Manager, Strategic Sourcing
Job Description
Description
Responsibilities:
- Ownership of the assigned engagement, including but not limited to establishing / managing/ negotiating/leading executing contractual agreements, vendor onboarding & due diligence process throughout the vendor lifecycle.
- Lead end-to-end sourcing activities for assigned categories, including RFPs, vendor selection, and contract negotiations.
- Draft, review, and manage complex contracts, ensuring alignment with other areas such as legal, IT, and risk.
- Conduct spend analysis and identify cost-saving opportunities.
- Conduct analyses of existing vendor base to assess capability of meeting business objectives; balancing vendor concentration risks with vendor consolidation strategies.
- Maintain supplier master data and oversee contract lifecycle management
- Recommend/Develop and implement processes and tools for different types of contracts, risk assessments, disputes, and issue resolutions.
- Provide subject matter expertise and guidance to internal stakeholders on sourcing best practices.
- Supervise management and administration for a wide variety of contracts.
- Advise on the practices and considerations for upgrading existing contracts and solving complex contract management problems.
- Support accountable executives in the vendor performance management and evaluate operational issues and considerations in contract enforcement.
- Deliver on Strategic Sourcing Strategy, increase Strategic Sourcing brand awareness.
- Leading major contract negotiations, strategic sourcing activities, cross functional projects, risk and relationship management, and savings initiatives.
- Implement sound financial planning that is aligned with the corporate plan.
- Contribute to development & continues improvement of policies, guidelines & tools.
- Spearheading best practices for sourcing of new waves of technology and initiating strategies to boost suppliers’ technology innovation.
- Applying expert skills in data analytics, market research, sourcing, relationship and contract management.
- Manage vendor onboarding, due diligence, performance evaluations and relationships.
- Ensure the success and oversee the effectiveness of the vendor management program across the
Company
Fairstone
Location
Toronto
Country
Canada
Salary
125.000
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