What are the responsibilities and job description for the Vice President Indirect Procurement position at Lipari Foods?
Lipari Foods is seeking a dynamic and results-driven Vice President of Indirect Spends to lead strategic sourcing and cost optimization initiatives across $220 million in annual indirect expenditures. This leadership role requires a sharp focus on delivering measurable savings and operational efficiencies. The ideal candidate will possess deep expertise in procurement, supplier negotiations, and logistics management, driving continuous improvement across categories such as transportation, warehousing, IT, professional services, and facilities.
- Strategic Sourcing. Lead and execute strategic sourcing initiatives across $220 million in indirect spend categories, including $100 million in logistics. Leverage market intelligence, advanced negotiation techniques, eSourcing, total cost of ownership (TCO) analysis, and data-driven insights to prioritize and drive savings opportunities. Collaborate with stakeholders to enable informed decision-making and implement change management strategies effectively.
- Category Management. Partner closely with internal teams to develop sourcing strategies that support organizational objectives, including new initiatives, strategic supplier partnerships, and incremental margin growth. Ensure efforts align with Lipari's broader objectives and maximize buying income and accrual opportunities.
- Logistics Focus. Oversee $100 million in logistics spend, driving optimization across transportation, warehousing, and related services. Identify cost savings opportunities, enhance supplier relationships, and mitigate risks while maintaining service excellence.
- Supplier Management. Establish and maintain a robust supplier performance and risk management program. Develop KPIs to monitor performance, resolve issues proactively, and ensure suppliers meet contractual obligations. Build collaborative relationships with vendors to foster innovation and long-term value.
- Contracting. Manage the contract approval process and tailor legal terms to mitigate category-specific risks. Partner with Legal to maintain standard templates and agreements, ensuring compliance and minimizing liabilities.
- Compliance. Ensure adherence to all company policies, industry guidelines, and regulatory standards. Establish frameworks to uphold ethical practices and ensure legal compliance across all procurement activities.
CRITICAL EXPERIENCE
The Vice President of Indirect Procurement (VPIP) will have extensive experience in dynamic and rapidly evolving environments and should bring most of the following qualifications :
CHARACTERISTICS OF A SUCCESSFUL CANDIDATE
The VPIP will also possess the following attributes :
EDUCATION
Salary : $220