Senior Director of Procurement at OpenLoop

OpenLoop’s mission is to bring care anywhere by powering telehealth solutions at scale. OpenLoop is looking for a Senior Director of Procurement to join our team remotely. In this role, you will be responsible for leading company-wide sourcing, vendor management, and spend optimization efforts. You will build and scale a centralized procurement function that supports rapid growth while driving transparency, cost savings, and compliance.

What You'll Do

• Develop and standardize a centralized procurement policy and process that promotes operational efficiency, spend visibility/controls, and compliance.

• Implement and optimize a new procurement software tool, ensuring configuration aligns with business needs and provides actionable reporting for leadership and department heads.

• Lead annual budget planning processes in coordination with FP&A, aligning procurement strategy with financial goals.

• Establish a collaborative framework with department heads to empower visibility and control of department-specific spend, vendor relationships, and budgeting.

• Work closely with the Compliance and Legal teams to ensure all procurement activities, vendor contracts, and policies meet regulatory and legal standards.

• Partner with Legal to review and negotiate vendor contracts, ensuring appropriate risk mitigation language and service level agreements.

• Other duties as assigned.

Who You Are

• A Bachelor’s degree in Supply Chain, Business, Finance, or a related field; an advanced degree is a plus.

• 10+ years of experience in procurement, sourcing, or supply chain, including leadership roles in high-growth and/or multi-location environments.

• Proven success designing and scaling centralized procurement operations and policies in both high-growth startup/scale-up environments and publicly traded companies.

• Strong knowledge of procurement software and spend management systems; experience with implementation is a plus.

• Experience in healthcare, pharmacy, and/or digital health.

• Demonstrated ability to drive cost savings, process improvements, and supplier performance management.

• Skilled in vendor negotiations, contract review, and cross-functional stakeholder collaboration.

• A strategic thinker with a hands-on, execution-oriented approach.

• Excellent communication, project management, and leadership skills.