Position Summary
The Procurement Director leads the execution and continued development of the enterprise procurement and vendor management function. The role owns procurement strategy, category planning, strategic sourcing, complex commercial negotiations, supplier governance, and procurement performance reporting, while ensuring alignment with business priorities, financial objectives, risk requirements, and company policies.
Working closely with business leaders, Legal, Finance, Information Security, Risk, and operational teams, the Director converts business demand and spend insights into actionable sourcing plans, measurable savings, stronger supplier performance, and timely contract outcomes. The role also provides day-to-day leadership, coaching, and prioritization for Procurement team members.
Key Responsibilities
Procurement Strategy and Category Leadership (25%)
- Execute the annual procurement plan, category strategies, sourcing pipeline, and savings roadmap in alignment with business and financial priorities.
- Use spend, market, supplier, and demand analysis to identify consolidation, cost optimization, competitive sourcing, and contract improvement opportunities.
- Establish sourcing approaches and negotiation strategies for key IT, software, cloud, telecom, Hardware and operational categories.
- Advise senior leadership on market trends, procurement risks, commercial options, investment trade-offs, and supplier strategies.
Strategic Sourcing and Commercial Leadership (30%)
- Lead high-value, complex, and business-critical sourcing engagements from intake and market assessment through competitive process, negotiation, approval, and contract execution.
- Direct RFIs, RFQs, and RFPs; establish evaluation criteria; facilitate stakeholder scoring; conduct commercial analysis; and present recommendations and business cases to decision-makers.
- Lead negotiations with strategic suppliers on pricing, service levels, liability, risk allocation, implementation commitments, renewal protections, and other key commercial and contractual terms.
- Partner with Legal and control functions to resolve complex issues, document risk-based recommendations, and escalate material decisions to the appropriate executives.
- Oversee renewals, amendments, change orders, and Statements of Work to ensure commercial value, clear deliverables, acceptance criteria, and appropriate governance.
Governance Vendor Risk and Performance (20%)
- Own procurement policies, approval standards, sourcing and contracting playbooks, and compliance controls; monitor adoption and address process gaps.
- Ensure supplier onboarding, due diligence, and contracting activities are coordinated with Legal, Information Security, Risk, Finance, and other required reviewers.
- Follow the risk-based vendor governance and performance framework, including service reviews, scorecards, remediation plans, executive escalation, and renewal decisions for critical suppliers.
- Maintain visibility into key contract obligations, renewals, concentration risks, service issues, and commercial exposures, and provide clear recommendations to leadership.
Operations Analytics and Transformation (15%)
- Own the procurement engagement tracker, contract pipeline, renewal calendar, spend reporting, and leadership dashboards, ensuring data is accurate, timely, and decision-useful.
- Define and report procurement KPIs, including savings and cost avoidance, cycle time, sourcing activity, contract completion, renewal readiness, supplier performance, and onboarding progress.
- Drive process improvement through workflow redesign, automation, standardized templates, user guidance, and effective use of source-to-contract, CLM, ERP, and reporting tools.
Team and Stakeholder L