VP, Procurement

About the role

This position is located onsite in Richmond, VA, with a travel expectation of 30%. We offer competitive pay and benefits, including Day 1 Health & Wellness Benefits, Employee Stock Purchase Plan, 401K Employer Matching, Education Assistance, Paid Time Off, and more.

The Vice President of Procurement is a senior enterprise executive responsible for setting the overall procurement vision, strategy, governance, and performance agenda across the organization. This role provides executive leadership over enterprise-wide sourcing, supplier management, contract strategy, procurement operations, commodity risk management, and value creation initiatives.

Responsibilities

• Establish and lead the enterprise procurement strategy, ensuring sourcing, supplier management, contract negotiation, and procurement operations are aligned with long-term business goals and cost savings objectives.
• Provide executive oversight for procurement operations across all major business units and procurement categories, including supplier-facing and internal procurement functions.
• Build, maintain, and strengthen strategic relationships with key suppliers and vendors to ensure quality, reliability, value, and continuity of supply.
• Lead enterprise-level contract strategy and high-value negotiations, ensuring favorable terms and compliance with legal, regulatory, corporate policy, and internal standards.
• Identify, sponsor, and oversee cost reduction, productivity improvement, and value creation initiatives across the supply chain.
• Monitor market trends, commodity pricing, supplier performance, and supply chain risks to inform sourcing decisions and protect continuity of supply.
• Partner with finance, operations, legal, and other senior stakeholders to align procurement decisions with broader business priorities, financial targets, risk management requirements, and operational needs.
• Lead, mentor, and develop a high-performing procurement leadership team, including senior procurement leaders, VP-level leaders, Director-level leaders, and broader procurement teams.
• Drive continuous improvement through procurement analytics, spend analysis, process improvement, technology adoption, and best-in-class procurement practices.
• Ensure compliance with corporate procurement policies, food safety standards, regulatory requirements, trade regulations, and applicable internal controls.
• Provide executive updates to senior leadership regarding procurement performance, savings initiatives, supplier risks, market conditions, and strategic opportunities.

Qualifications

A Bachelor's degree in Business, Sales, Marketing, Supply Chain, or a related field is required, along with 10 or more years of progressive leadership experience in Procurement.

• Extensive experience in procurement, sourcing, supply chain management, and enterprise-wide procurement leadership.
• Proven experience in strategic sourcing, supplier management, cost reduction, productivity improvement, contract negotiation, and contract administration.
• Demonstrated ability to lead large-scale procurement functions and influence senior stakeholders across organizational lines.
• Strong analytical and financial acumen, including budgeting, cost management, risk analysis, and procurement performance measurement.
• Experience with ERP systems, procurement systems, supplier management software, procurement analytics tools, spend analysis tools, and technology-enabled procurement transformation.
• Excellent negotiation, communication, and stakeholder management skills.
• Deep understanding of procurement best practices, compliance, trade regulations, global sourcing, and risk management.
• Strategic thinker with a proactive, technology-oriented mindset and a demonstrated ability to drive continuous improvement across procurement processes.