Procurement Manager
2 weeks ago
**Procurement Manager**
**Company Summary**:
Cad Rail Industries Ltd was founded in 1968 and headquartered in Montreal. We take pride on being North America’s leader of full-service solutions in the freight, passenger and commuter rail industries in Canada, the United States and offshore. Cad Rail has other facilities in Calgary, Lethbridge (under Caltrax banner) and has recently been selected by the ONxpress Transportation Partners association to provide all legacy fleet maintenance services for the Metrolinx rail fleet of approximately 1000 bi-level coaches and 90 locomotives. Cad rail’s delivery team will operate and maintain Metrolinx’s rail maintenance facilities in Etobicoke and Whitby, as well as in multiple overnight along with mid-day light servicing facilities located across the Metrolinx train service area.
**Summary of the role**:
The Procurement Manager will be responsible for leading and taking the onus on all aspects of activities related to the procurement for Metrolinx’s Legacy Fleet Maintenance operations.
Reporting to the VP of Supply Chain will be accountable for leading our procurement team. Smoothing out the purchasing process from selecting suppliers, ensuring stock optimization and providing guidance on sourcing and procurement processes to ensure the process is seamless.
The Procurement Manager will be an expert in regard to supply chain and logistics, specializing in implementing cost-effective purchases of all goods and services, as required by CAD Railway. In additional, ensuring quality control and adherence to the company’s policies and procedures on supply chain management will be some of your main priorities in this role.
**Core Accountabilities**:
- Developing procurement strategies that are inventive and cost-effective.
- Sourcing and engaging reliable suppliers and vendors.
- Negotiating with suppliers and vendors to secure advantageous terms.
- Reviewing existing contracts with suppliers and vendors to ensure ongoing feasibility.
- Building and maintaining long-term relationships with vendors and suppliers.
- Approving purchase orders and organizing and confirming delivery of goods and services.
- Performing risk assessments on potential contracts and agreements.
- Controlling the procurement budget and promoting a culture of long-term savings on procurement costs.
- Overseeing and managing the IT systems that track shipments, inventory, and the supply of goods.
- Preparing procurement reports
- Benchmark purchase-related procedures and figures, create best-case solutions and measures that will generate continuous improvement
- Derive targets and objectives based on market situations to help measure, and control results
- Consider applicable laws and regulations to ensure the procurement process is subsequent to guarantee an economically successful and efficient operation
- Assess risks and market conditions with the intention of proactive actions in place for the business, to prevent damage or complications
- Manages all purchase orders and creates adjustments if necessary
- Ensure continuity of raw material supply which supports production schedules and balances and certify achieved inventory targets
- Scrutinize inventory levels to manage excess or obsolete material
- Observe prompt supplier deliveries, inventory turns, system execution, PPV, lead-time reduction, supplier performance and cost analysis
- May perhaps negotiate foremost contracts encompassing larger amounts of money
**Qualifications**:
- Railway transit or passenger transportation industry experience is required
- Bachelor’s degree in supply chain management, logistics, or business administration
- Proven experience managing supply chain operations
- Experience using supply chain management software and tools, including Oracle, SAP Ariba, and/or Envision
- In-depth knowledge of preparing and reviewing contracts, invoicing, and negotiation terms.
- Proficient in Microsoft Office Suite (Word, Excel, Outlook, and Access).
- Strong management and leadership skills
- Multi-tasking and time-management skills, with the ability to prioritize tasks
- Highly organized and detail-oriented
- Excellent analytical and problem-solving skills
- Knowledge of sourcing and procurement techniques
- Talent in negotiations and networking
- Good knowledge of supplier or third-party management software
- Aptitude in decision-making and working with numbers
- Experience in collecting and analyzing data
**Nice to have**:
- Experience working in an unionized environment
- Familiarity with related industries such as Aerospace
Cad Rail Industries Ltd. provides an equal opportunity as an employer and we are dedicated to continuing to preserve a welcoming, safe and inclusive environment for every individual
- no matter age, race, ethnicity, nationality, sexual orientation, gender identity and expression, religion and disability status.
**Job Types**: Full-time, Permanent
**Salary**: From $110,000.00 per year
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