Strategic Sourcing Manager

4 weeks ago


Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

About the Role

We are seeking a highly skilled Strategic Sourcing Manager to join our team at The Toronto-Dominion Bank (Canada). As a key member of our Strategic Sourcing Group, you will play a critical role in creating sustainable competitive advantage for our organization by leveraging third-party spend and supplier expertise.

Key Responsibilities

  • Act as liaison with business executives and provide sourcing expertise and recommendations to optimize sourcing strategies and enable business objectives.
  • Develop and implement sourcing strategies aligned with business goals, working closely with suppliers to improve quality, costs, and delivery performance.
  • Manage category and strategic sourcing strategies and initiatives, identifying and mitigating risks related to sourcing and supply chain disruptions.
  • Lead supplier negotiations to maximize total cost of ownership in a given category and work with business partners.
  • Present research findings and make recommendations to management that support category and business partner strategies.

Requirements

  • Post-secondary education and 7+ years of related experience in strategic sourcing, procurement, or supply chain management.
  • Advance negotiation skills, proficient in negotiating complex contracts and terms for IT solutions.
  • Strategic sourcing experience, developing and implementing sourcing strategies aligned with business goals.
  • Supplier development experience, working closely with suppliers to improve quality, costs, and delivery performance.
  • Risk management experience, identifying and mitigating risks related to sourcing and supply chain disruptions.

About Us

The Toronto-Dominion Bank (Canada) is one of the world's leading global financial institutions, delivering legendary customer experiences to over 27 million households and businesses in Canada, the United States, and around the world. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities, and colleagues.



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