Operations

Director of Procurement

Looking to hire your next Director of Procurement? Here’s a full job description template to use as a guide.

About Vintti

Vintti is a staffing agency that leverages the geographical advantage of Latin America to benefit US businesses. We connect companies with professionals who work in time zones closely aligned with or identical to US hours, ensuring seamless communication and collaboration. This synchronicity allows for real-time interaction, enhancing productivity and eliminating the delays often associated with offshore staffing.

Description

The Director of Procurement plays a pivotal role in an organization by overseeing the strategic sourcing and procurement of goods and services. This position ensures that procurement activities align with company goals, promoting cost-effectiveness and sustainability. The Director of Procurement leads a team of procurement professionals, negotiates with suppliers, and implements procurement policies and procedures. They are responsible for optimizing supply chain efficiency, managing budgets, and mitigating risks associated with supply disruptions. The Director of Procurement also fosters relationships with key suppliers and stakeholders to ensure the timely and efficient acquisition of resources essential for operational success.

Requirements

- Bachelor's degree in Supply Chain Management, Business Administration, or a related field
- Minimum of 10 years of experience in procurement, with at least 5 years in a leadership role
- Proven track record of developing and executing successful procurement strategies
- Strong negotiation skills and thorough understanding of contract management
- Excellent leadership and team management skills
- Proficiency in procurement software and tools
- In-depth knowledge of market analysis, supplier evaluation, and performance metrics
- Strong understanding of industry standards, legal regulations, and compliance requirements
- Ability to analyze complex data and market trends to make informed decisions
- Exceptional problem-solving and conflict resolution skills
- Excellent communication and interpersonal skills
- Strong organizational and multitasking abilities
- Experience with cost reduction and continuous improvement initiatives
- Ability to work collaboratively with cross-functional teams
- Strong presentation skills and ability to articulate procurement strategies to senior management
- Certified Professional in Supply Management (CPSM) or similar certification preferred
- Experience in conducting supplier audits and performance evaluations

Responsabilities

- Develop and implement procurement strategies to enhance efficiency and reduce costs
- Oversee vendor selection, contract negotiation, and purchase order processes
- Supervise and mentor procurement managers and specialists
- Analyze market trends, supplier performance, and procurement metrics
- Maintain relationships with key suppliers and stakeholders
- Ensure compliance with company policies, industry standards, and legal regulations
- Identify and mitigate supply chain risks
- Collaborate with finance, operations, and quality assurance teams
- Lead cost reduction initiatives and continuous improvement projects
- Prepare and present procurement reports and budget forecasts
- Evaluate and implement procurement software and tools
- Conduct supplier audits and performance reviews
- Manage contract lifecycle, including renewals, amendments, and terminations
- Resolve conflicts and disputes with suppliers
- Participate in strategic planning sessions and contribute to long-term procurement goals

Ideal Candidate

The ideal candidate for the Director of Procurement role will be a seasoned professional with a minimum of 10 years of extensive experience in procurement, including at least 5 years in a leadership capacity, and a Bachelor's degree in Supply Chain Management, Business Administration, or a related field. They will possess a proven track record of developing and executing successful procurement strategies that drive cost savings and operational efficiencies. This individual will demonstrate exceptional analytical skills to assess market trends and supplier performance, coupled with strong negotiation and contract management capabilities. They will bring a strategic vision for long-term procurement planning and showcase excellence in leadership, inspiring and mentoring a high-performing team. Their technical proficiency in procurement software, combined with a deep understanding of market analysis, supplier evaluation, and compliance requirements, will set them apart. The ideal candidate will exemplify high integrity, ethical decision-making, and resilience in managing supply chain disruptions and market changes. Their exceptional communication and interpersonal skills will enable effective collaboration with internal and external stakeholders, and their proactive problem-solving mindset will focus on continuous improvement initiatives. This candidate will be highly organized, detail-oriented, and adept at juggling multiple priorities and projects. Preferred qualifications include CPSM certification and experience in conducting supplier audits and performance assessments. They will be committed to professional development, staying current with industry trends, and demonstrate a results-oriented approach with a history of delivering significant cost savings and efficiency improvements.

On a typical day, you will...

- Develop and execute procurement strategies to optimize efficiency and cost-saving
- Manage procurement processes, including vendor selection, contract negotiation, and purchase orders
- Supervise and mentor a team of procurement managers and specialists
- Analyze and monitor market trends, supplier performance, and procurement metrics
- Establish and maintain relationships with key suppliers and stakeholders
- Ensure compliance with company policies, industry standards, and legal regulations
- Identify and mitigate risks related to supply chain disruptions
- Collaborate with cross-functional teams such as finance, operations, and quality assurance
- Lead cost reduction initiatives and continuous improvement projects
- Prepare and present procurement reports and budget forecasts to senior management
- Evaluate and implement procurement software and tools to improve operational efficiency
- Conduct supplier audits and performance reviews to ensure quality and reliability
- Manage contract lifecycle including renewals, amendments, and termination
- Resolve conflicts and disputes with suppliers in a professional and timely manner
- Participate in strategic planning sessions and contribute to long-term procurement goals

What we are looking for

- Strategic thinker with a vision for long-term procurement planning
- Strong leadership capabilities and ability to inspire and mentor a team
- Exceptional analytical skills to assess market trends and supplier performance
- Excellent negotiation and contract management skills
- High level of integrity and ethical decision-making
- Strong communication skills to effectively collaborate with internal and external stakeholders
- Ability to thrive in a fast-paced and dynamic work environment
- Proactive problem solver with a focus on continuous improvement
- Strong organizational skills and attention to detail
- Ability to manage multiple priorities and projects simultaneously
- Resilient and adaptable in the face of supply chain disruptions and market changes
- Collaborative mindset to work effectively with cross-functional teams
- Commitment to professional development and staying current with industry trends
- High degree of professionalism in handling supplier relationships and conflicts
- Results-oriented with a track record of delivering cost savings and efficiency improvements

What you can expect (benefits)

- Competitive salary commensurate with experience
- Performance-based bonuses
- Comprehensive health, dental, and vision insurance
- Flexible work hours and remote work options
- Generous paid time off (PTO) and holidays
- Retirement savings plan with company matching contributions
- Professional development opportunities and tuition reimbursement
- Company-sponsored training programs and certifications
- Wellness programs and on-site fitness facilities
- Employee assistance programs (EAP)
- Travel allowances and expense reimbursements
- Employee discount programs and corporate memberships
- Opportunities for advancement and career growth within the organization
- Paid parental leave and family support programs
- Employee recognition and rewards programs

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