Date Posted: 3/25/2025 9:02:44 AM
City, State: Denver, CO
Job Type: Full Time
Salary (USD): $175,000 - $190,000
Description
Position Details:
Title: Vice President, Procurement
Location: Remote – Denver-, Dallas- or Central Time Zone-based preferred
Schedule: Mon – Fri Days
Compensation: $175k – $190k target base salary + 30% bonus potential + Stock Appreciation Rights Benefits: Comprehensive benefits – eligible after 30 days. Includes Medical, Dental, Vision Insurance, 401(k) with 4% discretionary company match (paid Quarterly), Company paid Life, Voluntary life, short- and long-term disability, Monthly wellness stipend, Unlimited PTO Plan, 7 standard Holidays, 2 volunteer days and 1 Diversity/Cultural Holiday.
Travel: 20% - domestic/international travel to Suppliers, and monthly Executive Team meeting in Denver.
Position Description:
Reporting to the CEO, the Vice President of Procurement will spearhead the creation and implementation of the organization's procurement strategies. This role includes optimizing procurement processes, overseeing global supply partners, maintaining quality standards, and ensuring efficient resource management to achieve operational excellence and cost savings. Additionally, the Vice President of Procurement develops and implements strategic sourcing strategies to drive procurement planning and execution. These efforts support sustainable growth and enhance the organization's market position. With a track record of 20% Year over Year growth, company plans on 5X growth within 5 years.
• Develop and execute strategic procurement plans by interpreting industry trends, customer requirements and business objectives.
• Monitor market trends and adjust strategies to mitigate potential supply disruptions.
• Analyze data to drive decision-making and improve overall effectiveness including the use of advanced digital technologies.
• Foster strategic partnerships with key suppliers through active collaboration to achieve business goals.
• Identify and mitigate potential risks, ensuring compliance with regulatory requirements and industry standards.
• Collaborate internally and externally to drive cost reduction and contract execution.
• Perform on-site assessments and utilize in-depth research and analysis to evaluate potential suppliers based on their quality management systems, capabilities, and past performance.
• Ensure compliance with customs, environmental and storage requirements.
• Establish a world class material management and tracking process.
• Provide leadership, mentorship, and professional development opportunities to the procurement team, fostering a collaborative and high-performance culture.
• Recruit, interview, hire, and train department staff. Current team includes 2 Procurement Directors, a Purchasing Manager, Buyer and an Apprentice.
• Oversee the daily workflow of the department through a continuous improvement approach.
• Perform constructive and timely personnel development conversations.
• Handle discipline and termination of employees in accordance with company policy
Competencies: Development, Collaboration, Innovation, Empowerment, Accountability, Strategic Aptitude, Business Acumen
Requirements:
• Bachelor’s degree in a related field or relevant experience; MBA a plus
• 10 or more years’ experience in procurement or supply chain management
• Excellent leadership, communication and analytical skills.
o 3 or more years in a senior leadership role
o Leadership experience within a large organization
o Experience in market research and data analysis
• Proven ability to drive change and deliver results in a complex, dynamic environment
• Expert knowledge of procurement best practices, processes and technologies
• Thorough understanding of procurement technologies, ERP systems and data analytics tools
• Ability to make strategic buying recommendations and take appropriate action
• Proven track record of leading procurement transformations and implementing processes.
• Strong negotiation and vendor management skills.
• Deep understanding of procurement compliance and risk management - experience in a highly regulated industry, preferred
• The ability to work with a diverse and cross-functional team and manage multiple tasks simultaneously
• Must be able to pass a background check and drug screen.
Job Posting
