Procurement Director

About the Role
The Procurement Director will oversee all procurement activities, driving strategic sourcing, cost optimization, risk mitigation, and compliance across the organization. This role is responsible for building and executing best-in-class procurement strategies, enhancing process efficiency through automation and innovation, and fostering strong vendor partnerships. The Procurement Director will ensure that procurement practices are fully aligned with the organization’s broader business, operational, and financial objectives.

Accountabilities & Responsibilities

Operational Responsibilities:

• Conduct comprehensive spend analyses to identify cost-saving opportunities, process improvements, and vendor consolidation strategies.
• Oversee technical evaluation processes and finalize commercial procurement reports to ensure informed decision-making.
• Lead contract negotiations with suppliers to secure favorable terms and long-term value for the company.
• Establish and maintain strong, strategic vendor relationships, fostering collaboration and proactive issue resolution.
• Organize regular vendor meetings and site visits to monitor performance, ensure compliance, and address concerns.
• Develop and execute procurement strategies that align with the company’s organizational objectives and operational needs.
• Centralize procurement data and maintain accurate records of spending, contracts, and vendor performance metrics.
• Manage the full procurement lifecycle, including requisitions, vendor evaluations, contract negotiations, and purchase order issuance.
• Implement robust internal controls and audit mechanisms to ensure procurement integrity and risk mitigation.
• Automate and streamline procurement processes through technology and data-driven solutions.
• Collaborate closely with Finance for accurate budget forecasting, expenditure tracking, and financial alignment.
• Identify and evaluate new vendors, negotiating service-level agreements and optimal contract conditions.
• Ensure compliance with procurement policies, regulatory requirements, and contractual obligations.
• Maintain a centralized contract repository to enable efficient monitoring, reporting, and contract lifecycle management.
• Oversee the contract lifecycle from drafting and negotiation to administration, renewal, and closure.
• Support ongoing vendor performance reviews, feedback sessions, and improvement planning.
• Promote vendor diversity, sustainability, and responsible sourcing practices in alignment with the company’s corporate social responsibility goals.

Strategic & Leadership Responsibilities:

• Develop and lead the company’s procurement strategy, ensuring alignment with the organization’s corporate vision, financial objectives, and operational requirements.
• Drive strategic sourcing initiatives by leveraging data analytics and market intelligence to maximize value, quality, and risk mitigation across all vendor relationships.
• Establish and uphold procurement governance frameworks that ensure transparency, ethical sourcing, regulatory compliance, and robust internal controls.
• Champion procurement digital transformation by implementing advanced technology solutions to automate workflows, enhance process efficiency, and support data-driven decision-making.
• Foster strategic, long-term vendor partnerships that promote innovation, continuous improvement, and long-term value creation for the company.
• Serve as a trusted advisor to executive leadership, offering insights on procurement risks, market dynamics, cost optimization, and strategic sourcing opportunities.
• Lead, mentor, and develop the procurement team to build capabilities in negotiation, supplier management, and contract lifecycle oversight.
• Oversee end-to-end contract lifecycle management, ensuring that agreements are aligned with organizational goals and adequately protect the company’s interests.
• Promote sustainable and socially responsible procurement practices, ensuring alignment with the company’s corporate sustainability and diversity commitments.
• Continuously review and enhance procurement policies, procedures, and practices to drive efficiency, manage risks, and support organizational growth.

Education & Professional Experience:

• Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or related field (Master’s preferred).
• Minimum 10+ years in procurement leadership roles, with proven success in strategic sourcing, vendor management, and procurement automation.

Other Knowledge and Skills:

• Expert-level knowledge of procurement best practices, contract negotiation techniques, and risk mitigation strategies.
• Strong proficiency in digital procurement platforms, ERP systems, and the use of data analytics to drive procurement decisions and process improvements.
• Exceptional communication, negotiation, and stakeholder management skills, with the ability to influence at all levels of the organization.
• Deep financial and commercial acumen, with a solid understanding of budgeting, cost control, and financial forecasting within procurement.
• Proven ability to build and lead high-performing, cross-functional teams, fostering collaboration and continuous development.