What are the responsibilities and job description for the VP Procurement position at Quanex?
Quanex is looking for a VP of Procurement to join our team! This role is eligible to be seated in any Quanex location with regular travel for meetings and to plant locations.
The VP of Procurement is a hands-on leader who partners across business divisions and corporate functions to ensure cost-effective sourcing, supplier management, and strategic purchasing decisions. This individual will provide overall structure for the purchasing functions that are carried out within specific divisions or plants. The ideal candidate is a highly collaborative, commercial-savvy, results-oriented leader with an ability to drive business results through the Procurement function. This position reports directly to the VP, Operations Excellence but will have extensive interaction with the Operations leaders in assigned divisions and the Product Management team, along with others throughout Quanex.
We Offer You!
About Quanex, A Part Of Something Bigger
Quanex (NYSE: NX) is a global, publicly traded manufacturing company primarily serving OEMs in the fenestration, cabinetry, solar, refrigeration and outdoor products markets. We are A Part of Something Bigger by improving the performance and aesthetics of end products through continuous innovation, helping customers achieve greater production efficiencies, dedication to giving back to communities where we operate, producing shareholder value and helping our employees learn, grow, and thrive. Learn more at Quanex.com.
The VP of Procurement is a hands-on leader who partners across business divisions and corporate functions to ensure cost-effective sourcing, supplier management, and strategic purchasing decisions. This individual will provide overall structure for the purchasing functions that are carried out within specific divisions or plants. The ideal candidate is a highly collaborative, commercial-savvy, results-oriented leader with an ability to drive business results through the Procurement function. This position reports directly to the VP, Operations Excellence but will have extensive interaction with the Operations leaders in assigned divisions and the Product Management team, along with others throughout Quanex.
We Offer You!
- Competitive Salary
- Excellent Bonus Potential
- Medical, Dental & Vision Plans
- Paid Time Off, Training & Holidays
- Charitable Contribution Match Program
- Tuition Assistance
- Wellness/Fitness Resources
- Training & Professional Development
- 401K Match w/ 2-year Vesting Period
- Employee Stock Purchase Plan
- Dynamic Culture & People - just to name a few!
- Ability to develop global procurement strategies to align to overall business strategy
- Implement best-in-class procurement technologies for efficiency, access, and ease-of-use.
- Collaborative and Team-Oriented environment
- Balance the need to establish long-term supplier partnerships to ensure stability and cost efficiency with the need for flexibility and redundant sourcing of critical materials.
- Analyze procurement data to identify cost-saving opportunities and hold suppliers accountable for service expectations and quality. Report regularly to senior leadership on data and trends internally and externally.
- Develop risk mitigation strategies to ensure supply chain resilience.
- Ensure compliance with applicable laws, trade regulations, industry standards, and ethical sourcing.
- Identify, evaluate, and manage key suppliers to ensure quality and reliability. Regularly ensure internal customers are satisfied with the vendors and their services.
- Ensure the negotiation of high-value contracts to optimize pricing and terms.
- In partnership with leaders throughout the organization, identify and implement supplier performance metrics.
- Conduct regular evaluations of all suppliers with communications back to the suppliers and within Quanex.
- Oversee procurement automation and digital transformation initiatives.
- Collaborate with finance, operations, and engineering teams to align sourcing needs.
- Implement procurement process best practices for use by operations purchasing teams to drive consistency across the various divisions.
- Bachelor’s degree in Business, Supply Chain, Operations Management, or related field required
- MBA, Master’s degree in Engineering or related degree preferred
- 10 years of procurement experience required with experience in a global manufacturing environment highly preferred
- 5 years of leadership experience managing teams
- Certified Professional in Supply Management (CPSM) or equivalent certification preferred
- Expertise in global sourcing, contract negotiations, and supplier management required
- Strong knowledge of procurement software, ERP systems, and analytics tools.
- Excellent communication, leadership, and problem-solving skills.
- Ability to manage multiple priorities in a fast-paced environment.
- Proven ability to balance and quickly toggle between strategic thinking and operational action
- Ability to travel to domestic and international locations 10-15%.
About Quanex, A Part Of Something Bigger
Quanex (NYSE: NX) is a global, publicly traded manufacturing company primarily serving OEMs in the fenestration, cabinetry, solar, refrigeration and outdoor products markets. We are A Part of Something Bigger by improving the performance and aesthetics of end products through continuous innovation, helping customers achieve greater production efficiencies, dedication to giving back to communities where we operate, producing shareholder value and helping our employees learn, grow, and thrive. Learn more at Quanex.com.
Salary : $195,000 - $245,000