KP Recruiting Group is a consulting firm that provides leadership and exceptional talent to some of the world’s leading companies. Headquartered in the Midwest, KP Recruiting Group has successfully completed countless engagements across the United States. We represent clients in all industries and all sizes. Our mission is to provide exceptional client and candidate experiences in order to get the best possible results. On behalf of our client, we are excited to present the following confidential role. We look forward to hearing from you and discussing the opportunity!

The Role:

The Senior Director of Global Procurement will be responsible for building and leading the Procurement organization and proactively managing the company’s indirect spending. This role will serve as the strategic head of the Procurement team by establishing long-term and short-term objectives and strategies aligned with the company’s mission and overall strategic goals related to growth, cost savings, supply continuity, and risk management. Reporting to the Global Controller, the role will develop and execute a strategic vision for Procurement across the company and will elevate Procurement’s status by serving as a strategic partner/advisor to internal stakeholders and meeting and exceeding internal stakeholder expectations to earn the respect of senior leaders across the company. 

In addition, the Senior Director of Global Procurement will be tasked with acting as a change agent, furthering the deployment of best-in-class procurement capabilities and governance structures where strategic sourcing is driven from a company-wide perspective. The role is expected to implement innovative improvements to Procurement procedures, processes, and systems to maximize efficiency and effectiveness. Strong relationship-building skills and the ability to interface at all levels of the enterprise will help this person successfully manage any resistance and work through the challenges common with organizational change.

Responsibilities:

• Collaborating with executives/internal stakeholders to establish Procurement strategies and objectives in both the long and short term

• Elevating Procurement’s status as a strategic partner/advisor with Yahoo executives and internal stakeholders

• Developing and maintaining strong relationships with critical suppliers as appropriate 

• Communicating strategies, priorities, goals, challenges, and results to executives and stakeholders

• Leading strategic sourcing program that drives complex sourcing efforts and negotiating with strategically crucial suppliers

• Partnering with the team to create advanced category strategies that plan for strategic sourcing, value engineering, and demand management opportunities

• Implementing and championing continuous improvement for Procurement governance, procedures, processes, and systems

• Hiring, developing, and retaining talent to build a best-in-class Procurement organization

• Identifying opportunities to extract additional value/innovation from the supply base while considering performance management and risk management approaches.

• Determining, presenting, and executing a procure-to-pay strategy to enable efficient requisitioning, ordering receipt, and payment operations

• Assessing the current state of technology and determining how to maximize digital automation and other technological capabilities

• Developing and implementing procurement procedures and guidelines, and assisting with establishing appropriate buying limits

• Driving the implementation of a third-party risk management program and supporting the centralization of InfoSec, Privacy, and Compliance procedures at the Procurement level

• Implementing supplier diversity program

• Being responsible for supplier vetting and selection 

• Liaising with Legal to enable negotiation of contracts in an efficient and effective manner

• Evaluating the performance of suppliers and providing feedback to internal and external stakeholders on performance and optimization opportunities

• Contributing procurement performance targets as part of annual budgetary cycle and providing regular performance updates. Providing department budget recommendations and establishing controls to assure optimum deployment of resources within the approved budget

• Being responsible for assessing strategic supplier counterparty risk exposure, and where appropriate ensuring mitigating plans and actions are in place