Chief Procurement Officer

Department: Procurement

Date: Oct 16, 2024

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically while protecting the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet.

FMC is a globally diverse organization that offers its employees exciting opportunities to work on challenging projects that are important to the achievement of our strategic objectives. With a corporate culture of innovation, integrity, responsibility and customer intimacy, we foster “The Right Chemistry” in everything we do. We are looking for people to join us in creating, developing, and improving our products, our processes, and our markets. If you are ready to make a difference every day, FMC is ready to talk to you. Visit FMC to learn more and follow us on LinkedIn and Twitter.

Role Overview:

The Chief Procurement Officer (CPO) will lead the global procurement function and be responsible for the procurement strategy of diverse business activities at FMC. This role is responsible for leading and managing the company’s procurement function across all business units for both direct and indirect purchases. The CPO will lead the strategic sourcing process that aligns to the company’s long-term business goals, including strategy development, spend and market analysis, supplier selection and negotiation, contract development and management, implementation, performance management and risk management. The CPO must continuously search for ways to leverage the enterprise spend to drive productivity, optimize costs, and align procurement initiatives across the enterprise to maximize the overall business value. This role will report directly to the Executive VP, Integrated Supply Chain.

Key Role Responsibilities:

Strategic Leadership:

Develop and implement a comprehensive procurement strategy that aligns with the organization’s goals.
Identify opportunities for cost reduction and improved procurement efficiencies.

Supplier Management:

Evaluate and develop strategic supplier relationships, negotiate contracts, and implement systems for monitoring performance, assessing risk, and responding to change in demand or disruptions in supply chain.
Establish and maintain strong relationships with key suppliers to ensure quality, reliability, and cost-effectiveness.

Organizational Design:

Analyze and evaluate the current procurement organizational structure to identify areas for improvement and optimization.
Develop and implement a streamlined procurement framework that enhances efficiency, accountability, and collaboration across teams.
Align procurement functions with overall business strategies to ensure effective resource allocation and process integration.

Team Management:

Lead and mentor the procurement team, fostering a culture of continuous improvement and professional development.
Set clear performance metrics and monitor team performance against objectives.

Risk Management:

Assess and mitigate risks associated with procurement activities.
Identifies critical long-term issues that could affect the planning and decision-making process.
Ensure compliance with relevant laws, regulations, and ethical standards.
Update Procurement policies and procedures as businesses evolve with a focus on global growth and on enhanced internal controls around all spending activities.

Collaboration:

Work closely with other departments (e.g., finance, manufacturing, and legal) to understand their needs and align procurement activities.
Facilitate cross-functional projects to enhance overall operational efficiency.

Market Analysis:

Stay informed about market trends and industry developments to inform procurement strategies.
Analyze supplier performance and market conditions to make data-driven decisions.

Budget Management:

Oversee the procurement budget and ensure spending aligns with financial goals.
Report on procurement performance and savings to senior management.

Required Education:

Bachelor’s degree in supply chain management, economics, finance, operations, or a related field
Master’s degree preferred.

Qualifications:

15+ years’ experience leading global sourcing/procurement teams and initiatives supporting large matrix organizations
Experience in indirect and direct procurement.
Experience in complex, global industries/markets with a strong customer centric focus.
Demonstrated and proven negotiation and contract management capabilities.
The ideal candidate has successfully led complex negotiations in high stakes situations and managed large budgets.
In depth knowledge of sourcing and procurement principles and best practices.

At FMC, diversity and inclusion are in our DNA. We are proud to be an Equal Opportunity Employer with a commitment to creating an inclusive workplace where all employees can thrive – regardless of race, gender, sex, pregnancy, gender identity and/or expression, sexual orientation, national origin or ancestry, citizenship status, color, age, religion or religious creed, physical or mental disability, medical condition, genetic information, marital status, military or veteran status, or any other basis protected by federal, state or local law. FMC also supports employee participation in company employee resource groups that celebrate the diverse backgrounds of our workforce by providing communities for employees to connect with each other and raise awareness throughout FMC. FMC complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, please contact our Talent Acquisition department.

Chief Procurement Officer

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