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  • Job type

    Contract
  • Location

    Waterloo
  • Profession

    Procurement And Supply Chain
  • Industry

    Technology & Internet Services
  • Pay

    $40-44/hour
  • Closing date

    7 Jun 2024

Senior Sourcing Specialist - 12 Month Contract - Richmond Hill/Waterloo/ Hybrid

Your new company

Hays Specialist Recruitment has partnered with a leading computer software company based in Waterloo and Richmond Hill. We are currently hiring a Senior Sourcing Specialist to join their team on a 12 Month Contract basis. This candidate will have the option to work either at their Richmond Hill or Waterloo location on a hybrid working model (3 days in office).

Your new role

  • Continuously monitor and analyze global spend data, identify cost-saving opportunities, and implement measures to reduce expenses while maintaining service levels.
  • Identify & execute on opportunities for vendor consolidation.
  • Develop and implement sourcing strategies for indirect spend categories to optimize supplier relationships, drive cost savings, and improve operational efficiency.
  • Conduct supplier evaluations, analyze supplier capabilities, negotiate contracts, and select suppliers based on cost, quality, delivery, and service requirements.
  • Applying knowledge of commercial contract law and organizational policies, practices, and requirements to assess, plan and negotiate the best terms and conditions and to minimize risk.
  • Collaborate with internal stakeholders, including cross-functional teams, to understand requirements and provide support in sourcing initiatives.
  • Build and maintain strong relationships with stakeholders to ensure needs are met.
  • Stay up to date with market trends, supplier capabilities, industry best practices, and emerging technologies in the indirect procurement space, leverage this knowledge to inform sourcing decisions and drive innovation.
  • Monitor supplier performance, work with Vendor Managers to resolve any issues or disputes and drive continuous improvement through regular performance reviews and supplier scorecards.
  • Identify opportunities for process improvement within the procurement function, suggest and implement enhancements to streamline sourcing activities, increase efficiency, and reduce cycle times.

What you'll need to succeed

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field. Professional designation/certification in Supply Chain Management (PMAC SCMP / CPP, ISM) or PMP is a plus.
  • Proven experience as a Sourcing Specialist or a similar role in procurement, preferably in the tech sector with a focus on indirect spend management and vendor consolidation on a global scale.
  • Strong understanding of procurement processes, contract management, and supplier relationship management.
  • Excellent analytical and problem-solving skills, with the ability to leverage data to drive decision-making.
  • Ability to take initiative in recognizing data issues/concerns or areas where improvements could be made.
  • Previous experience working in the Tech and/or Finance industry would be a strong asset.
  • Demonstrated negotiation and communication skills, with the ability to build relationships and influence stakeholders.
  • Advanced digital literacy including proficiency in using procurement tools such as Ariba, and enterprise resource planning (ERP) systems such as SAP and NetSuite.
  • Knowledge of market trends, sourcing best practices, and emerging technologies in the indirect procurement space.

What you'll get in return

The opportunity to work for a global organization and a leader in the technology industry.


What you need to do now


If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.

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