Procurement Manager

2 weeks ago

Mississauga, Canada Domino Highvoltage Supply Inc. Full time

Job Summary:
We are seeking a highly skilled and motivated Procurement Manager to join our team. As a Procurement Manager, this role will be responsible for overseeing the purchasing department's operations and ensuring the efficient procurement of goods and services essential for our business operations. They will play a critical role in optimizing our procurement processes, managing supplier relationships, and maintaining inventory levels while adhering to budgetary constraints and quality standards. This is a global role.

**Core Competencies**
- Communication
- Negotiation Skills
- Energy & Stress Management
- Strategic Thinking
- Supplier Relationship Management
- Financial Acumen
- Adaptability
- Leadership
- Teamwork
- Attention to Detail

**Job Duties**
- Develop and implement procurement strategies aligned with organizational objectives. Analyze market trends, evaluate suppliers, and identify cost-saving opportunities.
- Build and maintain strong relationships with suppliers. Negotiate contracts, terms, and pricing agreements. Evaluate supplier performance and resolve any issues or disputes.
- Streamline procurement processes to improve efficiency and reduce costs. Implement best practices, standard operating procedures, and automation tools where applicable.
- Monitor inventory levels and ensure adequate stock levels to meet operational needs. Collaborate with other departments to forecast demand and plan procurement accordingly.
- Develop procurement budgets and ensure adherence to financial constraints. Monitor expenditures, identify variances, and implement corrective actions as needed.
- Ensure procurement activities comply with regulatory requirements and company policies. Mitigate procurement-related risks and implement measures to enhance compliance and transparency.
- Lead and mentor the procurement team, providing guidance, support, and training as needed. Foster a collaborative and high-performance work environment.
- Other duties as assigned and required.

**Requirements**:

- Proven experience in administration or supply chain management.
- Proven experience in procurement management, preferably in a supervisory or managerial role.
- In-depth knowledge of procurement principles, practices, and techniques.
- Strong negotiation skills and the ability to drive favourable outcomes in supplier negotiations.
- Excellent analytical and problem-solving abilities.
- Proficiency in procurement software and CRM systems.
- Effective communication and interpersonal skills.
- Ability to prioritize tasks, meet deadlines, and work under pressure.
- Demonstrated leadership and team-building skills.

**Job Types**: Full-time, Permanent

Pay: $70,000.00 per year

**Benefits**:

- Casual dress
- Company events
- Dental care
- Disability insurance
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match

Schedule:

- Monday to Friday

**Education**:

- Secondary School (preferred)

**Experience**:

- purchasing: 4 years (preferred)

Work Location: In person

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