Director of Direct Procurement
Brightstar Lottery · West Greenwich, RI · 6 days ago
HybridManagement$118k–$240k/yrFull-time
Responsibilities
- Develop and implement strategic sourcing initiatives across Lottery business categories, including hardware (e.g., terminals, vending machines) and print materials (e.g., instant tickets, thermal paper).
- Continuously monitor key component markets to mitigate cost and risk impacts, ensuring optimal market positioning.
- Establish and nurture strong global supplier relationships, driving performance, innovation, and risk mitigation.
- Conduct regular supplier business reviews, create performance scorecards, and implement continuous improvement programs.
- Identify and execute cost-savings strategies while maintaining quality, delivery, and regulatory compliance. Lead value engineering initiatives where applicable and ensure adherence to global procurement policies and industry standards.
- Lead complex contract negotiations to secure favorable terms while reducing legal and operational risks. Manage risks associated with global supply chain volatility, geopolitical challenges, and tariffs.
- Coordinate and oversee a team of buyers responsible for executing daily procurement activities, including purchase order creation.
- Oversee procurement operations, including RFPs, RFQs, contract management, and purchase order execution. Drive process improvements through advanced procurement tools (e.g., ERP systems, e-sourcing platforms) and maintain ISO 9001 certification standards.
Qualifications
- Minimum: 8 years of experience directly related to the duties and responsibilities specified
- Preferred: 12+ years of experience directly related to the duties and responsibilities specified
- Strong understanding of global events and policies affecting procurement strategies, including competitor sourcing practices.
- Expertise in solving both technical and interpersonal challenges to foster supplier relationships and ensure seamless product delivery despite supply chain disruptions.
- Experience in managing supplier performance through adaptable strategies, driving innovative solutions to address urgent business needs.
- Ability to negotiate and manage complex contractual arrangements internationally, requiring cultural awareness and business acumen.
- Exceptional communication and listening skills to engage diverse internal and external stakeholders.
- Proven leadership in resolving conflicts between suppliers and internal customers, acting as a strategic connector between external market dynamics and internal priorities.
- Comfortable interacting with C-level executives, both internally and externally, given the size and complexity of major contracts.