Cushman & Wakefield · 1 month ago
Chief Procurement Officer
Chicago, IL
Full-time
Onsite
Director/Executive
$255K/yr - $300K/yr
15+ years expCushman & Wakefield is a leading global real estate services firm, and they are seeking a Chief Procurement Officer to lead a global procurement transformation. The role involves overseeing procurement savings, building global capabilities, and ensuring effective supplier management and operational reporting.
CommercialCommercial Real EstateConsultingLeasingLegalProperty Management
Responsibilities
Drive and deliver a comprehensive global procurement transformation, including the implementation of a new global vendor management system, process modernization, and the development of a high-performing, adaptable team to achieve strategic objectives
Continue efforts to build a robust global supplier network. Optimize supplier management functions, and monetize third-party spend through effective negotiations and vendor price discount strategies to enhance EBITDA
Design and implement scalable operating models and category management frameworks, ensuring governance, transparency, and dedicated ownership for key spend areas across the organization globally
Oversee the creation and tracking of project plans, key performance indicators, and financial and operational reports to monitor progress, enforce accountability, and provide clear status updates to executive leadership
Successfully lead and deliver a global procurement transformation program over two years, resulting in improved technology enablement, streamlined processes, and a redefined procurement function
Achieve full deployment and adoption of a new global procurement technology suite, with measurable increases in process efficiency, data transparency, and user engagement
Establish a globally aligned supplier management framework, reducing fragmentation in EMEA and APAC, closing category ownership gaps, enhancing local supplier network in the US and increasing supplier performance and client value delivery
Drive organization-wide change management initiatives, resulting in high stakeholder engagement, rapid adoption of new processes, and a culture of continuous improvement
Monetize $5B+ in third-party spend, capturing additional EBITDA through vendor price discounts (VPDs) and innovative procurement strategies
Develop an ongoing program to identify and realize new opportunities to reduce corporate spend
Reduce time to generate business unit spend analytics and increase the granularity of spend data, enabling more informed decision-making and improved financial reporting
Assess and elevate procurement team capabilities, identifying top performers and strengthening overall bench strength through targeted coaching and development programs
Build strong partnerships with service line leadership, balancing local/regional needs with global frameworks and delivering measurable improvements in stakeholder satisfaction
Enhance client value through improved procurement solutioning, pricing strategies, and risk management, resulting in increased account profitability and retention
Qualification
Required
Bachelor's Degree and at least 15 years of related professional work experience desired
Proven executive experience in procurement or with a track record of leading large-scale transformation initiatives
Demonstrated ability to modernize functions through technology enablement, process redesign, and team development
Expertise in driving organizational change, fostering stakeholder engagement, and ensuring rapid adoption of new processes and systems across global teams
Strong ability to build and maintain relationships with internal and external stakeholders, including service line leadership, suppliers, and clients
Skilled at balancing local/regional needs with global frameworks to deliver measurable improvements in satisfaction and value
Ability to drive performance from direct team and overall corporation
Ability to instill confidence in mission with Corporate Partners, Suppliers and Employees
Experience in designing and implementing scalable operating models and category management frameworks, with a focus on governance, transparency, and ownership of key spend areas
Deep understanding of financial management within procurement, including spend analytics, reporting, and strategies to optimize EBITDA through vendor negotiations and cost reduction
Experience and expertise in developing/designing and running all aspects of a Procurement Center of Excellence
Experience and expertise in developing a ground-up data warehouse/cube/lake approach to provide the required data to make critical financial decisions and report status to key stakeholders
Demonstrates ability to quickly and proficiently understand and absorb new information and develop penetrating insights
Able to structure and process qualitative or quantitative data and draw insightful conclusions from it
Ability to convert data into well thought out strategies
Ability to lead complex, enterprise-wide transformation initiatives, particularly within procurement
Proven success in driving technology adoption, process redesign, and cultural change
Delivers tangible, measurable results rapidly by driving procurement transformation, optimizing spend, and ensuring accountability for strategic objectives
Communicates complex ideas clearly and persuasively to all audiences, ensuring alignment and understanding across the organization
Preferred
Master's degree preferred
Benefits
Health, vision, and dental insurance
Flexible spending accounts
Health savings accounts
Retirement savings plans
Life, and disability insurance programs
Paid and unpaid time away from work
Company
Cushman & Wakefield
Cushman & Wakefield is a real estate services firm that offers retail investment, energy management, and property services.
10001+ employees
H1B Sponsorship
Cushman & Wakefield has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (6)
2023 (2)
2022 (6)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$734.8MKey Investors
GreystoneCitizens BankVanke
2023-10-10Post Ipo Debt· $223.8M
2023-08-08Post Ipo Debt· $400M
2022-10-13Post Ipo Debt· $27.3M
Leadership Team
Matthew Bouw
CEO Asia Pacific & EMEA
Michelle M. MacKay
CEO
Recent News
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