Position Summary
The Director of Procurement is responsible for leading and developing teams to achieve ambitious company profit improvement targets. The role establishes and enhances supplier relationships to drive sourcing and supplier initiatives that meet or exceed product quality and service requirements. The Director delivers sustainable cost reductions, whilst reducing or mitigating risk in the Supply Chain. The position collaborates with internal and external stakeholders on optimal sourcing strategies. The Director is also responsible for developing and coaching others, driving continuous improvement, and broad organizational change management.
Job Duties and Responsibilities
Promotes and drives towards balanced continuous (year-on-year) value improvement for all aspects of quality, service, and cost across diverse indirect Spend Categories (business strategy and financial impact)Identifies requirements, map to strategy, create options, and lead project execution across broad teamsBuilds internal and external stakeholder relationships focused on long term partnership and successLeads, develops, and coaches procurement team membersDevelops objectives, training, onboarding, standardize work, facilitating cross functional collaboration, and promote a strong sense of communityEnsures optimal balance between collaborative engagement and competitive pressure to ensure maximum value is realized with Spend Categories (internal and external influence at all levels within the organization)Negotiates value improvements by developing and implementing negotiation strategiesManages supplier relationships (KPIs, scorecards, measure against goals)Gathers Market Intelligence and trends across indirect Spend Categories Ensures maximum usage of eProcurement platforms to drive competitive pricingArticulates value creation of category in both written reporting and verbal communication. Ensure support and buy-in of key stakeholders
Position Requirements
Bachelor’s Degree in related field10+ years experience with strategic sourcing or procurement experienceExperience managing multiple, highly complex initiatives at one timeExceptional problem-solving and root cause analysis capabilities; must think strategically and tacticallyHigh sense of urgency and self-motivation; ability to innovate and drive optimization or continuous improvement strategies quickly and independentlyAbility to work well in an ambiguous, rapidly changing environmentStrong leadership abilities. People management experienceProven ability to influence and facilitate conversation with a variety of internal and external stakeholders
Preferred Requirements
MBA DegreeProficient computer skills including all Microsoft Office Suite productsProject management experienceStrong analytical skils
PayThis is a salaried position starting at $126,525.00 and pays up to $158,130.00, based on experience and qualifications.BenefitsAll team members receive the following benefits while working for Life Time:
A fully subsidized membership
Discounts on Life Time products and services
401(k) retirement savings plan with company discretionary match (21 years of age and older)
Training and professional development
Paid sick leave where required by law
Full-time Team Members are eligible for additional benefits, including:
Medical, dental, vision, and prescription drug coverage
Short term and long term disability insurance
Life insurance
Pre-tax flexible spending and dependent care plans
Parental leave and adoption assistance
Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave
Deferred compensation plan, if the team member meets the required income threshold
Life Time is a place for everyone. As an organization, we are committed to an inclusive, diverse and equitable workplace that respects and celebrates the unique contributions of each individual while ensuring we remain an equal opportunity employer that recruits, hires, trains and promotes based on merit and qualifications.