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VP Company Procurement

Company: Medical Devices / Equipment, Franklin Lakes, NJ
Location: Franklin Lakes
Posted on: April 18, 2019

Job Description:

Job Description In alignment with Company strategies, the Worldwide Vice President Company Procurement provides functional leadership for COMPANY’s total spend and procurement systems. I The Vice President is responsible for collaborating with key stakeholders to ensure alignment of goals while creating and adequate organizational structure, capabilities and future talent base for the function. The Vice President’s primary role is to develop strong business partnerships with all business functions by aligning strategies, assigning Procurement personnel that can best partner with specific functions and then ultimately create the sourcing strategy. This role will also need to provide superior collaboration between COMPANY’s corporate, segment and regional strategies, to effectively manage the company’s growing spend. Success of this role dependent upon stakeholder satisfaction along with increased value for COMPANY’s dollar. To insure measurable performance against the strategy, the Vice President aligns and monitors performance metrics and targets, adjusting as needed to insure delivery of goals. Metrics will also need to be reviewed and approved by key stakeholders to ensure agreement. In addition, the Vice President has credibility to be a trusted partner by stakeholders which may result in active engagement on key corporate committees and councils as assigned. Sphere of Influence: The Worldwide Vice President Company Procurement reports to the Senior Vice President and Chief Procurement Officer. The Worldwide Vice President Company Procurement plays a critical role in partnering with key business functionson a world-wide basis. The Vice President manages and influences a broad network of highest-level touch points in the organization to drive strategy implementation. Influence extends to peers, team members, sites, functions and key stakeholders to build their trust and support for strategy approval and implementation. The target audience on interaction internally is typically at the General Management level or designees and senior management level for suppliers. Additionally, collaboration with other worldwide process owners to ensure that enterprise processes operate in an integrated and value-added manner. Required Skills and Knowledge: The Worldwide Vice President Company Procurement must demonstrate competencies in the following areas: Ability to develop trusted relationships with global business functions Functional strategy development and execution that is mutually agreed upon by stakeholders Strong collaboration and communication abilities with senior business leaders An agile strategic sourcing mentality with a history of customer feedback to develop sourcing approach. Supplier value management and continuous improvement skills that include innovation, efficiency, ethical behavior, continuity and cost. Negotiation style that is mutually beneficial to COMPANY and SupplierProvide strong coaching associate development that often works in highly matrixed environment Hiring and staffing of associates that support the vision of stakeholder collaboration and supplier partnerships Building effective teams and fostering open communication Coaching and developing others Strategic agility and business acumen Championing of change and innovation The following competencies are preferred, but not necessarily required: Manufacturing, supply chain, process optimization, Lean/Six Sigma Supply market research and data analysis Project management FDA regulatory systems and compliance Experience: A minimum of fifteen to twenty years of procurement experience required, with at least ten years of strategic sourcing experience preferred Education: A bachelor’s degree is required. An MBA is preferred. Preferred fields include Supply Chain, Business, Engineering or Economics Travel requirements: Up to 50%, depending on initiatives

Keywords: Medical Devices / Equipment, Franklin Lakes, NJ, New York , VP Company Procurement, Executive , Franklin Lakes, New York

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