Senior Manager, Strategic Procurement

2 weeks ago

Markham, Canada Murata Power Solutions, Inc. Full time

Murata Power Solutions is a leading provider of power conversion products that are sustainable and efficient. We are focused in two transformative technology, macro market segments; Server, Storage, Networking (SSN) and E-Mobility, including electric vehicles, robotics and energy storage. Ranked amongst the world’s top 5 suppliers of breakthrough power electronics, we design and manufacture the industry’s broadest offering of standard products and are a market leading designer of custom power solutions.

Well known for the quality of its products and workforce, we can provide you the opportunity to work with talented people and a management team focused on growth and the ongoing development of leading-edge technologies for many of the world’s major OEM’s.Position Summary

As the Senior Manager, Strategic Procurement, you will play a critical role in leading our procurement function and developing strategic sourcing initiatives. You will be responsible for managing a team of commodity professionals, overseeing the procurement process for key categories of goods and services, and identifying and implementing cost-saving opportunities, quality improvements and lead time reductions. This position requires a strong understanding of procurement best practices, negotiation skills, and the ability to build and maintain strong relationships with internal and external stakeholders.

Job Duties/Responsibilities
  • Develop and implement strategic sourcing plans for assigned categories of goods and services.
  • Lead the development and execution of RFPs, RFQs, and other commercial documents.
  • Negotiate and manage contracts with suppliers to ensure best value and optimal terms.
  • Oversee the procurement process from requisition to contract management and payment.
  • Lead a team of procurement professionals, providing coaching, mentoring, and performance management.
  • Analyze commodity spend data and identify cost-saving opportunities. Employ “should cost” and product cost modeling. 
  • Develop and implement key performance indicators (KPIs) to track procurement performance.
  • Leader on industry trends and best practices in procurement.
  • Build and maintain strong relationships with internal stakeholders (e.g., engineering, operations, finance) and external suppliers.
  • Manage procurement budget and ensure adherence to company policies and procedures.
  • Implement procedures to verify supplier certifications and/or adherence to relevant regulations.
  • Analyze potential risks throughout the supply chain, including performance, compliance, business practices, geography, etc. Define appropriate mitigation plans.
  • Work with NPI Teams and contract manufacturers to obtain the lowest possible FG buy price
     
Job Duties/Responsibilities Cont.EducationExperience Required
  • Bachelor’s degree in Business Administration, Supply Chain Management, or a related field (MBA preferred).
  • Minimum 7-10 years of experience in a procurement role, with a proven track record of success in strategic sourcing.
  • Strong understanding of procurement best practices, including sourcing strategies, contract negotiation, and risk management.
  • Excellent negotiation and communication skills.
  • Proven ability to manage and lead a team.
  • Experience with procurement software and data analysis tools is a plus.
  • Strong analytical and problem-solving skills.
  • Ability to work independently and as part of a team.
  • Must be a highly motivated and results-oriented individual.
     
Physical RequirementsWork Environment

Mostly in the indoor office setting.

TravelCompetenciesBudgets/Cost ControlGlobal PerspectiveJob KnowledgeAdaptability/FlexibilityDecision Making/JudgmentCreativity/InnovationInitiativeIntegrity/EthicsProblem Solving/AnalysisLeadershipManaging DiversityCommunicationTeamworkCompensation Data

Compensation and Benefits:

Our benefit package is comprehensive and includes Medical Insurance; Dental Insurance; Vision Insurance; 401(K); Flexible Spending Accounts; Paid Vacation/Holidays; Short Term Disability; Long Term Disability; Tuition Reimbursement.

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