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Tide Rock · 1 month ago

Director of Indirect Procurement & Purchasing

Solana Beach, CA

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

Tide Rock is an unlevered buy out firm that acquires lower middle market companies with strong free cash flow and grows them to scale. They are seeking a strategic Director of Procurement and Purchasing to lead procurement activities, drive sourcing strategies, and maximize profitability across the portfolio.

Financial ServicesImpact InvestingSoftware

Responsibilities

Develop and execute a comprehensive procurement strategy for both direct and indirect categories aligned with enterprise goals

Lead negotiations for large ticket items at Tide Rock and specific portfolio companies

Oversee sourcing, supplier selection, negotiation, and contract management for all procurement activities across the investment firm and portfolio companies

Design a scalable, standardized Procurement & Purchasing Playbook to guide portfolio companies in executing best-in-class procurement practices

Define core processes, tools, and KPIs to drive consistency, transparency, and accountability across diverse operating environments

Incorporate procurement maturity assessments, spend categorization frameworks, supplier evaluation criteria, and cost-saving methodologies

Deliver training and onboarding resources to portfolio company teams to support adoption and execution

Customize playbook elements as needed to address industry- or company-specific needs while maintaining alignment with the firm’s overall procurement strategy

Serve as a trusted partner to the leadership teams of portfolio companies, assessing procurement needs and providing strategic sourcing expertise

Establish procurement frameworks and governance models to ensure consistency and efficiency across diverse businesses and sectors

Identify and implement initiatives to reduce costs, improve supplier performance, and increase operational efficiency

Track and report on procurement-driven savings and their impact on EBITDA and overall enterprise value

Build and maintain strong supplier relationships to ensure high-quality, reliable, and cost-effective sourcing

Manage procurement risk, ensuring compliance with legal, regulatory, and ethical standards

Leverage data analytics to guide procurement decisions, track KPIs, and benchmark performance across the portfolio

Utilize spend analysis tools to identify consolidation opportunities and drive purchasing synergies

Qualification

Procurement StrategyCost Savings InitiativesFinancial AcumenAdvanced NegotiationProcurement SystemsStakeholder ManagementCross-Functional CollaborationCommunication Skills