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Senior Sourcing Analyst - Packaging

Ya Ya Foods
9 hours ago
Full-time
On-site
Toronto, ON, Canada
Indeed

About Ya YA Foods: Ya YA Foods is a dynamic and high-growth manufacturer of liquid food and unique beverages. With over 30 years’ experience, we have evolved into a versatile manufacturer and co-packer of a variety of low acid and high acid beverage and liquid food items. We are a family-owned Canadian business who prides itself in its proven track record of satisfying the needs of global multi-national customers. We are a solution provider for our customers, always striving to exceed expectations on innovation, quality, service, and speed to market. For further information about us, please check our website at yayafoods.com A career at Ya YA FOODS will offer you the opportunity to… Build a career, not just have a job Work in a dynamic and high-growth company with very skilled professionals Become part of a teamwork focused culture Be a part of an organization that supports your future growth path Reports - Sourcing Manager Responsibilities: Support development of category strategies through data analysis, demand forecasting, and market insights Maintain and optimize the monthly demand database to support strategic decision‑making and long‑range sourcing plans. Coordinate with Ya YA’s planning team to manage inventory levels and order patterns based on Ya YA’s demand and our suppliers lead times. Act as a key point of contact for suppliers, supporting performance reviews, KPI tracking, escalations, and corrective action initiatives. Support supplier relationship management through performance tracking, reporting, and issue analysis Support contract negotiations through cost analysis, benchmarking, and scenario modeling. Monitor market trends for key raw materials and deliver strategic insights, recommendations, and scenario analyses to senior leadership. Build and maintain advanced forecasting models, cost breakdowns, and tracking tools to support internal decision-making. Monitor supply risks including shortages, pricing volatility, and continuity while recommending material substitution solutions for ingredients and packaging as needed for existing or new-to-launch products Collaborate with cross-functional teams to provide data-driven insights that support sourcing and operational decisions Support complex sourcing projects to ensure synchronized execution of material price changes, production requirements, and customer pricing structures. Maintain and support the annual sourcing calendar, ensuring timely execution of contracting cycles and budgeting activities Maintain and update record of all quality specifications and requirements for materials used by Ya YA Foods. Work with Accounts Payable to manage price and volume discrepancies in invoices and ensure Ya YA’s suppliers are paid on time and the correct amount. Support projects to ensure alignment between price changes from suppliers to Ya YA with the pricing schedule with our customers. Work with Accounts Receivable to track and consolidate the collection of all supplier volume rebates. Identify improvement opportunities and support continuous improvement initiatives through data analysis and reporting Compliance with all rules & policies regarding health safety, occupational safety, environmental safety, food safety, legal regulations, company requirements, etc. Compliance with the Company's Integrated Management Systems which includes, but is not limited to Production, Quality, Food Safety & GMP. Other duties as assigned. Profile: Bachelor’s degree in Business, Commerce, Management, Economics, Food Science or a related field Skill in organization, analysis, time management, prioritization, and the ability to meet deadlines for multiple tasks Proficient computer skills, Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel), and instructional software Commitment to continuous improvement and quality of support and service Great interpersonal skills and communication skills to interact with all levels of management Able to mu…

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