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- Develop and implement sourcing strategies for assigned categories to drive cost reduction, quality improvement, and supplier performance.
- Lead supplier identification, evaluation, negotiation, and selection processes for new and existing products.
- Collaborate cross-functionally with Engineering, Operations, Quality, and Finance to define sourcing requirements and ensure alignment with business needs.
- Analyze market trends, pricing, and supplier performance to inform strategic decisions.
- Negotiate long-term agreements and contracts that provide stable supply, competitive pricing, and favorable terms.
- Mitigate risks in the supply chain through supplier diversification, contingency planning, and proactive risk assessments.
- Manage supplier relationships, conduct regular performance reviews, and implement improvement initiatives.
- Maintain accurate procurement and supplier data within ERP/MRP systems.
- Monitor and report on key metrics such as cost savings, supplier on-time delivery, and quality performance.
- Support new product introduction (NPI) by sourcing components and materials early in the development process.
- Bachelor's degree in supply chain management, business, engineering, or a related field.
- 2-5 years of experience in strategic sourcing or procurement, preferably within a manufacturing or engineered product environment.
- Strong knowledge of sourcing methodologies, contract negotiation, and supplier management.
- Proficiency with ERP systems (SAP experience is an asset) and sourcing tools.
- Excellent communication, negotiation, and analytical skills.
- Ability to work independently and collaboratively in a fast-paced, cross-functional environment.
- CPSM, CPM, or APICS certification is a plus.
- Experience with cost breakdown analysis, total cost of ownership (TCO), and supplier scorecards is a plus.
- Understanding engineering drawings and technical specifications is desirable.
- Experience in global sourcing and managing international suppliers.
Strategic Sourcing Specialist - Vaughan - Can-Tech Services
2 weeks ago

Description
Job Title:
Strategic Sourcing Specialist
Overview:
Can-Tech Services is seeking a results-driven Strategic Sourcing Specialist to join our team in a dynamic, engineered product manufacturing environment. The ideal candidate will combine strong analytical abilities, deep market insight and supplier relationship management skills to deliver cost savings, improve supplier performance, and support strategic business goals.
Key Responsibilities:
Qualifications:
Preferred Skills & Certifications:
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