-In-Full (OTIF) performance.
- Effectively manage the sourcing process, fostering cross-functional collaboration throughout the extended supply chain and aligning with corporate standards and tools.
- Champion and facilitate the implementation of programs aimed at optimizing savings and credit terms to enhance material cost and cash flow performance.
- Identify and address risks proactively, developing contingency plans to safeguard the delivery of distribution and production plans while upholding customer service levels.
- Oversee the management and upkeep of vendors and material data integrity within ERP systems.
- Contribute to the formulation of corporate Category Strategies and processes, incorporating supplier and product requirements.
- Regularly communicate market price trends to the leadership team, providing valuable insights to inform business planning discussions.
Required Competencies
Composure and Resilience: Demonstrates the ability to manage pressure effectively, maintain concentration and determination, and sustain optimism and perseverance, even in challenging circumstances. Possesses the capacity to bounce back swiftly from setbacks, rejections, and conflicts, maintaining self-possession in the face of adversity or confrontation.
Negotiation: Identifies pivotal bargaining points for all stakeholders and adeptly navigates discussions towards mutually beneficial outcomes.
Relationship Building: Cultivates enduring professional connections built on trust, ensuring mutual commitment to the best interests of all involved parties, while demonstrating sufficient competence to achieve positive results consistently.
Coaching and Development: Dedicates meaningful time and structured support to guide direct reports, fostering an environment where they can recognize their strengths and areas for growth across various high-quality competencies.
Deliberative Decision Making: Methodically collects, assesses, and analyzes pertinent information, ensuring thoughtful deliberation before taking action, thus arriving at logical and well-founded conclusions.
Driving Results: Inspires individuals to surpass objectives by instilling accountability, setting clear performance standards, aligning expectations, monitoring progress, and delivering timely feedback.
Business Acumen: Makes informed business judgments grounded in a comprehensive comprehension of the companies business model, strategic objectives, relevant policies, and industry best practices, leveraging current technologies within their domain.
Requirements
- Over 10 years of experience in Procurement/Supply Chain or related roles within a Manufacturing Environment, with at least 5 years in a managerial capacity.
- Bachelors degree in Supply Chain, Business, or Engineering; Masters degree preferred.
- Proficient in analytical skills, with certification such as black belt or green belt considered advantageous. Proven track record of leveraging data analysis and Business Intelligence tools to identify and seize opportunities.
- Demonstrated ability to lead effectively across organizational boundaries, fostering collaboration and achieving collective objectives.
- Strong commitment to developing team members, guiding them to enhance their capabilities and excel in their roles.
- Positive outlook and adept at cultivating value-driven relationships with suppliers.
- Experience in devising and implementing effective Key Performance Indicators (KPIs), and employing innovative strategies to address performance gaps against established metrics.
