Director of Procurement

Description

Our mission at Oura is to empower every person to own their inner potential. Our award-winning products help our global community gain a deeper knowledge of their readiness, activity, and sleep quality by using their Oura Ring and its connected app. We've helped millions of people understand and improve their health by providing daily insights and practical steps to inspire healthy lifestyles.

Empowering the world starts with living our values and empowering our team. As a quickly growing company focused on helping people live healthier and happier lives, we ensure that our team members have what they need to do their best work — both in and out of the office.

We have offices in San Francisco and San Diego for those who prefer hybrid or office settings. Oura employees in other major cities (like Boston and New York) occasionally gather informally at local co-working locations.

We are looking for a Director of Procurement to play a critical role in shaping and executing the company's strategy to optimize procurement processes, drive cost efficiencies, and ensure the highest standards of quality and service across indirect procurement. This strategic leader will oversee the development and implementation of procurement initiatives that support the company's growth and strategic objectives while enhancing and contributing to overall business performance. The Director will work closely with senior leadership across all functions to ensure that procurement strategies and outcomes align with organizational goals, driving both short-term and long-term success.

The Director of Procurement will be responsible for leveraging innovative approaches, including emerging technologies, to continuously improve procurement operations, identifying key areas of opportunity to enhance supplier relationships, reduce costs, and mitigate risks. This role will also oversee the procurement analytics in conjunction with Operations, IT and Strategy, ensuring that data-driven insights guide strategic decision-making and strengthen the competitive position of company's. By fostering a culture of collaboration and excellence, the Director will ensure that procurement practices contribute to the overall efficiency and effectiveness of the organization.

What You Will Do

• Lead the development and execution of a comprehensive procurement strategy that aligns with the broader organizational goals and drives cost efficiencies
• Serve as the principal thought leader for procurement, developing and managing innovative approaches to sourcing and supplier management
• Foster a data-driven culture within the procurement function, ensuring that actionable insights are used to improve supplier performance, reduce costs, and mitigate risks
• Work collaboratively with senior leaders across Finance, Operations, Strategy, IT, and Supply Chain and other functions to design and implement integrated procurement strategies that support company's strategic objectives
• Lead efforts to enhance supplier relationships, utilizing data and analytics to measure and address supplier performance and compliance
• Analyze and optimize procurement procedures to ensure seamless, efficient, and cost-effective processes for indirect purchases
• Develop and maintain a robust procurement analytics framework, ensuring that data collection, analysis, and reporting processes are efficient and effective
• Stay abreast of industry trends and best practices, continuously seeking opportunities to innovate and improve the procurement function.
  
  

This is a remote US role, although this leader will be expected to occasionally travel to Oura offices in San Francisco, Los Angeles, and Helsinki.

Requirements

We would love to have you on our team if you have:

• 12+ years of experience in procurement, supply chain management, or strategic sourcing, with a proven track record of success in driving cost savings, supplier performance, and procurement efficiency at a senior leadership level
• Proven experience in negotiating and drafting multi-million-dollar multi-year contracts with international counterparties
• Strong expertise in procurement analytics, with the ability to leverage data to optimize procurement performance and improve business outcomes
• A passion for operational excellence, cost efficiency, and delivering value through strategic procurement practices
• Able to establish trust and maintain effective relationships with diverse individuals, internally and externally
• Possess a results-driven entrepreneurial mindset, demonstrating initiative and creativity
• Comfortable working in a fast-paced, deadline-driven environment
• Proven ability to work collaboratively within teams, demonstrating a positive and solution-oriented approach to challenges
  
  

Benefits

At Oura, we care about you and your well-being. Everyone here at Oura has a ring of their own and we are continually looking to improve employee health.

What We Offer

• Competitive salary and equity packages
• Health, dental, vision insurance, and mental health resources
• An Oura Ring of your own plus employee discounts for friends & family
• 20 days of paid time off plus 13 paid holidays plus 8 days of flexible wellness time off
• Paid sick leave and parental leave
  
  

Oura takes a market-based approach to pay, which may vary depending on your location. US locations are categorized into tiers based on a cost of labor index for that geographic area. While most offers will be closer to the starting range, successful candidates' pay will be determined based on job-related skills, experience, qualifications, work location, internal peer equity, and market conditions. These ranges may be modified in the future.

• Region 1 $165,000 - $206,000
• Region 2 $156,000 - $195,000
• Region 3 $143,000 - $179,000
  
  

A recruiter can determine your zones/tiers based on your US location.

We are not considering candidates residing in the following states: Alaska (AK), Arkansas (AR), Delaware (DE), Iowa (IA), Mississippi (MS), Missouri (MO), Nebraska (NE), Oklahoma (OK), Rhode Island (RI), South Dakota (SD), Vermont (VT), West Virginia (WV), and Wisconsin (WI)

Oura is proud to be an equal opportunity workplace. We celebrate diversity and are committed to creating an inclusive environment for all employees. Individuals seeking employment at Oura are considered without regard to age, ancestry, color, gender (including pregnancy, childbirth, or related medical conditions), gender identity or expression, genetic information, marital status, medical condition, mental or physical disability, national origin, protected family care or medical leave status, race, religion (including beliefs and practices or the absence thereof), sexual orientation, military or veteran status, or any other characteristic protected by federal, state, or local laws. We will not tolerate discrimination or harassment based on any of these characteristics.

We will work to ensure individuals with disabilities are provided reasonable accommodation to participate in the interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Disclaimer: Beware of fake job offers!

We’ve been alerted to scammers posing as ŌURA recruiters, especially for remote roles. Please note:

• Our jobs are listed only on the ŌURA Careers page and trusted job boards.
• We will never ask for personal information like ID or payment for equipment upfront.
• Official offers are sent through Docusign after a verbal offer, not via text or email.
  
  

Stay cautious and protect your personal details.

To all recruitment agencies: Oura does not accept agency resumes. Please do not forward resumes to our jobs alias, Oura employees, or any other organization's location. Oura is not responsible for any fees related to unsolicited resumes.

Oura is a company that empowers people to own their inner potential through its award-winning products and solutions. It has offices in San Francisco, San Diego, Boston, and New York.