VP of Procurement
LHH - Westwood, NJ
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Responsibilities:Develop multi-year strategy around optimizing supplier base. Ensure purchasing actions are jointly developed, fully communicated, and correctly integrated into strategic plans and budgets of the organization.Assess current material availability; reasonably predict future availability based on the market, delivery systems, and other variables.Prepares and presents market conditions and raw material cost reports.Manage and support corporate oversight for purchases, across multiple expense categories and create strategic vision for the company as well as driving purchasing synergies to achieve cost savings. Oversee the timely and accurate preparation and processing of purchase orders and requisitions for materials, supplies, and equipment.Originate, approve, and implement comprehensive instructions, policies, and procedures governing procurement and contract management activities.Originate, lead negotiation efforts and govern purchase agreements and vendor contracts with a bias for achievement of quality, delivery, cost containment and process improvement. Identifies and capitalizes on opportunities to reduce purchasing costs.Assess and approve terms and conditions for bid issuance and awarding, ensuring alignment with organizational objectives and industry best practices.Develop and monitor metrics, processes and procedures to measure vendor performance delivery, service, quality and pricing. Resolves grievances with vendors, contractors, and suppliers.Implements and ensures purchasing and recordkeeping systems are maintained.Coordinates removal or disposal of surplus materials.Develop and maintain annual department operating budget that is represented in forecasted vs. actuals and aligned to the business.Requirements:BA/BS in supply chain management, economics, finance, operations, business, accounting or manufacturing related field or equivalent experience preferred. MBA and APICS certification a plus,Minimum of 15 years of experience progressive experience in Sourcing and Procurement, Purchasing, and Supply Inventory planning with a proven ability to lead change.Ability to report on key purchasing metrics with clarity, good visualization, and savvy to present to senior executives.Must be able to access all areas of the facility to determine needs.May require travel approx. 10% to conference, visit suppliers/vendors.Proven ability to lead a team to success while demonstrating strong influential leadership.Pay Details: $140,000.00 to $155,000.00 per yearSearch managed by: Robert Park Equal Opportunity Employer/Veterans/DisabledTo read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.
Created: 2024-05-04