Procurement Specialist
6 days ago
At Sun Life Financial, we are seeking a highly skilled Procurement Specialist to join our team. As a key member of our procurement team, you will be responsible for supporting the research, analysis, and implementation of new supplier relationships, as well as developing tools, processes, and reporting related to Supplier Relationship Management (SRM).
Key Responsibilities:
- Support the onboarding of new suppliers and services, from initial engagement to full launch, and communicate status on an ongoing basis.
- Conduct research on industry and supplier benchmarks, collect market intelligence, and provide competitive analysis to support decision-making.
- Participate in departmental, intra-divisional, and company-wide projects, including new outsourcing initiatives, supplier integrations, and the implementation of internal technologies, tools, processes, and practices.
- Support the SRM program for Canada, ensuring systems and processes are in place for managing supplier risk, performance, issues, and data.
- Capture the Voice of the Supplier and Business Partners in surveys and discussions and integrate feedback into recommendations.
- Document and continuously improve procedures and policies, reporting tools, presentations, and templates. Coordinate business process improvements with internal stakeholders.
- Be familiar with contract terms, payment structures, and reimbursements.
- Coordinate and summarize competitive analysis, spend analysis, KPIs, and operating reports, and consult on issues impacting the efficiency and effectiveness of supplier relationship management and cross-functional processes, ensuring standard practices are being followed and collaborating on supplier relationship management best practices.
Requirements:
- Industry knowledge of best practices for Sourcing, Contracting, and Supplier Relationship Management.
- Accounting/Business/financial/reporting and data analysis experience.
- Strong research, analytical, and problem-solving skills.
- Organizational and time management skills to handle diversity of the job.
- Ability to work in a high-profile, fast-paced, and changing work environment and solve moderately complex problems.
- Familiarity with supplier selection and performance and risk management practices.
- Excellent communication skills (verbal and written) as well as strong objective reasoning skills, ability to support and explain reasons for decisions and recommendations.
- Strong MS Office and Excel skills.
- Experience with projects and business analysis and experience with identifying and analyzing Key Performance Indicators.
Why Join Us:
- Be part of a diverse and inclusive team that values collaboration and innovation.
- Enjoy a comprehensive benefits package, including flexible benefits and a competitive salary range.
- Take advantage of ongoing training and development opportunities to enhance your skills and career.
- Contribute to a company that is committed to making a positive impact on the lives of individuals, families, and communities around the world.
Salary Range: $54,000 - $91,000
Job Category: Procurement
Posting End Date: October 19, 2024
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