Sr Strategic Procurement Director

About the role

The Sr. Director of Procurement will be responsible for developing and executing global procurement strategies that align with the company's business objectives, focusing on cost optimization, supplier performance, supplier quality, and supply continuity. This leader will oversee strategic sourcing, supplier relationship management, and cross-functional collaboration to deliver competitive advantages, operational excellence, and business growth. The Sr. Director will act as the primary liaison between procurement, engineering, operations, and senior leadership teams.

Responsibilities

• Develop and execute long-term and short-term strategic procurement plans aligned with business objectives.
• Lead global procurement teams to deliver cost savings, supply continuity, supplier quality and operational efficiency.
• Establish and maintain strategic supplier relationships, including negotiation of complex contracts and development of supplier performance management strategies.
• Oversee supplier transitions, including insourcing, outsourcing, and supplier consolidations to mitigate supply chain disruptions.
• Collaborate with cross-functional teams, including Engineering, Marketing, Operations, Quality, and Finance, to support new product introductions and strategic growth initiatives.
• Drive implementation of cost analytics, should-cost models, and value engineering to achieve total cost of ownership savings.
• Develop and implement risk mitigation strategies, including multi-sourcing and contingency planning.
• Lead the development and implementation of procurement processes, tools, and systems to improve efficiency and effectiveness.
• Manage large procurement budgets ($300M+) and drive achievement of financial targets, including CE/VE savings and working capital improvements.
• Act as a mentor and coach to procurement professionals, fostering a high-performance culture.

Required qualifications

• Minimum 10 years of experience in procurement, supply chain, or strategic sourcing with global responsibilities.
• Proven experience in contract negotiation, supplier relationship management, and project management.
• Demonstrated experience managing large spend categories and driving cost savings initiatives.
• Expertise in cost modeling, financial analysis, and risk management.

Preferred qualifications

• Strong leadership skills with experience managing and developing high-performing teams.
• Excellent communication, negotiation, and stakeholder management skills.
• Experience with ERP systems (SAP preferred), e-sourcing platforms, and project management tools.
• Experience in the Electronics industry preferred.
• Six Sigma or Lean Certification preferred.
• Global experience in supply chain, sourcing, or procurement highly valued.

Benefits

• Competitive salary with performance-based bonus eligibility.
• Comprehensive benefits package including 401K with immediate eligibility.
• Flexible vacation policy promoting work-life balance.
• Opportunities for professional development and career advancement within a global organization.
• Collaborative work environment with cross-functional leadership exposure.

Pay

This position is incentive-eligible with a performance-based bonus of up to 20% of annual base salary, contingent upon individual and company performance. Annual equity grants consisting of time-based restricted stock units are also available based on individual and Company performance. The typical hiring salary ranges from USD $215,091.67 to $320,896.67 per year but varies by specific work location.

Schedule

Full time. Hybrid work model. Global travel required as needed.