Director of Procurement & Sourcing-Family Dollar
Company: Monster jobs
Location: Chesapeake
Posted on: June 24, 2025
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Job Description:
Position Summary: Responsible for leading a team of procurement
professionals in the sourcing, negotiation, contract development
and awards of not-for-sale goods and services. This includes
assisting with identifying, setting and driving the strategic
vision and goals and ensuring execution of all common procurement
strategies including supplier management, contract management,
common procurement tools, and reporting. Responsibilities:
Responsible for development and implementation of sourcing/bid
processes for assigned areas of responsibility to achieve superior
financial and quality results for internal clients. Review and
approve bid specifications and selection criteria for competitive
bidding. Understand internal cost structure and performance metrics
to conduct category spend analyses and develop total cost of
ownership models to support purchasing objectives, inclusive of
RFP’s and e-procurement strategies. Lead strategic sourcing teams
through a holistic and systematic sourcing process for complex
strategic initiatives; develop and review effective project plans
and negotiation strategies; evaluate supplier business proposals;
provide recommendations for business strategy awards; negotiate
complex agreements. Develop and present negotiation strategies and
deal summaries. Assists in development and direction of procurement
programs to provide direction to procurement team in order to
maximize sales and profits. Conducts in-depth competitive market
trend analysis to keep current on new vendors, lines, and
categories, new technologies, strategies, and market trends, in
conjunction with services and technology spend. Interpret and draft
contract language. Structure and negotiate terms and conditions
that meet business and legal requirements. Negotiate, prepare and
execute accurate and timely industry best contracts. Identify
metrics, tools, and processes to optimize sourcing, supplier
activities, and efficiencies; work collaboratively with team
members to prioritize and drive implementation. Achieve cost
reduction targets established during the strategic planning
process. Report savings and performance metrics; take necessary
actions to maintain compliance. Develop relationships within the
organization to ensure that all sourcing opportunities are
rationalized for optimal savings. Staff, instruct, develop, and
motivate a high-performing team responsible for interfacing with
business owners and supplier partners. Qualifications: 10 years of
experience in purchasing, contract negotiation, and competitive
price analysis and/or other relative operational experience.
Demonstrated ability to formulate and lead strategic initiatives.
Demonstrated ability to lead and manage organizational and process
changes to achieve business goals. BA/BS or equivalent experience.
Strong organizational and planning skills. Proven ability to build
relationship/partnerships with business partners and vendors.
Ability to utilize strong, effective written and verbal
communication across all lines of business. Exceptional leadership
skills and the ability to develop, retain and nurture talent. Solid
experience in research and data analysis. Experience in
implementing and operating business-to-business e-commerce
solutions, including operational knowledge of eSourcing. Dollar
Tree and Family Dollar are Equal Opportunity employers.
Keywords: Monster jobs, Suffolk , Director of Procurement & Sourcing-Family Dollar, Retail - All , Chesapeake, Virginia