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.