Director of Global Procurement
4 weeks ago
In this position, you will be responsible for overseeing global procurement priorities while instilling strategic procurement principles within the team. We seek a leader that can deliver breakthrough savings via Purchase Price Variance while simultaneously protecting the business through Risk Mitigation and supplier management.
Responsibilities- Manage vendor relationships, serving as a point of escalation and driving issue resolution
- Evaluate and analyze current vendor spend and contracts for potential savings
- Develop cost-effective strategies for purchasing supplies and services
- Source and engage new vendors while maintaining relationships with existing ones
- Collaborate with internal stakeholders to develop criteria and best practices for vendor selection
- Oversee reporting on vendor contracts, performance, risk, and relationships to key stakeholders
- Maintain a repository of vendors and track engagement milestones
- Measure and report vendor performance, maintaining risk assessments in collaboration with other teams
- Source, evaluate, and select vendors aligning with business requirements and standards
- Optimize strategy for negotiating terms supporting the company's goals, including cost, technical, and operational aspects
- Draft and negotiate contractual terms with vendors in collaboration with the legal department
- Control spend and foster a culture of long-term cost savings
- Manage all vendor Request for Proposal (RFP) processes
- Lead and mentor a team of Strategic Sourcing Managers and Strategic Technical Buyers
- Invest in team members' professional growth. Provide training, workshops, and mentorship
- Create Strategic Vision: Identify, establish relationships with, and manage engagement with strategic suppliers supporting the Ortho business development
- Develop global procurement strategy aligned with corporate and business priorities
- Partner with cross-functional teams to align the supply chain with broader strategic goals
- Ensure critical supply chain data is available for proactive risk mitigation
- Bachelor's degree in business administration, management, procurement/sourcing, or a reasonable equivalent field
- A Master of Business Administration (M.B.A.) or other advanced degree is desirable
- 10+ years of experience of progressive sourcing responsibilities, spend responsibilities in excess of $300 Million USD, management experience, and a thorough understanding and experience in sourcing processes and practices
- Experience in project management
- Past success with leading and developing a strong team
- Excellent communication skills, including influencing cross-functional stakeholders at the C-level
- Demonstrated ability to thrive in a fast-paced, innovative, and cross-functional environment to achieve business objectives
- Excellent negotiation, communication, and relationship-building skills
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