Chief Procurement Officer

2 weeks ago


Aurora, Colorado, United States Advanced Circuits Full time
Job Overview

Chief Procurement Officer

Position Summary:

Advanced Circuits is on the lookout for a seasoned and strategic professional to take on the role of Chief Procurement Officer. This pivotal position reports directly to the Chief Operating Officer (COO) and is tasked with the formulation and execution of procurement strategies, enhancing supply chain efficiencies, ensuring compliance with certifications, and spearheading initiatives aimed at cost reduction.

Key Responsibilities:

  • Manage the entire supply chain process, from procurement through to distribution.
  • Formulate and execute strategic plans to align with vendors effectively.
  • Streamline the distribution of Purchase Orders (POs) among primary suppliers.
  • Oversee purchasing operations for all manufacturing facilities, including assembly.
  • Ensure thorough procurement documentation to uphold certification standards.
  • Craft site-specific strategies for raw material inventory management, ensuring availability and optimizing inventory turnover.
  • Analyze Profit and Loss (P&L) variances related to materials and supplies.
  • Monitor supplier performance and initiate improvement strategies.
  • Negotiate and manage contracts for services, capital expenditures (capex), and raw materials.
  • Implement cost-saving strategies through best practices and supplier alignment.
  • Guarantee continuity of supply chain vendors and services.
  • Devise effective and economical strategies for procuring materials essential to operations.
  • Maintain strong relationships with suppliers while continuously exploring new vendor opportunities.
  • Assess spending operations to identify enhancements in product quality and delivery timelines.
  • Regularly communicate with management regarding the efficient flow of goods and services impacting production.
  • Conduct cost analyses and establish benchmarks for performance improvement.
  • Develop risk management protocols to mitigate potential losses from product shortages.
  • Lead a purchasing team and delegate responsibilities across departments as necessary.

Qualifications:

  • Bachelor's degree in business, supply chain management, or a related discipline; an MBA or advanced degree is preferred.
  • A minimum of 5 years of experience in the Printed Circuit Board (PCB) sector.
  • 15-20 years of progressive experience in procurement, strategic sourcing, and supply chain management, with at least 15 years focused on manufacturing.
  • Proven ability to analyze and interpret extensive datasets on customer usage to uncover insights for new products.
  • Demonstrated success in developing and implementing procurement strategies that yield cost savings, efficiency improvements, and value creation.
  • Strong negotiation skills with substantial experience in contract management and supplier relationship management.
  • Proven track record in building and nurturing procurement and supply chain teams.
  • Exceptional verbal and written communication abilities.
  • Excellent interpersonal skills with a proven capacity to maintain positive relationships with vendors, suppliers, and customers.
  • Strong leadership and supervisory skills.
  • Outstanding organizational abilities and attention to detail.
  • Comprehensive understanding of company products and logistics processes.
  • Strong analytical and problem-solving skills.
  • Proficiency in Microsoft Office Suite or similar software.
Company Overview

Founded in 1989, Advanced Circuits ranks among the top two board fabricators in the United States. Renowned for its expedited turnaround capabilities and reliable shipping record, the company excels in commercial PCB, high-reliability, and RFP documentation in the high technology sector.

Advanced Circuits provides individuals with opportunities to leverage their skills for the company's growth. The organization fosters a culture that prioritizes customer service, encourages risk-taking, and embraces new opportunities. The company prides itself on its "Can Do Attitude," delivering exceptional service and exceeding customer expectations.



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