Director of Purchasing
KB Investment & SecuritiesDirector of Purchasing Location: Remote – United States Employment Type: Full-Time Department: Purchasing / Procurement Reports To: Vice President of Supply Chain / Chief Operating Officer About the Role We are seeking an experienced and results-oriented Director of Purchasing to lead the company’s purchasing function and develop effective procurement practices that support business operations, cost management, supplier performance, and operational continuity. The Director will oversee purchasing activities, supplier relationships, sourcing processes, purchasing policies, and team performance. This position will work closely with Supply Chain, Finance, Operations, Product, Legal, and other departments to ensure purchasing decisions are aligned with business requirements and financial objectives. Key Responsibilities • Develop and execute purchasing strategies aligned with company objectives, operational requirements, and financial plans. • Lead purchasing activities for materials, products, equipment, services, and other business requirements. • Establish purchasing policies, procedures, approval processes, and operating standards to improve consistency and efficiency. • Manage supplier sourcing, evaluation, selection, onboarding, performance reviews, and ongoing relationships. • Negotiate pricing, payment terms, delivery schedules, service agreements, and other commercial conditions with suppliers. • Identify opportunities for cost optimization, supplier consolidation, process improvement, and improved purchasing efficiency. • Monitor supplier performance related to quality, pricing, delivery, responsiveness, capacity, and contractual requirements. • Partner with Finance to develop purchasing budgets, monitor spending, analyze purchasing trends, and improve spend visibility. • Work closely with Supply Chain and Operations teams to align purchasing activities with inventory requirements, demand forecasts, production schedules, and business priorities. • Review purchase orders, contracts, specifications, and supplier agreements to ensure purchasing requirements are clearly defined and properly documented. • Establish effective processes for purchase requisitions, approvals, purchase orders, receiving, invoice coordination, and supplier documentation. • Develop purchasing reports and dashboards covering spend, supplier performance, savings opportunities, purchasing activity, and key operational metrics. • Monitor market conditions, supplier capacity, pricing trends, and availability to identify potential purchasing risks and opportunities. • Develop contingency plans and alternative sourcing strategies for critical materials, products, and services. • Collaborate with Legal and Finance on supplier contracts, commercial terms, payment conditions, and other purchasing-related agreements. • Evaluate purchasing systems and technology to improve automation, reporting, supplier management, and process visibility. • Lead continuous improvement initiatives focused on purchasing efficiency, cost management, process consistency, and supplier performance. • Recruit, manage, coach, and develop purchasing professionals while establishing clear goals and performance expectations. Qualifications • 8+ years of experience in purchasing, procurement, sourcing, supply chain, or a related field. • 3+ years of experience managing purchasing or procurement teams. • Demonstrated experience developing purchasing strategies and managing supplier relationships. • Strong knowledge of sourcing, supplier negotiations, purchase order management, contract administration, and spend analysis. • Experience managing purchasing budgets and evaluating supplier pricing, terms, and commercial conditions. • Strong analytical and financial skills with the ability to evaluate costs, purchasing data, supplier performance, and business requirements. • Strong negotiation, communication, organizational, and problem-solving skills. • Experience working cross-functionally wit…