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The role will add value by reducing costs and through excellence in procurement strategy development and implementation, supply-based management, supplier relationship management, and transactional procurement processes.
The role will add value by reducing costs and through excellence in procurement strategy development and implementation, supply-based management, supplier relationship management, and transactional procurement processes.
RESPONSIBILITIES:
Purchasing Organization
· Oversee and elevate the end-to-end procurement process including strategy, supplier identification, sourcing execution, contract negotiation, delivery planning, procure-to-pay, and ongoing performance management and improvement.
· Lead key categories within procurement structure, may include both Product and Non-Product related.
· Act as key point of contact for related categories externally and internally. Responsible for cross-business commodity coordination as required.
· Align teams around the supplier strategy and supply base consolidation.
· Assess, develop and implement Purchasing outsourcing strategy.
Purchasing Performance Optimization
· Ensure the optimum Purchasing performance to achieve security of supply, quality, cost, timing, environmental, safety, sustainability and technology requirements in line with business objectives.
· Ensure continuous delivery of double-digit annual purchasing savings through aggressive cost innovation.
· Drive spend leverage for select direct material to realize significantly higher savings.
· Deliver committed Key Performance Indicators (e.g. savings and DPO).
· Prioritize data analytics to accelerate digitization of the procurement and supply chain organizations to ensure stronger inventory management practices and provide accurate forecasts to prevent shortages.
· Assess and improve current procurement center of excellence organization.
· Roll out global materials forecasts and drive material lead-time reduction programs.
· Manage and optimize supply base by rationalizing and implementing and managing stringent procedures on supplier quality assurance.
· Recruit, retain, and develop a global, culturally diverse team while driving a transition to a new organizational model. Note, a large cohort of the procurement organization are in Asia.
· Drive the implementation of Purchasing Contract Management, aligning processes, master data management and negotiation time schedules.
· Improve knowledge management and contract templates.
· Continue enhancing the skill sets of the broad Purchasing organization, while coaching and developing key individuals.
· Practice thoughtful succession planning and build a robust bench of future leaders.
QUALIFICATIONS:
· Bachelor’s degree in business administration, supply chain management, or related field. MBA or relevant master’s degree preferred.
· 10+ years of experience in procurement operations management, with a focus on sourcing.
· Proven experience in managing complex initiatives, including technology adoption and change management.
· Strong analytical and problem-solving skills, with the ability to leverage data and insights to drive business outcomes.
· Excellent leadership and people management skills, with a track record of building and leading high-performing teams.
· Strong communication and collaboration skills, with the ability to effectively engage with stakeholders at all levels of the organization.
· Knowledge of procurement regulations and standards, including risk management, compliance, and governance.
· Experience in project management, process improvement, and operational excellence methodologies such as Lean, Six Sigma, or Agile.
Critical Leadership Capabilities:
· Grows our Business – translates future possibilities into breakthrough strategies using a balanced global view that leads the organization from inspiration to execution of successful outcomes.
· Leads our People – creates an exceptional place to work that delivers excellence through inspiring, coaching and engaging our people.
· Shapes the future – identifies what is next on the horizon, evaluates emerging opportunities. evolves and reimagines more innovative ways to drive future success for the business.
Compensation & Benefits Details
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