Vice President Global Strategic Sourcing (Chemicals)
Page Executive · Chicago, IL · 1 wk ago
ManagementFull-time
Our client is a global chemical company heavily investing in new markets and technology, growing through both organic and inorganic strategies.
About the role
The Vice President of Global Procurement will lead a global procurement team across the Americas, Europe, and Asia. This role involves driving and implementing a global procurement strategy to optimize spending, strengthen supplier relationships, and improve cost savings. The VP will collaborate closely with regional P&L leaders and serve as a strategic member of the executive leadership team.
Responsibilities
- Develop, implement, and execute a 3-5 year global procurement strategy.
- Lead all indirect and direct procurement for the organization globally.
- Drive the organization through clear goal setting, operational steering, and execution.
- Ensure sourcing and procurement strategies align with broader organizational goals in collaboration with regional P&L leaders, supply chain, commercial, product development, R&D, and other teams.
- Champion change management to drive the new procurement strategy.
- Ensure quality, delivery, risk assessment, cost, and execution align with global strategies and business objectives.
- Build strong relationships with R&D, Operations, and other cross-functional teams to drive collaboration and innovation.
- Serve as the face of the organization, fostering executive relationships with global suppliers.
- Ensure strong communication, alignment, and responsiveness among suppliers, internal teams, and cross-functional teams.
- Hold the global team accountable to performance metrics and goals that drive business outcomes.
- Stay abreast of industry trends and global market indicators.
- Lead the global team in cultivating a culture of ownership, accountability, continuous improvement, and learning.
- Drive cost savings globally.
Requirements
- Bachelor’s degree in Chemical Engineering, Chemistry, Supply Chain, Engineering, Operations Management, or a related field.
- Master’s degree or MBA preferred.
- 15+ years of experience in procurement and strategic sourcing within manufacturing, industrial, or chemical industries.
- 5+ years of leadership experience.
- Prior experience managing and leading a global team is highly preferred.
- Significant experience in the chemical industry.
- Excellent strategic thinking, analytical skills, and business acumen.
- Strong negotiation skills with suppliers while delivering mutually beneficial outcomes.
- Deep financial acumen with the ability to define clear goals for growth and working capital.
- Proven track record of building high-performing teams.
- Outstanding leadership and communication skills, with the ability to inspire and unify teams.
- Strong problem-solving skills with experience navigating complex issues.
- Comfortable working in a fast-paced, evolving business environment undergoing transformation.
- High standards of professionalism, confidentiality, and organizational excellence.
Benefits
- Base salary: $250,000 - $290,000
- Bonus and equity opportunities
- Vacation, full benefits, and 401K
- Paid holidays