Sourcing Manager

Sourcing Manager Salary range: $85,000 to $105,000 per annum. *T he starting salary will be determined based on the successful candidate’s experience, skills, and qualifications. This job posting is for existing vacancies. Position Summary The Sourcing Manager is responsible for leading strategic sourcing initiatives that align with organizational goals. This role oversees sourcing projects, provides advisory services, and engages stakeholders to drive informed decision-making. Additionally, the Sourcing Manager fosters team effectiveness and ensures sourcing strategies deliver measurable business impact. Key Responsibilities Strategic Sourcing Planning Builds sourcing strategies for defining new/enhancing existing initiatives, analyzing client needs, and identifying potential new supply sources. Plans and designs details of projects; schedules work and resource needs, makes recommendations regarding team participation and involvement in sourcing initiatives. Sourcing Project Leadership Leads research into and maintains up-to-date knowledge of supply and demand management strategies for major spend categories of goods and services. Plans, develops and delivers comprehensive sourcing strategies: performs in-depth analysis of relevant information to identify opportunities and develop proposals to improve sourcing strategies including all quantitative elements (spend, contract analysis) and leveraging all qualitative inputs (supply market analysis, and demand strategies). Leads a cross-sector project team and manages the end-to-end procurement process for developing and implementing complex, high visibility, high risk, high spend sourcing initiatives to ensure business requirements are understood and addressed and that the resultant agreements meet clients’ needs by: defining deliverables, evaluation methodologies; pricing models; risk and mitigation strategies; supplier key performance indicators determining the appropriate procurement vehicle; preparing RFX documents finalizing and negotiating agreement terms and conditions with suppliers assessing, defining and resolving procurement issues and escalations with stakeholders and suppliers by applying risk management expertise Prepares briefings, presentations and reports on overall progress to OECM executives (as appropriate) and other senior management from the sector, offering authoritative recommendations for action. Works collaboratively with OECM’s internal teams (Marketing and Communications, Supplier Relationship Management, Customer Relationship Management, Business Development, and Finance) to: Create awareness of and promote the value of OECM’s Marketplace of products and services and savings opportunities to drive OECM’s value proposition through a variety of communications channels and tactics, e.g., education sessions (e.g., webinars), category and sector feedback forums, etc. Forecast growth, client participation and revenues for assigned sourcing initiatives which contribute to OECM’s long-term growth strategy Advisory Services Maintains knowledge of Ontario’s legislative/regulatory/strategic procurement policy framework, leading procurement practices and supplier risk management to influence and promote a high level of understanding and acceptance of best practices in a rapidly evolving and competitive field Guides clients and advises on best course of action regarding: compliance and adoption of procurement standards best methods/sourcing approach to fulfill business requirements transition planning and implementation support Stakeholder Engagement Maintains, influences and deepens relationships with clients, suppliers and peer colleagues for effective project execution and to achieve OECM’s overall value proposition Builds, sustains and leverages professional relationships with sector associations and organizations as regular outreach channels/conduits in order to: promote OECM’s Marketplace of products and services obtain, provide, verify and discuss informati…

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