The Purchasing Director is responsible for working with departmental leaders to oversee the procurement process and contract renewal process, ensuring that the organization obtains goods and services at the best possible prices, terms and conditions. The person in the role will be a strong negotiator and strategic thinker who can support the departmental heads with vendor sourcing and management.
Minimum Qualifications:
- Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or related field (required).
- Minimum of 8 years of experience in procurement, with at least 3 years in a leadership or management role.
- Deep expertise in IT related procurement.
- Familiarity with procuring services from law firms and consulting firms.
- Preference for experience at a financial institution.
Primary Job Functions:
- Create and own the process for collaborating with departmental leaders on their new procurement needs and contract renewal processes.
- Build and maintain a repository of all vendor contracts to help drive strategic decisions ahead of renewal negotiations.
- Build and maintain strong relationships with suppliers, negotiating pricing, terms, and delivery schedules to achieve cost savings and ensure timely deliveries.
- Analyze market trends and supply department leaders with benchmarking in to ensure we are procuring products and services at the best possible price and terms.
- Work with departmental leaders and the legal team to negotiate with suppliers and service providers to secure favorable contracts and ensure compliance with company policies and legal requirements.
- Ensure that all purchasing activities comply with legal regulations, company policies, and ethical standards.
- Prepare regular reports on procurement activities, cost savings, and supplier performance to senior management.
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Skills & Competencies Required:
- Strong knowledge of procurement processes, supplier management, and contract negotiation.
- Familiarity with software solutions for managing a vendor database.
- Excellent leadership and team management skills.
- Strong analytical, problem-solving, and decision-making abilities.
- Ability to manage multiple priorities in a fast-paced environment.
- Excellent communication and interpersonal skills to work effectively with internal and external stakeholders.
- Proficient in procurement software, Microsoft Office Suite.
Additional Information:
Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.
Please be aware of job fraud(s) – all correspondence emails regarding your candidacy will come from our Fortegra.com email address. Thank you.
