Chief Operations Officer
7 months ago
**KEY PURPOSE OF JOB**
**KEY TASKS**
Develop and implement operational policies and procedures
- Formulating comprehensive operational policies and procedures that streamline workflows and ensure consistency across departments.
- Regularly reviewing and updating policies to adapt to changing business needs and industry standards.
Optimize operational processes to improve efficiency and productivity
- Conducting thorough assessments of existing operational processes to identify inefficiencies and areas for improvement.
- Implementing strategies and initiatives to optimize processes, enhance productivity, and reduce costs.
Manage resources effectively to meet business objectives
- Allocating resources, including personnel, equipment, and budget, strategically to support business objectives and maximize efficiency.
- Monitoring resource utilization and adjusting as necessary to ensure optimal performance and alignment with strategic goals.
Identify and address operational challenges and bottlenecks
- Proactively identifying operational challenges and bottlenecks that hinder performance or impede progress toward organizational goals.
- Implementing solutions and initiatives to address identified challenges and improve operational effectiveness.
Collaborate to align operations with overall business strategy
- Working closely with other members of the executive team to ensure that operational initiatives and priorities are aligned with the company's overarching business strategy.
- Participating in strategic planning sessions and providing input on operational considerations and implications.
- Ensure seamless coordination and collaboration among direct reports to achieve operational excellence.
Ensure compliance with relevant regulations and standards
- Staying abreast of regulatory requirements and industry standards relevant to the company's operations.
- Establishing processes and controls to ensure compliance with applicable regulations and standards and overseeing implementation and adherence throughout the organization.
Driving continuous improvement and innovation
- Promoting a culture of continuous improvement and innovation within the operations function, encouraging employees to identify and implement innovative solutions to enhance efficiency and effectiveness.
- Championing initiatives such as Lean, Six Sigma, or other methodologies to drive operational excellence and foster a culture of innovation.
Building and leading high-performing teams
- Attracting, developing, and retaining top talent within the operations function, building high-performing teams capable of executing on strategic objectives.
- Providing leadership, guidance, and mentorship to operations staff, fostering a collaborative and results-driven work environment.
Facilities Management
- Develop and execute strategies for maintaining and optimizing facilities to support operational needs and ensure compliance with safety and regulatory standards.
- Oversee facility expansions, renovations, and upgrades to accommodate business growth and evolving operational requirements.
- Manage facility-related budgets, capital expenditures, and contracts to optimize resource allocation and cost-effectiveness.
- Coordinate with external stakeholders, including landlords, contractors, and regulatory agencies, to address facility-related issues and ensure business continuity.
Supply Chain Management
- Lead strategic sourcing initiatives to identify and onboard suppliers that meet quality, cost, and delivery requirements.
- Establish and maintain supplier relationships, negotiating contracts and terms to optimize pricing, terms, and service levels.
- Implement inventory management strategies to minimize stockouts, excess inventory, and carrying costs while ensuring continuity of supply.
- Develop risk mitigation plans and alternative sourcing strategies to address supply chain disruptions and minimize impact on operations.
Production and Testing Operations
- Define and implement production strategies, schedules, and workflows to meet customer demand while optimizing resource utilization and minimizing lead times.
- Ensure compliance with quality standards, regulatory requirements, and customer specifications throughout the production and testing processes.
- Monitor production performance metrics, such as yield, cycle time, and defect rates, identifying opportunities for improvement and implementing corrective actions.
- Collaborate with cross-functional teams to troubleshoot production issues, resolve technical challenges, and drive continuous improvement initiatives.
Project Management and Governance
- Establish and enforce project management methodologies, standards, and governance frameworks to ensure consistent project delivery and stakeholder alignment.
- Provide oversight and support for project portfolio management, prioritization, and resource allocation to optimize project outcomes and ROI.
- Conduct regular project reviews and au
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