
Director of Strategic Sourcing and Procurement
- West Greenwich, RI
- Permanent
- Full-time
- Strategic Sourcing & Commodity Management: Develop and implement strategic sourcing initiatives across Lottery business categories, including hardware (e.g., terminals, vending machines) and print materials (e.g., instant tickets, thermal paper). Continuously monitor key component markets to mitigate cost and risk impacts, ensuring optimal market positioning.
- Supplier Relationship & Performance Management: Establish and nurture strong global supplier relationships, driving performance, innovation, and risk mitigation. Conduct regular supplier business reviews, create performance scorecards, and implement continuous improvement programs.
- Cost Optimization & Compliance: Identify and execute cost-savings strategies while maintaining quality, delivery, and regulatory compliance. Lead value engineering initiatives where applicable and ensure adherence to global procurement policies and industry standards.
- Contract Negotiation & Risk Management: Lead complex contract negotiations to secure favorable terms while reducing legal and operational risks. Manage risks associated with global supply chain volatility, geopolitical challenges, and tariffs.
- Team Leadership & Cross-Functional Collaboration: Mentor and lead a high-performing procurement team. Partner cross-functionally with Legal, Quality, Accounting, Engineering, Operations, and Logistics to support business growth and customer contract obligations.
- Operational Excellence: Oversee procurement operations, including RFPs, RFQs, contract management, and purchase order execution. Drive process improvements through advanced procurement tools (e.g., ERP systems, e-sourcing platforms) and maintain ISO 9001 certification standards.
Minimum: Bachelor's degree in Supply Chain Management or a related field
Preferred: Master's degree in Supply Chain Management or a related fieldExperience:Minimum: 8 years of experience directly related to the duties and responsibilities specified
Preferred: 12+ years of experience directly related to the duties and responsibilities specified
- Strong understanding of global events and policies affecting procurement strategies, including competitor sourcing practices.
- Expertise in solving both technical and interpersonal challenges to foster supplier relationships and ensure seamless product delivery despite supply chain disruptions.
- Experience in managing supplier performance through adaptable strategies, driving innovative solutions to address urgent business needs.
- Ability to negotiate and manage complex contractual arrangements internationally, requiring cultural awareness and business acumen.
- Exceptional communication and listening skills to engage diverse internal and external stakeholders.
- Proven leadership in resolving conflicts between suppliers and internal customers, acting as a strategic connector between external market dynamics and internal priorities.
- Comfortable interacting with C-level executives, both internally and externally, given the size and complexity of major contracts.
- Building collaborative relationships
- Decision making
- Drive results
- Foster innovation
- Personal energy
- Self-leadership