Vice President, Procurement

Job RequirementsVice President, Procurement | OmniCableOur OpportunityOmniCable, LLC (OmniCable) is one of the largest redistributors of wire, cable, fiber, electrical and communications products. The company empowers distributors to be successful by providing a true partnership approach with a focus on product and order accuracy, supply chain management, and unique value-added services. With approximately $400 million dollars in inventory and 18 North American distribution locations, OmniCable is backed by more than 45 years of experience and operational excellence. For more information about OmniCable, please visit www.omnicable.com.OmniCable is a subsidiary of Dot Family Holdings. Our employees are all working towards the same goal, which is our Mission Statement: To empower shared success by being the best vendor to our customers, the best customer to our vendors, and the best employer to our employees through innovation and collaboration.We are committed to fostering an inclusive and innovative work environment that values diversity and encourages professional growth.We believe in empowering your future!Role SummaryThe Vice President, Procurement is responsible for developing and executing the company’s overall procurement and inventory management plan. This includes interpreting and executing the Product Line Management (PLM) strategies in a way that optimizes spend, inventory turns, and margin dollars. This role is responsible for developing, managing and maintaining the regional inventory profiles. This individual will be in control of inventory planning and procurement processes. This involves procurement, return merchandise authorization (RMA), allocations, and the purchasing administration departments. The Vice President, Procurement will lead Inventory management, strategic planning, supplier relationship management, and cross-functional collaboration to ensure efficient and cost-effective procurement operations.Key ResponsibilitiesProcurement & InventoryLead procurement strategy to ensure product availability at competitive prices.Execute the Product Line Management (PLM) plans across all products to optimize inventory turns, drive to and maintain competitive inventory profiles and lead the procurement and inventory planning teamsImprove procurement processes for efficiency and cost savings.Manage purchasing operations, contracts, and vendor compliance.Develop and execute comprehensive procurement strategies to meet the demands of the business unit.Work with Product Line Management (PLM) to determine optimum import and domestic partner mix. Oversee inbound inventory, transfers, and product data accuracy.Product AllocationsManage inventory allocations to support product strategy.Collaborate across teams to resolve allocation issues and reduce waste.Returns (RMA)Oversee returns and exchanges for timely resolution.Partner with finance, sales, operations, and vendors to resolve RMA issues.Supplier ManagementBuild strong supplier relationships and negotiate favorable terms.Monitor supplier performance and ensure compliance.Data & ReportingAnalyze performance metrics and generate actionable insights.Present reports with KPIs and improvement recommendations.Performance & Process ImprovementTrack department effectiveness and drive system enhancementsLead cost-saving initiatives and process improvements.Cross-Team CollaborationWork closely with sales, operations, finance, PLM, and marketing.Align procurement strategies with business goals and improve product flow.Work ExperienceQualifications & Skills:EssentialTypically requires a minimum of 8-10 years of related experience in procurement, supply chain, or inventory management, with at least 3-5 years in a managerial or leadership role Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or a related field requiredStrong understanding of procurement best practices, inventory control systems, and supply chain management principles Exceptional leadership, communication, and negotiation skills Proficiency in utilizing procurement software, ERP systems, and data analytics tools Ability to work collaboratively in a cross-functional team environment Strategic thinker with a customer-centric approach Detail-oriented with a focus on continuous improvement Adaptable and able to manage multiple priorities in a fast-paced environment PreferredAdvanced degree (MBA or equivalent) preferred Experience in the redistribution or distribution industryWork EnvironmentThe role is primarily office-based with standard working hours. The office features modern amenities, collaborative workspaces, and technology to support remote work and virtual meetings The role requires occasional travel to meet with customers, suppliers, and attend industry events. Travel may include domestic and international destinations, depending on business needs BenefitsBesides earning a competitive wage, OmniCable offers these other great benefits: Competitive Medical / Dental / Vision / Prescription PlansNo-cost Life / STD / LTD / AD&DHealth Savings & Dependent Care Accounts401k Retirement Savings Plan with competitive employer matchTuition ReimbursementScholarship FundFlexible Workplace