The Vice President of Strategic Purchasing will lead and oversee the strategic procurement function, developing and implementing effective procurement strategies to optimize sourcing and acquisition of goods and services, while maintaining strong supplier relationships and adhering to ethical and sustainable procurement practices.
Requirements
- Develop and implement procurement strategies aligned with the organization's goals and objectives.
- Lead and manage a team of procurement professionals.
- Establish and maintain relationships with key suppliers.
- Identify cost-saving opportunities through effective negotiation, strategic sourcing, and supplier consolidation.
- Ensure compliance with procurement policies, procedures, and regulatory requirements.
- Monitor market trends and developments to identify new sourcing opportunities and potential risks.
- Drive continuous improvement initiatives to streamline procurement processes and enhance operational efficiency.
- Implement sustainable procurement practices, including the evaluation of suppliers' environmental and social impact.
- Develop and maintain metrics and key performance indicators (KPIs) to measure procurement effectiveness and identify areas for improvement.
- Stay updated on industry best practices and emerging trends in procurement and supply chain management.