Chief Purchasing Officer

Responsibilities

• Collaborate with executive management and to design and develop the best in class procurement in organisation and team
• Establish sourcing strategies that align to our strategic and operating plans with a focus on reducing direct and indirect spend
• Drive materials savings in operations via leverage of global supplier relationships
• Provide recommendations to executive staff on best practices in supply and procurement organizations
• Develop a vendor management strategy to reduce and consolidate global vendors
• Provide leadership to global supply and procurement resources within the direct team and across matrixed business relationships
• Develop, communicate and execute against consistent global procurement strategies and practices
• Partner with business leaders, across all functions and regions, to execute capital purchases that deliver cost savings
• Partner with executive leadership on enterprise contingent worker and consulting spend plans
• Develop a systems roadmap that automates key business processes
• Define and execute a Procurement strategy that delivers on established financial targets ensuring monetisation of sourcing productivity
• Coordinate with all business segments shared services and in order to obtain the best outcomes across DFS
• Articulate and execute a Procurement roadmap that builds the capabilities needed for long-term growth and sustainability including launch of a comprehensive preferred vendor program
• Responsible for implementing best in class end-to-end source to pay process improvements working across all key constituents
• Recruit, staff and develop a high-performing and motivated strategic procurement team responsible for interfacing with business and supplier partners
• Design a Procurement organization that has the structure, process, technology, talent practices, metrics and incentive structures needed to deliver the plan and build for the future
• Ensure stakeholder alignment and coordination via clearly articulated governance processes including definition of roles and responsibilities, decision rights and communication and coordination mechanisms
• Establish balanced scorecard metrics (cost, quality, service, etc.) that drive accountability for Total Operating Cost
• Ensure our suppliers are aligned with our low cost approach and held accountable for their performance

Qualification and Education Requirements

• Bachelor in Mechanical Engineering
• Masters in Business Administration (Operations)

Experience

• 20 + Years

Preferred Skills / Special Skills

• Cross functional coordination
• Global Procurement/Sourcing
• Category Management
• Negotiations and cost control
• Supplier Relationship Management
• LEAN procurement
• Contracts/Agreement formulation
• Budgeting & cost optimization
• Project Management
• Problem Solving
• Costing Developments
• Supplier relationship Management