Director of Strategic Procurement

This is a fully remote position, open to applicants in Florida, +1 more state.

📋 Description

• Formulate and implement procurement strategies that align with the goals of manufacturing, supply chain, operations, and business growth.

• Create a high-performing procurement department.

• Direct procurement strategy across designated commodities, suppliers, materials, components, and services.

• Build, lead, mentor, and develop a procurement team.

• Develop supplier strategies that enhance cost competitiveness, lead times, capacity, quality, and delivery performance.

• Oversee supplier negotiations concerning pricing, contracts, payment terms, lead times, minimum order quantities, stocking agreements, blanket orders, and long-term supply contracts.

• Propel initiatives for cost reduction, supplier consolidation, dual sourcing, localization, value engineering, and supply risk mitigation.

• Collaborate with Procurement, Planning, Operations, Quality, Engineering, Finance, Supply Chain, and executive leadership.

• Evaluate spending, supplier performance, market trends, supplier capacity, demand signals, lead times, cost drivers, and supply risks.

• Establish procurement processes, tools, KPIs, and reporting systems.

• Manage supplier performance through business reviews, scorecards, corrective actions, escalation management, and supplier development.

• Address supplier issues related to delivery delays, defects, nonconformance, pricing discrepancies, capacity limitations, and ongoing performance challenges.

• Cultivate supplier relationships while ensuring adherence to IEM expectations.

• Assist with new product introductions, capacity enhancements, operational improvements, and strategic business initiatives.

• Maintain precise procurement data, supplier records, pricing, contracts, and sourcing documentation.

• Promote continuous improvement in procurement processes, supplier performance, material flow, cost reduction, and supply chain reliability.

• Perform additional responsibilities as assigned.

• Report directly to the VP of Supply Chain.

⛳️ Requirements

• Bachelor’s degree in Supply Chain, Business Administration, Mechanical Engineering, Manufacturing Engineering, Electrical Engineering, Industrial Engineering, or a related discipline.

• Over 10 years of experience in procurement, strategic sourcing, commodity management, supply chain, or supplier management within a manufacturing setting.

• More than 5 years of experience leading procurement, sourcing, or supply chain teams.

• Proven experience in developing and implementing procurement strategies across various commodities, suppliers, or business units.

• Extensive experience in leading supplier negotiations, managing supplier performance, contract management, cost reduction, and mitigating supply risks.

• Solid understanding of manufacturing supply chains, supplier lead times, material planning, cost drivers, inventory management, and production support.

• Capacity to make practical procurement and supplier decisions while collaborating with Engineering, Quality, Operations, Finance, and Supply Chain.

• Strong leadership, analytical, negotiation, communication, problem-solving, and cross-functional collaboration abilities.

• Experience in establishing processes, KPIs, reporting tools, supplier scorecards, and procurement operating rhythms.

• Proficient with ERP/MRP systems, Microsoft Excel, spend analysis, and supplier performance reporting tools.

• Demonstrated career progression and increasing responsibility, capable of functioning as both a strategic leader and hands-on problem solver in a dynamic, high-growth environment.

• Must thrive in a fast-paced environment with changing priorities, production demands, supplier limitations, and expectations from executives.

• Approximately 50% travel is required.

• Preferred: experience in electrical equipment, power distribution, switchgear, industrial manufacturing, or engineered-to-order manufacturing.

• Preferred: experience with supplier development, localization, Lean Manufacturing, continuous improvement, material flow, and value engineering concepts.

• Preferred: experience supporting high-growth manufacturing environments with intricate supplier networks and production demands.

• Certification in procurement/supply chain such as CPM, CPSM, CSCP, or similar is preferred.

• An advanced degree in Supply Chain, Business Administration, Engineering, or a related field is preferred.

🏝️ Benefits

• Comprehensive and competitive benefits package designed to support employees' well-being, growth, and long-term success.