Procurement Strategist
3 weeks ago
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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