F1 Arcade

Procurement Director

Chicago, IL, USPosted 1 month ago

Job Description

Job Description

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Job Title: Procurement Director

Location: Remote (Must live within a 25-mile radius of a venue)

Reporting to: Chief Financial Officer

Role Overview

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The Procurement Director is responsible for leading the strategic sourcing, supplier management, commercial optimization, and procurement transformation agenda across F1® Arcade globally.

The role will develop and implement a procurement function that delivers measurable value through cost optimization, supplier innovation, risk management, governance, and operational excellence across all markets.

As F1® Arcade continues its international expansion, the Procurement Director will establish scalable procurement frameworks, category strategies, supplier governance models, and sourcing processes that support growth while maximizing commercial value and mitigating risk.

A key component of the role will be driving procurement maturity across the business, embedding category management disciplines, enhancing supplier performance management, improving spend visibility, and positioning procurement as a strategic business partner across the organization.

Reporting to the Chief Financial Officer, the role will work closely with Executive Leadership, Operations, Finance, Development, Legal, Technology, Marketing, and People teams to ensure procurement strategies support F1® Arcade's growth ambitions and long-term business objectives.

Key Areas of Responsibility

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Global Category StrategyLeadership

  • Develop and implement global category strategies across all major spend
  • Establish and lead a structured category management framework, including spend analysis, supplier segmentation, sourcing pipelines, risk assessment, and performance measurement.
  • Build a multi-year procurement and sourcing roadmap aligned to F1® Arcade's global growth
  • Identify opportunities for supplier consolidation, demand management,

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