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Strategic Sourcing Analyst

Posted by: Interspan Canada Inc
Posting date: June 13, 2024      Expire in 5 days
Posting date: June 13, 2024
Expire in 5 days
 
Job location: Vaughan - ON, Canada
 
Salary: 33.65
 
Vacancy: 1
 
Job category: Administrative Support
 
Job id: 20240613-161659

Job description:


About Us:

Interspan Canada Inc. is a dynamic and forward-thinking trading company based in Concord, ON. We are committed to delivering top-quality products to our customers while ensuring the most cost-effective and efficient sourcing and supply chain operations. We are currently seeking a talented and motivated Sourcing Specialist to join our team and contribute to our company's success.

Scope of work

As a Strategic Sourcing Analyst at Interspan Canada Inc., you will play a pivotal role in the sourcing, procurement, and supply chain process. You will be responsible for sourcing, negotiating, and procuring goods and services, ensuring that we maintain a competitive edge in the market while meeting our customer’s demands.

Primary responsibilities:

 

  1. Identify, evaluate, and develop relationships with potential suppliers, manufacturers, and service providers in focus geographical areas- South Asia, Turkey and Europe.
  2. Invite tenders, consult with suppliers, and review quotations.
  3. Negotiate pricing, contract terms and conditions, and award supplier contracts.
  4. Collaborate with various departments to determine procurement needs and requirements.
  5. Create and manage purchase orders, Establish logistics delivery schedules, and monitor progress with suppliers and logistics service providers.
  6. Monitor inventory levels, track deliveries, and address any discrepancies or delays in shipments.
  7. Implement cost-saving strategies without compromising product quality or delivery times.
  8. Provide necessary research and input into financial sourcing aspects of contracts and calls for tender when information is not readily available.
  9. Conduct regular cost-benefit analyses to evaluate supplier and product performance.
  10. Develop and maintain quality control procedures in the procurement process.
  11. Monitor adherence to ethical and sustainability standards in sourcing practices.
  12. Analyze and identify high-impact cost reduction opportunities.
  13. Prepare reports, analyze data, and provide insights to management for informed decision-making.
  14. Evaluate potential risks by analyzing various factors in the supply market. Prepare forecasts, scenarios, and detailed reports with recommendations based on the assessments.
  15. Leverage the organization’s buying power to optimize costs, access new suppliers, reduce lead time, and guarantee the supply of merchandise.
  16. Develop and maintain business relationships with current and potential buyers and suppliers associated with the organization.
  17. Ensure that all procured goods and services meet quality standards and comply with regulatory requirements.
  18. Continuously assess vendor performance and work on supplier development programs to enhance supplier capabilities. 

 

Qualifications

 

  • Minimum post-secondary diploma in business, supply chain management, or a related field.
  • 6+ years of work experience in sourcing apparel, and leather products from South East Asian countries. Apparel merchandising and quality control experience to be preferred.
  • Able to speak major South Asian languages, particularly Bengali, Hindi, and Urdu.
  • Have a minimum understanding of local culture and ways to successfully negotiate and manage business deals with companies in the South Asian region and Turkey.
  • Strong negotiation and communication skills.
  • Proficient in English language
  • Familiarity with regulation requirements and quality standards.
  • Analytical thinking and problem-solving abilities.
  • Strong organizational and time management skills.

If you are a dedicated professional with a passion for procurement and sourcing, and you thrive in a dynamic and collaborative environment, we invite you to apply for this exciting opportunity at Interspan Canada. Join us in our mission to deliver top-quality products to our customers while maintaining a competitive edge in the market.

 

Interspan Canada Inc. is an equal-opportunity employer, and we encourage candidates from diverse backgrounds to apply.

To apply for this position, please submit your resume and a cover letter detailing your relevant experience and qualifications.

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