Manager, Procurement Strategy - Toronto, Canada - Company 1 - The Manufacturers Life Insurance Company

    Company 1 - The Manufacturers Life Insurance Company
    Company 1 - The Manufacturers Life Insurance Company Toronto, Canada

    2 weeks ago

    Default job background
    Full time
    Description

    Description

    Individual Responsibilities:

  • Lead strategic sourcing projects and design, execute procurement strategy
  • Support strategic sourcing projects following a 7-step sourcing methodology
  • Determine sourcing strategy and conduct analysis and negotiations
  • Influence requirements from business partners vital to evaluate and select suppliers
  • Conduct baseline and market analysis, develop sourcing strategy and conduct contract negotiations
  • Conduct benchmarking and opportunity assessment
  • Build presentations which highlight relevant business process inefficiencies and opportunities for improvement
  • Build presentations for executive leadership
  • Suggest and make changes in existing processes and metrics to increase efficiency & effectiveness
  • Engage with partners to increase data driven decision making
  • Provide sourcing thought leadership and day-to-day oversight of resource activities
  • Manage relations with key business partners and project owners to develop/maintain strong working relationships
  • Support vendor managers in execution of business led initiatives as necessary
  • Other duties as assigned
  • Job Requirements:

  • Post graduate degree (MBA Preferred)
  • 5+ years of progressive business/ Strategy consulting
  • Experience in corporate strategy products
  • Good knowledge of sourcing and procurement fundamentals and standard methodologies
  • Good knowledge of data analysis
  • Experience in developing operational strategies
  • Advanced MS Excel, Microsoft PowerPoint skills
  • Experience with sourcing and procurement systems and tools
  • Proven analytical and problem-solving skills
  • Excellent presentation and report writing skills
  • Excellent communication and interpersonal skills
  • Ability to work independently as well as cross-functionally, comfortable with multi-tasking
  • Familiar with Manulife's business operations, strategies, and financial environment