Senior Manager Strategic Procurement Job In Markham

Job Description

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Murata Power Solutions is a leading provider of power conversion products that are sustainable and efficient. We are focused in two transformative technology, macro market segments; Server, Storage, Networking (SSN) and E-Mobility, including electric vehicles, robotics and energy storage. Ranked amongst the world’s top 5 suppliers of breakthrough power electronics, we design and manufacture the industry’s broadest offering of standard products and are a market leading designer of custom power solutions.

Well known for the quality of its products and workforce, we can provide you the opportunity to work with talented people and a management team focused on growth and the ongoing development of leading-edge technologies for many of the world’s major OEM’s.

Position Summary

As the Senior Manager, Strategic Procurement, you will play a critical role in leading our procurement function and developing strategic sourcing initiatives. You will be responsible for managing a team of commodity professionals, overseeing the procurement process for key categories of goods and services, and identifying and implementing cost-saving opportunities, quality improvements and lead time reductions. This position requires a strong understanding of procurement best practices, negotiation skills, and the ability to build and maintain strong relationships with internal and external stakeholders.

Job Duties/Responsibilities

• Develop and implement strategic sourcing plans for assigned categories of goods and services.
• Lead the development and execution of RFPs, RFQs, and other commercial documents.
• Negotiate and manage contracts with suppliers to ensure best value and optimal terms.
• Oversee the procurement process from requisition to contract management and payment.
• Lead a team of procurement professionals, providing coaching, mentoring, and performance management.
• Analyze commodity spend data and identify cost-saving opportunities. Employ “should cost” and product cost modeling.
• Develop and implement key performance indicators (KPIs) to track procurement performance.
• Leader on industry trends and best practices in procurement.
• Build and maintain strong relationships with internal stakeholders (e.g., engineering, operations, finance) and external suppliers.
• Manage procurement budget and ensure adherence to company policies and procedures.
• Implement procedures to verify supplier certifications and/or adherence to relevant regulations.
• Analyze potential risks throughout the supply chain, including performance, compliance, business practices, geography, etc. Define appropriate mitigation plans.
• Work with NPI Teams and contract manufacturers to obtain the lowest possible FG buy price
  

Job Duties/Responsibilities Cont.

Education

Experience Required

• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field (MBA preferred).
• Minimum 7-10 years of experience in a procurement role, with a proven track record of success in strategic sourcing.
• Strong understanding of procurement best practices, including sourcing strategies, contract negotiation, and risk management.
• Excellent negotiation and communication skills.
• Proven ability to manage and lead a team.
• Experience with procurement software and data analysis tools is a plus.
• Strong analytical and problem-solving skills.
• Ability to work independently and as part of a team.
• Must be a highly motivated and results-oriented individual.
  

Physical Requirements

Mostly in the indoor office setting.

Travel

Budgets/Cost Control

Global Perspective

Job Knowledge

Decision Making/Judgment

Initiative

Integrity/Ethics

Problem Solving/Analysis

Leadership

Managing Diversity

Communication

Teamwork

Compensation Data

Compensation and Benefits:

Our benefit package is comprehensive and includes Medical Insurance; Dental Insurance; Vision Insurance; 401(K); Flexible Spending Accounts; Paid Vacation/Holidays; Short Term Disability; Long Term Disability; Tuition Reimbursement.