Procurement Manager

at  Kings Pastry Inc

JOB SUMMARY

The Procurement Manager / Assistant Procurement Manager will report directly to the Supply Chain Director and will be responsible for managing all aspects of procurement. Your primary focus will be on sourcing and procuring products from various suppliers while ensuring cost-effectiveness, quality control, and timely delivery. You will work closely with suppliers, negotiate contracts and maintain the terms of the company, analyze market trends, collaborate with internal stakeholders to optimize inventory management and meet business objectives, understand border regulations and logistics, reduce costs by understanding supply chain processes and overall impact, negotiate return policies, proper departmental reporting.

REQUIREMENTS

• Bachelor’s degree in Business, Supply Chain Management, or a related field.
• Minimum 2 years’ experience in a manufacturing environment purchasing.
• Strong negotiation skills and the ability to build and maintain effective vendor relationships.
• Minimum 2 years’ management experience with strong leadership and management skills, with the ability to lead and inspire a team.
• Familiarity with ERP systems and procurement software.
• Excellent analytical, research skills and problem-solving abilities.
• Effective communication skills, both written and verbal and interpersonal skills.
• Proficient verbal and written communication abilities in both English. Mandarin is not mandatory but an asset.
  Job Types: Full-time, Permanent
  Pay: $78,211.00-$84,737.00 per year

Benefits:

• Casual dress
• Company events
• Dental care
• Discounted or free food
• Extended health care
• On-site parking
• Vision care

Flexible language requirement:

• French not required

Schedule:

• Monday to Friday

Work Location: In perso

• Develop and implement procurement strategies aligned with company terms, goals and objectives.
• Prepare and process Purchase Orders according to purchasing procedures of sourcing and ordering. Ensuring all purchases are released according to the agreed specifications, terms. Ensure Standard compliance.
• Monitor suppliers monthly performance, including PO fulfillment, deliveries etc. Distribute suppliers monthly performance rating to key suppliers. Escalate the issues to suppliers to improve.
• Supplier management to build up and maintain strategic partnerships.
• Identify, evaluate, manage potential and exiting suppliers to negotiate contracts and establish long-term partnerships under company’s terms and conditions.
• Risk assessment of raw material and packaging supply issues or delays.
• Monitor major commodities market trends to analyze pricing and demand.
• Constant improvement by identifying opportunities for cost savings, including VA/VE analysis. Drive purchase cost savings initiatives and participate in the negotiation of purchase prices.
• Development of budgets by providing cost estimates for goods and services. Controlling costs through effective procurement practices ensures that the organization allocates resources efficiently, positively impacting cash flow.
• Communicate closely with Financial Controlling Department and Supply Chain Management Department to achieve efficient inventory management, make accurate purchasing decisions, control expired inventory, avoid unnecessary capital losses, and maintain optimal cash flow.
• Manage inventory levels, forecast demand, returns and ensure stock availability while minimizing waste.
• Work closely with Finance teams to provide input for cash flow forecasting. Accurate forecasting helps the business plan for future purchasing spend and ensure that sufficient funds are available when needed.
• Project Leader of Supply Chain Management. Source and set up new purchased items and new suppliers in system upon approval. Ensure new products or new suppliers are developed from kick off, sample approval, trial production to SOP.
• Collaborate with Sales and Marketing, R&D team, Production team and Planning & Scheduling team to source raw materials, label, packaging, and inbound logistics solutions. Request cost proposals, quotations and negotiate prices with suppliers.
• Coordinate EOP with regards to ending projects.
• Maintain high quality materials. Ensure suppliers fully understand the quality complaints. Request suppliers to provide 8D report, corrective and preventive actions based on root cause analysis.
• Implement QA Return Policy.
• Be an expert in food ingredients and packaging solutions. Communicate market or industry trends with cross functional teams.
• Prepare required documentation and problem solving for customs clearance of imported materials.
• Develops sources for procuring supplies, services, and equipment by attending demonstrations, contacting suppliers; attending educational workshops; reviewing professional publications; establishing frozen cake industry networks; participating in professional societies and trade fairs.
• Decide on the purchasing incoterms by the total purchased cost analysis and effectiveness of each delivery mode, e.g., ocean, rail and air.
• Lead Procurement Department by ensuring all subordinates are in line and performing according to the department’s mandate.
• Enhance suppliers’ cooperation to improve supply chain efficiencies by best practice service model. Introduce and implement new technologies to advance competence in supply chain development.