Senior Director, Procurement Cost Management
Western DigitalAbout the role
Company Description
At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.
At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that. Our technology helped people put a man on the moon.
We are a key partner to some of the largest and highest growth organizations in the world. From energizing the most competitive gaming platforms, to enabling systems to make cities safer and cars smarter and more connected, to powering the data centers behind many of the world’s biggest companies and public cloud, Western Digital is fueling a brighter, smarter future.
Binge-watch any shows, use social media or shop online lately? You’ll find Western Digital supporting the storage infrastructure behind many of these platforms. And, that flash memory card that captures and preserves your most precious moments? That’s us, too.
We offer an expansive portfolio of technologies, storage devices and platforms for business and consumers alike. Our data-centric solutions are comprised of the Western Digital®, G-Technology™, SanDisk® and WD® brands.
Today’s exceptional challenges require your unique skills. It’s You & Western Digital. Together, we’re the next BIG thing in data.
Job Description
As the Senior Director of Cost, Working Capital, & Contract Negotiations, you will play a vital role in managing and optimizing our supplier costs through robust cost management projects and contract negotiations. Your responsibilities will include developing and implementing strategies to effectively project and manage supplier cost performance in should cost, drive projects to improve supplier impact on working capital, and create a best-in-class contract negotiations play book. The contract negotiation playbook will ensure supplier cost, risks, and saving opportunities are part of supplier contract negotiations. You will collaborate with cross-functional teams and stakeholders to drive improvements, lead change management, streamline processes, and enhance financial & business performance.
- Single Source of Truth on Spending and Saving: Provide consistent data and calculations for supplier should cost spending & savings for each supplier and commodity group to support regular analytics and projections. Work collaboratively with cross-functional teams to ensure data and projections are accurate and complete.
- Procurement Cost Outlook: Govern the Direct Material (DM) Cost Management Process across each business vertical in Western Digital, and partner with finance on cost and savings projections. Ensure DM commodity teams understand and follow the process for regular cost projections and support cost variance analytics.
- Cost model: Execute cost model for all services and items Western Digital purchases to ensure spend is appropriately forecasted. Ensure the majority of spend is covered and compliant within cost model. Proactively work and collaborate with cross-functional teams, including commodity managers and finance to increase fidelity of cost projections.
- Working Capital Improvements: You will work with cross-functional teams to ensure suppliers are contributing towards Western Digital’s working capital initiatives. This includes leading a cross-functional team to identify actions to improve working capital, develop program plans and measure results.
- Contract Negotiation & Management: Create a best-in-class Contract Negotiations Play Book to ensure cost risks and saving opportunities are part of supplier negotiations. Create a contract repository with a robust Supplier On-Boarding and Off-Boarding processes.
- Team Leadership: Ability to lead and work with teams remotely, across multiple time zones, with a proven track record of achieving results, meeting commitments, and mentoring others to exceed their expectations.
- Collaboration: Collaborate with cross-functional teams, including finance, procurement, sourcing, commodity managers, business units, and operations, to align on cost projects, recovery plans, and contract execution to drive performance improvement.
Responsibilities:
- Develop and execute a supplier cost management strategic plan that aligns with the company's overall business goals.
- Assess and prioritize supplier cost risks and opportunities and develop plans to improve or sustain performance.
- Identify, collaborate, and implement tools to help expedite working capital, should cost projections, and improvement plans highlighting areas that need attention.
- Lead change management efforts to
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