VP, Global Procurement (Chief Procurement Officer)
In this highly visible role of Chief Procurement Officer (CPO), you will lead our global procurement initiatives including leadership responsibilities for value-added procurement planning, strategic sourcing and contract management.
You will have a measurable, direct impact on the financial performance of our global business through the delivery of significant savings and cash/working capital improvements in collaboration with our broader procurement network.
Reports to: Executive Vice President & Chief Financial Officer
Primary Responsibilities
- Build a multi-year roadmap to execute effective sourcing strategies, achieve best value supplier selection, and deliver on sourcing objectives including supplier quality, delivery, working capital improvements and productivity
- Provide advice, functional expertise and leadership to support business planning, strategic sourcing, contracting, transactional purchasing, supplier management, and internal procurement support activities
- Partner with business leaders and procurement teams to deliver an annual operating plan for savings and working capital improvement
- Design and develop a Center of Excellence (CoE) to support the transformation of both the function and value chain
- Implement modern technology, best practices, benchmarks and scorecards to drive a culture of performance excellence, continuous improvement and cost-savings
- Partner with business leads to enhance procurement skillsets, capabilities and competencies across the organization
- Lead the selection, negotiation, and performance of strategic procurement partners/suppliers for named commodities
- Support the broader procurement organization in the negotiation of complex proposals
- Prepare and review contracts, requests for proposals (RFPs), and supplier/customer agreements for legal accuracy, price, and acceptability of items to specifications
- Uphold high standards of conduct to prevent conflicts of interest or improper supplier and customer relationships
Year 1 Objectives:
- Drive immediate value by deploying holistic view of raw material category management to consider qualification of alternative sources and/or change in product specifications
- Drive immediate value by executing centralized approach to sourcing strategy and assigning clear roles & responsibilities, including cost savings targets, to category managers
- Drive immediate value by quickly establishing and executing a comprehensive MRO strategy
- Drive immediate value by upgrading capabilities and establishing an effective centralized governance and operating model
Education, Skills, Experience:
- Bachelor's degree in Business or related operations discipline
- 15+ years of direct, indirect purchasing and operational management experience
- Strategic and analytical mindset
- Strong partnership, influencing and relationship building skills at a senior level
- Proven experience leading broad organizational change and procurement transformation
- Demonstrated ability to hire and develop top talent within a decentralized procurement organization
- Superior negotiation and communication skills
- Experience influencing in a global matrixed organization
- Accredited supply chain professional certification
- Familiarity with the following raw materials/commodities desired: structural polymers, fibers, and aluminum (or other similar commodity metals)
