Toast is driven by building the all-in-one restaurant platform that helps restaurants and businesses operate their business, increase sales, engage guests, and keep employees happy.
The Director of Procurement is expected to be a sourcing expert for a certain set of categories such as Technology, Engineering, Security, Marketing and potentially Professional Services, Real Estate. This person in this role would act as the Procurement ambassador to the business and integrate into the business to ensure a complete alignment and deep understanding of the business goals and partner in developing sourcing strategies. The goal is to be value-added sourcing partners to the business. The person in this position will manage a team of Category Managers and Senior Category Managers. The person will ensure that their business owners are supported in a fast-paced, tight deadlines environment. This Director will report directly to the VP of Procure-to-Pay.
About this roll*
Individual Contract and Negotiations (40%)
- Lead negotiations on key commercial procurement agreements, drive contract negotiation and execution with new / existing vendors and work with the legal, finance and stakeholders for timely executions of contracts.
- Identify and evaluate business risks in contracts and advise the business owner of their performance obligations to mitigate said risk.
- Add value by becoming the subject matter expert on categories/commodities and consulting internal clients on industry trends, benchmarking, and best practices
- Drive meaningful cost savings across key spend areas and large vendor contracts.
Team Leadership (30%)
- Manage and take responsibility for work quality, deliverables and productivity of the team, including lead, develop Category Managers and Sr. Category Managers
- Provide strong, hands-on leadership to the team and cultivate a culture of accountability, curiosity and operational excellence.
- Coordinate the team’s day to day procurement functions such as operational (PO) process execution, new vendor onboarding, renewing contracts, review and approve purchase requisitions.
- Stakeholder Engagement (30%)
- Work directly and partner with stakeholders to proactively drive initiatives within the existing supply base and provide leadership in all vendor and sourcing activities.
- Provide high quality customer service to internal clients in driving savings and implementing efficient contract negotiations to close out projects
- Lead cross-functional meetings with various business functions and develop a communication strategy to keep internal clients informed about procurement processes, supplier strategy, and procurement policies.
Do you have the right ingredients*? (Requirements)
- 12+ years of procurement experience in Procurement, Supply Chain, IT, Engineering or other closely related field
- Working knowledge of contract law and contract management
- Well-developed problem solving and analytical skills
- Excellent time management and organizational skills
- High level of attention to detail
- Strong written, verbal communications and presentation skills
- Proficient in the Microsoft Office Suite
- Experience with Workday/Oracle/SAP/Netsuite or any ERP system. eSourcing and Contract Management software required
Our Spread* of Total Rewards
We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits.
#LI-REMOTE
The base salary range for this role is listed below. The starting salary will be determined based on skills and experience. In addition to base salary, our total rewards components include cash compensation (overtime, bonus/commissions, if eligible), benefits, and equity (if eligible).
Diversity, Equity, and Inclusion is Baked into our Recipe for Success
At Toast, our employees are our secret ingredient—when they thrive, we thrive. The restaurant industry is one of the most diverse, and we embrace that diversity with authenticity, inclusivity, respect, and humility. By embedding these principles into our culture and design, we create equitable opportunities for all and raise the bar in delivering exceptional experiences.
We Thrive Together
We embrace a hybrid work model that fosters in-person collaboration while valuing individual needs. Our goal is to build a strong culture of connection as we work together to empower the restaurant community. To learn more about how we work globally and regionally, check out: https://careers.toasttab.com/locations-toast.
Apply today!
Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact [email protected].
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For roles in the United States, It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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