Director of Procurement

The role of a Procurement Director is pivotal in ensuring the efficient acquisition of goods and services that are essential for an organization's operations. This high-level position demands strategic planning, exceptional management skills, responsible to end-to-end procurement process and a thorough understanding of market dynamics. Those who excel in this role possess a blend of strategic thinking, leadership, and technical acumen that drives continuous improvement and operational excellence. This is a Hybrid position is based in the Newton, MA office and reports to the Global Procurement Director.Below is an overview of the responsibilities, skills, and qualifications required for this role.ResponsibilitiesEstablish and maintain strong relationships with suppliers to ensure the timely delivery of quality goods and services. This involves negotiating contracts, evaluating supplier performance, and managing disputes.Promote innovation in procurement processes by leveraging AI, new technologies, and methodologies to enhance efficiency and effectiveness.Lead and mentor the US based procurement team, fostering a collaborative environment and encouraging professional development. This includes setting performance goals, conducting reviews, and providing training.Enhancing end to end procurement services and ensuring we provide top-notch support to our stakeholdersDevelop and implement procurement strategies that align with the company's objectives. This includes analyzing market trends, assessing risks, and identifying opportunities for cost-saving.Oversee the department's budget, ensuring that expenditures are within allocated limits and identifying areas for financial efficiency.Ensure that all procurement activities comply with relevant, regulations, and company policies. This involves conducting audits and implementing best practices.Generate detailed reports on procurement activities, highlighting key metrics, trends, and areas that require attention.SkillsStrong negotiation skills to secure favorable terms and conditions with suppliers.Exceptional leadership skills to guide and inspire the procurement team.Excellent communication skills to articulate strategies and collaborate with various stakeholders.Project Management: Proficiency in managing multiple projects simultaneously, ensuring timely and successful completion.Ability to identify and resolve issues promptly and effectively.Analytical Skills: Ability to analyze complex data and market trends to make informed decisions.Technical Aptitude: Familiarity with procurement software and tools, as well as the ability to adapt to new technologies.#LI-IR1