New

Director Supply Chain - Procurement

MRA-The Management Association
life insurance, paid time off, 401(k)
United States, Minnesota, St. Paul
Jan 17, 2025
Company: Ready Credit Corporation Location: Hybrid Position: Director Supply Chain - Procurement Must reside in the Twin Cities in MN Job Summary We are seeking a talented Director, Supply Chain. The Director Supply Chain is responsible for performing strategic sourcing and negotiation activities for vendor spend that spans multiple categories and/or lines of business under the direction of the VP, Finance. The Director, Supply Chain, builds strong relationships with internal and external partners to execute against organization's sourcing strategies that deliver value and create a measurable, meaningful impact on the company's success. To be successful in this role you must think strategically, demonstrate exceptional contracting, negotiation, and communication skills, and a strong understanding of P&L impact, and have a high level of customer focus and business judgement. The ideal candidate for this role has a history of delivering results, has strong analytical skills, is proactive, and can influence stakeholders, earning the role as trusted advisor. Essential Functions Contribute to the development and execution of category strategies to achieve functional and organizational objectives. Focus on operations, products, and technology departments with overall responsibility for procurement for the entire enterprise. Build a strong understanding of strategic business direction, requirements, and priorities for suppliers and spend categories across lines of business. Specialize in the negotiation of enterprise agreements in collaboration with business stakeholders, external suppliers, and internal teams including Legal, Risk Management, Information Security, and IT. Responsible for analyzing and procurement requests (able to prepare and manage an RFP process), crafting sourcing and negotiation strategies, and creating cost estimates and forecasts, while simultaneously negotiating equitable and cost-effective vendor contracts. Perform deep dive analysis, working with Finance resources on contract and spend information to identify potential savings opportunities. Prepare executive summaries of agreements which include business context, key terms, benefits, cost analysis, risks, and mitigations as well as present to the Senior Leadership team and CEO. Identify potential risks and liabilities in contracts as they relate to policies and business objectives, and proactively develop solutions on contractual terms in collaboration with Legal, Risk, Privacy, Information Security, and business stakeholders. Maintain deadlines on deliverables and communicate on an ongoing basis with all appropriate parties about any issues encountered in the vendor process. Establish a strong network and foster collaboration with customers, suppliers, key stakeholders, and team members. May perform other job-related duties as assigned Education, Experience and Other Skills Bachelor's degree in business management or a related field. 7+ years' experience in sourcing, procurement, vendor management, contract management, and/or related field delivering similar job outcomes Other functional experience, particularly in Operations, Information technology procurement (hardware), vendor service contracts, payment processing, and banking, Mental and Physical Requirements Ability to handle and be trusted with confidential and/or sensitive information Ability to interact effectively with all levels in the company Ability to work in a fast-paced environment Ability to be flexible and to handle multiple projects in an organized, timely manner Ability to solve problems, work under pressure, and to effectively manage stress Ability to work independently Ability to travel as needed. Competitive Benefits Package In addition to ten (10) paid company holidays per calendar year, Ready Credit Corporation offers employees medical, dental, vision, Long and Short-Term Disability, and AD&D benefits, a competitive paid time off program, pet insurance, life insurance, critical illness insurance, as well as a 401K plan in which the Company matches an employee's tax deferred contribution up to 3.5% of their salary. We are an Equal Opportunity Employer.