American Electric Power

Director Procurement

American Electric Power$160K — $208K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or related field.
  • Seven years of supply chain experience, with at least three years in a managerial role.
  • Strong analytical and communication skills, with experience in advanced negotiations.
  • Ability to manage $1 billion in annual spend for materials and services.
  • Experience building relationships with internal management and external suppliers.

Responsibilities

  • Develop and manage procurement contracts and service agreements.
  • Ensure asset recovery strategies are integrated into procurement processes.
  • Initiate recommendations for strategic contracting programs across the Corporation.
  • Lead procurement activities to address the immediate needs of the Corporation.
  • Establish and track performance measurements for procurement efficiencies.
  • Provide procurement activity reports to upper management.
  • Coordinate sourcing strategies based on market changes.

Benefits

  • Annual bonus
  • Long-term incentive
  • 401K match
  • AEP Pension
  • Comprehensive benefits package to support employee well-being.
Full Job Description
Job Posting End Date
07-24-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

Generally responsible for developing, negotiating, and executing transactional procurement strategies, supplier relationship management strategies and contract services procurement strategies in support of the applicable Business Units. Champion new initiatives that will support strategic business objectives, support the business unit partner's needs, and enable the company to efficiently operate in a competitive and changing environment. Establish and maintain strong relationships with Business Unit partners and suppliers. Directs transactional and strategic procurement operations and staff in the execution of labor, service, material, and equipment contracts for over $1B in annual spend related to capital and O&M corporate projects throughout 11 states. Directly responsible for providing the management, oversight, and integration of procurement activities supporting over $1B in spend for the categories supporting the business units. Orchestrates major sourcing initiatives by providing expertise in sourcing profiles, spend, market segmentation, market trends, negotiation strategies, opportunities, risk, and total cost of ownership models. Directs complex sourcing events and facilitates executive level presentations to key sponsors and stakeholders. Establishes collaborative working relationships with various business units across the enterprise and balances policy and procedural requirements with operational needs to ensure maximum results, savings, and value are achieved. Provides oversight in the development of key partnerships (exclusive and non-exclusive) involving strategic, high-value engineered equipment, systems, labor, and services to meet demand. Supports corporate initiatives and drives organizational change through supplier development, sustainability, diversity, total cost savings, audit remediation, and SOX reporting requirements. Serves as committee lead on various internal and external steering committees.

Job Description

What You'll Do:
  • Manage and lead in the development, preparation and administration of contracts and service agreements, pre-qualification of contractors, suppliers and other service providers, maintenance of qualified contractor listings, and effective contractor performance review processes.
  • Ensure all procurement and negotiating strategies account for the recovery of the value of an asset, including redeploying it to another location in the company, returning it to the manufacturer or distributor, selling it, trading for another asset, donation, or paying to safely dispose of it or handled otherwise as recommended by the Asset Recovery group.
  • Conceptualize, organize, and initiate suggestions and make recommendations to business unit management pertaining to strategic and leverage contracting programs for the Corporation.
  • Lead the Procurement section in procuring materials, equipment, and services to meet the daily needs of the Corporation.
  • Develop and execute procurement strategies that align with goals and objectives of the business unit and establish performance measurements to monitor the efficiency of services.
  • Coordinate with the financial business planning group, the establishment, tracking and revision of procurement performance measures and performance expectations and procedures to report on these performance measures.
  • Provide periodic reports to upper-level management associated with procurement activities.
  • Recommend sourcing waves based on market or business changes identified by analysts or the Business unit.
  • Coordinate all buyer functions to ensure that the strategic programs are fully utilized and communicate the value these programs bring to AEP.
  • Create and coordinate cross-functional teams in establishing and improving supply chain initiatives and processes.


What We're Looking For:

Education:
  • Bachelor's Degree in Business Administration, Supply Chain Management, Engineering, or related field of study.
  • MBA or Purchasing certification is preferred but not required.


Work Experience:
  • Seven years of supply chain experience with at least three years in a supervisory/managerial role.


License(s)/Certification(s):
  • Certified Purchasing Manager (C.P.M.) preferred.


Other Must Haves:
  • Position will have responsibility for over $1.0 billion in annual spend for materials and services. Must have strong analytical, teamwork and communication skills and be experienced in advanced negotiations with the ability to execute complex business transactions.
  • Must have ability to effectively work with all levels of internal management and external suppliers and must be able to prioritize and coordinate activities to successfully perform in this position.


Where You'll Work:
  • On-Site in the AEP Transmission Headquarters in New Albany, OH.


What You'll Get:
  • Base salary
  • Annual bonus
  • Long-term incentive
  • 401K match
  • AEP Pension
  • Comprehensive benefits package that aims to support and enhance the overall well-being of our employees.


Compensation Data

Compensation Grade:

SP20-011

Compensation Range:

$160,434.00 - $208,565.50

The Physical Demand Level for this job is: S - Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

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About American Electric Power

American Electric Power generates, transmits, and distributes electricity, serving residential, commercial, and industrial customers nationwide. AEP serves millions of customers across 11 states. It operates in the generation, transmission, and distribution of electricity, providing power to residential, commercial, and industrial customers. AEP generates electricity using diverse sources, including coal, natural gas, nuclear, and renewable energy like wind and solar. The company maintains a vast transmission network that delivers electricity from power plants to local distribution systems, ensuring a stable and reliable power supply. AEP is actively involved in renewable energy initiatives, investing in wind farms and solar facilities to diversify its energy portfolio and reduce its environmental impact. Additionally, the company engages in community outreach, supporting education, environmental conservation, and various social initiatives.

American Electric Power Careers

Join the dynamic team at American Electric Power (AEP), one of the largest electric utilities in the United States, and ignite your career with a company known for its commitment to innovation and leadership in the energy sector.

Opportunities Await

At AEP, we offer a multitude of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking an entry-level position or a more senior role, our diverse range of employment options ensures that there's a place for every ambitious individual in our team.

Grow and Innovate

Embark on a journey of growth and professional development with AEP. Our company is at the forefront of the energy industry’s transformation, integrating sustainable and innovative practices that not only lead the market but also contribute to a greener planet. Engage in work that challenges the status quo, pushing the boundaries of what is possible in the energy sector.

Culture and Benefits

AEP is dedicated to fostering a culture of diversity and inclusion, where every team member’s contribution is valued. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. From comprehensive health benefits to professional development programs and diversity training, AEP ensures that our team is equipped for both personal and professional success.

Internship Programs

Kickstart your career with an AEP internship. Our programs provide invaluable industry experience and networking opportunities that pave the way for future employment. Interns at AEP work on real projects, learn from seasoned professionals, and gain the hands-on experience necessary to succeed in the fast-paced world of energy.

Leadership and Development

Leadership at AEP means more than guiding teams – it involves inspiring change and driving innovation. With leadership development programs, employees are prepared to take on challenging roles that shape the future of the company and the industry. Our focus on leadership and continuous improvement creates an environment where ambitious professionals can thrive.

Join Our Team

Explore the career possibilities at American Electric Power today. Search open positions that match your skills and interests. We are constantly hiring new talent and look for passionate, curious, and solution-driven team players. Prepare your resume, ace the interview, and join a company where your career can flourish.

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Learn more about American Electric Power
Size
16,688 employees
Market Cap
$48.8 billion
Industry
Net Income
$2.2 billion
Founded
1906
5 Year Trend
+0.5%
Revenue
$14.9 billion
NASDAQ

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