Our client is a billion-dollar asset-based 3PL that provides best in class transportation and warehousing services across the United States to leading retailers. Technology, expansion of service offerings, new locations, and a strategic plan to service their customers has been the catalyst to the organization's growth.
LOCATION
Lyndhurst, New Jersey
Job Overview:
The Director of Procurement will be responsible for all ordering, pricing, and purchasing for the supplies, equipment, etc. pertaining to our client's distribution/fulfillment, warehouse management, and transportation divisions. As a leading Third-Party Logistics (3PL) company, the Director of Procurement will develop, implement, and manage best practices procurement processes that align with the company's business objectives. This newly created position will report to the Chief Financial Officer.
Duties and responsibilities:
Strategic Leadership: Develop, create and execute the plans of the company's procurement department, ensuring alignment with the overall business strategy.
Purchasing: Oversee and manage the purchasing of equipment and supplies while evaluating potential new and existing vendors.
Cost Savings: Evaluate the current list of suppliers while researching and developing new programs and vendors who can support the business with better products and pricing models. This will be done with the finance team as it relates to forecasted budgets on the organization's needs.
Continuous Improvement: Champion a lean-first mentality by assessing current deficiencies first, while putting a strategic plan together to assess short- and long-term objectives and benchmarks.
Key Performance Indicators: (KPI's): Develop and manage key performance Indicators for the procurement team.
Vendor and Stakeholder Management: Manage relationships with vendors and partners, ensuring that the company has access to the best tools and services. Collaborate with other departments to understand their needs and deliver appropriate solutions.
Team Development: Build and lead a high-performing procurement team. Foster a collaborative environment that encourages professional growth, continuous learning, and a strong alignment with the company's goals.
Budget Management: Develop and manage the procurement budget, ensuring that investments deliver maximum return on investment and support the company's financial objectives.
Qualifications:
Education and Experience: Bachelor's degree in finance, supply chain management, economics, or a related field. A master's degree or MBA is preferred.
Minimum of 8 years of procurement experience in distribution, logistics, or supply chain leadership roles, with a proven track record within the third party logistics industry.
Leadership Skills: Demonstrated ability to lead and develop a high-performing team. Strong strategic thinking, decision-making, and problem-solving skills.
Communication: Excellent communication and interpersonal skills, with the ability to effectively collaborate with other departments.
Project Management: Strong project management skills with experience in overseeing and managing multiple projects simultaneously.
Vendor Management: Experience in managing relationships with vendors and negotiating contracts to ensure the best outcomes for the company.
Compliance Knowledge: Familiarity with relevant industry regulations and standards, and experience in implementing compliance and risk management strategies.
Procurement experience within the logistics and supply chain industries is required.
Exceptional analytical skills with data mining expertise (to help develop team)