Vice President, Procurement

The Vice President of Procurement will be a member of the NA EMT as well as the Group SCM/Procurement Team and will lead our North American Strategic Procurement initiatives. This role will be responsible for developing and executing procurement strategies to ensure optimal efficiency and cost-effectiveness across our North American operations. This role will also involve aligning North American procurement strategies with global initiatives to support company-wide goals. The VP of Procurement will operate within a matrix reporting structure, collaborating closely with stakeholders to align objectives across the organization.

ESSENTIAL DUTIES & RESPONSIBILITES include the following, other duties may be assigned:

• Develop, drive and execute cost reduction initiatives (direct and indirect spend) in line with budget.
• Develop and execute regional procurement strategies aligned with Group Procurement/SCM functions.
• Determine optimal buying channels (suppliers, distributors, make/buy), in alignment with stakeholders where applicable.
• Establish targets and guidelines for commodity strategies aligned with Group objectives.
• Review, approve, and oversee the development and execution of commodity strategies.
• Monitor supplier performance (cost and supply) and adjust strategies and buying channels as necessary.
• Develop and implement sourcing strategies, including supplier lifecycle management.
• Set targets and boundaries for sourcing strategies.
• Define standards, procedures, and guidelines for sourcing in alignment with Group functions.
• review, approve, and authorize supplier contracts according to authorization protocols.
• Evaluate sourcing and contracting activities, implementing corrective measures when required.
• Collaborate closely with internal stakeholders (such as finance, operations, and legal teams) to ensure alignment and support for procurement strategies.
• Build and maintain relationships with key suppliers and partners to leverage strategic advantages and foster innovation.
• Establish key performance indicators (KPIs) to measure the effectiveness of procurement strategies and operations.
• Drive continuous improvement initiatives in procurement processes, systems, and practices.
• Anticipate and mitigate risks related to procurement and supply chain operations.
  
  
  

Qualifications & Requirements

• Bachelor’s degree in business administration, Supply Chain Management, or a related field; MBA preferred.
• 10 or more years of experience in Global Supply Chain & Sourcing
• Leadership experience in international matrix environments
• Deep understanding of procurement best practices
• Experience with managing integrated value streams.
• Automotive, special vehicles, machinery and/or other engineered product experience is preferred.
• Strong strategic thinking, leadership abilities and negotiation, verbal and written communication skills
• Professional Certifications is preferred (I.E. CSCP, CPM)