Director of Procurement

Virtual Req #166
Wednesday, April 24, 2024

 

Position Summary:

The Director of Procurement at Penn Foster Group will strategize, design, plan, implement, lead, and evolve sourcing solutions and programs across a range of indirect procurement categories that enable the businesses. The categories include all functional groups across the company. In this role the successful candidate will apply their years of experience in sourcing and procurement, spend analytics, operations management, and excellent communication skills to optimizing our engagements with third-party suppliers and the processes they support. This role will also design and implement a Procurement function targeted to driving savings, increasing process efficiencies, derisking agreements, and providing regular reporting to senior management.

 

Essential Job Functions:

  • Set Sourcing Solution Strategy: Develop an overall strategy for assigned procurement categories, addressing resource gaps, and finding opportunities for efficiencies, and economies of scale. The overall strategic priority is to balance the utilization of external partners and internal resources, such that quality, cost savings, process efficiencies, and controls are maximized across product creation workflows.
  • Perform Workflow Analysis: Understand the current-state procurement workflows and model alternative forward-looking workflows that lead to overall reduction in time to market, eliminate redundant and inefficient movement of procurement/contract review process, and maximize opportunities for automated decision-making.
  • Design New Sourcing Programs: Design sourcing solutions with formal program definitions for services and deliverables, uniform pricing models/rate cards, SLAs, and performance metrics.
  • Secure Competitive Agreements: Conduct formal RFIs and RFPs and lead negotiations to secure MSAs, SOWs, and SLAs that ensure market-leading product quality, financial objectives, and time-to-market goals.
  • Perform Data Analysis: Obtain/prepare, organize, analyze, summarize, and present qualitative and quantitative data in a clear way to support designing sourcing solutions, securing optimal pricing, conducting supplier negotiations, and supervising program and solution effectiveness.
  • Implement Solutions: Work closely with third-party providers and our internal teams to ensure the successful implementation, communication, and ramp-up of new and updated procurement processes.
  • Supplier Diversity: Performs the identification, outreach and inclusion of contractors and vendors, with minority and women business enterprises (MWBE) in the procurement of supplies and services. 
  • Understand Supplier Landscape and Promote Sourcing Best Practices: Keep current on new technologies, industry trends, current and potential suppliers, and their service offerings.

 

 

Knowledge, Skills, Abilities:  

 

  • Four-year college degree in business or related field
  • 8-10 years of work experience in Procurement or related field
  • Experience at negotiating and handling vendor contracts including pricing, commercial terms, and Service Level Agreements (SLAs)
  • Proven ability to drive sophisticated, cross-functional process improvement initiatives successfully from conception to implementation, to assist teams in adapting to change, and to solve problems effectively.
  • Proficiency in the collection, analysis, and presentation of financial and non-financial data
  • Ability to communicate clearly and comfortably in a variety of styles and settings and to both technical and non-technical audiences, including senior management.
  • Strong leadership and influencing skills; ability to establish relationships with internal customers and vendors.
  •  Self-starter with analytical skills; is results-oriented and able to prioritize.
  • Ability to work well in a matrix environment across multiple groups and levels.
  • Ability to handle confidential information in a professional manner.
  • Experience with standard sourcing-related contracts (MSAs, SOWs)

 

About Us: At Penn Foster Group, we are transforming online learning to help learners by bringing together Penn Foster, CareerStep, Ashworth College, James Madison High School, the New York Institute of Photography, the New York Institute of Art and Design, and other education platforms. Together, we create an accelerated path to greater economic mobility through real-world skills and knowledge that enable learners to achieve long-term success in the workplaces of the future.  Our history dates back to 1890 when our founder, Thomas Foster, pioneered distance education by offering training by mail for coal miners to get the necessary skills for safer jobs. Today, with the partners who use our education and training programs, we continue that mission of providing accessible training and education for in-demand skills and are building a workforce that’s prepared for the future job market.

Equal Employment Opportunity: We strive toward Diversity, Equity, and Inclusion at Penn Foster Group by intentionally building teams that are diverse – in identities, lived experiences, and ideas to create a culture where people feel connected to each other and have a sense of belonging. We value diversity, equity, and inclusion because it is the foundation that enables us to achieve what we set out to do as an organization – from maximizing the number of learners who can reach their goals while giving them the kinds of experiences we want them to have, to becoming the type of company we want to work in.  

What We Offer: We offer a robust benefits package that includes medical, dental, vision, flexible spending, generous paid time off, sponsored volunteer opportunities, a 401K with a company match, plus free access to all of our online programs.

 

 

Other details

  • Pay Type Salary