Director of Strategic Procurement & Sourcing

Job Category :
Procurement

Requisition Number : DIREC
001508

Showing 1 location

Indianapolis, IN 46204, USA

Job Function:
The Director of Strategic Procurement and Sourcing will lead the development and execution of a modern, enterprise-wide sourcing strategy that drives value, mitigates risk, and enhances operational efficiency. This leader will serve as the organization’s center of excellence for RFP management and strategic sourcing, championing practices, tools, and discipline that drive procurement value across the organization. This leader will oversee sourcing and negotiation strategies, cost management, and category spend management.

While providing a leadership role in the Procurement team, this position is currently an individual contributor role.

Reporting directly to the Managing Director of Procurement within Administrative Services, this leader will drive the development of a forward-looking procurement roadmap aligned with organization priorities and financial planning cycles. This leader will collaborate with other members of the Procurement team, stakeholder departments, and senior management to maximize strategic and operational success. The director will oversee and implement process and system improvements that optimize value, efficiency and internal controls.

• Develop sourcing strategies for categories and/or stakeholders based on spend analysis, demand management, and best practices.
• Assist in the design and execution of a standardized, enterprise-wide RFP, RFQ, and RFI framework.
• Develop, maintain and communicate a rolling
  18-month procurement roadmap aligned to spend categories, risk, and organizational priorities.
• Oversee and lead end-to-end processes for complex, high-value RFPs, including stakeholder engagement, process management, collaboration with legal/IT/data privacy/etc., and contract negotiations.
• Drive procurement and negotiation efforts to support established KPIs
• Ensure sourcing decisions reflect total value, including risk mitigation, for effective tracking of internal KPIs.

• Develop vendor consolidation strategies for categories and/or stakeholders based on demand management and vendor relationships and performance.
• Oversee bid analysis, reporting, and benchmarking for business stakeholders, as needed.
• Negotiate, manage, and execute complex, high-value contracts based on internal customer needs, prior to agreement expiration.
• Lead strategic supplier negotiations, achieving measured cost savings & value improvements. Provide leadership in sourcing and commercial negotiation best practices
• Develop negotiation strategies and lead negotiations with key suppliers and preferred vendors
• Collaborate with the Office of Legal Affairs to negotiate, execute, and maintain accurate and timely records of contracts; educate and monitor staff and vendor compliance.
• Industry standard metrics for both Procurement service levels and value delivery.

• Maintain a productive working environment. Lead processes as required to maintain a model workplace.
• Assist Managing Director of Procurement in development and oversight of Procurement budget.
• Ensure that Procurement activity is conducted legally and ethically and in compliance with organizational policies and procedures.
• Communicate clearly, concisely and timely to the national office staff regarding policy, procedure and the value added by the Procurement team.
• Represent Managing Director of Procurement in meetings and events as necessary and assist in presentations to senior leadership and external parties.

• Support the…