Overview
The Chief Procurement Officer is responsible for leading the procurement function within the organization, establishing procurement strategies, managing vendor relationships, and ensuring cost-effective purchasing processes.
Responsibilities
- Develop and implement procurement strategies to meet cost savings targets and improve efficiency.
- Lead negotiations with suppliers to secure favorable terms and pricing agreements.
- Oversee the procurement team and ensure compliance with company policies and procedures.
- Manage vendor relationships and evaluate vendor performance regularly.
- Analyze market trends and leverage buying power to drive business results.
- Identify opportunities for process improvement and implement best practices in procurement operations.
Qualifications
Bachelor's degree in Business Administration, Supply Chain Management, or related field. Master's degree is a plus.Proven experience in procurement or supply chain management, with at least 5 years in a leadership role.Strong negotiation skills and ability to build productive relationships with vendors.Excellent analytical and problem-solving abilities.Knowledge of procurement best practices and market trends.Exceptional communication and leadership skills.#J-18808-Ljbffr