Vice President, Global Procurement

About the role

PTC is at an inflection point, launching one of the most significant transformation initiatives in the company's history: a full-scale rationalization of our technology vendor and sourcing ecosystem. This initiative has direct sponsorship from our executive leadership team and is designed to make a measurable, bottom-line impact. We're seeking a Vice President, Global Procurement who has led an enterprise-wide technology and vendor consolidation, negotiated complex multi-year tech agreements (e.g., Microsoft, Oracle, Workday-scale), and navigated the shift from legacy licensing to consumption-based commercial models. You'll have executive air cover, a global team of ~20 procurement professionals, and a mandate to drive significant cost savings.

Responsibilities

• Develop and execute a global sourcing and procurement strategy aligned to corporate objectives, including a multi-year roadmap for vendor and technology rationalization that drives significant, measurable cost savings
• Lead executive-level negotiations on high-value contracts and critical vendor agreements, building escalation strategies that get results
• Build out a formal RFP strategy and process for large-spend negotiations
• Lead, develop, and help shape the structure of a high-performing global procurement team spanning the US, India, Romania, Brazil, and Europe
• Leverage modern procurement technology and analytics — including AI — to surface process improvements and vendor insights, and own PTC's vendor data governance model
• Partner closely with Finance, Legal, and IT/R&D leadership to align priorities, streamline the third-party technology landscape, and keep stakeholders informed on major negotiations
• Advance responsible sourcing practices, including supplier diversity, sustainability, and regulatory compliance
• Establish and report on SLAs, KPIs, and other performance metrics that make progress visible at the executive level

Requirements

• 12+ years of progressive strategic sourcing and procurement experience, including at least 5 years in senior leadership
• A proven, hands-on track record leading — not just participating in — an enterprise-wide technology vendor consolidation, ideally at a technology or software company
• Deep fluency in tech commercial models: SaaS subscription metrics, cloud consumption/compute pricing, enterprise software licensing, and vendor discount structures
• A strong track record negotiating large, complex enterprise technology agreements (major vendors such as Microsoft, Oracle, Workday, etc.)
• Experience navigating the shift from license-based to consumption-based commercial models
• Exceptional influencing and stakeholder management skills — ability to hold the line with senior cross-functional leaders
• Experience building and leading geographically dispersed teams
• Bachelor's degree in Supply Chain Management, Business Administration, Information Technology, Computer Science, or a related field
• Based in or able to work regularly from our Boston, MA headquarters

Pay

The good-faith base salary range for this position is $203,000–$250,000 USD annually. Actual compensation will be based on skills, qualifications, experience, and internal equity, and may fall outside this range in unique circumstances. This role is also eligible for PTC's Corporate Incentive Plan and Long-Term Incentive (LTI) equity program.

Benefits

• Medical, dental, and vision insurance
• Paid time off and sick leave
• Tuition reimbursement
• 401(k) contributions and employer match
• Flexible spending accounts
• Life insurance and disability coverage
• Generous commuter subsidy (for office-assigned employees)