Director, Vendor Management

2 days ago


Toronto, Canada People Corporation Full time

People Corporation is embarking on an exciting program to capture cost savings opportunities identified within its broad base of vendors. The Director, Vendor Management will play a critical role in establishing and advancing a new VMO (Vendor Management Office) function across the organization. Initially reporting to the CFO, the Director will set the strategic vision for the VMO and lead the development and execution of sourcing, procurement, and vendor governance practices around these and new cost reduction opportunities.

**The Director, Vendor Management Office (VMO) will**:

- Define and lead the strategic direction of the VMO, aligning with the enterprise goals and initiatives.
- Lead the development and execution of already identified and future sourcing, category management, and vendor relationship strategies that drive efficiency, innovation, and cost optimization.
- Manage the source-to-contract process for selected categories, with the aim of gradually expanding centralized spend management.
- Establish governance structures, sourcing policies, and standardized RFx and contract templates in partnership with Legal and Compliance.
- Partner with business units to identify sourcing opportunities, manage vendor risk, and promote vendor accountability through performance metrics and SLAs.
- Develop and report on KPIs for vendor performance, cost savings, and vendor consolidation targets.
- Contribute to team initiatives and forums by sharing input, expertise, and feedback.
- Stay abreast of market trends, regulatory changes, and innovations in supplier management to continuously improve procurement and vendor operations.

**To be successful as a Director, Vendor Management at People Corporation, you will need**:
Qualifications & Experience:

- 10+ years of progressive experience in procurement, sourcing, vendor management, or supply chain management.
- Experience centralizing fragmented / dispersed spend across multiple categories, including technology and travel.
- Bachelor’s degree in business administration, Commerce, Finance, or a related field is required.
- Professional designations such as **SCMP** (Supply Chain Management Professional) or **PMP** (Project Management Professional) are assets.
- Bilingualism in English and French is considered a strong asset.

Skills & Competencies:

- ** Strategic Leadership**: Ability to align sourcing and vendor strategies with business objectives to deliver measurable value
- ** Independent Self-Starter**:All-around athlete able to drive execution without handholding.
- ** Communication and Influencing**: Exceptional verbal and written skills; able to influence and build consensus across stakeholders
- ** Planning & Execution**: Strong organizational and prioritization skills with the ability to manage multiple and complex initiatives
- ** Results-Orientation**: Demonstrated success in achieving cost savings, service improvements, and other procurement outcomes
- ** Decision-Making**: Sound judgment in complex and ambiguous situations
- ** Change Agility**: Resilient and adaptable, with a proven ability to navigate and drive organizational change

**Key Performance Indicators (KPIs)**:

- Increased cost savings through effective contract management.
- Improved vendor performance and service delivery.
- Enhanced strategic vendor relationships and collaboration.
- Reduced vendor base and complexity for greater efficiency.
- Compliance with procurement policies and risk mitigation measures.

**What’s in it for you**:

- Learn by working alongside our experts
- Extended health care and dental benefits
- A retirement savings plan with company contributions
- A suite of Health & Wellness offerings
- Mental Health programs and support for you and your family
- Assistance for the completion of industry designations
- Competitive compensation

At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.



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