Position Summary
The Director of Procurement Strategy & Real Estate will be responsible for developing and executing a comprehensive procurement strategy that aligns with the company’s business objectives. This role will oversee procurement across various categories—including real estate, capital expenditures, goods, and services—while ensuring cost optimization, compliance, and operational efficiency. Candidate will have experience leading SaaS vendor management and procurement processes and leveraging procurement and real estate management technology to enhance efficiency and data accuracy. Candidate will also have strong negotiation skills, a deep understanding of real estate management, and a proven track record in vendor and supplier relations.
Key Responsibilities
Procurement Strategy Development & Execution
- Develop and implement a strategic procurement framework aligned with corporate goals.
- Optimize procurement processes to drive cost savings and improve value across the organization.
- Establish and oversee category management strategies for real estate, capital expenditures, services, and goods.
Real Estate Procurement & Management
- Design and execute a real estate strategy that supports business operations and expansion.
- Lead lease negotiations, renewals, and portfolio management to optimize costs and operational flexibility.
- Oversee property management, ensuring cost-effective maintenance, security, and compliance with regulations.
Vendor & Supplier Management
- Build and maintain strong relationships with key suppliers and vendors.
- Lead contract negotiations and ensure alignment with organizational goals and compliance standards.
- Develop supplier evaluation metrics to track performance, cost-effectiveness, and service quality.
Risk Management & Compliance
- Ensure all procurement activities, including real estate transactions, comply with local, state, and federal regulations.
- Identify and mitigate risks related to procurement, contracts, and supplier performance.
- Implement sustainable procurement initiatives, including environmentally responsible sourcing.
Financial Management & Budgeting
- Oversee procurement budgets, ensuring cost-effective spending and alignment with financial goals.
- Conduct cost-benefit analyses for real estate deals, capital expenditures, and operational expenses.
- Provide senior leadership with data-driven reports on procurement performance and cost savings.
Team Leadership & Development
- Collaborate with cross-functional teams, including Enterprise Support teams (e.g. finance, legal, and operations) as well as Business Line Leaders to align procurement with business needs.
- Develop, mentor, and retain top procurement talent, with a focus on real estate expertise.
Technology & Process Optimization
- Leverage procurement and real estate management technology to enhance efficiency and data accuracy.
- Implement process improvements to streamline operations and reduce administrative burdens.
- Utilize data analytics for strategic sourcing, vendor management, and real estate decision-making.
- Lead SaaS vendor management and procurement processes, ensuring alignment with organizational goals and budgetary requirements.
- Drive strategic sourcing and end-to-end lifecycle management for software vendors, from selection through renewal or termination.
- Oversee third-party SaaS governance, ensuring compliance, performance optimization, and risk mitigation across all providers.
- Manage contract negotiation and performance tracking for software solutions, ensuring favorable terms, service level adherence, and continuous improvement.
Strategic Sourcing & Market Intelligence
- Monitor market trends and real estate developments to identify cost-saving opportunities.
- Lead high-level negotiations for procurement and real estate contracts, securing optimal terms.
- Develop sourcing strategies that enhance supplier partnerships and cost efficiency.
Qualifications & Experience
- Bachelor’s degree in Business, Supply Chain, Real Estate, or a related field.
- 10+ years of experience in procurement, supply chain, or real estate management, with a strong strategic focus.
- Expertise in lease negotiations, real estate portfolio management, and contract negotiations.
- Strong financial acumen, including budget management and cost analysis.
- Experience leveraging ERP procurement and real estate management technologies. Oracle experience preferred.
- Exceptional leadership, communication, and stakeholder management skills.