Description:
The Head of Procurement is a senior executive role responsible for overseeing and managing the procurement function within the organization. This includes developing and executing procurement strategies, managing supplier relationships, and achieving cost savings and other business benefits.
Key Responsibilities:
1. Oversee the implementation of a significant portion of the procurement strategy, personally handling critical procurement programs.
2. Develop and secure approval for annual business plans, ensuring they align with the organization's strategy and include detailed expense and headcount budgets.
3. Communicate the procurement strategy, aligning it with the organization's mission, vision, and values, and motivate the team to achieve business goals.
4. Identify and manage stakeholder needs and concerns, developing engagement plans to support business communications and decisions.
5. Support the overall organizational strategy by creating and executing operational plans.
6. Manage key supplier relationships and oversee the supplier management program.
7. Represent the organization in industry forums, boards, and committees to promote its brand and efforts.
8. Report on the performance of the procurement function, set performance objectives, and take corrective actions as needed.
9. Build partnering relationships with senior executives, providing high-quality advice and guidance.
10. Define the organizational structure for the procurement function, ensuring it aligns with corporate principles and supports business objectives.
11. Identify and develop the capabilities needed to meet current and future business needs, mentoring others and fostering professional growth.
Qualifications and Experience:
- Bachelor's degree in Engineering, business administration, supply chain management, or a related field.
- 10+ years of experience in procurement, with at least 5 years in a senior management role.
Key Skills and Abilities:
- Strong communication and interpersonal skills.
- Analytical and problem-solving abilities.
- Leadership and motivation skills.
- Strategic thinking and planning capabilities.
- Negotiation skills.
- Commercial acumen.
- Ability to manage supplier relationships and negotiate contracts.
- Proficiency in conducting financial analysis.
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