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Welltower™ Inc. (NYSE:WELL) · 1 day ago

VP, Procurement

Dallas, Texas, United States

Full-time

Onsite

Director/Executive

15+ years exp

Welltower™ Inc. is a leading residential wellness and healthcare infrastructure company. The Head of Procurement will design and implement a procurement strategy to achieve significant cost savings and strengthen supplier relationships, while establishing procurement as a key strategic function within the organization.

Commercial Real EstateEnergyHealth CareInfrastructureReal Estate

Growth Opportunities

Responsibilities

Build the Function: Establish the Procurement Department with clear processes, governance, and reporting structures

Strategic Procurement: Oversee $5.8B in spend, executing sourcing initiatives and supplier negotiations that deliver significant cost efficiencies

Technology & Systems: Implement procurement technology platforms (e-sourcing, CLM, analytics) integrated with Welltower’s finance and operations systems

Organizational Leadership: Recruit, structure, and mentor a high-performing procurement team

Cross-Functional Collaboration: Partner with Operators, Finance, and Development to align procurement with enterprise growth

Culture & Change: Model Welltower’s ethos of agility, resilience, fiduciary duty, and shared sacrifice while driving adoption of new tools and processes

Category Management: Develop category strategies across major spend areas (construction, FF&E, IT, food & beverage, healthcare supplies, etc.) with tailored sourcing and supplier strategies

Supplier Relationship Management (SRM): Build long-term partnerships with key vendors, measuring performance through scorecards, KPIs, and innovation initiatives

Risk Management: Establish risk frameworks addressing supply chain continuity, inflation/price volatility, ESG compliance, and geopolitical disruptions

ESG & Sustainability: Embed ESG principles into procurement strategy, including supplier diversity, sustainable sourcing, and carbon footprint reduction

Data & Analytics: Create visibility into spend patterns through dashboards and analytics, enabling predictive and proactive decision-making

Contract Governance: Standardize and enforce contract lifecycle management (CLM) processes to reduce legal and financial exposure

Change Leadership: Drive adoption of new procurement systems and processes across a decentralized enterprise; educate stakeholders on procurement’s strategic value

Benchmarking & Continuous Improvement: Track performance against industry benchmarks and implement continuous cost/value improvements

Qualification

Procurement StrategySupplier Relationship ManagementCategory ManagementProcurement TechnologyFinancial AcumenGlobal Procurement Best PracticesNegotiation SkillsChange LeadershipData & AnalyticsTeam LeadershipCross-Functional Collaboration

Required

15–20 years in Procurement, Strategic Sourcing, or Supply Chain

Large-scale, multi-unit industries such as hospitality, healthcare/senior living, and multifamily

Proven track record managing >$1B+ in spend and delivering measurable cost savings

Building or transforming procurement functions, ideally centralizing from fragmented systems

Exposure to procurement technology platforms (e.g., Coupa, Ariba, Jaggaer)

Global procurement best practices, category management, e-sourcing, and supplier diversity

Strong financial acumen (P&L impact, working capital optimization, TCO analysis)

Experience negotiating high-value, complex contracts with Fortune 500 suppliers

REIT or asset-heavy industries, where procurement ties directly to asset performance

Benefits

Competitive Base Salary + Annual Bonus

Generous Paid Time Off and Holidays

Employee Stock Purchase Program – purchase shares at a 15% discount

Employer-matching 401(k) Program + Profit Sharing Program

Student Debt Program – we’ll contribute up to $10,000 towards your student loans!

Tuition Assistance Program

Comprehensive and progressive Medical/Dental/Vision options

Professional Growth

And much more!

Company

Welltower™ Inc. (NYSE:WELL)

Welltower® (NYSE: WELL) provides real estate capital to the world’s leading health and senior care providers to develop the health care infrastructure necessary to keep people well.

Founded in 1970

Toledo, Ohio, USA

501-1000 employees