Vice President of Procurement – CPG Supply Chain

Are you a strategic procurement leader with deep expertise in the Consumer Packaged Goods (CPG) supply chain? We are seeking a Vice President of Procurement to oversee sourcing, supplier relationships, and cost optimization for a leading CPG company in Denver, CO. This is an exciting opportunity to drive procurement strategy, enhance operational efficiency, and ensure a resilient supply chain in a fast-paced industry. If you have a strong background in procurement, negotiation, and supply chain management, we want to hear from you.

Drive Procurement Excellence for a Leading CPG Brand in Denver

A top-tier Consumer Packaged Goods (CPG) company in Denver, CO is looking for a Vice President of Procurement to lead its procurement operations and supplier strategies. The ideal candidate will have extensive experience in supply chain management, vendor negotiations, and cost reduction initiatives. If you are passionate about optimizing procurement processes, fostering strong supplier partnerships, and ensuring supply chain resilience, this role offers a unique chance to make a significant impact in the industry.

Key Responsibilities of the Vice President of Procurement – CPG Supply Chain

Strategic Procurement Leadership: Develop and execute a comprehensive procurement strategy that aligns with business objectives, industry trends, and supply chain best practices. Drive cost optimization, risk mitigation, and supplier innovation to maintain a competitive edge.

Supplier & Vendor Management: Build and nurture strong relationships with suppliers, manufacturers, and distributors to ensure quality, reliability, and cost-effectiveness. Lead supplier negotiations to secure favorable terms, mitigate risks, and enhance supply chain resilience.

Cost Optimization & Spend Management: Identify and implement cost-saving initiatives without compromising quality or efficiency. Develop budgeting and forecasting strategies to optimize procurement expenditures and enhance financial performance.

Supply Chain Efficiency & Process Improvement: Enhance procurement operations by streamlining processes, improving lead times, and implementing best practices. Leverage data analytics and technology to drive efficiency, reduce waste, and improve decision-making.

Risk Management & Compliance: Ensure procurement activities comply with industry regulations, corporate policies, and sustainability initiatives. Develop contingency plans for supply chain disruptions, raw material shortages, and geopolitical risks.

Cross-Functional Collaboration: Work closely with operations, finance, and product development teams to align procurement strategies with business goals, production needs, and market demands. Foster a culture of collaboration and continuous improvement.

Sustainability & Ethical Sourcing: Lead initiatives focused on sustainable sourcing, responsible supplier partnerships, and ESG (Environmental, Social, and Governance) compliance. Drive ethical procurement practices while optimizing costs and ensuring product integrity.

Technology & Innovation in Procurement: Identify and implement digital procurement tools, automation, and AI-driven solutions to enhance procurement operations. Utilize data-driven insights to improve supplier performance and cost efficiency.

What the Client is Looking for in You

As the Vice President of Procurement – CPG Supply Chain, the client seeks a results-driven procurement leader with a deep understanding of supply chain dynamics, cost management, and supplier negotiations within the Consumer Packaged Goods (CPG) industry. You should be a strategic thinker with a proven track record of optimizing procurement operations, driving efficiency, and ensuring supply chain resilience in a fast-paced environment.

Extensive Procurement & Supply Chain Expertise

The ideal candidate has significant experience in procurement, strategic sourcing, and vendor management within the CPG industry. You should have a strong background in supplier negotiations, contract management, and cost-saving initiatives to enhance operational efficiency and profitability. Experience managing complex global supply chains, raw material sourcing, and logistics optimization is highly valued.

Strategic Vision & Cost Optimization

The client is looking for a procurement leader who can develop and implement a long-term sourcing strategy that drives cost reductions while maintaining quality and supplier reliability. You should have experience in analyzing market trends, identifying new sourcing opportunities, and mitigating supply chain risks to ensure business continuity and competitive advantage.

Strong Financial Acumen & Data-Driven Decision Making

Managing budgets, optimizing procurement spend, and implementing cost-saving strategies are key aspects of this role. The ideal candidate will have experience in financial planning, supplier contract negotiations, and spend analytics to drive data-informed procurement decisions. Proficiency in procurement technology, ERP systems, and supply chain analytics tools is a plus.

Leadership & Cross-Functional Collaboration

The client values a proven leader who can build and lead high-performing procurement teams, foster strong cross-departmental collaboration, and align procurement strategies with broader business objectives. Your ability to work closely with finance, operations, product development, and manufacturing teams will be critical to success in this role.

Supplier Relationship Management & Negotiation Expertise

A strong negotiator and relationship builder, you should have a track record of developing and managing supplier partnerships that ensure cost-effectiveness, reliability, and innovation. You should be adept at risk assessment, supplier diversification, and contract negotiations to drive sustainable supply chain solutions.

Commitment to Compliance & Sustainability

The ideal candidate will have a deep understanding of procurement ethics, industry regulations, and sustainability initiatives. Experience in responsible sourcing, ESG compliance, and supply chain transparency is highly desirable. The client is seeking someone who can champion sustainable procurement strategies while ensuring compliance with corporate and regulatory standards.

FAQs About the Role – Vice President of Procurement – CPG Supply Chain

1. What are the key responsibilities of the Vice President of Procurement?

As the Vice President of Procurement, you will be responsible for developing and executing procurement strategies, managing supplier relationships, optimizing costs, and ensuring supply chain efficiency. You will lead sourcing initiatives, negotiate contracts, drive sustainability efforts, and mitigate supply chain risks to enhance operational performance. Additionally, you will collaborate with cross-functional teams to align procurement goals with business objectives.

2. What qualifications and experience are required for this position?

The ideal candidate should have extensive experience in procurement, supply chain management, and strategic sourcing, preferably within the Consumer Packaged Goods (CPG) industry. A strong background in vendor negotiations, cost reduction strategies, risk management, and contract management is essential. Experience with ERP systems, procurement analytics, and sustainability initiatives is a plus. A bachelor’s degree in supply chain management, business, or a related field is required, while an MBA or certification (e.g., CPSM, CSCP) is preferred.

3. What leadership qualities are essential for this role?

The client is looking for a strategic and results-driven leader with strong decision-making, negotiation, and analytical skills. The ability to lead procurement teams, foster supplier partnerships, and collaborate with stakeholders is crucial. You should also have a data-driven mindset, financial acumen, and experience in driving operational excellence in procurement and supply chain functions.

4. What challenges can I expect in this role?

As a Vice President of Procurement, you will face challenges such as fluctuating raw material costs, supply chain disruptions, regulatory compliance, and sustainability mandates. Managing supplier performance, optimizing procurement spend, and ensuring on-time and cost-effective sourcing will be critical. The role requires proactive problem-solving and the ability to adapt to market trends and industry challenges.

5. What impact will this role have on the company’s growth?

The Vice President of Procurement will play a key role in enhancing cost efficiencies, improving supply chain resilience, and driving supplier innovation. Your ability to optimize procurement processes, implement strategic sourcing initiatives, and negotiate favorable contracts will directly impact profitability, product quality, and operational success.

6. What is the company’s culture and work environment like?

The company fosters a collaborative, fast-paced, and innovation-driven culture. They value strategic thinkers who can drive efficiency, cost savings, and sustainability initiatives. You will work alongside cross-functional teams in an environment that encourages continuous improvement, innovation, and supply chain excellence.

What Remuneration Can You Expect from This Job?

As the Vice President of Procurement – CPG Supply Chain in Denver, CO, you can expect a highly competitive compensation package that reflects your leadership role in strategic sourcing, supplier management, and cost optimization. The remuneration for this position typically includes:

1. Base Salary

The base salary for a Vice President of Procurement in the CPG industry varies based on company size, revenue, and industry competitiveness. In a mid-to-large-sized CPG company, the annual base salary typically ranges from $180,000 to $300,000, with larger corporations offering even higher compensation.

2. Performance-Based Bonuses

Beyond the base salary, this role includes annual performance-based bonuses, tied to key procurement and supply chain metrics such as cost savings, supplier performance, operational efficiency, and overall business impact. These bonuses can range from 20% to 50% of the base salary, depending on individual and company performance.

3. Equity & Stock Options

Many CPG companies provide equity-based incentives, such as stock options, restricted stock units (RSUs), or performance-based shares. These incentives align procurement leadership with the company’s long-term financial success and shareholder value. Equity grants can significantly enhance the total compensation package.

Some companies offer profit-sharing or LTIPs that reward executives for sustained performance over multiple years. These long-term incentives ensure procurement leaders focus on cost optimization, supplier innovation, and supply chain resilience, contributing to the company’s long-term success.

5. Executive Benefits & Perks

Vice Presidents in procurement typically receive a comprehensive executive benefits package, which may include:

Health, dental, and vision insurance
401(k) with company contributions or executive retirement plans
Company-provided travel allowances or corporate expense accounts
Professional development and leadership training programs
Wellness programs and executive health perks

6. Signing Bonuses & Relocation Assistance

For top-tier candidates, companies may offer signing bonuses or relocation packages. These incentives can range from $20,000 to $100,000, depending on the company and candidate’s experience level.

Total Compensation Potential

When factoring in base salary, performance bonuses, stock options, and additional incentives, total compensation for a Vice President of Procurement in the CPG industry can range from $250,000 to $600,000+ annually, with high-growth or publicly traded companies offering even more lucrative packages.

How to Apply

If you are a proactive and results-driven leader with extensive experience in procurement and supply chain management within the Consumer Packaged Goods (CPG) industry, we encourage you to apply for the Vice President of Procurement – CPG Supply Chain role in Denver, CO. This is an exceptional opportunity to lead procurement strategies, optimize supply chain efficiency, and drive cost-saving initiatives in a dynamic and competitive industry.

To apply, please submit your resume and a cover letter outlining your expertise in strategic sourcing, supplier negotiations, cost optimization, risk mitigation, and supply chain sustainability. Highlight your track record in building strong vendor partnerships, implementing procurement best practices, and leading high-performing teams to enhance operational success.

This leadership role offers an opportunity to make a significant impact on procurement efficiency, profitability, and supplier innovation within a growing CPG organization. Apply today to take the next step in your executive career as a Vice President of Procurement – CPG Supply Chain in Denver, CO!

For more information or to explore similar opportunities, visit our CPG Executive Recruiters Page.

Tags:

Job Category: CPG Supply Chain

Job Type: Full Time

Job Location: Denver

Vice President of Procurement – CPG Supply Chain – Denver, CO