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Director of Strategic Sourcing and Procurement
- IGT (West Greenwich, RI)
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Director of Strategic Sourcing and Procurement
Location:
West Greenwich, RI, US, 02817
Requisition ID: 17222
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com (https://c212.net/c/link/?t=0&l=en&o=3466342-1&h=1955860405&u=https%3A%2F%2Fwww.igt.com%2F&a=www.igt.com) .
Summary
This role is responsible for defining and executing the Global Lottery procurement strategy for direct materials, managing approximately $250 million in spend. The position focuses on achieving financial targets, fostering talent development, and ensuring procurement success through strategic sourcing, contract negotiations, pricing strategies, and supplier relationship management. The Director will coordinate and oversee a team of buyers responsible for executing daily procurement activities, including purchase order creation.
Responsibilities
+ Strategic Sourcing & Commodity Management: Develop and implement strategic sourcing initiatives across Lottery business categories, including hardware (e.g., terminals, vending machines) and print materials (e.g., instant tickets, thermal paper). Continuously monitor key component markets to mitigate cost and risk impacts, ensuring optimal market positioning.
+ Supplier Relationship & Performance Management: Establish and nurture strong global supplier relationships, driving performance, innovation, and risk mitigation. Conduct regular supplier business reviews, create performance scorecards, and implement continuous improvement programs.
+ Cost Optimization & Compliance: Identify and execute cost-savings strategies while maintaining quality, delivery, and regulatory compliance. Lead value engineering initiatives where applicable and ensure adherence to global procurement policies and industry standards.
+ Contract Negotiation & Risk Management: Lead complex contract negotiations to secure favorable terms while reducing legal and operational risks. Manage risks associated with global supply chain volatility, geopolitical challenges, and tariffs.
+ Team Leadership & Cross-Functional Collaboration: Mentor and lead a high-performing procurement team. Partner cross-functionally with Legal, Quality, Accounting, Engineering, Operations, and Logistics to support business growth and customer contract obligations.
+ Operational Excellence: Oversee procurement operations, including RFPs, RFQs, contract management, and purchase order execution. Drive process improvements through advanced procurement tools (e.g., ERP systems, e-sourcing platforms) and maintain ISO 9001 certification standards.
Qualifications
Education:
Minimum: Bachelor's degree in Supply Chain Management or a related field
Preferred: Master's degree in Supply Chain Management or a related field
Experience:
Minimum: 8 years of experience directly related to the duties and responsibilities specified
Preferred: 12+ years of experience directly related to the duties and responsibilities specified
+ Strong understanding of global events and policies affecting procurement strategies, including competitor sourcing practices.
+ Expertise in solving both technical and interpersonal challenges to foster supplier relationships and ensure seamless product delivery despite supply chain disruptions.
+ Experience in managing supplier performance through adaptable strategies, driving innovative solutions to address urgent business needs.
+ Ability to negotiate and manage complex contractual arrangements internationally, requiring cultural awareness and business acumen.
+ Exceptional communication and listening skills to engage diverse internal and external stakeholders.
+ Proven leadership in resolving conflicts between suppliers and internal customers, acting as a strategic connector between external market dynamics and internal priorities.
+ Comfortable interacting with C-level executives, both internally and externally, given the size and complexity of major contracts.
Keys to Success
+ Building collaborative relationships
+ Decision making
+ Drive results
+ Foster innovation
+ Personal energy
+ Self-leadership
\#LI-KM2
_IGT is committed to sustaining a workforce that reflects the diversity of the global customers and communities we serve, creating a fair and inclusive culture that enables all our employees to feel valued, respected and engaged. IGT is an equal opportunity employer. We provide equal opportunities without regard to sex, race, color, religion, age, national origin or ancestry, disability, veteran status, sexual orientation, genetic information, gender identity or expression, and any other personal attributes protected by federal, state, or other laws. We thank all applicants for applying; however, only those selected to interview will be contacted._
_At IGT, we consider a wide range of factors in determining compensation, including background, skills, experience, and work location. These factors can cause your compensation to vary. The estimated starting compensation range is $117,880 - $240,000. The actual pay offered may end up being higher or lower. The Company will comply with all local pay requirements and collective bargaining agreements, where applicable._
_Base pay is only one part of our Total Rewards program. Sales roles may be eligible for commission payments, while other roles are eligible for discretionary bonuses . In addition, we offer employees a 401(k) Savings Plan with Company contributions, health, dental, and vision insurance, life, accident, and disability insurance, tuition reimbursement, paid time off, wellness programs, and identity theft insurance. Note: programs are subject to eligibility requirements._
_All IGT employees have a role in information security. Annual training will be assigned and required as appropriate._
_IGT (NYSE: IGT) is the global leader in gaming. For more information, please visit_ _www.igt.com_ _._
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