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Director Of Procurement Jobs

Company

Pekin Insurance

Address Pekin, IL, United States
Employment type FULL_TIME
Salary
Category Insurance
Expires 2023-08-18
Posted at 9 months ago
Job Description

Ready to take the next step in your career? Maybe you’re looking for advancement opportunities, a better work-life balance, or just something new and exciting.


At Pekin Insurance, we strive to go Beyond the expected® in everything we do.


Follow the link below to see what Pekin Insurance has to offer on our campus:

https://vimeo.com/821052055/6987f20aad?share=copy


Position Overview

The Director of Procurement will lead sourcing and procurement responsibilities with a focus on developing and implementing an end-to-end procurement process, including an RFP, data-driven supplier selection processes, and implementing compliance strategies. The Director of Procurement will also execute effective sourcing strategies, providing recommendations on expense mitigation, and collaborating with business partners to support stakeholder requirements and cost reduction activities.


Essential Job Functions

  • Identifies opportunity areas such as product standardization and supplier consolidation to reduce costs while improving quality and service levels
  • Serves as the primary contact for procurement-related questions, training, policy and procedure interpretation, and alignment by all departments
  • Performs other duties as assigned
  • Creates and implements clear roles and responsibilities between contract reviews, sourcing, and procurement functions
  • Directly manages complex negotiations with suppliers that require a detailed strategic plan and have a direct correlation with operational needs and goals, while meeting internal stakeholder requirements
  • Develops and communicates a procurement business plan; establish, communicate, and implement long-term goals for the department to promote effectiveness and efficiency
  • Develops and implements procurement-related training programs for the procurement team and organization
  • Maintains and expands relationships with a diverse range of supply suppliers
  • Develops and manages procurement policies, procedures, and programs with a focus on their ability to enhance organizational value and efficiency; meets regularly with respective departments regarding procurement for their understanding and/or recommendations to enhance policies and procedures, communicates and implements new/revised policies, procedures and programs as needed
  • Develops, communicates, and administers procurement team performance and development plans and appraisals
  • Ensures relationship development and management with key suppliers and internal stakeholders
  • Works with General Council to assess the risks of potential contracts and agreements
  • Develops and implements innovative procurement strategies to maximize spending, reduce risk, and generate savings
  • Conducts market research, cost estimates, and industry forecasts
  • Develops vendor risk assessments, including IS security, financial viability, and service level expectations
  • Meets regularly with Leadership to identify services needed to support their Operating/Business Plans and determines customer satisfaction
  • Works with strategic suppliers to enhance service quality and expense efficiency expectations are met

Education & Experience

Required

  • Typically requires 10+ years of Procurement and contract negotiation experience
  • Bachelor’s degree

Certifications & Licenses

  • N/A

Knowledge, Skills & Abilities

In-depth skill in:

  • Leadership and collaboration
  • Managing one’s own time and working independently

In-depth ability to:

  • Work as a team member and follow directions
  • Interpret and draw conclusions based on available information
  • Work under pressure and meet deadlines
  • Communicate effectively in both oral and written form

Demonstrated knowledge of:

  • Microsoft Office software