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

bC9pdTJsOTJEdXJ0UDdWSWpTT056Tkd1MHc9PQ==
  • 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

Wells Fargo

Senior Philanthropic Trust Officer - Senior Fiduciary Specialist Job at Wells Fargo

 ...inspired.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.**Banking, Lending, & Trust (BL&T)** unlocks access to Wells Fargo Bank products and services to high-net-worth and ultra-high-net-worth individuals and families... 

Community Child Guidance Clinic, Inc

Extended School Year (ESY) Teacher Job at Community Child Guidance Clinic, Inc

 ...Job Title: Extended School Year (ESY) Teacher Location: Community Child Guidance Clinic School, Manchester, CT Reports to: Lead Teacher...  ...to provide instruction and support to students during the summer months. The successful candidate will collaborate with a team... 

Beech Valley Solutions

Remote Bookkeeper Job at Beech Valley Solutions

 ...career-building projects that match interests, industries, and experience levels. Role Description: We are searching for top US Bookkeepers. Do you fit the bill? As a Remote Bookkeeperwith Beech Valley, you will work remotely as an advisor to cutting-edge companies... 

Kex RX Pharmacy

Pharmacy Technician Job at Kex RX Pharmacy

 ...Excellent career opportunity with no experience needed! Come join the Kex Rx Pharmacy team as a Pharmacy Technician and make a positive impact in the community and grow a career in healthcare. A pharmacy technician is responsible for accurately preparing prescriptions... 

Fox Rothschild LLP

New Business Intake Analyst Job at Fox Rothschild LLP

**Description**The New Business Intake Analyst is responsible for handling all procedures related to the opening and modifying of client...  ...assistants and serve as a liaison with Accounting and Conflicts teams to maintain efficiency and accuracy in the exchange of information...