Director of Procurement

Essential Functions of the Position

• Develops and implements enterprise-wide procurement strategies aligned with organizational goals and budgets.
• Establishes and maintains procurement strategies, policies, and best practices to optimize cost savings and operational efficiency.
• Serves as the organization’s subject matter expert on procurement standards and sourcing strategy.
• Collaborate with operations, development and maintenance teams to understand their procurement needs and requirements.
• Stay abreast of market trends, economic factors and regulatory changes that may impact procurement.

Vendor and Contract Management

• Collaborate with Property Management, facilities and other internal stakeholders to identify, evaluate, and negotiate portfolio-wide contracts with suppliers.
• Create Key Performance Indicators (KPIs) to monitor vendor performance.
• Collaborate with Facilities and Property Management to create scopes of work, Requests for Proposals (RFPs) and service agreements while ensuring compliance with legal regulations and internal policies.
• Oversee vendor onboarding and renewal processes.
• Maintains vendor performance and resolve any issues or disputes that arise in collaboration with Facilities and where necessary, Property Management.

Finance and Technology Integration

• Analyze historical spending data to identify maverick spending and leverage bulk purchasing power to improve Net Operating Income.
• Collaborate with Information Technology, Facilities and Property Management to lead and support the implementation of a procurement platform that enables controlled purchasing, vendor oversight, spend transparency, and timely payment for approved products and services.
• Partner with Property Management during annual budget planning to provide accurate material and service forecasting.