Director, Strategic Sourcing

Responsibilities

• Sourcing Optimization:
• Serve as a trusted strategic advisor to senior leadership, leveraging deep sourcing expertise to inform critical business decisions
• Lead and contribute to high-priority HQ strategic initiatives, delivering critical reporting and actionable insights across key areas such as inflation analysis, tariff risk mitigation, supply chain resilience, diversity in procurement, and comprehensive spend/cost optimization.
• Develop region-wide programs to drive deep sourcing within the organization; thought leader in sourcing activities across the organization, fostering a vision for a best-in-class sourcing team
• Develops and executes a multi-year category strategies targeting 5-12% total cost reduction annually
• Lead the development and execution of innovative sourcing strategies for high-value, greenfield categories, particularly Capital Projects, to realize substantial and sustainable cost savings and optimize value
• Partner with key stakeholders to develop sourcing strategies and plan for key spend categories (specifically marketing services, and client and retail environment), in line with Richemont global strategies, policies and processes
• Collaborate closely with FP&A to understand pipeline projects and partnership opportunities for impactful savings and effective category strategies
• Own savings tracking end-to-end - from pipeline identification through finance-validated realization
• Partner with Finance to ensure procurement savings are accurately aligned to P&L impact and integrated into budget planning cycles
• Supplier Selection and Management:
• Lead the development and regional implementation of a comprehensive responsible sourcing strategy, ensuring seamless alignment with global HQ principles and translating strategic vision into actionable, impactful initiatives across the region
• Lead the strategic development and expansion of advanced supplier engagement programs, encompassing preferred supplier frameworks, fostering innovation partnerships, and implementing robust performance remediation processes to maximize supplier value
• Maintain strong relationships with key suppliers and conduct supplier reviews in collaboration with the business, procurement teams, legal and sustainability teams
• Manage supplier performance reviews including remediation, re-negotiations, and continuous improvement
• Sourcing Excellence:
• Lead, mentor, and develop a high-performing team of sourcing professionals across the regional team, fostering a culture of excellence through continuous feedback, coaching, motivation, and skills development
• Serve as sourcing and procurement subject matter expert, advising the Maison on procurement strategies, processes, policies, and best practices
• Strategically partner with the finance team to ensure robust alignment on procurement strategy, proactively identify savings opportunities, and drive optimization projects that deliver significant financial value
• Strategically oversee and manage external resources supporting procurement oper

Benefits

Additional Information

Richemont, one of the world leaders in the luxury sector, has various Houses specializing in jewelry, watches and high-end accessories. Each Maison proudly embodies a tradition of style, quality and craftsmanship and Richemont strives to preserve the heritage and identity specific to each of them. At the same time, we are committed to innovating and designing new products in line with the values of our Houses, through a process of permanent creativity. At Richemont Americas, we aspire to reflect the ever-changing world around us. We are proud to employ talent from many different backgrounds, experiences, and identities to build a continually evolving, inclusive community where the diversity of our colleagues and clients is rich and celebrated. We believe when inclusion is fully embraced and empowered, creativity and knowledge emerge to deliver excellence, advancing the community that is uniquely Richemont Americas. Director, Strategic Sourcing Procurement | New York, NY Reports to: AVP, Strategic Sourcing Role Overview The Director for Strategic Sourcing, reporting to the Regional Strategic Sourcing AVP, partners closely with Richemont Americas Maisons and leadership to drive sourcing strategies that optimize indirect sourcing and procurement compliance across the region, contributing to Richemont business objectives. This position is responsible for enhancing a sourcing foundation within the Americas region, while aligning with procurement policy, best practices, and sustainability ambitions. In addition, this position will support Richemont HQ in implementing global sourcing in strategies within the Americas' region.

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