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Director of Procurement

The Encompass Group · Newark, NJ

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Director of ProcurementLocation: Newark, NJCompensation: $160,000 - $190,000 Base Salary + 20-25% Performance BonusReports To: CEO & PresidentLead Procurement Strategy for a Growing Construction OrganizationWe are seeking an experienced Director of Procurement to lead and optimize our procurement and supply chain operations. This executive-level role will be responsible for developing and executing strategic sourcing initiatives, managing supplier relationships, driving cost savings, and ensuring material availability across the organization.The ideal candidate will bring a strong background in construction industry procurement, a proven ability to lead teams, and a track record of delivering measurable savings and operational improvements.Key ResponsibilitiesDevelop and execute company-wide procurement strategies that reduce material costs and improve profitabilityNegotiate supplier agreements, contracts, and rebate programsEstablish and maintain strong relationships with key vendors and suppliersStandardize materials and purchasing processes across the organizationDrive purchasing efficiencies and reduce emergency procurement activityOversee inventory planning and optimization to ensure material availability while controlling carrying costsAnalyze procurement performance, supplier metrics, and spending trends to support data-driven decisionsLead, mentor, and develop the procurement teamCollaborate with executive leadership to align procurement initiatives with business objectivesSuccess MetricsAnnual procurement cost savingsPurchase price variance improvementsPreferred vendor utilization exceeding 95%Emergency purchases below 3%On-time supplier delivery exceeding 98%Inventory turns greater than 8x annuallyQualificationsBachelor's degree required; MBA preferred10+ years of procurement and supply chain experience5+ years of leadership or management experienceConstruction industry procurement experience strongly preferredExperience negotiating large-scale supplier agreementsStrong ERP, reporting, and procurement analytics experienceProven ability to implement strategic sourcing initiatives and drive measurable resultsCompensation & BenefitsCompetitive base salary of $160,000 - $190,000Performance bonus opportunity of 20-25%Comprehensive benefits packageOpportunity to partner directly with executive leadership and influence company-wide strategyStable, growing organization with long-term career growth potentialApply Today!If you are a strategic procurement leader with construction industry expertise and a passion for driving operational excellence, we'd love to speak with you. Apply today to learn more about this exciting leadership opportunity.