VP, Procurement

Overview:

The Vice President of Procurement provides strategic leadership, direction, and oversight for all global sourcing and purchasing activities. Managing an estimated annual spend of $1B–$1.5B, this executive-level role optimizes supplier networks, drives cost-mitigation strategies, and builds resilient supply chains to support corporate financial goals.

Responsibilities/Essential Functions:

• Strategic Sourcing: Design and execute long-term sourcing strategies across direct and indirect spend categories.


• Supplier Governance: Establish rigorous Key Performance Indicators (KPIs) to evaluate vendor capacity, quality, and risk.


• Cost Optimization: Lead high-value contract negotiations to maximize profitability and capture significant cost savings.


• Risk Management: Build resilient, diversified supply networks to protect against geopolitical and market disruptions.


• Team Leadership: Manage, mentor, and scale a high-performing, centralized procurement and category management organization.


• Technology Modernization: Drive adoption of digital procurement tools, automation, AI, and advanced spend analytics software.


• Cross-Functional Alignment: Collaborate closely with CFO, COO, and business unit leaders to synchronize procurement with corporate growth.

• Sustainability & Compliance: Ensure strict adherence to global trade regulations, ethical sourcing policies, and ESG mandates.

Knowledge/Skills/Abilities:

• Executive-level negotiation and relationship management skills.


• Deep mastery of total cost of ownership (TCO) models.


• Expert knowledge of global trade, tariffs, and macro-economics.


• Strong financial acumen and corporate balance sheet understanding.


• Ability to work across functional boundaries and success in a matrix/network organization


• Strong focus on execution and accountability

Experience/Qualifications:

• Bachelor’s degree in Supply Chain, Business, or Finance. MBA or relevant Master’s degree highly preferred.


• Minimum 12–15 years in procurement/supply chain, with at least 5 years in a senior executive leadership role.


• Proven track record managing direct/indirect spend exceeding $500M within a multi-billion-dollar enterprise.

License Requirements/Certifications:

CPSM, CSCP, or MCIPS credentials are highly preferred.