Strategic Procurement Manager
1 week ago
Location: Saskatoon, Saskatchewan, Canada; Frisco, Texas; Remote
About the Position:
The Strategic Procurement Manager is a key leadership role responsible for developing and implementing strategic procurement initiatives to optimize costs, drive efficiency, and enhance supplier relationships. This position requires a seasoned professional with a deep understanding of procurement best practices, market dynamics, and supplier management strategies. The Strategic Procurement Manager collaborates with internal stakeholders to align procurement strategies with organizational goals and objectives while ensuring compliance with regulatory requirements and ethical standards.
Strategic Procurement Planning
- Develop and execute strategic procurement plans aligned with organizational objectives, financial targets, and market trends.
- Conduct comprehensive analysis of procurement needs, market conditions, and supplier capabilities to identify opportunities for cost savings and process improvement.
- Collaborate with cross-functional teams to define sourcing strategies, specifications, and selection criteria for goods and services.
Contract Drafting and Review
- Draft, review, and edit contracts, agreements, and other legal documents to accurately reflect the terms and conditions negotiated with clients, vendors, and partners.
- Collaborate with internal stakeholders, including legal counsel and subject matter experts, to ensure contract language aligns with business objectives and mitigates risks.
Supplier Relationship Management
- Build and maintain strategic relationships with key suppliers.
- Negotiate and establish contractual agreements, pricing structures, and service level commitments with suppliers to achieve favorable terms and conditions.
- Monitor supplier performance and conduct regular performance reviews to ensure alignment with contractual obligations and quality standards
Sourcing and Vendor Selection
- Conduct market research and supplier evaluations to identify potential vendors, assess their capabilities, and mitigate supply chain risks.
- Lead competitive bidding processes, request for proposals (RFPs), and supplier negotiations to optimize costs and drive value for the organization.
- Evaluate vendor proposals, analyze cost-benefit considerations, and make recommendations for vendor selection based on predefined criteria.
Continuous Improvement
- Identify opportunities for process optimization, automation, and standardization to streamline procurement workflows.
- Foster a culture of innovation, continuous learning, and knowledge sharing within the procurement team and across the organization.
Stakeholder Communication
- Serve as the primary point of contact for internal and external stakeholders.
- Communicate contract requirements, rights, and obligations to relevant parties.
- Provide guidance and support to departments across the organization.
Education and Experience
- Bachelors degree in Business Administration, Supply Chain Management, Finance or related field
- Proven track record of 7 - 10+ years of leadership experience in strategic procurement, supplier management, and contract negotiation
- CSCP, CPSM preferred.
Benefits
- We offer a wellness plan with you and your family in mind:
- Medical, Dental and Vision
- Life & Disability Coverage
- 401K Matching
- Employee and Family Assistance Program (EFAP)
- Employee referral program
About Us:
Quarterhill Inc. is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry. Our goal is global leadership in ITS, via organic growth of the Electronic Transaction Consultants, LLC (ETC) and International Road Dynamics, Inc. (IRD) platforms, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill Inc. is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF.
Quarterhill Inc. provides equal opportunity for all applicants, regardless of any protected status in accordance with applicable laws where the position is being hired; including but not limited to: race, colour, religion, gender, national origin, age, disability, sexual orientation or veteran status. We support an inclusive workplace where employees, partners and associates can be successful.
This job advertisement is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job.
We appreciate all responses and will acknowledge only those being considered for an interview.
We respectfully request no calls or unsolicited resumes from Agencies
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