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Quanex · 16 hours ago

VP Procurement

Owatonna, MN

Full-time

Hybrid

Director/Executive

$195K/yr - $245K/yr

10+ years exp

Quanex is a global, publicly traded manufacturing company looking for a VP of Procurement to enhance their procurement strategies. This role involves leading procurement functions, developing global strategies, and ensuring effective supplier management and cost efficiency across the organization.

Building MaterialManufacturingProduct Design

Responsibilities

Develop global procurement strategies to align to overall business strategy

Implement best-in-class procurement technologies for efficiency, access, and ease-of-use

Balance the need to establish long-term supplier partnerships to ensure stability and cost efficiency with the need for flexibility and redundant sourcing of critical materials

Analyze procurement data to identify cost-saving opportunities and hold suppliers accountable for service expectations and quality

Report regularly to senior leadership on data and trends internally and externally

Develop risk mitigation strategies to ensure supply chain resilience

Ensure compliance with applicable laws, trade regulations, industry standards, and ethical sourcing

Identify, evaluate, and manage key suppliers to ensure quality and reliability

Regularly ensure internal customers are satisfied with the vendors and their services

Ensure the negotiation of high-value contracts to optimize pricing and terms

In partnership with leaders throughout the organization, identify and implement supplier performance metrics

Conduct regular evaluations of all suppliers with communications back to the suppliers and within Quanex

Oversee procurement automation and digital transformation initiatives

Collaborate with finance, operations, and engineering teams to align sourcing needs

Implement procurement process best practices for use by operations purchasing teams to drive consistency across the various divisions

Qualification

Global procurement strategiesSupplier managementContract negotiationsProcurement softwareERP systemsAnalytics toolsOperational actionLeadership skillsCommunication skillsProblem-solving skillsStrategic thinking