VP of Procurement (Cleveland, OH)
Strategic Sourcing & Category Management
* Develop and execute a comprehensive strategic sourcing strategy across all categories (direct materials, indirect spend, services, and capital).
* Establish category strategies that optimize total cost of ownership (TCO), reduce risk, and support product innovation and scalability.
* Lead make/buy decisions, supplier rationalization initiatives, and long-term sourcing roadmaps.
Supplier Relationship & Risk Management
* Build and maintain strategic supplier partnerships to ensure continuity of supply, quality, innovation, and ethical compliance.
* Lead supplier performance management, including KPIs, scorecards, QBRs, and corrective action plans.
* Proactively identify and mitigate supplier, geopolitical, financial, and operational risks.
Contracting, Negotiation & Governance
* Lead high-impact contract negotiations, pricing agreements, and commercial terms to deliver sustainable value.
* Establish sourcing governance, policies, and controls to ensure compliance, consistency, and transparency.
* Partner with Legal and Finance to ensure contracts align with risk tolerance and financial objectives.
Cost Management & Value Creation
* Drive year-over-year cost savings and productivity improvements while balancing quality, service, and supply assurance.
* Lead should-cost modeling, cost breakdown analysis, and market intelligence to inform sourcing decisions.
* Support capital planning and long-term investment strategies through supplier collaboration.
Leadership & Talent Development
* Build, lead, and develop a high-performing strategic sourcing and procurement organization.
* Establish clear accountability, capability development, and succession planning within the sourcing function.
* Foster a culture of strategic thinking, collaboration, and continuous improvement.
Cross-Functional Collaboration
* Partner closely with Supply Chain, Manufacturing, Engineering, Finance, and IT to align sourcing strategies with operational needs.
* Support new product introductions (NPI) and design-for-cost initiatives through early supplier engagement.
* Serve as an executive advisor to the COO on sourcing-related risks, opportunities, and market dynamics.
Systems, Data & Analytics
* Leverage procurement and sourcing technologies (e.g., ERP, e-sourcing, contract lifecycle management tools) to improve visibility and decision-making.
* Define and track sourcing KPIs, savings realization, supplier performance, and risk indicators.
Qualifications
Education
* Bachelor's degree in Business Administration, Supply Chain, Finance, Engineering, or a related field.
* MBA or advanced degree strongly preferred.
Experience
* 10-15 years of progressive experience in strategic sourcing, procurement, or supply management.
* 5-8 years in a senior leadership or executive role within a manufacturing or industrial en...
- Rate: Not Specified
- Location: Cleveland, US-OH
- Type: Permanent
- Industry: Finance
- Recruiter: Consolidated Precision Products
- Contact: Not Specified
- Email: to view click here
- Reference: co10246
- Posted: 2026-06-25 08:08:16 -
- View all Jobs from Consolidated Precision Products
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