VP, Global Procurement

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Logo of Cengage Group

Cengage Group

5001 - 10000 employees

📚 Education

🛍️ eCommerce

☁️ SaaS

💰 Private Equity Round on 2023-06

Education • eCommerce • SaaS

Cengage Group is a global education technology company dedicated to enhancing learning experiences. With over 100 years of service, Cengage provides affordable and high-quality digital products and services that help learners become job-ready. Their offerings support various educational goals, including reskilling, upskilling, degree attainment, and language learning, ensuring access to quality education for individuals of all backgrounds and abilities.

📋 Description

• Establish a Group-wide sourcing support model that partners collaboratively with all function leaders to drive better vendor spend • Embed consistent practices across Cengage Group for vendor selection with category-specific criteria for vendor evaluation • Establish purchasing strategies across all Cengage Group spend categories, prioritizing categories based on opportunity, balancing cost objectives with other strategic business goals • Drive continuous improvement in Group-wide vendor spend by setting functional procurement targets, running periodic market reviews, tracking vendor spend performance • Partner with function leaders to help them find opportunities to hit and overachieve their procurement targets • Grow the share of spend from strategic vendors and eliminate duplication of spend • Develop relationships with major Cengage Group vendors to facilitate deeper partnering • Lead on all aspects of vendor activities including selection with business partners, negotiations, and contracting • Report progress against initiatives to IT, Operations, Finance, and other stakeholders • Manage and modify the Cengage Group procurement policy to ensure adequate visibility and appropriate controls

🎯 Requirements

• Bachelor's degree in operations management, Engineering, Business, or a technical field • 10 or more years of strong progressive management experience in Sourcing or Supply Chain Operations role/function • Team leadership and Strategic Sourcing direction setting experience • Experience across all types of vendor types such as software, T&E, Professional Services, and Contractors • Ability to develop and mentor others • Comfort guiding and interpreting sophisticated spend analysis • Proven negotiating skills with very strong Project Leadership experience • Knowledge and experience with SAP preferred • Ability to travel domestically and internationally, 10% of time

🏖️ Benefits

• Total Rewards package designed to support and empower our employees • Discretionary incentive bonus program

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