Vice President of Global Procurement; Automotive & Industrial

The VP of Global Procurement is responsible for managing the overall supplier risk, year over year vendor productivity, VAVE and driving aggressive cost reductions in partnership with the suppliers and the engineering departments. The role is also responsible for maintaining consistency in purchasing and sourcing methodology and procedures, development of sourcing & procurement strategies, vendor management, analysis & negotiation of client/supplier service level agreements and contracts, supplier relationship management and identifying and implementing process improvement.

The position will lead and develop a global team of sourcing professionals responsible for building and maintaining relationships with strategic suppliers as well as managing relationships with senior internal stakeholders.

• Design, drive and execute the overall global sourcing strategy
• Oversee policies, checklists, and other materials that describe the organization's technical, quality, service, or reliability standards to help purchasing staff evaluate supplier proposals
• Contribute to increased productivity by implementing sound negotiation strategies
• Partner with business leadership to develop and deploy world-class procurement by driving functional expertise and deep market and industry knowledge
• Lead global team, develop talent and expertise, build a strong succession plan for direct management team as well as global teams and build global procurement capability
• Develop long term strategies with robust execution plans to achieve annual operating plans to increase win rate, increase margins, improve cash-flow, reduce working capital and reduce risk
• Drive standardization across the global footprint
• Ensure contracts that allow for fluctuations with no liability for excess and obsolete inventory
• Implement vendor management system, ensuring suppliers on-time-delivery and zero-deffect quality
• Secure supplier capacity based on short term and long term plans while driving competitive cost and increasing spread to market
• Negotiate and secure global, single and multi-year supply agreements
• Collaborate with Supply Chain on medium and long range planning to improve supply of material
• Working in conjunction with site leadership, analyze business plans, production environments, and supply requirements to determine optimal sourcing strategies across geographies
• Identify and implement strategic processes and technology to drive efficiencies across team
• Determine and recommend alternate supply strategies to maintain agility while creating cost savings and/or supply support solutions
• Establish clear performance metrics for suppliers driving performance and financial responsibility
• Review major contracts for key areas of spend, and act as an expert resource for planning, procurement and complex negotiations
• Partner with other senior leadership to ensure organizational goals are met
• Oversees supplier selection process, including qualification and execution of supplier agreements
• Partner with Quality to ensure materials are qualified and meet appropriate regulatory standards

• Bachelor’s degree, (Masters or MBA will be preferred)
• 15+ years of global procurement experience
• 10+ years of experience in large scale automotive and or industrial environment; global experience is a plus
• Ability to work in a very fast paced, demanding, and matrixed environment
• Skilled in influencing, negotiation, and problem resolution
• Demonstrated leadership capabilities in leading a global organization
• Demonstrated experience in developing and implementing sourcing strategies
• Business acumen to align sourcing initiatives to financial goals and customer needs and expectations
• Uncompromised Integrity, honesty and the drive to do what's best for the business
• Experience in leading global high-performing teams
• Strong communication skills: oral, written, and listening