Director of Procurement

OverviewThe Director of Procurement is a new role within symplr . This position will lead efforts for developing , implementing, and managing procurement strategies aligned with the symplr’s goals and objectives . The Director of Procurement will be responsible for managing vendor relationships and agreements , negotiating contracts, and identifying and negotiating cost-saving opportunities . Additionally, this position will oversee the procurement process from sourcing to delivery, ensuring timely and cost-effective acquisition of goods and services while maintaining quality standards . This role presents an opportunity for expansion, with the potential to grow and lead a dedicated team .

Duties & Responsibilities

• Develop and execute strategic and tactical approaches to symplr’s procurement and sourcing processes
• Establish and document procurement policies and procedures to enhance organizational value and efficiency
• Lead various tasks, including requirements gathering, sourcing strategies, cost analysis, contract negotiation, price negotiation, and supplier management
• Manage vendor performance and ensure accountability
• Manage vendor agreement termination and renewal cycles
• Drive the implementation and continuous improvement of symplr’s supplier relationships and procurement processes
• Utilize industry knowledge to develop procurement strategies in collaboration with business teams
• Communicate procurement business plans to implement short, intermediate, and long-term goals
• Review and analyze commercial contract terms, identifying potential risks or liabilities
• Expertly negotiate competitive contracts to optimize cost savings and favorable terms
• Utilize spending visibility and supplier behavior data to inform negotiation strategies
• Proactively manage supplier relationships through market research, performance reviews, and issue resolution
• Contribute to the development of procurement policies and programs, focusing on compliance and risk management
• Serve as a resource for procurement-related inquiries and provide training and support to team members and departments
• Collaborate with business partners to enhance understanding and adoption of procurement policies and processes
• Develop processes to track procurement results, including savings, supplier quality, and cash flow improvement
• Establish detailed project plans to track execution performance , including regular reporting to senior management re cost savings, negotiation outcomes, vendor relationship statuses, etc
• Train, coach, and develop team members to enhance their skills and capabilities within the procurement team

Skills Required

• Demonstrated ability to reduce costs significantly through effective negotiation strategies
• Demonstrated ability to review, redline, and negotiate vendor agreements, including knowledge of legal/contractual issues and the ability to work with in-house counsel on applicable legal issues, as appropriate
• Previous experience in the field with demonstrable management experience
• Assertive with strong communication skills
• Strong leadership skills and the ability to direct others
• Exemplary multitasking and organizational skills
• Strategic planning abilities around process design and implementation and the ability to operate with minimal guidance
• Demonstrated ability to reduce costs significantly through effective negotiation strategies
• Expertise in modernizing procurement operations and transitioning between software vendors
• Strong skills in process mapping, instrumentation, and system setup, with a customer-centric approach to iterating procurement processes based on feedback
• Proven track record in managing complex negotiations and projects
• Ability to lead multiple projects and tasks effectively, make decisions and solve problems under pressure
• Demonstrates strong presentation skills suited for executive audiences
• Execute additional duties as assigned

Qualifications Required:

• Bachelor's degree in business administration, supply chain management, or a related field preferred
• Minimum of 10 + years' experience in in procurement, strategic sourcing, or supply chain management,
• Experience in project management, contract management, supplier relationship management, risk mitigation and dispute resolution preferred
• Excellent knowledge of procurement best practices, supplier regulatory requirements, and market trends
• Experienced in evaluating and interpreting commercial business terms
• Familiarity with tools and processes used to conduct financial data modeling , such as Microsoft Office, Adobe, CLM system, Power BI
• This position is a “work from home” position, so you need the ability to work r emote ly with up to 10% travel as needed

Min USD $135,000.00/Yr.

Max

USD $155,000.00/Yr.