Strategic Sourcing Specialist

Reporting to the Manager of Strategic Sourcing, the Strategic Sourcing Specialist position is responsible for supporting enterprise-wide sourcing, contracting and negotiating activities related to Technology and Marketing, including Media and Events.

Responsibilities

• Lead sourcing and contracting for Technology and Marketing related purchases including software (SaaS/Cloud), hardware, telecommunications, managed services, infrastructure, cybersecurity solutions, consulting services, marketing, media, advertising, sponsorships, events, print services, creative agencies, market research, promotional materials, venues, catering, audiovisual, and event production.
• Lead the sourcing and contracting process for medium to high complexity tasks, including supplier investigation, development of sourcing strategies, bid solicitation/RFx, supplier evaluation, negotiation of pricing, commercial terms and conditions, and completion of procurement-related documentation.
• Facilitate the contracting process with internal and external legal counsel following applicable compliance and governance review processes, including Security, Privacy, Information Governance, Tax, Risk, and bank compliance.
• Work collaboratively with all business areas and the Technology organization to contract solutions and services that meet business priorities.
• Maintain ownership of specific supplier or business client portfolios.
• Negotiate pricing, rebates, service levels, deliverables, licensing requirements, commercial terms and contract structures to maximize value and mitigate risk.
• Manage governing agreements, transaction documents, and related commercial documents.
• Monitor supplier compliance with contractual obligations and enterprise policies; support supplier business reviews and manage escalations.
• Analyze spend data and supplier portfolios to identify category opportunities, cost reduction initiatives, supplier rationalization, and process improvements.
• Provide subject matter expertise and support training of new hires in Procurement.

Requirements

• University degree, College/Technical Institute diploma, or equivalent work experience in Business, Supply Chain, Procurement, Marketing, Technology or a related field.
• Minimum three (3) years of experience in a Technology and/or Marketing, Procurement, Strategic Sourcing or Category Management role.
• SCMP/NISCL/MCIPS or equivalent professional designation is considered an asset.
• In-depth knowledge of procurement processes including strategic sourcing, RFx development and execution, supplier negotiations, contract review, commercial analysis and stakeholder management.
• Experience supporting Technology procurement categories including software, SaaS/cloud, hardware, managed services, infrastructure, cybersecurity solutions, telecommunications and technology consulting services.
• Experience supporting Marketing procurement categories including media buying, creative and production agencies, sponsorships, event management, market research, print services, and promotional materials.
• Strong leadership skills, accountability, and demonstrated ability to construct procurement strategies and solve problems.
• Collaborative team player with superior influencing, communication, presentation and negotiation skills.

University degree or college diploma in Business, Supply Chain, Procurement, Marketing, Technology or related field. Minimum 3 years of experience in Technology and/or Marketing procurement, strategic sourcing or category management. SCMP/NISCL/MCIPS designation is an asset.