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Procurement Manager
2 months ago
About the Opportunity:
As a key member of the Fastfrate Group, the Procurement Manager will play a critical role in developing and implementing comprehensive procurement and material management strategies across the organization. Reporting to the Chief Financial Officer, this individual will be responsible for overseeing the procurement process, ensuring that it aligns with the company's cost reduction objectives and supports the achievement of its business goals.
Key Responsibilities:
- Develop and implement procurement strategies that meet the group's requirements and align with cost reduction objectives.
- Manage the procurement process, including requests for proposals/quotations, evaluations, negotiations, and award of purchase orders and agreements.
- Establish and maintain relationships with suppliers, vendors, and contractors to optimize procurement requirements.
- Oversee vendor management, including documentation, pricing, and managing vendor-specific issues.
- Negotiate contracts and pricing with key suppliers, vendors, and contractors.
- Review existing contracts to ensure ongoing feasibility and alignment with the group's cost objectives.
- Initiate continuous improvement activities to ensure the effectiveness of purchasing efforts.
- Identify productivity improvement opportunities and facilitate cost savings, improved processes, and enhanced services.
- Provide guidance to teams on sourcing and purchasing processes.
Requirements:
- 5+ years of experience in procurement management.
- Preference will be given to individuals with experience in a large distribution company.
- Diploma/Certification with a post-secondary institution with a focus on finance, business, or accounting.
- SCMP Designation (Supply Chain Management Professional) considered an asset.
- Strong analytical, problem-solving, and organizational skills, with a result-driven mindset.
- Excellent written and verbal communication skills.
- Ability to build strong relationships with internal and external stakeholders and colleagues.
- Willingness to lead by example and dig into details when necessary.
- Team-oriented individual who is willing to assist with tasks outside their area of responsibility.
- Proficiency with Microsoft Office (Excel, Word, PowerPoint, etc.).
- Ability to work under pressure and meet tight deadlines.
