Director, Procurement

Rapid7•Boston, MA

28d

About The Position

Rapid7 is looking for an experienced Procurement leader to join a fast-paced environment. Reporting directly to the Chief Financial Officer, you will be responsible for leading all Procurement efforts and collaborating cross functionally to identify long-term strategy to ensure Rapid7's success. About the Role As the Director of Procurement, you will oversee the centralized, end-to-end sourcing process, which includes demand and stakeholder management, supply analysis and strategy, supplier identification, sourcing execution (e.g., RFPs), contract negotiation, and delivery planning.

Requirements

10+ years of experience in Procurement with five or more years in a leadership role.
Excellent leadership skills including the ability to think critically and independently, communicate effectively, and personal integrity.
Strong negotiation skills, particularly in complex software and service agreements.
Proficiency with ERP systems and ERP system implementation.
Ability to deliver results with limited oversight and supervision.
Understanding of industry-standard Procurement best practices and general procurement regulations, with a strong emphasis on data-driven procurement strategies.
Exceptional communication skills with the ability to influence decision-making.

Responsibilities

Manage our organizational procurement strategy, best-practice-based processes and short, mid, and long-term goals and objectives.
Manage, coach, lead and develop a global team of two analysts, strengthening procurement talent, business acumen, and productivity.
Negotiate terms and conditions for new and renewed contracts, working with our legal and other internal teams to define the must haves.
Identify and realize cost-saving / cost-reduction and cost-avoidance opportunities, targeting a measurable Procurement ROI.
Lead major Supplier Contract/ Price negotiations, driving transparency with senior leaders across the business through effective communication of procurement priorities, outcomes, and performance.
Prepare and analyze RF(x) events.
Build and maintain strategic relationships with key vendors, while overseeing the performance of vendors and ensuring they meet or exceed expectations, aiming for a high supplier quality rating and compliance rate.
Develop benchmarks and scorecards to be used for continuous vendor improvement.
Partner with InfoSec and Legal on Third Party Risk Program and make recommendations on 3rd Party Onboarding process.
Ensure invoice accuracy and compliance with contract / pricing / payment terms and take corrective actions as required.
Benchmark spending and vendor data to align with best practices and identify areas to drive more efficient spend.