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Vice President of Procurement

Date Posted: 9/1/2020

Job #1576194
Permanent
Manchester, Connecticut
Executive

VP, Global Procurement (Chief Procurement Officer)

In this highly visible role of Chief Procurement Officer (CPO), you will lead our global procurement initiatives including leadership responsibilities for value-added procurement planning, strategic sourcing and contract management. 

You will have a measurable, direct impact on the financial performance of our global business through the delivery of significant savings and cash/working capital improvements in collaboration with our broader procurement network.

Reports to:  Executive Vice President & Chief Financial Officer

Primary Responsibilities

  • Build a multi-year roadmap to execute effective sourcing strategies, achieve best value supplier selection, and deliver on sourcing objectives including supplier quality, delivery, working capital improvements and productivity
  • Provide advice, functional expertise and leadership to support business planning, strategic sourcing, contracting, transactional purchasing, supplier management, and internal procurement support activities
  • Partner with business leaders and procurement teams to deliver an annual operating plan for savings and working capital improvement
  • Design and develop a Center of Excellence (CoE) to support the transformation of both the function and value chain
  • Implement modern technology, best practices, benchmarks and scorecards to drive a culture of performance excellence, continuous improvement and cost-savings
  • Partner with business leads to enhance procurement skillsets, capabilities and competencies across the organization
  • Lead the selection, negotiation, and performance of strategic procurement partners/suppliers for named commodities
  • Support the broader procurement organization in the negotiation of complex proposals
  • Prepare and review contracts, requests for proposals (RFPs), and supplier/customer agreements for legal accuracy, price, and acceptability of items to specifications
  • Uphold high standards of conduct to prevent conflicts of interest or improper supplier and customer relationships

 

Year 1 Objectives:

 

  1. Drive immediate value by deploying holistic view of raw material category management to consider qualification of alternative sources and/or change in product specifications
  2. Drive immediate value by executing centralized approach to sourcing strategy and assigning clear roles & responsibilities, including cost savings targets, to category managers
  3. Drive immediate value by quickly establishing and executing a comprehensive MRO strategy
  4. Drive immediate value by upgrading capabilities and establishing an effective centralized governance and operating model

 

Education, Skills, Experience:

 

  • Bachelor's degree in Business or related operations discipline
  • 15+ years of direct, indirect purchasing and operational management experience
  • Strategic and analytical mindset
  • Strong partnership, influencing and relationship building skills at a senior level
  • Proven experience leading broad organizational change and procurement transformation
  • Demonstrated ability to hire and develop top talent within a decentralized procurement organization  
  • Superior negotiation and communication skills
  • Experience influencing in a global matrixed organization
  • Accredited supply chain professional certification
  • Familiarity with the following raw materials/commodities desired: structural polymers, fibers, and aluminum (or other similar commodity metals)
#LucasHMG

 

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