Sourcing Manager

2 weeks ago

Ontario, Canada EightSix Network Inc Full time

Reporting to the VP, Procurement, Sourcing & Commercialization, the Sourcing Manager will support our fast-paced, growing company by ensuring timely and cost-effective acquisition of goods and services required for operations. They are responsible for the purchase of all ingredients used in products manufactured at YaYA Foods. They will bring value to the organization through their execution of strategic sourcing activities including conducting RFPs, market risk management, and supplier contract negotiations. They will be instrumental in fostering key supplier partnerships and working with customers to develop solutions to meet their needs and improve the value offering of YaYA Foods. This role will require a daily onsite presence.

Responsibilities

  • Run a structured, proactive procurement function. Match sales forecasts to material requirements providing certainty of availability of materials and maximizing effectiveness of purchasing to deliver favourable cost of goods
  • Lead supplier contract negotiations, both for long term supply agreements and ad-hoc purchasing requirements
  • Evaluate supplier core competencies, competitive positioning, and risk by conducting market research into market trends, utilizing cost models, and creating cost estimates and forecasts
  • Conduct commodity market risk analysis to inform hedging decisions and deliver supply certainty at favourable costs
  • Identify cost savings opportunities and determine what contingencies exist to deliver them
  • Conduct RFPs to identify the best sourcing option on price, reliability, and quality for the business
  • Understand customer needs - Enhance customer relationships with the objective of reducing costs, growing business, and eliminating inefficiencies throughout the procurement cycle
  • As the central point of contact for purchasing in the organization, coordinate projects to deliver successful results with commercialization, planning, finance, quality, operations, and sales
  • Drive strategic decision making on purchasing decisions through research, & data analysis
  • Coordinate with the planning function on contracting of materials to ensure all requirements are confirmed, available, and delivered on time
  • Manage material requirements with contract commitments, recording all transactions. Fully understand and report on cost of goods used in production and forecast out cost of goods based on futures markets conditions
  • Drive purchasing decisions based on cost and scenario analysis, and an overall comprehensive evaluation of various suppliers

Profile

  • degree in business, management, economics, finance, mathematics, or a related field is required
  • years of procurement related experience with demonstrated leadership skills is required
  • degree in business administration or a specialization in advanced procurement management is an asset
  • proficiency in Microsoft office suite (Excel particularly) is mandatory. Experience in development and use of macros considered an asset. Experience with Oracle Netsuite is valuable
  • verbal and written communication skills for all levels of organizational management
  • to collect, track, and analyze large amounts of data using critical thinking and advanced problem-solving skills
  • leadership, team building, and management skills to mentor and lead staff. Enjoys collaborative work, deploying a team oriented approach
  • ability to manage multiple projects at a time while paying strict attention to detail
  • working under pressure in a fast-paced environment
  • in organization, analysis, time management, prioritization, and the ability to meet deadlines for multiple tasks

Why Join Us

We believe that the key to creating and growing a successful business is by investing in our people—some of whom have been a part of our team for over 30-years. This is at the core of who we are, what we do, and how we grow our business—as a versatile, automated manufacturer and co-packer of a wide-variety of beverages and liquid food items. In our view, a happy team means a better workforce, a better product, and more satisfied customers.

Furthermore, we encourage different perspectives and celebrate diversity in our workforce. Where every employee has the opportunity to realize his or her full potential in a working environment that is supportive of everyone. Upon request, we will gladly provide accommodations to any candidate with a disability taking part in the selection process.

NB: Successful candidates will be required to provide photo ID, banking details, a valid SIN number, and (if applicable) a valid work permit

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Ya YA Foods Corp. in Etobicoke, Ontario, Canada

Ya YA Foods Corp. in Etobicoke, Ontario, Canada

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