Procurement Manager
2 weeks ago
Job Summary:
The Procurement Manager will lead the Purchasing, Planning, and Logistics departments at Flexstaf I.T. Inc. in Scarborough, responsible for managing procurement processes, developing strategies, and collaborating with internal and external stakeholders to ensure efficient and cost-effective flow of goods and services.
Key Responsibilities:
- Supply Chain Management: Collaborate with the Director of Supply Chain to oversee the execution of the overall procurement strategy, lead procurement activities, develop plans, monitor KPIs, and work with internal and external stakeholders to ensure alignment.
- Procurement Planning: Establish minimum and economic order quantities (MOQs and EOQs) for vendors based on demand, cost, and storage constraints, negotiate and manage commodity contracts to secure optimal agreements.
- Vendor Management: Regularly evaluate vendor performance and optimize buying parameters to improve service levels, reduce waste, and maintain appropriate inventory levels, implement cost-effective procurement strategies to drive long-term savings.
- Warehouse Management: Support inventory management processes, identify slow-moving materials, and mitigate risks associated with perishable items, collaborate with the warehouse team to enforce stringent controls on the receipt and inventory of materials.
- Financial Management: Negotiate payment terms, discounts, and rebates with vendors, ensure accurate reflection of total landed costs, including purchase price, freight, duties, and other associated costs in pricing models, maintain oversight of procurement-related accounts payable and receivable.
- Quality Assurance: Support the vetting and onboarding of new suppliers, ensuring compliance with internal policies and standards, assist in resolving material quality issues, whether directly purchased or customer-supplied.
- Commercial Responsibilities: Drive strategic sourcing for new materials in commercial projects, align commodity contracts with key customer contacts, ensuring consistency and transparency.
Requirements:
- Leadership Experience: Minimum of 7 years of leadership experience in procurement or supply chain management.
- Education: Bachelor's degree in management, supply chain, or engineering (higher education is a plus).
- Skills: Strong organizational, time management, and decision-making abilities, excellent communication, negotiation, and interpersonal skills, proficiency in SAP, WMS, and Microsoft Office suite.
- Team Management: Ability to manage a team effectively in a fast-paced, 24/7 operational environment.
- Industry Experience: Experience in the co-manufacturing and food industry is a significant asset.
Competencies:
- Negotiation: Skilled in navigating complex negotiations to achieve optimal outcomes while maintaining strong stakeholder relationships.
- Time Management: Efficiently prioritizes tasks and manages time to maximize productivity.
- Process Management: Adept at streamlining workflows and identifying opportunities for improvement and synergy.
- Action-Oriented: Proactively tackles challenges and seizes opportunities with enthusiasm and minimal hesitation.
- Business Acumen: In-depth understanding of industry trends, competitor strategies, and market dynamics.
- Self-Management: Adhere to Health, Safety, and Environmental policies, foster a positive team environment through proactive collaboration, exhibit resilience, optimism, and adaptability in a fast-paced and ever-changing environment, demonstrate self-motivation and the ability to thrive under pressure.
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