Trustmark’s mission is to improve wellbeing – for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you’ll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities.
About the role
We are looking for an Executive Director Procurement to work in Lake Forest 3 days a week.
Drives vendor and stakeholder relationships, leads overall contracting, monitor and reports on performance for enterprise. Contributes to developing and executing procurement strategies and policies that helps the organization obtain necessary products and services while minimizing costs. Develops criteria to be used during vendor evaluation and selection. Sets goals and identifies metrics measuring performance of purchasing processes. Negotiates complex or high-value vendor contracts.
Key Accountabilities
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Contributes to strategic planning & goal setting for the function. Develop and implement procurement policies and procedures that align with the organization's overall goals and objectives.
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Lead and manage the procurement team, overseeing all aspects of the procurement process, including requisition processing, vendor selection, purchase order management, and supplier evaluation.
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Monitor and control procurement budgets, identify cost-saving opportunities, and implement cost-effective procurement practices.
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Work with other departments to ensure that procurement decisions are made in the best interests of the organization.
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Develop and maintain relationships with suppliers to ensure a continuous supply of goods and services.
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Monitor and report on procurement performance to ensure that the organization is meeting its procurement goals.
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Continuously evaluate and improve procurement processes, systems, and policies to enhance efficiency and effectiveness.
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Source and negotiate contracts with suppliers to obtain the best possible terms and conditions.
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Stay informed about industry trends, market conditions, and emerging technologies to make informed procurement decisions and drive innovation.
Minimum Requirements
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Bachelor's degree in business administration, supply chain management, or a related field.
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10+ years of experience in procurement, with a proven track record of success.
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Strong understanding of the procurement process and the ability to negotiate effectively.
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Excellent communication and interpersonal skills.
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Ability to work independently and as part of a team.
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Strong analytical and problem-solving skills.
The compensation range for this role is (based on the corporate location in Lake Forest, Illinois):
$133,593 - $199,476 per year
The final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.
Brand: Trustmark
In addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums. For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview.
For the fifth consecutive year we were selected as a Top Workplace by the Chicago Tribune. The award is based exclusively on Trustmark associate responses to an anonymous survey. The survey measured 15 key drivers of engaged cultures that are critical to the success of an organization.
All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, sexual identity, age, veteran or disability.
What We Do
Trustmark is a national employee benefits company offering specialized expertise in voluntary benefits, self-funded health benefit plan design and administration, and employee health and fitness programs that drive results through human and virtual connection. Trustmark offers employers access to benefit options usually reserved for large companies, combined with the personal service you’d expect from a small company. Trustmark’s commitment to building long-term, trusted relationships helps people and businesses thrive.
• Trustmark Voluntary Benefits provides valuable life, hospital, accident, disability and critical illness insurance designed to fit changing needs based on life stage or financial priorities. Trustmark helps educate employees and provides resources to help communicate the value of benefits and other important company initiatives. To learn more, visit TrustmarkVB.com.
• Trustmark Health Benefits is a total benefits solution for mid-sized and large self-funded employers. As one of the nation’s largest independent benefits administrators, we help our clients manage costs without compromising care by offering innovative solutions, flexibility, and complete data transparency for our clients. To learn more, visit TrustmarkHB.com.
• Trustmark Small Business Benefits® level-funded solutions allow small to mid-size employers to provide affordable health benefits to employees. Available to groups with five or more employees along with simplified underwriting for 51 or more enrolled employees, our comprehensive self-funded plan designs and services help empower clients to be smarter healthcare consumers. To learn more, visit TrustmarkSB.com.
• HealthFitness is a comprehensive wellbeing provider that delivers wellness, fitness and injury prevention programs. To learn more, visit Healthfitness.com.
