Job Title: Global Procurement Lead
Job Summary: The Global Procurement Lead is a strategic leadership role responsible for overseeing and optimizing the procurement process on a global scale. This position requires a seasoned professional with extensive experience in procurement and supply chain management, as well as the ability to develop and implement strategic initiatives to drive efficiency, cost savings, and sustainable practices across the organization's procurement activities.
Key Responsibilities:
Strategic Procurement Planning:
- Develop and implement a global procurement strategy aligned with the organization's overall business objectives.
- Collaborate with key stakeholders to understand their procurement needs and develop sourcing strategies to meet those requirements.
- Stay abreast of industry trends, market conditions, and emerging technologies to inform strategic procurement decisions.
Supplier Relationship Management:
- Establish and maintain strong relationships with key suppliers globally.
- Negotiate contracts, terms, and conditions with suppliers to ensure favorable agreements for the organization.
- Monitor supplier performance and conduct regular evaluations to ensure compliance with contractual obligations and quality standards.
Cost Management:
- Identify opportunities for cost savings and efficiency improvements in the procurement process.
- Implement best practices in cost management, including conducting cost-benefit analyses and benchmarking against industry standards.
Risk Management:
- Assess and manage risks associated with the global supply chain, including geopolitical, economic, and logistical risks.
- Develop and implement risk mitigation strategies to ensure continuity of supply.
Compliance:
- Ensure compliance with relevant laws, regulations, and company policies in all procurement activities.
- Implement and maintain ethical procurement practices, including adherence to sustainability and social responsibility standards.
Team Leadership:
- Build and lead a high-performing global procurement team.
- Provide mentorship, guidance, and professional development opportunities for team members.
Technology and Innovation:
- Leverage technology and data analytics to enhance procurement processes and decision-making.
- Explore and implement innovative solutions to optimize the procurement lifecycle.
Reporting and Analysis:
- Develop and present regular reports on key procurement metrics, performance, and achievements to executive leadership.
Qualifications:
- Bachelor's degree in business, supply chain management, or a related field; advanced degree preferred.
- Proven experience in global procurement and supply chain management, with a track record of success in optimizing processes and achieving cost savings.
- Strong negotiation and contract management skills.
- Excellent leadership and team management abilities.
- In-depth knowledge of relevant laws, regulations, and industry best practices.
- Exceptional communication and interpersonal skills.
- Ability to thrive in a fast-paced, dynamic environment.
