Senior Procurement Sourcing Specialist

at  Manulife

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JOB DESCRIPTION:

We’re looking for a Senior Procurement Specialis t to join Global Investment Product Team within Procurement Operations group at MBPS. In this role, you are oversight of the end-to-end execution of the sourcing & contracting process for various spend categories for NA sourcing initiatives driving savings targets and other organizational goals
Have the skills and knowledge for the job? Learn more about the opening below!

QUALIFICATIONS:

• Excellent analytical skills with the ability to develop complex cost model and come up with actionable cost-optimization recommendations
• 5+ years of progressive business experience in strategic sourcing and/or global supply chain related to commercial print or digital communication
• Undergraduate degree (Supply Chain, Finance, HR or other related courses)
• Passion for the success of the procurement operating model
• Problem analyzer and decision maker – effectively searches and uses industry and market insights; able synthesize, and present complex information in a value-added form; attention to detail; evaluates feasibility and practicality of ideas and options; takes ownership and makes timely recommendations Experience in identifying savings and value in a procurement function
• In-depth knowledge of sourcing and procurement principles and best practices
• Experience with supplier contractual terms and conditions to mitigate legal and business risk
• Experience with sourcing and procurement systems and tools
• Technical and professional knowledge – demonstrated understanding and application of procurement and contracting principles and best practices
• Team builder – builds strategic partnerships with internal clients and vendors; builds buy-in and engagement with key stakeholders
• Skilled communicator – communicates complexity with clarity and ease; articulates a clear view of concepts, ideas, and objectives; able to interface with different stakeholders at all levels; represents the company externally with confidence; skilled in both oral and written communication
• ·Collaborator – shares resources and leverages knowledge across the organization; builds and nurtures an extensive network
• Strong customer service orientation – adept at cultivating and sustaining value-add business partnerships with internal stakeholders at a senior executive level
• Willing to work in on night shift

• Identify sourcing opportunities by pro-actively engaging the business unit stakeholders
• Conduct detailed analysis and develop relevant sourcing and negotiation strategy for assigned projects
• Generate and leverage market and supplier intelligence and data for development of sourcing and negotiation strategies
• Work with business partners on a consultative basis to collect and finalize specific business requirements necessary to evaluate and select suppliers
• Establish deal teams for large sourcing engagements
• Submit RFx (RFI, RFQ, RFP or e-Auction) requests to suppliers and make recommendations to the business partners on which providers will meet the commercial print or digital communication needs
• Develop terms sheet based on negotiation strategies, with input from the business partners
• Participate during the contract negotiation process, with consultative support, as required, from legal and risk
• Interface directly with business partners and vendor/contract managers
• Perform other related strategic sourcing activities and participate in special projects as assigned
• Identify and implement a long-term strategy for developing and maintaining talent for NA ensuring cross training and upskilling of resources to develop back-up support and minimize attrition
• Support and deliver on key transformation strategies (i.e. Ivalua implementation) of the group, as a priority.Establish a high level of credibility and build professional relationships with our customers.