Procurement Strategist

3 weeks ago


Stoney Creek, Ontario, Canada Fero International Inc. Full time

Fero International Inc. is a leading company in the manufacturing industry, and we are seeking a highly skilled Procurement Strategist to join our team.

Job Description:

The successful candidate will be responsible for overseeing the purchasing process, ensuring that our operations have the necessary building materials to produce effective builds – on-budget, and on-schedule. Key accountabilities include leading and managing the Purchasing team, developing and maintaining strong strategic relationships with vendors and suppliers, negotiating with suppliers and vendors to acquire cost-effective pricing, managing supplier performance and delivery indicators, and collaborating with suppliers on product information sessions.

Key Responsibilities:

  • Develop and implement procurement strategies to achieve cost savings and improve efficiency
  • Build and maintain relationships with key suppliers and vendors
  • Negotiate contracts and agreements to secure favorable terms
  • Monitor and analyze market trends to identify opportunities for cost reduction
  • Provide guidance and support to the Purchasing team to ensure they have the skills and knowledge required to perform their roles effectively

Requirements:

  • Post-secondary qualification in business, supply chain management, engineering, or a related field
  • 7+ years of progressive purchasing experience in manufacturing or construction industry, overseeing purchasing for complex projects valued over $1M
  • 3+ years' experience leading teams
  • Strong negotiation and influencing skills with proven ability to develop and execute procurement strategy
  • Proven ability to build and lead a fast-paced and highly functioning team committed to performance and accountability
  • Strong industry knowledge of materials management and lean manufacturing best practices
  • Strong interpersonal and written/verbal communication skills
  • Ability to grasp and understand complex business processes from a high-level while being able to validate the processes at the detail level
  • Advanced knowledge of forecasting and budgeting processes
  • Experience in analyzing metrics and data-driven decision making

What We Offer:

  • A competitive salary of $120,000 per year
  • A comprehensive benefits package including medical, dental, and vision insurance
  • A 401(k) retirement plan with employer matching
  • Tuition reimbursement program
  • Professional development opportunities

How to Apply:

If you are a motivated and experienced professional looking for a challenging role, please submit your resume and cover letter for consideration.



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