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Procurement Director, Divisional Leader
2 months ago
Location: NJ
Position Summary:
As a key member of the Catalent team, the Director Procurement, Divisional Lead will be responsible for leading the procurement function across multiple sites, sourcing and procuring materials, services, and capital. This role will involve leading site procurement teams, initiating and fostering relationships with site stakeholders, and establishing and prioritizing activities for their site teams to achieve objectives and results.
The Role:
- Ensure site procurement is engaged and aligned with internal customers/stakeholders, gaining stakeholder and leadership support across the sites.
- Utilize sourcing and category management processes across sites to understand business requirements, build the portfolio of purchasing projects, and develop sourcing strategies aligned to stakeholder needs.
- Identify opportunities, synergies, and risk mitigation across sites to drive procurement value creation.
- Develop a pipeline of opportunities (savings, cash flow, growth, other value), representing local, regional, and global initiatives.
- Ensure annual procurement budget (savings, cost avoidance, inflation) are met.
- Integrate with the Global Procurement Organization (GPO), including Category Management, Supplier Relationship Management, Capital, CSR/D&I, and PMO to ensure regions are aligned with GPO initiatives.
- Actively participate in building and/or delivering Operational Excellence, Quarterly Business Reviews, and other site procurement updates and messaging to stakeholders.
- Design, socialize, and implement a regional procurement organization, in alignment with the GPO Roadmap and Divisional strategic needs.
- Execute succession planning and talent development for key positions.
- Ensure sites are utilizing tools for net cost monitoring, reporting, and communicating procurement progress.
- Minimize the impact of supplier shortages by proactively identifying and resolving potential material supply issues, timely communication, collaborating with Supply Chain for inventory build, and proper escalation.
- Demonstrate expertise in the engagement and utilization of sourcing and procurement tools, including RFx's, contracting, and scorecards/reports/communications.
- Ensure that site procurement teams drive compliance to Procurement Policies and Procedures.
- Prepare regional annual sourcing plans linked to annual profit plans to maximize value contribution, drive improvements, and minimize risks.
- Conduct business in an ethical and professional manner to ensure avoidance of all actual and potential conflicts of interest.
The Ideal Candidate:
- Bachelor's degree in Business, Finance, Operations, Supply Chain, or comparable disciplines. Master's preferred; Industry certifications a plus.
- Minimum of 10 years of progressive international experience in a procurement leadership capacity.
- Working knowledge and experience of procurement and best-in-class practices, principles, process, tools, and methodologies.
- Can demonstrate the successful development and implementation of sourcing strategies.
- Clear knowledge and understanding of supply market, industry, and category dynamics.
- A successful track record leading and managing complex negotiations.
- Demonstrates strong business judgment and critical thinking to create and evaluate innovative options and uses a fact-based decision-making process to develop and implement strategies that will drive positive results and deliver value.
- Possesses a strong working knowledge and experience in key procurement areas, including:
- Capital Expenditure
- Commodity Trading
- Insourcing/Outsourcing Analysis and Assessment
- Cost Modeling/Total Cost of Ownership
- Legal and Contract Law
- New Product Development and Sourcing
- Effectively assesses risk and implements mitigation plans to either prevent or minimize impact to ensure business continuity.
- Capable of technical and commercial assessments and appraisals of potential and existing sources of supplies.
- Expertise in supporting Supplier Management and Category Management programs.
- Strong analytical skills, including financial management and metrics.
- Understands the key business drivers and requirements to build and sustain sourcing strategies and best-in-class procurement processes and practices.
- Has a proven track record of engaging and working with stakeholders to understand business requirements and gain support for the development, approval, and implementation of procurement and sourcing strategies.
- Demonstrates strong analytical skills, including and understanding and application of financial analysis tools.
- Keeps abreast of key market information, trends, and innovations needed to continue to drive excellence.
- Direct knowledge of Enterprise Resources Planning software and procurement systems and their functionality.
- Demonstrated leadership expertise and the ability to interact with all levels of management and associates.
- Ability to build and lead functional/cross-functional teams across a region of sites.
- Understands and has experience in successfully managing change initiatives.
- Experience and success as a facilitator.
- Encourages collaboration at all levels across functional boundaries, between procurement and the business.
- Collaborative, strong relationship builder, with a proven track record of establishing and maintaining effective internal and external customer/supplier relationships.
- Actively engages colleagues to make joint decisions and share best practices.
- Strong interpersonal and effective oral and written communication skills.
- Ability to effectively deal with conflict and defuse and resolve difficult situations.
- Ability to influence and persuade others.
- Sensitivity and understanding of cultural differences and the ability to effectively engage on a global basis.
- Demonstrates passion and commitment to achieving and delivering results against established goals and objectives.
- Demonstrates a willingness to constructively challenge the status quo.
- Use of facts, data, and insights to help support an effective and timely decision-making process.
- Understands problems and solves them through the application of experiential, conceptual, and innovative thinking.
Why Catalent?
- Comprehensive Benefit Package (Health, Dental, Vision, & Life Insurance)
- Paid Time Off Programs, including vacation, banked time, and personal time.
- Employee Reward & Recognition programs.
- Opportunities for professional and personal development & growth, including tuition reimbursement.