Sr. Director, Procurement

OpenLoop Health

9d•Remote

About The Position

OpenLoop's mission is to bring care anywhere by powering telehealth solutions at scale. OpenLoop is looking for a Senior Director of Procurement to join our team remotely. In this role, you will be responsible for leading company-wide sourcing, vendor management, and spend optimization efforts. You will build and scale a centralized procurement function that supports rapid growth while driving transparency, cost savings, and compliance.

Requirements

Bachelor’s degree in Supply Chain, Business, Finance, or a related field; advanced degree a plus.
10+ years of experience in procurement, sourcing, or supply chain, including leadership roles in high-growth and/or multi-location environments.
Proven success designing and scaling centralized procurement operations and policies in both high-growth startup/scale-up environments and publicly traded companies.
Strong knowledge of procurement software and spend management systems; experience with implementation is a plus.
Experience in healthcare, pharmacy, and/or digital health.
Demonstrated ability to drive cost savings, process improvements, and supplier performance management.
Skilled in vendor negotiations, contract review, and cross-functional stakeholder collaboration.
Strategic thinker with a hands-on, execution-oriented approach.
Excellent communication, project management, and leadership skills.

Nice To Haves

Advanced degree a plus.
Experience with implementation of procurement software is a plus.

Responsibilities

Develop and standardize a centralized procurement policy and process that promotes operational efficiency, spend visibility/controls, and compliance.
Implement and optimize a new procurement software tool, ensuring configuration aligns with business needs and provides actionable reporting for leadership and department heads.
Lead annual budget planning processes in coordination with FP&A, aligning procurement strategy with financial goals.
Establish a collaborative framework with department heads to empower visibility and control of department-specific spend, vendor relationships, and budgeting.
Work closely with the Compliance and Legal teams to ensure all procurement activities, vendor contracts, and policies meet regulatory and legal standards.
Partner with Legal to review and negotiate vendor contracts, ensuring appropriate risk mitigation language and service level agreements.
Other duties as assigned.