Strategic Sourcing Manager

4 weeks ago

Mississauga, Ontario, Canada Backstage Full time

About the Role:

We are seeking a highly skilled Strategic Sourcing Manager to join our team at Backstage. As a key member of our procurement team, you will be responsible for developing national sourcing strategies to deliver against business objectives for internal clients.

Key Responsibilities:

  • Manage the following spend categories: Professional/Corporate Services such as Travel & Entertainment, Consulting, Financial Services, HR, Merchandising, Insurance; and beyond as needed
  • Evaluate supplier core competencies and competitive positioning using industry cost models and benchmarking analysis; leveraging key-insights to inform and support the category strategy development process
  • Manage the fundamentals of sourcing and supplier engagement activities including RFx, spend pattern analysis, contract analysis, bid evaluation, negotiations, and supplier consolidation
  • Prepare and hold business reviews with stakeholders to review vendor performance, future opportunities, and/or challenges
  • Lead supplier engagement requests from business units, understanding their business needs, strategies and objectives in order to align our deliverables to meet Backstage procurement policy and processes
  • Manage multiple deals simultaneously, often to tight deadlines, while maintaining compliance and reporting requirements
  • Drive value in supply chain/total cost of ownership sourcing initiatives through early engagement, commercial acumen, market knowledge, and contract negotiation. Activities also include supplier engagement, contract negotiation, solution/supplier evaluations (including due diligence) and supplier selection activities
  • Awareness and management of initiative-based business unit spend as it relates to third party engagements, in order to create P&L and cost avoidance recognized by the business and organization
  • Develop trust-based relationships with department stakeholders by leveraging third party spend and the expertise of our key suppliers to meet our needs, reduce total cost, and mitigate supply-related risks
  • Work with engagement-based key partners to provide Sr. Management and Sourcing Executives with contract overview, identifying commercial terms, risks, mitigations and spend policy approvals for review, feedback and approvals prior to completion of agreement

Requirements:

  • Minimum of 5+ years of relevant strategic sourcing experience; indirect procurement function
  • 5+ years of experience practicing best-in-class procurement processes (category management, benchmarking, should-cost models, RFX, reverse auction, contracting,
  • Demonstrate a minimum of 3+ years of experience in sourcing large categories of spend, such as Tax, Professional Services, Corporate Services, Financial Services, Consulting, HR, Insurance, as well as other major categories of spend
  • Knowledge and understanding of Strategic Sourcing practices and standards is an asset
  • Commercial acumen and business judgment
  • Drive and determination to flawlessly execute and deliver
  • Strong written/verbal communication, negotiation, and presentation skills

What We Offer:

  • Competitive Benefits Package, tailored to meet your needs, including health and dental coverage, life, short- and long-term disability insurance.
  • Access to Virtual Health Care Platform and Employee and Family Assistance Program.
  • A Retirement and Savings Plan that provides you with the opportunity to build and add value to your savings.
  • A 10% in-store discount at our participating banners and access to a wide range of other discount programs, making your purchases more affordable.
  • Learning and Development Resources to fuel your professional growth.
  • Parental leave top-up
  • Paid Vacation and Days-off

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