Director of Strategic Sourcing and Procurement Job at IGT, West Greenwich, RI

Z2pBOHFXUUZxM0VFdFM5cFZESC9jY1BZRkE9PQ==
  • IGT
  • West Greenwich, RI

Job Description

Summary

This role is responsible for defining and executing the Global Lottery procurement strategy for direct materials, managing approximately $250 million in spend. The position focuses on achieving financial targets, fostering talent development, and ensuring procurement success through strategic sourcing, contract negotiations, pricing strategies, and supplier relationship management. The Director will coordinate and oversee a team of buyers responsible for executing daily procurement activities, including purchase order creation.

Responsibilities

  • Strategic Sourcing & Commodity Management: Develop and implement strategic sourcing initiatives across Lottery business categories, including hardware (e.g., terminals, vending machines) and print materials (e.g., instant tickets, thermal paper). Continuously monitor key component markets to mitigate cost and risk impacts, ensuring optimal market positioning.
  • Supplier Relationship & Performance Management: Establish and nurture strong global supplier relationships, driving performance, innovation, and risk mitigation. Conduct regular supplier business reviews, create performance scorecards, and implement continuous improvement programs.
  • Cost Optimization & Compliance: Identify and execute cost-savings strategies while maintaining quality, delivery, and regulatory compliance. Lead value engineering initiatives where applicable and ensure adherence to global procurement policies and industry standards.
  • Contract Negotiation & Risk Management: Lead complex contract negotiations to secure favorable terms while reducing legal and operational risks. Manage risks associated with global supply chain volatility, geopolitical challenges, and tariffs.
  • Team Leadership & Cross-Functional Collaboration: Mentor and lead a high-performing procurement team. Partner cross-functionally with Legal, Quality, Accounting, Engineering, Operations, and Logistics to support business growth and customer contract obligations.
  • Operational Excellence: Oversee procurement operations, including RFPs, RFQs, contract management, and purchase order execution. Drive process improvements through advanced procurement tools (e.g., ERP systems, e-sourcing platforms) and maintain ISO 9001 certification standards.

Qualifications

Education:
Minimum: Bachelor's degree in Supply Chain Management or a related field
Preferred: Master's degree in Supply Chain Management or a related field

Experience:

Minimum: 8 years of experience directly related to the duties and responsibilities specified
Preferred: 12+ years of experience directly related to the duties and responsibilities specified

  • Strong understanding of global events and policies affecting procurement strategies, including competitor sourcing practices.
  • Expertise in solving both technical and interpersonal challenges to foster supplier relationships and ensure seamless product delivery despite supply chain disruptions.
  • Experience in managing supplier performance through adaptable strategies, driving innovative solutions to address urgent business needs.
  • Ability to negotiate and manage complex contractual arrangements internationally, requiring cultural awareness and business acumen.
  • Exceptional communication and listening skills to engage diverse internal and external stakeholders.
  • Proven leadership in resolving conflicts between suppliers and internal customers, acting as a strategic connector between external market dynamics and internal priorities.
  • Comfortable interacting with C-level executives, both internally and externally, given the size and complexity of major contracts.

Keys to Success

  • Building collaborative relationships
  • Decision making
  • Drive results
  • Foster innovation
  • Personal energy
  • Self-leadership

#LI-KM2

Job Tags

Contract work, Immediate start,

Similar Jobs

NYC Health + Hospitals/Kings County

Anesthesiologist Job at NYC Health + Hospitals/Kings County

 ...Description Physician Affiliate Group of New Yor k (PAGNY) is adding an Anesthesiologist to the Anesthesiology group at NYC Health + Hospitals/Kings County .The department of Anesthesia at Kings County Hospital handles over 5500 cases annually and averages about... 

UtilitiesOne

Directional Driller Job at UtilitiesOne

 ...Safely operate and maintain drilling machinery such as directional drills, augers, and related tools to create boreholes for laying underground cables or conduits; Drill precise boreholes and create underground pathways for utility lines, ensuring minimal disruption... 

The Career Hut

Remote Digital / Affiliate Marketer - Will Train Job at The Career Hut

Our eLearning Digital Company is seeking individuals with a passion for digital marketing to join our team. As a digital marketer, you will learn and implement strategies...  ...- Social Media Marketing Specialist - Remote Digital Marketer, Remote Affiliate Marketing... 

Johns Hopkins Medicine

PATIENT ESCORT JHBayview Hospital (Day Shift) Job at Johns Hopkins Medicine

JH Bayview Hospital Location Responsible for the safe, timely, courteous, and competent transportation of patients and specimens throughout the Johns Hopkins Bayview Medical Center, primarily via wheelchair or stretcher. Receives assignments for specific trips and associated...

S L A M Collaborative Inc

Architectural Designer Job at S L A M Collaborative Inc

The SLAM Collaborative has an opening in our Denver office for an Architectural Designer with 5+ years of experience . In this role you will work closely with project teams in a collaborative studio on varied projects with a focus on public education. Candidates for...