Senior Vice President

leads the procurement and supply chain function, overseeing the sourcing, purchasing, and delivery of materials and services. This role involves strategic sourcing, vendor management, contract negotiation, and ensuring compliance with quality and regulatory standards. The Senior VP Purchase also manages budgets, analyzes market trends, and develops strategies to optimize procurement processes and reduce costs.

Key Responsibilities

Strategic Sourcing and Procurement:Develop and implement sourcing strategies, identify reliable suppliers, and negotiate favorable terms and agreements for raw materials, packaging, and other necessary goods and services.

Vendor Management

Build and maintain strong relationships with suppliers, manage vendor performance, and ensure consistent quality and timely delivery.

Contract Negotiation

Negotiate contracts, pricing, and terms with suppliers to secure the best value for the company.

Compliance

Ensure all purchases comply with relevant regulations, quality standards, and internal policies.

Cost Management

Manage budgets, analyze costs, and implement strategies to optimize procurement spending and reduce costs.

Inventory Management

Oversee inventory levels, manage storage and distribution, and ensure the availability of materials to meet production needs.

Team Leadership

Lead and mentor a team of procurement professionals, fostering a collaborative and high-performing environment.

Stakeholder Management

Collaborate with other departments, such as R&D, production, and finance, to understand their needs and ensure alignment with procurement strategies.

Process Optimization

Continuously improve procurement processes to enhance efficiency, reduce cycle times, and improve overall performance.

Risk Management

Identify and mitigate potential risks associated with the procurement process, such as supply chain disruptions or quality issues