Manager, Strategic Sourcing
Omers
- Toronto, ON
- Permanent
- Full-time
- Build and maintain category plans for all Data and Technology cost centres and spend categories
- Management of an annual third party spend
- Oversight and management of third party vendors
- Identify, develop, and execute Strategic Sourcing strategies to reduce costs, improve quality and optimize supplier relationships
- Conduct market analysis, supplier assessments, and risk assessments to identify opportunities for cost savings and process improvements
- Manage supplier relationships, performance, and contracts to ensure compliance with established agreements and continuous improvement
- Create, monitor, and analyze key performance indicators to track progress, identify trends, and develop action plans for improvement
- Executing and managing team members in the execution of the Strategic Sourcing process end-to-end, from needs identification to RFX to contract(s) and PO execution
- Lead supplier negotiations to achieve favorable terms and conditions, including pricing, payment terms, and service level agreements
- Oversight and enforcement of Procurement Policy
- Collaborate with cross-functional teams including procurement, finance, operations, and quality to align sourcing strategies with business objectives
- Collaborate across all Vendor Governance stakeholders to ensure compliance with required policies and security of OMERS data
- Drive initiatives to standardize processes, streamline operations, and enhance efficiency within the strategic sourcing function
- Stay up to date on industry trends, market dynamics, and best practices in strategic sourcing to inform decision-making and drive innovation.
- Foster strong relationships with Executives and key stakeholders across Data and Technology as well as key Tier-1 suppliers
- Build and maintain quarterly reporting to key stakeholders, budget owners and Executives to inform budgeting process
- Provide and enhance reporting to Business Partners and Governance Committees on Procurement Policy compliance
- Recruit, manage, and develop direct report(s) on the Strategic Sourcing, Data & Technology Team
- Provide leadership, guidance, and support to team members, fostering a culture of collaboration, accountability, and continuous learning
- 5+ years experience in IT Category Management, including experience as a people leader, preferably within a Financial Institution or other complex, matrixed global organization.
- University degree in business administration, supply chain management, or related discipline
- Strong project management skills, experience managing complex projects, and keen attention to detail
- Strength in Professional Services and IT Procurement
- Strong track record of building relationships, consulting/advising, gaining consensus, and influencing stakeholders across all levels, especially at the senior executive and C-suite levels
- Exceptional communication skills
- Passion for OMERS values and ability to add to a positive culture and working environment