Job description
Group CPO (Chief Procurement Officer)
The Client:
Our Client is a private industrial group, backed by a leading international Private Equity.
Headquartered in Italy, they are the market leader in the production of high-mix low-volume PCB (Printed Circuit Boards), with a manufacturing footprint across Europe, North America and Asia; they deliver tailor-made products for multiple sectors on a global scale.
The product portfolio stands out for its advanced technology and high reliability, offering a comprehensive service that covers the entire product life cycle and customer needs.
Position – The context:
Following a recent acquisition by a leading PE Fund, they are now experiencing a substantial transformation in the light of further growth and complexity, which requires a reinforced organisation. Procurement is central to the new strategy and we’re looking to hire a Group Chief Procurement Officer (GCPO).
The Role:
The Group Chief Procurement Director (GCPO) will reportto the CEO
Critical priorities will be
- Build and deliver the Strategic Procurement Road Mapto drive strong governance and exploit its full potential, in line with Group Strategy The spend is articulated, and suppliers are spread globally
- Build and deliver a breakthrough commodity strategy, processes and optimisations across sourcing footprint, and supply base design
- Build and shape a best-in-class organisation, process and analytics to professionalize procurement standards (KPIs, benchmarks, tools etc).
- Attract and develop a unique team of A-players bringing energy while implementing new state-of-the-art procurement and negotiation techniques (from commodity strategy to specific expertise, to value engineering etc)
- Build procurement alliances, deliver savings with a mix of i) suppliers base review ii) suppliers negotiations (incl. end-to-end win-win approach) and iii) fit for purpose of the supplier base, and iv) design to cost material buying.
Responsibilities:
Establish collaborative relationships with C-level executives, as well as the organisation at all levels.
Build trust and establish a common view on company goals and values.
Determine the “as is” and design the “to be”, across:
Procurement Strategy and impact:
- Design the function from scratch and provide leadership, direction and focus to the new organisation
- Create a Global Supply Intelligence, to understand trends and technology needs by Region/BUs, in order to design the optimum sourcing footprint; the spend is articulated across different categories and production processes and is subject to stringent technical requirements.
- Ensure effective communication to key stakeholders
Breakthrough Commodity strategy:
- Define the Procurement Processes to be adopted by the Group, challenging the status-quo
- Define the Category Management structure; main categories include chemicals, resins, and metals.
- Review and rationalize current suppliers base across all Group companies, and redefine the matrix for spend, across category products / technologies for the Group, in line with manufacturing needs
- Map and identify supplier base capabilities, by category
- Create breakthrough Commodity Strategy and Programs to ensure 1) strong alliances with key suppliers, 2) best results and 3) synergies across the group.
People & Organisation
- Build a strong organization in terms of structure, processes and people. Challenge current status, and be accountable for shaping the change; with the support of a renewed, upskilled team. Engage others, across diverse culturesand backgrounds, through meaningful commodity expertise, compelling arguments, openness and team spirit
- Improve procurement performance, operating costs, working capital, quality and service, by deploying state-of-the-art methodologies and techniques
- Build the right tools to ensure transparency and track key performance indicators (KPIs) such as: financial, quality, supplier performance, procurement performance metrics and sustainability.
Results
- Build strong relationships with all main stakeholders in the organisations
- Own EBITDA impact as common goal, through clear information, goals, and KPI’s
Qualifications & Experience:
- Degree in Economics / Business Administration /Management Engineering or equivalent experience
- At least 15-20 years’ experience in a similar role within an international Industrial environment / complex multinational organizations
- Grounding experience in an organisation known for it’s best-in-class procurement function Preferred procurement experience in purchasing commodities (chemicals, resins, metals) within industrial goods, electronics, industrial equipment sectors; semiconductors would represent a plus
- Strong Procurement management skills, with relevant track-record of results and P/L impact. Sets KPIs across: savings, savings funnel, sustainability, quality, risk management, innovation, and supply base structure Criticalities include: FX, value engineering, commodity trends and hedging policies
- Solid procurement state-of the art techniques From deployment of new suppliers base, to negotiations, specifications etc.: ability to master all purchasing techniques / deep knowledge and previous experience in applying the different procurement and sourcing levers to deliver value
- As a plus: know-how in supply chain / logistics
Capabilities:
Thought Leadership
- Deliver Group Procurement Strategy and a consistent best in class organisation
- Fast thinking and forward looking to create power on the drivers of success; ability to leverage on them
- Contribute to set new business mindset, as well as new standards
- Financial acumen to drive fast improvement in financial performance
- Build strong strategic and long-term partnerships with suppliers
- Respond to business leaders and actuate responses that add value for the business
Execution Leadership
- Passion for execution and making things happen. Drives own team and influences the organisation to deliver results at the right pace whilst understanding constraints and limitations. Over-achieves on targets, and challenges the status-quo
- Sets clear goals in line with (progressively) new standards, acting as a change-agent
- Able to think high level, yet pivots to details and analytics with a hands on style, analytical and pragmatic mindset; understands how to identify and size opportunities of improvement and priorities of delivery
- Strong business sense and commercial acumen
People Leadership
- Effective people leadership: self confident, able to manage self and others, creates a high performing culture
- Natural ability to communicate and to build trust-based relationships: inspires people to make meaningful contributions, engages their team while setting a high bar; openly debates with the team , to solve problems, discuss challenging issues, or learn more about critical topics within the group.
- Establishes clear, challenging goals and metrics for the year
- Designs a performance management process to monitor projects, and deliver results that exceed expectations
Languages: Full proficiency in spoken and written Italian and English is a must.
Location: Centre of Italy
Please note that only those profiles that meet all client’s requirements will be responded to and contacted. Thank you.
