Director of Procurement

Job Details

Director of Procurement needed for a leading food manufacturing company. This position is onsite in Boston, MA. The Director of Procurement will be responsible for executing the strategy for procuring all ingredients, packaging, and indirect goods and services necessary to support the business. This role is accountable for managing current relationships with suppliers, evaluating market trends and pricing movements to ensure competitive supplier pricing while ensuring the highest quality and service standards are met.

This role requires a strategic thinker with a proven track record in negotiating contracts and managing relationships with suppliers.

Generous base compensation and bonus plan. Relocation provided.

Key Responsibilities:

• Develop and implement procurement strategies that align with company goals and operational needs.
• Ensures long-term supply and cost certainty through implementation and execution of forward-looking procurement and buying/ coverage strategies.
• Guiding the senior leadership on risks identified by procurement, quality, and R&D and proposing alternatives solutions.
• Creates balanced scorecard for cost, quality, service and people related metrics.
• Sets year-over-year productivity cost reduction plan to meet business objectives.
• Supports new products launches and innovation.
• Establishes professional relationships with senior leadership to drive forward the direct materials and indirect procurement vision.
• Reviews and analyzes monthly purchase price variance (PPV), while regularly reviewing the indirect procurement cost plan.
• Operates with a hands-on approach, and willingness to roll up their sleeves as needed to address business needs.
• Enables the development of the procurement team through coaching, on-the-job training, formal training and career development planning.
• Commitment to safety begins with management. Managers and frontline supervisors are accountable for creating and maintaining a culture of Safety and assuring a safe work environment.
• Manage the entire lifecycle of the procurement process, from supplier selection and negotiation to contract management and compliance.
• Lead cost reduction initiatives through strategic sourcing, vendor negotiations, and process improvements.
• Oversee the procurement team, providing guidance and leadership to achieve departmental and organizational objectives.
• Collaborate with other departments, such as production, quality control, and finance, to ensure a smooth supply chain process.
• Monitor market trends and supplier performance to adjust procurement strategies as necessary.
• Ensure compliance with industry regulations and standards related to food safety and quality.
• Develop and maintain strong relationships with key suppliers and stakeholders.

Qualifications:

• Bachelor s degree in Business Administration, Supply Chain Management, or related field. Master s degree preferred.
• 10+ years of experience in procurement or supply chain management, with at least 5 years in a procurement leadership role within the food manufacturing industry.
• Experience in utilizing a 7-step (or similar) strategic sourcing methodology to develop category strategies, source, negotiate and manage suppliers to deliver total lowest cost materials and mitigate the supply risks.
• Experience in global sourcing preferred.
• Strong negotiation skills and experience managing large-scale contracts.
• Excellent analytical and problem-solving skills.
• Proven ability to lead and manage a team effectively.
• Strong communication and interpersonal skills, capable of working collaboratively across multiple departments.
• Proficient in procurement software and supply chain management systems.

What We Offer:

• Competitive salary and benefits package.
• Opportunities for professional growth and development.
• A dynamic and supportive work environment.
• The chance to be part of a company that values sustainability and innovation.

 Team Builders Recruiting and Consulting, LLC

 06/01/2024

 Boston,MA