Momentara

Compensation

Full Description

JOB SUMMARY: The Director of Procurement is responsible for leading the organization’s purchasing and supply chain strategy to maximize cost savings, supplier performance, and operational efficiency. This role oversees procurement operations, vendor management, contract negotiations, and purchasing compliance across all categories of spend. The Director will partner with leadership teams, department heads, and external suppliers to drive long-term sourcing strategies aligned with business objectives. ESSENTIAL DUTIES AND RESPONSIBILITIES: Strategic Leadership • Develop and execute procurement strategies that support company goals, margin improvement, and operational excellence. • Implement policies, procedures, and best practices for purchasing, sourcing, and vendor management. • Identify and drive cost savings initiatives, including volume-based contracts, supplier consolidation, and alternative sourcing. Vendor & Contract Management • Negotiate contracts, pricing, and service agreements to ensure competitive advantage and risk mitigation. • Build and maintain strong relationships with key suppliers, ensuring quality, delivery, and compliance standards are met. • Monitor supplier performance through KPIs and scorecards; implement corrective actions when needed. Operational Execution • Oversee daily purchasing activities, ensuring timely acquisition of materials, equipment, and services. • Ensure proper inventory management, supply continuity, and alignment with production schedules. • Collaborate with Finance to forecast budgets and track savings performance Team Leadership • Manage and develop a team of purchasing agents / buyers and procurement professionals. • Provide training, mentoring, and career development opportunities for staff. • Foster a culture of accountability, continuous improvement, and cross-functional collaboration. Compliance & Risk Management • Ensure procurement practices comply with legal, regulatory, and ethical standards. • Mitigate supply chain risks through contingency planning and diversified sourcing strategies. • Implement and monitor adherence to ISO, GMP, or other industry standards (if applicable). REQUIRED SKILLS/EXPERIENCE: • Bachelor’s degree in supply chain management or equivalent, Business Administration, or related field (master’s degree preferred). • 7+ years of progressive procurement experience, with at least 5 years in a leadership role. • Proven track record of strategic sourcing, contract negotiation, and supplier management. • Strong analytical, financial, and problem-solving skills. • Excellent leadership, communication, and stakeholder management abilities. • Experience with ERP/MRP systems and procurement software tools. • Professional certifications (CPSM, CIPS, CPM) a plus. SUCCESS METRICS • Achieving measurable cost savings and margin improvements. • Supplier performance against established KPIs (on-time delivery, quality, cost). • Reduction in procurement cycle times and operational bottlenecks. • High employee engagement and development within the procurement team. • Compliance with all regulatory and ethical standards. PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. • Regularly required to sit, type, talk, and walk; occasionally may lift or move up to 10 pounds. • Visual requirements include close vision and the ability to adjust focus. Job Type: Full-time Benefits: • 401(k) • Dental insurance • Flexible spending account • Health insurance • Health savings account • Life insurance • Paid time off • Vision insurance Application Question(s): • How many years of experience do you have leading or developing company-wide procurement or sourcing strategies? ☐ None ☐ 1-3 Years ☐ 4-6 Years ☐ 7+ Years • Describe a major cost savings or process improvement initiative you led. What was your approach and measurable impact? • Which types of contracts have you most frequently negotiated? (Select all that apply.) ☐ Manufacturing / Materials ☐ Logistics / Transportation ☐ Facilities / Equipment ☐ Marketing / Print / Creative ☐ IT / Software / SaaS ☐ Professional Services ☐ Other (please specify) • 4) Share an example of a time you had to address poor supplier performance. How did you handle it and what was the outcome? • Which ERP or procurement systems have you used in your previous roles? ☐ SAP ☐ Oracle ☐ NetSuite ☐ Coupa ☐ Other (please specify) ☐ None • How do you ensure purchasing aligns with both budgets and production or service timelines? • Describe your approach to developing, mentoring, or motivating a procurement team. • Have you implemented or maintained procurement compliance programs (e.g., ISO, GMP, or ethical sourcing standards)? • What do you believe are the biggest risks facing global supply chains today, and how would you mitigate them? • What is your desired hourly rate? • If selected for this position, when would you be available to start? Work Location: In person