Parametric Technology (PTC)

Vice President, Global Procurement

Parametric Technology (PTC)$203K — $250K *
Enterprise Technology
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years in strategic sourcing and procurement with 5+ years in senior leadership
  • Hands-on experience leading enterprise-wide technology vendor consolidation
  • Fluent in tech commercial models including SaaS and cloud pricing
  • Proven negotiation skills with major tech vendors like Microsoft and Oracle
  • Experience transitioning from license-based to consumption-based commercial models
  • Strong stakeholder management and influencing abilities
  • Experience in building and leading geographically dispersed teams
  • Bachelor's degree in relevant fields such as Supply Chain Management or Business Administration

Responsibilities

  • Develop and execute a global procurement strategy aligned with corporate objectives
  • Lead high-value executive negotiations on critical vendor agreements
  • Build a formal RFP strategy for large-scale negotiations
  • Shape the structure of a high-performing global procurement team
  • Utilize modern procurement technology and analytics for process improvements
  • Collaborate with Finance, Legal, and IT/R&D leaders to streamline technology landscape
  • Advance responsible sourcing practices including supplier diversity
  • Establish performance metrics for executive-level visibility

Benefits

  • Medical, dental, and vision insurance
  • Paid time off and sick leave
  • Tuition reimbursement
  • 401(k) contributions with employer match
  • Flexible spending accounts
  • Life insurance and disability coverage
  • Commuter subsidy for office-based employees
Full Job Description
The Opportunity

PTC is at an inflection point. We're kicking off one of the most significant transformation initiatives in the company's history: a full-scale rationalization of our technology vendor and sourcing ecosystem. This isn't a "nice to have" project buried in procurement - it has direct sponsorship from our executive leadership team, who are actively clearing the path across the business to make it happen.

We're looking for a Vice President, Global Procurement who has done this before - not supported it, not advised on it, led it. Someone who has sat in the driver's seat of an enterprise-wide technology and vendor consolidation, negotiated the big, complex, multi-year tech agreements (think Microsoft, Oracle, Workday-scale), and knows how to navigate the shift from legacy licensing to consumption-based commercial models. You'll walk into a role with real executive air cover, a global team of ~20 procurement professionals to help shape, and a mandate to make a measurable, bottom-line impact - fast.

If you've delivered this kind of transformation elsewhere and are ready for a new one, this is the seat.

What You'll Do
  • Develop and execute a global sourcing and procurement strategy aligned to corporate objectives, including a multi-year roadmap for vendor and technology rationalization that drives significant, measurable cost savings
  • Lead executive-level negotiations on high-value contracts and critical vendor agreements, building escalation strategies that get results
  • Build out a formal RFP strategy and process for large-spend negotiations
  • Lead, develop, and help shape the structure of a high-performing global procurement team spanning the US, India, Romania, Brazil, and Europe
  • Leverage modern procurement technology and analytics - including AI - to surface process improvements and vendor insights, and own PTC's vendor data governance model
  • Partner closely with Finance, Legal, and IT/R&D leadership to align priorities, streamline the third-party technology landscape, and keep stakeholders across the business informed on the status of major negotiations
  • Advance responsible sourcing practices, including supplier diversity, sustainability, and regulatory compliance
  • Establish and report on SLAs, KPIs, and other performance metrics that make progress visible at the executive level


What We're Looking For
  • 12+ years of progressive strategic sourcing and procurement experience, including at least 5 years in senior leadership
  • A proven, hands-on track record leading - not just participating in - an enterprise-wide technology vendor consolidation, ideally at a technology or software company
  • Deep fluency in tech commercial models: SaaS subscription metrics, cloud consumption/compute pricing, enterprise software licensing, and vendor discount structures
  • A strong track record negotiating large, complex enterprise technology agreements (major vendors such as Microsoft, Oracle, Workday, etc.)
  • Experience navigating the shift from license-based to consumption-based commercial models
  • Exceptional influencing and stakeholder management skills - you'll need to hold the line with senior cross-functional leaders across the business
  • Experience building and leading geographically dispersed teams
  • Bachelor's degree in Supply Chain Management, Business Administration, Information Technology, Computer Science, or a related field
  • Based in or able to work regularly from our Boston, MA headquarters

Compensation and Benefits

In compliance with the Massachusetts Wage Transparency Law, the good-faith base salary range for this position is $203,000-$250,000 USD annually. Actual compensation offered will be based on factors such as the candidate's skills, qualifications, experience, and internal equity, and may fall outside this range in unique circumstances. This role is also eligible to participate in PTC's Corporate Incentive Plan and PTC's Long-Term Incentive (LTI) equity program. In addition to base pay and incentive eligibility, employees may be eligible for medical, dental and vision insurance, paid time off and sick leave, tuition reimbursement, 401(k) contributions and employer match, flexible spending accounts, life insurance, disability coverage and, if you are an office-assigned employee, a generous commuter subsidy. All total rewards and benefits programs are subject to applicable plan eligibility and other terms and conditions.

Applications will be accepted on an on-going basis.

This position is not eligible for employment-based immigration sponsorship. Applicants must be authorized to work in the United States without requiring current or future sponsorship from PTC.

About Parametric Technology (PTC)

PTC is a global software company that delivers a technology platform and solutions to help companies design, manufacture, operate, and service things for a smart, connected world. The company's solutions transform the way products are created and serviced across the entire product lifecycle - from conception and design to sourcing and service. Founded in 1985, PTC employs approximately 6,500 professionals serving more than 28,000 businesses in rapidly-evolving, globally distributed manufacturing industries.
Learn more about Parametric Technology (PTC)
Size
6,709 employees
Market Cap
$14.2 billion
Industry
Net Income
$118.7 million
Founded
1985
5 Year Trend
+10.7%
Revenue
$1.5 billion
NASDAQ

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