About this opportunity
Nws lists this VICE PRESIDENT OF PROCUREMENT opportunity in northern, Kentucky. Review the employer’s description below for duties, qualifications and application requirements.
Job description
POSITION SUMMARY
Industry: Technology, Telecommunications, Micro-Energy & Digital Infrastructure Distribution
Reports To: Chief Operating Officer
Function: Procurement, Strategic Sourcing & Supplier Management
Level: Executive Leadership
The Vice President of Procurement is responsible for developing and executing the company's enterprise procurement, strategic sourcing, supplier management, and supply strategy across its technology, telecommunications, micro-energy, and digital infrastructure portfolio.
The VP of Procurement will build and lead a disciplined procurement organization that ensures competitive product cost, reliable supply, favorable commercial terms, strong supplier relationships, appropriate inventory availability, and effective management of supply-chain risk.
This executive will manage strategic relationships with manufacturers, OEMs, technology providers, distributors, and other supply partners while working closely with Sales, Product Management, Operations, Finance, Logistics, and executive leadership to align procurement decisions with customer demand, revenue objectives, gross-margin targets, inventory requirements, and working-capital goals.
The position requires a combination of strategic sourcing leadership, commercial negotiation expertise, technical market knowledge, financial discipline, supplier relationship management, and operational execution.
PRIMARY RESPONSIBILITIES
Enterprise Procurement Strategy
Develop and execute the company's enterprise procurement and strategic sourcing strategy.
Establish procurement priorities aligned with revenue growth, gross-margin objectives, inventory requirements, customer service levels, and working-capital targets.
Develop category strategies across technology, telecommunications, micro-energy, data center, networking, connectivity, power, and digital infrastructure products.
Establish sourcing strategies that balance cost, availability, quality, lead time, supplier concentration, and supply-chain risk.
Identify opportunities to consolidate purchasing and leverage enterprise purchasing power.
Establish procurement policies, approval authorities, controls, and operating procedures.
Develop multi-year sourcing and supplier strategies supporting the company's growth objectives.
Strategic Sourcing & Purchasing
Lead strategic sourcing and purchasing activities across product categories that may include:
Telecommunications equipment and infrastructure
Fiber optic and broadband products
Wireless and 5G infrastructure
Networking and connectivity
Data center infrastructure
Structured cabling
Outside plant products
Power distribution
Backup power and energy storage
Batteries and battery systems
Solar and renewable-energy components
Microgrids and micro-energy systems
UPS and power-conditioning systems
Electrical infrastructure
Cooling and thermal-management products
Edge computing infrastructure
Network security products
Cloud and IT infrastructure
IoT and connected infrastructure
Ensure sourcing strategies support both established product categories and emerging technologies.
Supplier & Manufacturer Management
Develop executive-level relationships with strategic manufacturers, OEMs, suppliers, and technology partners.
Establish supplier segmentation based on strategic importance, spend, profitability, risk, and growth potential.
Develop joint business plans with strategic suppliers.
Conduct regular supplier business reviews.
Establish supplier scorecards and performance standards.
Monitor supplier quality, delivery performance, lead times, pricing, responsiveness, and commercial compliance.
Develop corrective-action plans for underperforming suppliers.
Identify alternative and secondary sources for strategically important products.
Reduce unnecessary supplier concentration and single-source dependencies.
Commercial Negotiations
Lead major supplier negotiations involving:
Product pricing
Volume discounts
Rebates
Growth incentives
Marketing development funds
Freight terms
Payment terms
Credit terms
Stock rotation
Inventory protection
Price protection
Return privileges
Warranty terms
Lead-time commitments
Service-level agreements
Exclusivity arrangements
Territory rights
Distribution agreements
Ensure supplier agreements improve the company's competitive position while appropriately protecting profitability and working capital.
Cost & Gross-Margin Management
Develop procurement strategies that improve product cost and gross-margin performance.
Monitor purchase-price variance and supplier cost changes.
Identify opportunities for cost reduction and cost avoidance.
Partner with Sales and Finance to understand the impact of supplier pricing on customer profitability.
Negotiate supplier programs that support competitive customer pricing while preserving margins.
Establish processes for communicating supplier price changes throughout the organization.
Analyze landed cost, including product cost, freight, duties, tariffs, storage, and other acquisition expenses.
Inventory & Demand Alignment
Partner closely with Sales, Product Management, Finance, and Operations to align purchasing with:
Sales forecasts
Customer demand
Pipeline
Backlog
Historical consumption
Supplier lead times
Inventory availability
Safety-stock requirements
Product life cycles
Technology transitions
Working-capital objectives
Establish purchasing disciplines that maximize product availability while minimizing excess, obsolete, and slow-moving inventory.
Working Capital & Inventory Optimization
Establish inventory investment strategies by product category and supplier.
Improve inventory turns and working-capital efficiency.
Reduce excess and obsolete inventory exposure.
Negotiate supplier stocking programs, consignment arrangements, vendor-managed inventory, stock rotation, and return rights where appropriate.
Develop strategies for long-lead-time and constrained products.
Partner with Finance to establish inventory targets and purchasing budgets.
Monitor purchase commitments and inventory liabilities.
Supply-Chain Risk Management
Develop an enterprise supplier and procurement risk-management framework addressing:
Supplier concentration
Geographic concentration
Product shortages
Long lead times
Manufacturer discontinuations
Technology obsolescence
Transportation disruptions
Geopolitical risks
Tariffs and trade restrictions
Counterfeit products
Supplier financial stability
Cybersecurity considerations
Natural disasters
Regulatory changes
Develop contingency sourcing and business-continuity strategies for critical product categories.
Micro-Energy & Power Infrastructure Procurement
Develop specialized sourcing capabilities supporting the company's micro-energy and distributed-power portfolio, including:
Battery energy storage
Backup power
Solar infrastructure
Microgrids
DC power systems
UPS systems
Power conversion
Power distribution
Renewable-energy components
Monitoring and energy-management technologies
Evaluate suppliers based on technology maturity, reliability, certifications, warranties, financial stability, product roadmaps, and lifecycle support.
Partner with technical leadership to ensure emerging energy technologies meet customer, regulatory, safety, and performance requirements.
Technology & Product Lifecycle Management
Monitor manufacturer product roadmaps and technology transitions.
Identify end-of-life and end-of-sale risks.
Coordinate sourcing strategies for new product introductions.
Manage procurement implications of technology migrations.
Establish transition plans for discontinued products.
Partner with Product Management and Sales to evaluate new manufacturers and technologies.
Ensure inventory exposure is managed during product transitions.
Procurement Operations
Establish efficient procurement processes covering:
Purchase requisitions
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Who can apply
Review the original listing for work authorization, qualifications and employer requirements.