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Head of Strategic Sourcing

1 month ago

Toronto, Canada Montu Full time

**Company Description**
Montu is Australia’s largest medical cannabis company. With operations in Australia and Europe, we take a technology-first approach to improving the medical cannabis patient experience - whether it’s by delivering best-in-class online clinical care, or through our industry-leading product lines and innovative supply chain management tools.

Montu operates a fully integrated, end-to-end ecosystem of healthcare companies that touches every part of the medical cannabis experience, from patient care through to pharmacy dispensing, clinical education, product development, wholesale distribution and more.

Recognised by the Deloitte Fast 50 as the fastest growing tech company in Australia for two years running - with revenue growth of over 26,000% and 9,000% - Montu is now the largest business of its kind outside North America.

The Head of Strategic Sourcing will implement a strategic approach to sourcing, focused on factors such as long-term cost savings, risk management, supply resilience, and supplier innovation. You will lead efforts to continually enhance our sourcing strategy, ensuring it remains aligned with our organisational goals and the evolving market landscape. This role is pivotal in transitioning our sourcing approach to a forward-thinking model, optimising resources and enhancing supplier partnerships to foster a competitive advantage.

**Key Responsibilities**
- ** Strategic Sourcing Development and Execution**:Design and lead a comprehensive strategic sourcing plan that elevates purchasing activities to a proactive, value-creating function. Align sourcing strategies with corporate objectives for cost control, supplier quality, service excellence, and innovation, ensuring our procurement decisions support long-term growth.
- ** Advanced Supplier Relationship Management**:Establish and cultivate strategic relationships with key suppliers, focusing on mutual long-term value. Foster supplier innovation by collaborating closely on process improvements, quality enhancements, and innovation pipelines, ensuring supplier alignment with organisational goals.
- ** Contract Negotiation and Value Optimisation**:Oversee all phases of contract negotiation with a focus on maximising total value rather than simple cost savings. Structure agreements to lock in long-term cost advantages, mitigate price volatility, and enhance supplier performance. Develop flexible terms that support ongoing strategic objectives and evolving business needs.
- ** Spend Analytics and Continuous Improvement**:Leverage spend analysis and market data to identify cost-saving opportunities, enhance procurement efficiencies, and improve sourcing performance. Establish metrics and continuous improvement initiatives that focus on reducing total cost of ownership, streamlining procurement processes, and maintaining a robust supply chain.
- ** Risk Management and Regulatory Compliance**:Build a proactive risk management framework that considers supplier financial stability, geopolitical factors, and regulatory compliance. Develop strategies to manage and mitigate risk across the supply chain, with an emphasis on supplier diversification and sustainability goals.
- ** Cross-functional Collaboration**:Collaborate with finance, operations, legal, and other departments to integrate strategic sourcing efforts into overall business objectives. Drive alignment and consensus across teams to promote a unified approach to sourcing that maximises cross-departmental impact and operational efficiencies.
- ** People Leadership**:

- Build and lead a high-performing team by providing clear leadership, direction and support to employees, ensuring they have a clear understanding of their roles and responsibilities.
- Promote the empowerment and growth of staff by providing mentorship, coaching, and professional development opportunities to team members.
- Delegate responsibilities effectively and manage team performance to achieve individual and departmental goals.
- Ensure compliance with company policies and processes, taking timely and fair action in instances of unsatisfactory performance or conduct.
- Support and promote a working environment and services that are inclusive, accessible and celebrate diversity.
- Set team OKRs and KPIs in relation to patient/customer satisfaction, NPS, and monitor metrics to identify areas for improvement and optimisation.

**Qualifications**
- Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or a related field; advanced degree preferred.
- 10+ years of experience in strategic sourcing, procurement, or supply chain management, with a proven track record of cost savings and supplier relationship management.
- Expertise in contract management, supplier development, and risk assessment.
- Strong analytical, negotiation, and leadership skills with experience in data-driven sourcing strategies.
- Knowledge of supply chain management, procurement technologies, and sou