Procurement - Strategic Procurement Category Specialist
Natural FactorsJob Title: Strategic Procurement Category Specialist Department: Procurement Business Unit: Factors Group Reports to: Manager, Strategic Procurement Location: 1550 United Boulevard, Coquitlam, BC Pay Schedule: Salary: $75000 to $85000 Organizational Summary: Factors Group of Nutritional Companies Inc. is a leading manufacturer of nutritional supplements and other health-building products. We are dedicated to enhancing the wellbeing of our customers through research, development, and delivery of effective nutritional products. It is our mission to contribute to the lives of our customers, employees, suppliers, and the communities we serve in a cooperative and sustainable manner. Job Summary: The Strategic Procurement Category Specialist helps to ensure the continuity of supply of materials and goods required for Factors Group. The Category Specialist handles direct spending, strives to have products that are competitively priced, brings in suppliers that perform with a duty of care and ensure goods are delivered on time at the highest quality required. Managing overall supply risk is a key aspect of this role. The Strategic Procurement Category Specialist supports the company’s cash flow management, meets production demands, delivers service to key internal stakeholders, taking on tasks that results in cost efficiencies within the business while staying committed to company’s seven core values such as Sustainability (people, planet, and profit) in the planning and implementation of all actions related to the area of responsibility. Job Responsibilities: Design category strategies for a portfolio of key commodities assigned Identify new suppliers and sources of supply Assist and lead in supplier negotiations and implement all types of supply and stocking agreements and/or purchase orders Monitor, plan, review and negotiate supplier contracts, service level agreements to prevent expiration and maximize margin/service performance Recommend and implement strategic procurement process improvement initiatives to reduce risk and strengthen the relationship with key suppliers Analyze and recommend cost improvement strategies through product, supplier, service and design changes Perform detailed cost analysis, cost avoidance and cost reduction initiatives Prequalify new suppliers and evaluate new solutions, sources, materials and services Implement the Source to Pay (S2P) processes for the commodities assigned Collaborate with other departments on qualifying and approving new materials and specifications Implement risk mitigation and management strategies Develop and implement supplier performance metrics Review, identify and stay abreast of market trends and outlook Follow and adhere to all given instructions including work procedures, Standard Operating Procedures (SOPs) and current Good Manufacturing Practices (cGMP) Strictly adhere to and observe all safety policies as outlined in the company policies and training sessions May be required to travel to various office locations and/or out of town Conduct regular audits and risk assessments of the supply chain Other duties and projects (as assigned) Requirements: Technical Completion of a Bachelor’s degree in Business Administration (or equivalent) Completion of a Master’s degree is an asset Supply Chain certification with Association for Supply Chain Management (APICS) or Supply Chain Management Association (SCMA) or equivalent Minimum 5 years of strategic procurement experience Experience in commodities sourcing Good understanding of Source to Pay (S2P) process Strong proficiency with Microsoft Office applications, especially Excel Strong knowledge of and/or experience with Material Requirements Planning (MRP), Bill of Materials (BOM) structure and Enterprise Resource Planning (ERP) systems (an asset) Strong project management experience Knowledge of lean principles and methodology Background in business analytics An equivalent combination of education and experience may be considere…