Procurement & Sourcing Analyst
3 weeks ago
**About Bourgault Industries**:
Bourgault Industries is a **leading global manufacturer of technologically advanced seeding & tillage equipment,** with R&D and manufacturing located in Saskatchewan. Our mission is to design, manufacture and distribute the highest quality, most durable, and reliable farm equipment in the world, that meets and exceeds the expectations of our valued customers.
We are looking for a skilled and analytical **Procurement & Sourcing Analyst** to join our team at our head office in St. Brieux, SK
We are committed to the continuous development of our team members and innovation in developing our products. We recognize that our employees are the backbone of what we do and the important role they play in contributing to our success
To learn more about our company, please visit our website or check out this video
**About the Opportunity**:
As the **Procurement & Sourcing Analyst**, you will **analyze business requirements to develop and execute strategic sourcing initiatives**, focusing on supplier selection, relationship management, contract negotiations, and quantitative analysis. Your role will drive sourcing strategy optimization, enhance procurement efficiency, and reduce costs through data-driven decisions.
Your responsibilities will include:
- **Quantitative Analysis & Optimization**:Conduct in-depth quantitative analysis to determine optimal purchasing parameters, including reorder points, order quantities, and inventory reduction opportunities to support Bourgault’s purchasing team.
- **Sourcing & Supply Chain Reporting**:Assist management in generating comprehensive reports on sourcing and supply chain activities, including budget analysis, to facilitate informed decision-making.
- **Spend Analysis & Improvement**:Analyze spend patterns, current spend data, forecasts, future production plans, and strategic initiatives to identify and implement cost, lead time, and quality improvements.
- **Economic Impact Reporting**:Monitor and report on economic variables affecting spending and forecasts, providing actionable insights to help guide procurement strategies.
- **Data & Planning Integrity**:Develop and maintain tools to ensure the integrity of data and planning within Bourgault’s MRP system.
- **Continuous Process Improvement & Optimization**:Collaborate with the purchasing team to identify opportunities for process automation, optimization, and continuous improvement in supply chain operations (enhance quality, shorten delivery times and reduce costs).
- **Collaboration with Engineering**:Work closely with Bourgault’s engineering departments to identify and evaluate current and future purchasing requirements, ensuring alignment with R&D and production needs.
- **Cost Reduction & Sourcing Initiatives**:Lead proactive efforts to identify and implement quality improvements, cost reductions, and new sourcing opportunities through the creation and use of should-cost models, Cost Attack Team initiatives, supplier qualification processes, and strong supplier relationship management.
- **Supplier Negotiation & Contract Management**:Negotiate pricing, draft contracts, and maintain strong relationships with suppliers to secure favorable terms and ensure consistency in quality and delivery.
- **Supplier Site Visits**:Travel to existing and potential supplier locations to assess manufacturing capabilities, limitations, and opportunities.
**About You**:
To succeed in this role, you will require the following qualifications:
- **Experience**: Minimum of 5 years of relevant experience in supply chain, procurement, or related fields.
- **Technical Expertise**: Highly proficient in Microsoft Power BI and Excel (including advanced formulas and macro programming).
- **Analytical Skills**: Strong analytical abilities with a proven track record of data-driven decision-making.
- **Manufacturing & Logistics Knowledge**: In-depth understanding of manufacturing processes, business practices, and logistics.
- **Communication**: Excellent communication skills, with the ability to simplify and explain complex concepts to non-technical audiences and gain buy-in.
- **Collaboration & Influence**: Proven ability to collaborate effectively, influence stakeholders, and build strong professional relationships across teams.
- **Certifications**: SCMP (Supply Chain Management Professional) designation is considered an asset.
**About the Benefits**:
As a valued member of our team, you can look forward to a **competitive salary plus great benefits**, including:
- Performance-based pay increases
- Extended health and dental benefits
- Company-wide Profit-Sharing Plan
- Flexible Health Spending Account
- Life insurance, short-term & long-term disability insurance
- Group Registered Retirement Savings Plan (RRSP) with company-matching contributions
- On-site fitness center for employees and family members
- Personal & Professional Development
- Comprehensive Health & Safety Program
- Regular staff BBQs, ho
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