Head of Procurement

Head of Procurement

Requirements

• Bachelor’s degree in Supply Chain Management, Business, Engineering, or a related field. A Master’s degree or relevant certification (e.g., CPM, CPSM) is a plus.
• At least 8 years of experience in procurement, with a minimum of 3 years in a leadership role, preferably within the robotics, electronics, or high-tech industries.
• Strong understanding of supply chain management principles and best practices.
• Proven experience in negotiating and managing supplier contracts and relationships.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Strong interpersonal and communication skills, with the ability to collaborate effectively across diverse teams.
• Ability to thrive in a fast-paced, start-up environment and adapt to changing priorities.
• Experience with procurement software and data analytics tools.
• Knowledge of industry regulations and ethical procurement standards.

Responsibilities

• Develop Procurement Strategies:​ Lead the development of procurement strategies that align with company goals and objectives in collaboration with department leads.
• Supplier Selection and Evaluation:​ Identify, evaluate, and qualify potential suppliers. Conduct thorough assessments to ensure suppliers meet quality, cost, and delivery standards.
• Contract Negotiations:​ Lead contract negotiations with key suppliers to establish beneficial agreements and maintain long-term partnerships. Ensure terms and conditions align with company needs and risk management policies.
• Cost Analysis and Budget Management:​ Conduct detailed cost analyses to identify opportunities for cost savings and efficiency improvements. Develop and manage the procurement budget, monitoring expenditures and optimizing resources.
• Supplier Relationship Management:​ Build and maintain strong relationships with existing and new suppliers to foster collaboration, innovation, and effective communication. Address and resolve any supply-related issues promptly.
• Market Research and Trend Analysis:​ Stay informed about market trends, emerging technologies, and industry developments. Utilize this information to inform procurement strategies and decision-making.
• Process Optimization:​ Develop and implement processes, policies, and technologies to streamline procurement operations, enhancing efficiency and effectiveness.
• Compliance and Risk Management:​ Ensure procurement activities comply with relevant regulations, internal policies, and ethical standards. Identify and mitigate risks associated with supply chain operations.
• Team Leadership and Development:​ Lead and mentor the procurement team, fostering a culture of continuous improvement, professional growth, and teamwork.
• Performance Metrics and Reporting:​ Establish and track key performance indicators (KPIs) for procurement activities. Prepare and present reports to senior management on procurement performance and strategic initiatives.
• Cross-Functional Collaboration:​ Work closely with internal stakeholders across departments, such as engineering, finance, and operations, to understand requirements and ensure seamless integration of procurement activities with overall company operations.

Preferred Qualifications

• Previous experience reading and interpreting engineering diagrams and documentation
• Experience with Purchasing Electronic components (Highly preferred)
• Experience with Purchasing custom-fabricated components (various materials)
• Netsuite Experience