Vice President, Enterprise Sourcing & Procurement
nVent · St Louis Park, MN · 1 wk ago
HybridPurchasing$242k–$359k/yrFull-time
About the role
The Vice President, Enterprise Sourcing & Procurement will lead and scale the company’s global sourcing strategy and operating model, delivering enterprise value through cost competitiveness, supplier performance, and capability advancement.
Responsibilities
- Lead design and deployment of sourcing operating model (GCM, SRM, SQM, CoE).
- Drive sourcing transformation initiatives aligned to business goals and growth strategy.
- Establish governance, decision rights, and enterprise standards.
- Own enterprise risk, including geopolitical sourcing strategy, structural risk frameworks, crisis response.
- Define and implement Global Category Management (GCM) strategies across direct and indirect spend.
- Lead major sourcing initiatives including supplier consolidation and strategic sourcing.
- Drive enterprise-wide cost optimization and commercial excellence.
- Own enterprise value delivery, including sourcing productivity, cost-out, and margin impact.
- Drive supplier consolidation and standardization to reduce complexity and improve leverage.
- Establish Supplier Relationship Management (SRM) for critical and strategic suppliers.
- Ensure supplier performance across cost, quality, delivery, and innovation.
- Partner with Quality to implement Supplier Quality Management (SQM) standards.
- Build and lead a Procurement Center of Excellence (CoE) to standardize processes, enable scale, and drive enterprise capability.
- Enable decision-making through data, analytics, and digital platforms (e.g., Ivalua).
- Standardize sourcing processes, tools, and governance globally.
- Drive resource optimization by aligning existing sourcing capacity to the operating model, optimizing capacity without proportional headcount growth.
- Improve sourcing productivity and reduce transactional complexity.
- Establish a management operating system with key performance initiatives and value tracking.
- Build a high-performing global sourcing organization.
- Strengthen leadership pipeline, succession bench, and capability development.
- Drive a culture of accountability, continuous improvement, and enterprise thinking.
Requirements
- Master’s degree or equivalent experience in Supply Chain, Business, Engineering, or related field.
- 15+ years of sourcing, procurement, or supply chain experience.
- 10+ years in senior leadership roles within global, matrixed organizations.
- Proven experience leading sourcing or procurement transformation with measurable outcomes or center-led models.
- Meaningful experience developing future leaders.
- Strong experience in strategic sourcing, category management, supplier performance and contract negotiation.
- Track record of strong data-driven decision-making.
- Enterprise strategy creation experience.
- Experience implementing procurement platforms (e.g., S2C systems) preferred.
- Deep understanding of global supply markets and risk management preferred.
- Track record of delivering significant cost savings and productivity improvement preferred.
- Applied AI and digital transformation in sourcing preferred.
- Ability to travel 25-35%, domestic and internationally.
Qualifications
- Master’s degree or equivalent experience in Supply Chain, Business, Engineering, or related field.
- 15+ years of sourcing, procurement, or supply chain experience.
- 10+ years in senior leadership roles within global, matrixed organizations.
- Proven experience leading sourcing or procurement transformation with measurable outcomes or center-led models.
- Meaningful experience developing future leaders.
- Strong experience in strategic sourcing, category management, supplier performance and contract negotiation.
- Track record of strong data-driven decision-making.
- Enterprise strategy creation experience.
- Experience implementing procurement platforms (e.g., S2C systems) preferred.
- Deep understanding of global supply markets and risk management preferred.
- Track record of delivering significant cost savings and productivity improvement preferred.
- Applied AI and digital transformation in sourcing preferred.
- Ability to travel 25-35%, domestic and internationally.
Skills
- Strategic sourcing and category management expertise.
- Supplier relationship management and quality assurance.
- Procurement process standardization and digital transformation.
- Leadership and organizational development.
- Data analysis and decision-making.
- Global supply market understanding and risk management.
Benefits
- Medical, dental, and vision plans.
- Flexible spending accounts.
- Short-term and long-term disability benefits.
- Critical illness, accident insurance, and life insurance.
- A 401(k) retirement plan and an employee stock purchase plan.
- Company match on retirement plans.
- Tuition reimbursement.
- Back-up care services.
- Paid time off including volunteer time.
- A well-being program.
- Legal & identity theft protection.
Pay
$241,500.00 - $359,000.00 Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.
Schedule
N/A