Strategic Sourcing Manager

4 weeks ago

Mississauga, Canada Revera Inc. Full time

**Description**

Revera owns and operates retirement residences and long term care homes in the senior living sector.

**Purpose. Passion. People.**

We are purpose driven. We are passionate. We are connected. We are truly out to live our best lives, as we come together to help others live theirs. Join our team today and build your career with us.

**Mission**:
Responsible to selects, evaluates and manages vendor partnerships. SS Manager uses these relationships, along with data analytics, to solve problems and achieve business goals that drive incremental value for the department. SS Manager also acts as an ambassador of the 7 Steps Strategic Sourcing Process implementation across assigned categories

**Key Outcomes**:

- Successfully manages the supplier selection strategy (RFI, RFP) for a specific commodity under defined timelines while ensuring quantifiable results/savings.
- Drives the categories sourcing strategies for assigned categories
- Manages and executes 7 Steps Strategic Sourcing Process from end of end from industry research and market scan, through selection process to final negotiation.
- Negotiates best cost/value and terms for the company with suppliers across Canada

**Key Responsibilities**:

- Evaluating sourcing procedures and managing improvement strategies
- Analyzing and calculating procurement costs and developing cost reduction strategies.
- Negotiating contracts with key suppliers, including costs and terms of supply, service
- Conducting and managing market research programs related to assigned categories
- Analyzing industry trends, suppliers market dynamics at regional, national level
- Understanding the commodity and identifies cost and service metrics to achieve most viable solution and strives towards TCO for long term solutions.
- Understanding the value chain and proposing potential areas of extracting value
- Leading all activities related to 7 Steps Strategic Sourcing Process
- Identifying strategic partners, building sourcing strategies, leading complex and critical negotiations and delivering improved products and lower costs to the division.
- Identify, lead and track cost savings opportunities in support of cost savings target
- Developing and executing strategic plans in conjunction with company’s long term vision
- Proficient in complex PowerPoint presentations pertaining to sourcing process
- Coordinate with clients to guarantee terms of contracts are fulfilled in compliance with the contract terms and regulations
- Owns on-going management of the contract database for her/his categories
- Challenges the status quo of current contracts management process
- Manage and oversee contracts maintenance and ensures that funds, services and goods are received on time.
- Develop, maintain and update standard contract templates and forms as needed
- Maintain and create related reports for management as needed;
- Ensure existing contracts are renewed before expiry

**Required Education, Credentials and Experience**:

- Must have a minimum of 5 years of experience in Strategic Sourcing
- Business Degree
- Previous experience in the health care/hospitality/real estate/retail industry is an asset
- Strong negotiation and influencing skills
- Strong knowledge on 7 Steps Strategic Sourcing Process
- Technical knowledge of commodities purchased and key cost drivers
- Strong communication, analytical and interpersonal skills
- Resourcefulness
- Ability to work under pressure and with a sense of urgency
- Excellent written and verbal communication skills
- Outstanding excel and powerpoint presentation capability
- Self Starter

**Revera Core Competencies**:

- ** Accountability**:Takes ownership and holds self and others accountable to deliver high quality, timely and cost effective results.
- ** Business Acumen**:Understands financial and operational aspects and implications that are essential to achieve superior business results.
- ** Coaching & Developing Talent**:Building capability of self, individuals and teams by engaging in feedback, coaching, learning and development. Building capability of self, individuals and teams by engaging in feedback, coaching, learning and development.
- ** Customer Focus**:Keeping the customer in mind to deliver the highest possible quality of care, service and choices.
- ** Execution Excellence**:Optimizes available resources and pursues implementation to consistently achieve exceptional outcomes.
- ** Innovative Thinking**:Identifies, develops and implements new and innovative
- Vaccines are a proven, safe and powerful weapon in our battle against COVID-19. Now that vaccines are widely available and recognizing that many of our staff are already vaccinated, vaccination will be a condition of employment for new hires, except when impossible due to legitimate, established exceptions. _The vaccine must be a _two-dose COVID-19 _vaccination series approved by Health Canada_._ _This is one more important step to protect both our residents and staf

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