This is a hybrid position based out of our 243 Consumers Rd location in North York, with 4 days per week in office and 1 day remote.Reporting to the Senior Director Real Estate, Facilities and Capital Planning the Senior Manager, Strategic Sourcing and Procurement will be the subject matter expert focused on maximizing enterprise value through strategic sourcing, cost optimization, supplier performance and commercial negotiations. In partnership with corporate procurement teams, the Senior Manager, Strategic Sourcing and Procurement will be accountable for analyzing current spend and negotiating with vendors to purchase retail products, goods not for resale, services, IT contracts and various other expense contracts. The role will be responsible for developing and implementing procurement strategies, fostering supplier relationships, optimizing costs, and ensuring the timely and efficient acquisition of goods/services while maintaining high-quality standards.
Key Accountabilities: Data Analytics and Cost Management
- Analyze current product/service/expense spend across the business including clinic operations and corporate costs to identify areas for cost savings
- Determine average spend per clinic across various expense categories and establish parameters/guidelines for spend
- Monitor and track spend on a regular basis and investigate variances as necessary
Procurement Strategy and Planning
- Meet with operations and cost centre leads to understand procurement needs, and to identify and evaluate vendors based on a set of criteria/scorecard to select the best vendor
- Develop and executes comprehensive procurement strategies aligned with the company's goals and objectives
- Provide updates to the VP Finance and broader leadership team on procurement strategies and initiatives and escalates risks/decisions as required
- Meet with the leadership team to plan cost-driven initiatives and annual building blocks
- Identify opportunities for improvements and cost savings in procurement operations through streamlining of processes and consolidation of the supply chain
Vendor Management
- Build and maintain strong relationships with suppliers, negotiating favourable terms, contracts and agreements
- Source new suppliers and evaluate their capabilities, quality and reliability
- Initiate and own the vendor Request for Proposal (RFP) process to source products/services
- Maintain all product/service/expense contracts
- Serve as first touchpoint with vendors for all cost-related troubleshooting
Inventory Management
- Collaborates with business teams to resolve major inventory issues as they arise i.e. over-orders, short shipments
- Forecast demand and coordinate with suppliers to ensure timely replenishment
- Facilitation where needed on major vendor stock supply chain issues
Leadership & General Management
- Conduct and review post-mortem analysis on the effectiveness of vendor management and procurement, and identifies opportunities for improvement
- Participate in the annual planning and monthly forecasting process providing inputs
- Liaise with enterprise procurement, finance and legal teams leveraging best-case practices as necessary
- Serve as first point of contact for procurement with operations, clinics and corporate cost centre leads on a regular basis
Role Requirements: - Post-Secondary Education in Business Administration, Finance, Procurement or similar
- 5+ years proven experience and success in a procurement role
- Demonstrates a passion for buying and a confident negotiator
- In-depth knowledge of procurement best practices, supplier management and market analysis
- Demonstrates strong Financial Acumen and ability to manipulate large data sets
- Analytical mindset with the ability to make data-driven decisions
- Proven collaboration skills with the ability to influence internal/external stakeholders
- Excellent communication (verbal, written and comprehension) and presentation skills
- The desire to drive innovation across the business and develop ongoing costing strategies to support business needs
- A strategic mindset with a proven track record of achieving performance milestones
Our Perks:- Have access to a yearly education re-imbursement fund
- Receive a 30% discount from Shoppers Drug Mart purchases
- Contribute to an Employee Stock Ownership Plan (ESOP) with employer matching percentage
- Have paid vacation as well as wellness days
- Have a choice to enroll in our Health and Dental Flex Life Benefits
- Access to Employee Assistance Program
