Senior Director of Procurement

Pretium Packaging

About The Position

Leads and manages Pretium’s procurement function. Develops and implements strategies, builds high performing teams, oversees supplier relationships, negotiates contracts, and ensures compliance with regulations, all while optimizing Total Cost of Ownership (TCO) and operational efficiency. This role is increasingly strategic, requiring strong leadership, negotiation skills, and the ability to align procurement with broader business objectives. Creates and implements strategic sourcing plans and strategies that align with the organization's overall goals and objectives to reduce costs, improve efficiency, and maximize the value derived from procurement activities. Manages the entire lifecycle of sourcing and procurement projects, from planning and bid preparation to budget/forecasting, negotiation, invoicing and reporting. Leads and manages procurement teams, providing guidance, mentorship, and performance management. Develop collaborative long-term partnerships with suppliers, contractors and outsourced service providers to reduce TCO costs, and meet legislative requirements and achieve high quality outcomes. Identify appropriate department KPI’s and measure and monitor performance against these. Drive savings by developing and applying various strategies such as volume leverage, supplier concentration, supplier segmentation and negotiating prices, payment terms, schedules and other terms and conditions as required. Collaborate with supply chain leadership and other key stakeholders on raw materials to optimize inventory levels within agreed parameters and maintain accurate stock levels for Business Continuity Planning (BCP) purposes Analyzes raw material market trends, identifying potential risks within the value chain, and developing mitigation strategies. Works closely with other executive leaders to ensure strategies are aligned with overall business objectives, such as cost reduction, revenue growth, and risk management. Explores and implements new technologies and processes to improve procurement efficiency, compliance and effectiveness, including AI-powered sourcing and digital procurement platforms. Oversees the ethical and sustainable sourcing of goods and services, including environmental, social, and governance (ESG) considerations. Drive ECOVADIS rating improvements and sustainable procurement practices. Ensures all procurement activities comply with relevant laws, regulations, and company policies and best practice frameworks.

Requirements

Strategic Thinking: Ability to develop and implement procurement strategies and a vision for Procurement Excellence
Negotiation Skills: Strong negotiation skills to secure favorable terms and conditions with suppliers.
Leadership and Management: Ability to lead and motivate a team of procurement professionals both directly and indirectly in a matrix environment
Financial Acumen: Understanding of financial principles and the ability to manage budgets and control costs.
Communication Skills: Excellent written and verbal communication skills to effectively communicate with stakeholders at all levels.
Technical Skills: Proficiency in procurement software, data analysis, and other relevant technologies.
Industry Knowledge: Deep understanding of the organization's industry and the relevant supply markets.
Problem-Solving Skills: Ability to identify and resolve complex procurement issues.
Bachelor’s degree in supply chain, Engineering, Business, or other technical fields.
Minimum of 15 years’ experience in supply chain leadership roles gained through increasingly responsible positions in procurement, sourcing, digital transformation etc. within the packaging or related manufacturing intensive industry.
5+ years in executive or senior director-level role.
Experience in multi-site manufacturing environments.
Deep knowledge in petrochemical value chain and demonstrated expertise in driving value related to raw materials (ex: Olefins, PET, PCR, Additives etc.)
High level of understanding of strategic planning, financial statements, creating business plans, negotiating national vendor programs and ERP support systems
Strong background in commodity-based sourcing environments preferred.
Enterprise thinking and systems orientation
Strong financial acumen
Negotiation and supplier management expertise
Data-driven decision making
Change management leadership
High accountability and ownership mindset
Ability to influence cross-functionally (Sales, Operations, Finance etc.)
Executive Presence and C-Suite interaction

Nice To Haves

MBA strongly preferred.
Private Equity experience preferred.
Background in plastics, packaging, chemicals, or high-volume manufacturing strongly preferred.

Responsibilities

Creates and implements strategic sourcing plans and strategies that align with the organization's overall goals and objectives to reduce costs, improve efficiency, and maximize the value derived from procurement activities.
Manages the entire lifecycle of sourcing and procurement projects, from planning and bid preparation to budget/forecasting, negotiation, invoicing and reporting.
Leads and manages procurement teams, providing guidance, mentorship, and performance management.
Develop collaborative long-term partnerships with suppliers, contractors and outsourced service providers to reduce TCO costs, and meet legislative requirements and achieve high quality outcomes.
Identify appropriate department KPI’s and measure and monitor performance against these.
Drive savings by developing and applying various strategies such as volume leverage, supplier concentration, supplier segmentation and negotiating prices, payment terms, schedules and other terms and conditions as required.
Collaborate with supply chain leadership and other key stakeholders on raw materials to optimize inventory levels within agreed parameters and maintain accurate stock levels for Business Continuity Planning (BCP) purposes
Analyzes raw material market trends, identifying potential risks within the value chain, and developing mitigation strategies.
Works closely with other executive leaders to ensure strategies are aligned with overall business objectives, such as cost reduction, revenue growth, and risk management.
Explores and implements new technologies and processes to improve procurement efficiency, compliance and effectiveness, including AI-powered sourcing and digital procurement platforms.
Oversees the ethical and sustainable sourcing of goods and services, including environmental, social, and governance (ESG) considerations. Drive ECOVADIS rating improvements and sustainable procurement practices.
Ensures all procurement activities comply with relevant laws, regulations, and company policies and best practice frameworks.