Head of Sourcing/Procurement

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Yahoo is a global media and tech company that connects people to their passions. We reach nearly 900M people around the world, bringing them closer to what they love-from finance and sports, to shopping, gaming and news-with the trusted products, content and tech that fuel their day. For partners, we provide a full-stack platform for businesses to amplify growth and drive more meaningful connections across advertising, search and media.
A little about us:
The Senior Director, Global Procurement will be responsible for building and leading Yahoo's Procurement organization and proactively managing the company's indirect spend.
A lot about you:
This role will serve as the strategic head of the Procurement team by establishing long-term and short-term objectives and strategies aligned with the company's mission and overall strategic goals related to growth, cost savings, supply continuity, and risk management. Reporting to the Global Controller, the role will develop and execute a strategic vision for Procurement across the company and will elevate Procurement's status by serving as a strategic partner/advisor to internal stakeholders and meeting and exceeding internal stakeholder expectations to earn the respect of senior leaders across the company.
In addition, the Senior Director of Global Procurement will be tasked with acting as a change agent, furthering the deployment of best-in-class procurement capabilities and governance structures where strategic sourcing is driven from a company-wide perspective. The role is expected to implement innovative improvements to Procurement procedures, processes and systems to maximize efficiency and effectiveness. Strong relationship building skills and the ability to interface at all levels of the enterprise will help this person successfully manage any resistance and work through the challenges common with organizational change.
Responsibilities:

  • Collaborating with executives/internal stakeholders to establish Procurement's strategies and objectives in both the long and short term
  • Elevating Procurement's status as a strategic partner/advisor with Yahoo executives and internal stakeholders
  • Developing and maintaining strong relationships with critical suppliers as appropriate
  • Communicating strategies, priorities, goals, challenges, and results to Yahoo's executives and stakeholders
  • Leading Yahoo's strategic sourcing program that drives complex sourcing efforts and negotiating with strategically crucial suppliers
  • Partnering with team to create advanced category strategies that plan for strategic sourcing, value engineering, and demand management opportunities
  • Implementing and championing continuous improvement for Procurement governance, procedures, processes, and systems
  • Hiring, developing and retaining talent to build a best-in-class Procurement organization
  • Identifying opportunities to extract additional value/innovation from the supply base while considering performance management and risk management approaches.
  • Determining, presenting, and executing procure-to-pay strategy to enable efficient requisitioning, ordering, receipt, and payment operations
  • Assessing current state of technology and determining how to maximize digital automation and other technological capabilities
  • Developing and implementing procurement procedures and guidelines, and assisting with establishing appropriate buying limits
  • Driving the implementation of a third party risk management program for Yahoo and supporting the centralization of InfoSec, Privacy and Compliance procedures at Procurement level
  • Implementing Yahoo's supplier diversity program
  • Being responsible for supplier vetting and selection
  • Liaising with Legal to enable negotiation of contracts in an efficient and effective manner
  • Evaluating performance of suppliers and providing feedback to internal and external stakeholders on performance and optimization opportunities
  • Contributing procurement performance targets as part of annual budgetary cycle and providing regular performance updates. Providing department budget recommendations and establishing controls to assure optimum deployment of resources within approved budget
  • Being responsible for assessing strategic supplier counterparty risk exposure, and where appropriate ensuring mitigating plans and actions are in place
  • Ensuring compliance with all relevant laws, health and safety and other statutory regulations
  • Performs other duties as assigned or directed


Preferred Qualifications:

  • 15+ years of experience in Procurement or equivalent industry/subject matter expertise.
  • Bachelor's degree is required, MBA is desired (but not required)
  • Demonstrated top performance in prior role(s) with increasing levels of responsibility
  • Demonstrated management capabilities, especially related to leading strategic initiatives, driving performance, leading change efforts, and producing superior results through internal stakeholder collaboration
  • Demonstrated experience managing large, diverse teams and resources
  • Track record of transforming and/or leading the continuous improvement of strategic sourcing and category management programs
  • Demonstrated ability to recruit, manage, develop, and retain top talent; a recognized leader and natural mentor
  • Knowledge of Oracle ERP and overall procurement solutions landscape including contract management, P2P, spend analytics, sourcing execution, vendor performance/risk management etc.


Yahoo is proud to be an equal opportunity workplace. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on age, race, gender, color, religion, national origin, sexual orientation, gender identity, veteran status, disability or any other protected category. Yahoo is dedicated to providing an accessible environment for all candidates during the application process and for employees during their employment. If you need accessibility assistance and/or a reasonable accommodation due to a disability, please submit a request via the Accommodation Request Form ( www.yahooinc.com/careers/contact-us.html ) or call 408-336-1409. Requests and calls received for non-disability related issues, such as following up on an application, will not receive a response.
At Yahoo, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected, and empowered to reach their potential and contribute their best. Check out our diversity and inclusion ( www.yahooinc.com/diversity/ ) page to learn more.
US Only: Please be aware that Yahoo requires all employees entering a U.S. Yahoo office and/or attending a company event (including client events) are required to be vaccinated for COVID-19. This position will require the successful candidate to obtain and show proof of a vaccination to enter a U.S. Yahoo office and/or attending a company event (including client events). Yahoo is an equal opportunity employer, and will provide reasonable accommodation to those individuals who are unable to be vaccinated consistent with federal, state, and local law.
If hired for this position in Colorado, the compensation range for this position is between $156,000.00 - $260,000.00. The compensation may vary depending on your location, skills and experience. The compensation package may also include additional incentive compensation opportunities in the form of discretionary annual bonus or commissions, plus equity incentives. Yahoo provides industry-leading benefits including healthcare, retirement, company holidays, vacation, sick time, parental leave and an employee assistance program. This information is provided per the Colorado Equal Pay Act.
Currently work for Yahoo? Please apply on our internal career site.

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