Full-Time Director of Procurement Strategy

Job Summary: We are seeking a highly skilled and strategic Director of Procurement Strategy and Market Intelligence to lead procurement strategies aligned with business objectives. This role focuses on market research, competitive analysis, and supplier management to ensure efficiency, cost-effectiveness, and forward-thinking.

Key Responsibilities:

• Develop and implement long-term procurement strategies aligned with company goals.
• Identify and evaluate new suppliers, markets, and business opportunities for improved performance.
• Define procurement objectives and performance metrics for improved efficiency, cost savings, and quality.
• Lead gathering and analysis of market data to understand industry trends, commodity price fluctuations, and potential supply chain disruptions.
• Provide actionable insights from market intelligence to inform procurement decisions and strategic planning.
• Monitor competitor activities and the supplier landscape to identify opportunities and risks.
• Work closely with internal stakeholders (finance, operations, marketing) to ensure procurement strategies align with business needs.
• Collaborate with the finance team for procurement forecasts and budget planning.
• Lead, mentor, and develop a high-performing procurement strategy and market intelligence team.
• Foster a culture of continuous improvement, data-driven decision-making, and innovation.
• Analyze market risks (geopolitical, economic) and create strategies to mitigate supply chain risks.
• Ensure all procurement activities comply with company policies, industry standards, and regulatory requirements.
• Report to senior management on procurement performance, market trends, cost-saving initiatives, and risk mitigation.
• Provide regular updates and recommendations to the executive team on procurement strategy and market intelligence insights.
• Collaborate with procurement leadership to develop and execute strategic initiatives.
• Conduct in-depth analysis of procurement operations to identify improvement opportunities.
• Develop and implement operational plans to achieve procurement goals and objectives.
• Oversee the development and implementation of procurement policies and procedures.
• Manage and prioritize multiple projects simultaneously, ensuring timely completion and alignment with organizational goals.
• Streamline procurement processes and improve efficiency through process optimization.
• Develop and implement KPIs to measure procurement performance.
• Analyze procurement data to identify trends and opportunities for cost savings.
• Provide leadership and mentorship to procurement team members.
• Foster a collaborative and high-performance culture.
• Identify training and development needs for procurement staff.
• Build and maintain strong relationships with internal and external stakeholders.
• Effectively communicate procurement strategies and initiatives to stakeholders.
• Resolve conflicts and issues related to procurement operations.
• Provide executive-level support to procurement leadership.
• Prepare presentations and coordinate cross-team inputs for critical meetings and decisions.
• Conduct research and analysis on procurement topics.
• Prepare reports and presentations for senior management.

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