Vice President – Global Purchasing and Strategic Sourcing

Responsibilities:

• Establish and implement short and long-range organizational goals and objectives related to sourcing, purchasing and procurement efforts. Set clear goals for company cost savings, value creation and vendor performance in context of operating plans and budgets.
• Develop and implement sourcing and procurement best practice operating policies, procedures and methods for the company, including development, implementation and administration of standardized RFP and RFI methodology.
• Lead organization through global sourcing process and ensure sourcing decisions are consistent with overall company strategy, policy and needs. Focus on sourcing strategies including determination of eligible suppliers and coordination of the overall sourcing process.
• Responsible for negotiating all procurement related efforts and ensuring service levels are maintained with vendors. Create standardized agreements, contracts and standing orders with qualified vendors, which contain the benefits (price, service, technology, inventory management, quality, etc.) for the company. Maintain contract files, contract calendars, supplier performance scorecards and purchase price variance analysis.
• Develop analytical tools to be used to assess cost saving opportunities within various spend categories taking into account product costs, reliability, and in-house labor components as applicable.
• Develop methodology, tools and reporting to monitor company-wide compliance related to contract agreements. Provide information to operations teams, development staff and other internal sources so that compliance can be easily enforced according to company policy. Use technology to lock out non-compliance where appropriate.
• Work with development and construction team to assist with purchasing requirement for new construction/major rehabs and provide purchasing assistance as needed. Ensure items for new developments are in compliance with our contracting agreements and procurement policies and are standard product choices.
• Work with operations team to make choices for product standardizations across the portfolio.
• Leverage deep understanding of procurement industry, supplier dynamics, and trends to determine sources of cost saving opportunities.
• Assess opportunities for employee discounts and perks through national contracting and volume discounts.

Requirements:

• Bachelor’s degree (B.A. or B.S.) in Business, Accounting, Finance, or related field from a four-year college or university or relevant work experience.
• 10+ years of progressive strategic sourcing and procurement experience in a large corporate environment or equivalent type organization.
• Thorough knowledge of various sourcing strategies, concepts and practices including formal and informal bidding processes, RFI, RFQ, RFP, reverse auction, negotiate bids, etc. 
• A proven track record of cost reduction and productivity improvements; ability to influence and drive change while building solid relationships with your clients and vendors.
• Strong knowledge of latest technology related to strategic sourcing/procurement including but not limited to e-procurement, p-cards and procurement systems.
• Strong negotiation skills, contract management, project management skills and communication skills.
• Strong organization and prioritization skills.
• Must be detail oriented, self-motivated, and willing to take initiative to get work done.
• Ability to work independently and as part of a team.
• Professional designation as a Certified Purchasing Manager (CPM) and or/other professional membership affiliations desired.
• Ability to travel up to 50 – 70%% of the time.
• Prior sourcing experience in the Machine to Machine/ Industrial Internet of Things industry is a requirement.

Please send your full resume in Ms Word Format with present and expected salary

All information provided will be used for recruitment purpose only

Only shortlisted candidates will be notified.