Procurement Category Specialist

1 week ago

Vaughan, Canada Plan Group, Inc. Full time

The Procurement Category Specialist plays a key role in supporting strategic sourcing, supplier management, and cost optimization for electrical construction projects. This role is ideal for a detail-oriented professional with strong analytical capabilities and a deep understanding of procurement processes in the construction industry. Key Responsibilities Category Management & Sourcing Support the development and execution of category strategies for electrical materials and equipment. Conduct market research and supplier benchmarking to identify sourcing opportunities. Assist in RFx processes, bid evaluations, and supplier selection. Data Analysis & Reporting Conduct detailed spend analysis across various categories to identify trends, inefficiencies, and cost-reduction opportunities. Develop and maintain key performance indicators (KPIs) for the procurement function, including savings, supplier performance, material metrics and compliance. Research and monitor market trends, pricing fluctuations, and supplier landscapes to inform procurement strategy. Monitor and evaluate supplier performance, ensuring adherence to contractual agreements and quality standards. Create and maintain dashboards and reports using Excel, Power BI, or similar tools. Perform cost analysis and support budgeting and forecasting activities. Contract Management Maintain supplier records, contracts, and performance scorecards. Support contract negotiations and ensure compliance with terms and conditions. Monitor supplier delivery, quality, and responsiveness. Process Improvement & Compliance Identify and recommend improvements to procurement processes, policies, and procedures to enhance efficiency and effectiveness. Ensure procurement operations are compliant with internal governance structures, budgetary controls, and external regulatory mandates. Leverage ERP and e-procurement platforms for data extraction, process automation, and performance monitoring. Maintain accurate records of procurement transactions, including purchase orders, invoices, and contract documentation, ensuring traceability and audit readiness. Qualifications Bachelor's degree in Supply Chain Management, Business Administration, Finance, Economics, or a related field. 2+ years of experience in a procurement, purchasing, or supply chain analysis role. Proven experience in spend analysis, financial modeling, and data interpretation. Advanced proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUPs, financial functions). Strong analytical, problem-solving, and critical thinking skills. Excellent written and verbal communication skills with the ability to present complex data clearly. #J-18808-Ljbffr

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