Additional Director – Direct Materials Procurement Job Description Template
As the Additional Director – Direct Materials Procurement, you will be responsible for managing the procurement of direct materials used in production. You will lead a team to develop strategies for sourcing, negotiating contracts, and working closely with suppliers to secure the best terms for the organization. Your expertise will ensure efficient and cost-effective procurement operations.
Responsibilities
- Develop and implement procurement strategies for direct materials.
- Lead negotiations with suppliers to secure favorable terms and conditions.
- Manage supplier relationships to ensure high performance and continuous improvement.
- Analyze market trends and conditions to inform sourcing decisions.
- Ensure compliance with company policies and regulatory requirements.
- Collaborate with cross-functional teams to align procurement strategies with business objectives.
- Monitor and report on key performance indicators (KPIs) related to procurement activities.
Qualifications
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- 10+ years of experience in procurement, with a focus on direct materials.
- Proven track record of successful supplier negotiations.
- Strong analytical skills and the ability to make data-driven decisions.
- Excellent communication and leadership skills.
- Experience with procurement software and systems.
Skills
- Strategic Sourcing
- Supplier Relationship Management
- Contract Negotiation
- Market Analysis
- Risk Management
- SAP Ariba
- Project Management
- Analytical Thinking
- Leadership
Frequently Asked Questions
An Additional Director – Direct Materials Procurement oversees the acquisition of materials that are directly used in a company's production processes. They develop procurement strategies, negotiate with suppliers, and aim to achieve cost-efficiency while ensuring quality and timely delivery. They also manage supplier relationships to support business objectives.
To become an Additional Director – Direct Materials Procurement, one typically needs a bachelor's degree in supply chain management, business administration, or a related field. Extensive experience in procurement and strategic sourcing, often more than a decade, is also essential. Advanced certifications like CPSM or CIPS and strong leadership skills are highly advantageous.
The average salary for an Additional Director – Direct Materials Procurement varies based on location, company size, and individual experience, but it is generally competitive given the strategic nature of the role. Attractive benefits may include performance bonuses, stock options, and comprehensive health plans, reflecting the high level of responsibility.
Qualifications for an Additional Director – Direct Materials Procurement typically include a relevant bachelor's degree, professional certifications such as CPSM or CIPS, and a proven track record in senior procurement roles. Strong analytical, negotiation, and leadership skills are crucial, as is the ability to drive efficiency and innovation in supply chains.
An Additional Director – Direct Materials Procurement must possess skills such as strategic sourcing, supplier negotiation, leadership, and financial acumen. Their responsibilities include developing procurement strategies, managing budgets, fostering supplier relationships, and ensuring the seamless integration of procurement activities into the broader organizational goals.