What are the responsibilities and job description for the Senior Director position at Insight Global?
Position: Senior Director of Procurement (Technology and Marketing)
Structure: Reports to the Chief Procurement Officer
Location: Deerfield, IL OR Chicago, IL (hybrid 3 day/week) - *Relocation packages offered
Salary: Starting at $240,000 ( 40% annual bonus; additional long-term incentive benefits)
Start Date: ASAP
Must Haves:
- Bachelor’s degree
- 8 years of DIRECTOR level experience
- leading a team of procurement professionals
- developing targets, leading change management, and creating strategic sourcing strategies for multiple acquisition categories.
- applying procurement practices and strategies, with a minimum of 7 years focused on developing and implementing requirements/change management methodologies for strategic sourcing activities.
- executing and enhancing day-to-day sourcing activities, including budgetary management and/or P&L management.
- Experience managing category spend exceeding $1 billion across various acquisition categories.
Skills and Knowledge:
- Knowledge of the strategic sourcing procurement lifecycle and best practices.
- Effective communication skills, both verbal (phone, one-on-one, group) and written (emails, letters, reports, presentations) for various audiences.
- Experience interacting with senior-level executives.
- Intermediate-level skills in Microsoft Excel, PowerPoint, and Word.
- Financial decision-making experience (at least 5 years).
Plusses:
- MBA or other advanced degree or equivalent experience.
- Strong leadership experience in technology procurement (software, IT infrastructure, and IT services) and marketing procurement.
- Demonstrated history of responsibility growth, preferably through advancement within an organization.
Insight Global is seeking a Senior Director of Procurement to join a Fortune 500 healthcare/retail client in Deerfield, IL. The Sr Director will be responsible for developing strategy, leading change management, and directing a team of Directors, Category Managers, and Category Specialists who specialize in one or more indirect spend categories (e.g., Technology and Marketing); establishing objectives for a group of spend categories along with developing the strategy for the short term and long term sourcing plans; overseeing and adjusting the execution of sourcing and procurement strategies; reporting on sourcing strategies and performance within areas of responsibility; driving cross-functional category teams in change management and business continuity; defining procurement requirements and operational needs; participation and obtaining a leadership role in the development of Business Unit process, continuous improvements, and operational efficiencies. Indirect management and administration of approximately $2 Billion of Company resources. Reports directly to the Chief Procurement Officer.
Job Responsibilities
- Creates collaborative business plans with strategic vendors, develops negotiating strategies, and directs the execution of strategic programs. Provides direction and oversees that Directors and Category Managers develop and maintain positive vendor relationships. Approves Director and Category Manager vendor contract negotiations, guaranteeing the attainment of the most advantageous pricing, terms, discounts, allowances, quality, delivery, service and dating (where applicable). Ensures all goods and services meet established standards and legal requirements. Addresses business unit concerns / issues, requests, and questions and resolves within legal/tax and corporate guidelines. Establishes and maintains the sourcing strategy for the enterprise including supply chain strategies and metrics for indirect goods.
- Directs and approves the planning process with Directors and Category Managers in developing and recommending sourcing solutions, channels for distribution, and execution of best practices for the assigned categories. Applies analytics to enable optimized cost savings and ensures an adequate supply chain supply.
- Establishes inventory/ replenishment metrics and builds logistical solutions for the deployment of indirect goods enterprise wide.
- Plans, develops, directs, and implements complex business strategies through the establishment of short/long-range objectives, change management, performance goals, and metrics for each spend category. Collaborates with Operations, Legal, Supply Chain, Tax, Finance, the Business Units, and other customers as needed to champion enterprise wide cross-functional sourcing initiatives. Understands category specific details and store/pharmacy operational principles and produces analytics that contributes to the formation of budgets and effective P&L management by the business unit.
- Directs and executes budgetary cost reduction programs and initiatives that facilitate business owners achieving their business unit goals and financial targets. Assures the appropriate use of capital and financial resources.
- Generates analytics to support these positions.
- Directly manages complex negotiations with key suppliers that require a detailed strategic plan and that have a direct correlation with Corporate operational needs and/or goals. Decision maker and subject matter expert for risk management allowances, terms/conditions, pricing, transportation, pricing and quality control/acceptance.
- Manages the development of policies/procedures to ensure goods and services are available to business units and maintains sufficient inventory levels and/or supply chain availability to support all events to avoid negative budgetary/ P&L impacts. Directs and leads the implementation, management, and development of consistent departmental sourcing activities and automated ordering systems. Develops risk mitigation strategies for key indirect goods.
- Supports the talent development of inter-departmental team members and the overall development of cross-functional teams. Collaborates with Directors, Category Managers, and Associate Category Managers. Sets the example and conducts training sessions for negotiations, financial reviews, business analytics and general management. Establishes and trains staff on methodologies for change management, contract reviews and inventory control.
- Provides continuous leadership to business units to assist in the achievement of their goals and the overall corporate strategies/targets. Consults and advises business unit senior leadership teams/executives on the impact of procurement activities on projects, budgets, and select sourced retail goods.
- Assures proper analysis and application of internal and external industry specific research information, to determine Company direction in designated categories, reasons for pricing increases and/or decreases.
- Conducts benchmarking, financial and business analytics for long range pricing and buy rationalizations.
- Collaborates with the departmental DVP for resource allocation, budgetary control, staff development and sets enterprise wide sourcing plans to effectively assist in the attainment of the company’s P&L. Part of the DVPs senior leadership team and directs department in conjunction or absence of the departmental DVP.
Salary : $240,000