Job Title: Global Vice President of Procurement
Company Overview: Join a world-class Healthcare organization, As a leader in their industry, they are dedicated to sustainable growth and superior performance. they seek a strategic, visionary leader to guide our procurement function and drive value across the organization.
Position Summary: The Global Vice President of Procurement will be responsible for defining and executing the short- and long-term procurement strategy to support the company's global operations. This role demands an exceptional leader who can navigate complex and challenging markets while fostering a culture of collaboration and high performance within a diverse, global team of over 350 procurement professionals. Frequent travel throughout North America, Europe, and the Asia-Pacific regions is expected.
Key Responsibilities:
Strategic Leadership:- Develop and implement a comprehensive procurement strategy aligned with the organization's business goals, focusing on innovation, cost efficiency, and risk mitigation.
- Lead the procurement function in defining short- and long-term objectives, ensuring alignment with overall corporate strategy.
Market Navigation:- Analyze global market trends, economic conditions, and competitive landscapes to inform strategic decision-making and identify opportunities for competitive advantage.
- Design procurement approaches tailored to navigate complex market dynamics, including geopolitical factors, supply chain disruptions, and evolving customer demands.
Team Management and Development:- Oversee a diverse team of over 350 procurement professionals globally, fostering a culture of accountability, collaboration, and continuous improvement.
- Implement training and development programs to enhance team capabilities, ensuring staff are equipped with the latest procurement best practices and technologies.
Supplier Relationship Management:- Cultivate and maintain strategic partnerships with key suppliers, negotiating contracts that drive mutual value and foster innovation.
- Establish a robust supplier performance management framework to monitor and improve supplier contributions to organizational objectives.
Cross-Functional Collaboration:- Partner with senior leaders across various departments, including finance, operations, and R&D, to ensure procurement strategies support product development, manufacturing, and overall business objectives.
- Drive cross-functional initiatives that promote shared goals and enhance organizational efficiency.
Cost Optimization and Value Creation:- Identify and implement cost-saving initiatives and process improvements that contribute to the organization's profitability while maintaining quality and compliance.
- Leverage data analytics to drive informed decision-making and enhance procurement processes.
Risk Management and Compliance:- Develop and implement risk management strategies to identify, assess, and mitigate procurement-related risks across global operations.
- Ensure adherence to regulatory requirements and internal policies, promoting ethical sourcing practices and sustainability.
Change Management:- Lead transformation initiatives within the procurement function, driving process improvements, technology adoption, and cultural shifts to enhance organizational effectiveness.
- Communicate effectively with stakeholders to gain buy-in and facilitate smooth transitions during periods of change.
Travel and Stakeholder Engagement:- Engage with regional teams through frequent travel to North America, Europe, and APAC, building relationships and ensuring alignment with global procurement strategies.
- Represent the procurement function at executive-level meetings and industry conferences, showcasing best practices and thought leadership.
Qualifications:
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field; MBA or relevant certification preferred.
- 10+ years of progressive experience in procurement, with a proven track record of leadership at the executive level in a global organization.
- Exceptional strategic thinking and problem-solving skills, with the ability to navigate complex global markets.
- Proven experience in leading large, diverse teams across multiple regions.
- Strong negotiation and contract management skills, with a history of driving cost efficiencies and value creation.
- Excellent interpersonal and communication skills, capable of engaging and influencing stakeholders at all levels.
- Willingness to travel frequently across North America, Europe, and APAC regions.
What they Offer:
- Competitive executive compensation package with performance incentives.
- Comprehensive benefits, including health, retirement, and wellness programs.
- Opportunities for professional growth and development in a dynamic, global environment.
- A culture that values innovation, diversity, and collaboration.
How to Apply: Interested candidates should submit their resume and a member of the skills Alliance team will be in contact with you.