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Senior Director, Sourcing Procurement Ops

Northwestern Mutual, Milwaukee, Wisconsin, United States, 53244

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divh2Senior Director of Procurement Operations/h2pThe Senior Director of Procurement Operations is responsible for leading, directing, and optimizing the companys procurement operations, ensuring efficiency, compliance, and strategic alignment with business and finance/risk objectives. This role oversees procurement technology, operational processes, procurement excellence initiatives, reporting and analytics, and procurements overall data and AI strategy. The goal of this position is to lead the procurement operations unit and its team to drive value, enable cost savings, and operational excellence across the organization./ppPrimary Duties Responsibilities:/pulliAbility to build strong relationships with business partners at all levels, in order to implement procurement best practices, increasing the influence/role of Sourcing Procurement within various business teams./liliDirect management of people leaders and individual contributors aligned to the Procurement Operations and Procurement/Finance Centers of Excellence (COE)./liliPerform constant evaluation of procurement processes across market research, planning/forecasting, strategic sourcing, contracting, third party risk management, and supplier governance for ongoing synergies, efficiencies, and improvements./liliUnderstand procurement best practices in order to provide process and system recommendations to sourcing and procurement leaders./liliSet a long-term strategic approach to enrich and maintain accurate and robust procurement data and information./liliSet a long-term vision to execute and transform the value realized from procurements ability to conduct data analytics and data visualization practices./liliExpand Procurements capabilities around reporting for the purpose of influencing business decisions and improving supplier-based ROI./liliCreate, update, and maintain strategic roadmaps for SPs data/analytics strategies to drive project prioritization and create alignment across all procurement and finance functions./liliDevelop and maintain SP reporting dashboards to represent NM supplier spend, demand, supplier utilization, performance, and risks./liliDevelop and maintain SPs measurements and reporting surrounding the functions savings and value contributions./liliDevelop a strong execution strategy for team members, business partners, and the broader function./liliDefine and direct performance objectives and career path/building opportunities for each member of the team./liliOversee day-to-day management of a broad portfolio of Procurement systems, tools, and programs./liliEvaluate opportunities to streamline the performance and administration of all procurement systems and tools./liliInfluence leadership on best practices, process changes, market inputs, etc./liliEstablish and monitor key performance indicators (KPIs) for procurement operations performance./liliOversee procurement operational units (i.e. Sales/Use Tax and others) to ensure performance, delivery, and value./liliConsistently work with procurement stakeholders and partners across the company to ensure the teams success and changing requirements/needs for compliance, risk, audit, and regulatory standards./liliSupport procurements compliance with company policies, ethical standards, and regulatory requirements./liliEstablish and lead ongoing initiatives to improve procurement agility, speed, transparency, and partnership with company stakeholders, leaders, and business owners./li/ulpQualifications:/pulliBachelors Degree with an emphasis in Business, Information Systems, Supply Chain Management, Accounting/Finance, Engineering or related field, or an equivalent combination of education and work experience./liliMinimum of 10 years of work experience with a specific focus on strategic sourcing or procurement, supplier management, finance, supply chain management, or other related field./liliMinimum of 5 years of management experience./liliMinimum of 5 years of experience in leading the development and management of category plans or sourcing strategies./liliProven ability to establish and maintain cross-functional relationships, influence change with diplomacy, and lead the decision-making processes./liliStrong customer focus, interpersonal, and communication skills./liliExcellent research, analytical, problem solving, planning and organization skills required as well as a high degree of personal initiative and motivation./liliMBA, MS/ME is a plus./liliConsulting experience with global management consulting firm is a plus./liliPrevious strategic procurement operations, systems administration, data, analytics, and reporting experience preferred./liliDirect knowledge and/or training in formal strategic sourcing and procurement preferred./liliStrong understanding of procurement systems, analytics, and contract management tools (i.e. Zip, SpendHQ, Peoplesoft, etc.)/liliExperience operating in Financial Services, Banking, and/or Insurance industries preferred./li/ul/div