Director of Procurement
Department:
Job Summary
Vention is seeking an execution-oriented Director of Procurement to lead global supplier management and cost optimization initiatives across our rapidly growing hardware platform. This role will play a critical part in improving gross margins strengthening supply chain resiliency and scaling procurement operations to support Ventions continued global expansion.
The ideal candidate combines a deep technical understanding of manufacturing and industrial components with world-class commercial negotiation capabilities. They are equally comfortable building should-cost models negotiating complex supplier agreements analyzing global commodity trends and partnering cross-functionally with engineering finance and operations teams to drive measurable business outcomes.
This role requires a hands-on leader capable of operating at both strategic and tactical levels within a fast-paced high-growth industrial technology environment.
Roles & Responsibilities
- Lead Ventions annual cost reduction program in close collaboration with the Chief Financial Officer and Chief Supply Chain Officer with clear savings targets tied to gross margin improvement
- Develop top-down and bottom-up cost reduction roadmaps across key spend categories including fabricated metal parts PCBAs wire harnesses motors electromechanical assemblies and logistics.
- Identify and execute cost reduction levers including supplier negotiations strategic sourcing dual-sourcing SKU rationalization specification optimization value engineering and design-for-manufacturing (DFM).
- Partner cross-functionally with engineering operations manufacturing and finance teams to embed cost competitiveness into product design and sourcing decisions.
- Build comprehensive supplier negotiation strategies and fact packs leveraging a 360-degree supplier performance view including pricing trends quality performance on-time delivery lead times responsiveness and total cost of ownership.
- Develop should-cost models across key commodities manufacturing processes and assemblies to support negotiations and benchmark supplier competitiveness.
- Establish procurement analytics dashboards and executive reporting mechanisms to track savings realization supplier performance commodity exposure and procurement KPIs.
- Improve and standardize Ventions Master Supply Agreement (MSA) framework ensuring appropriate commercial legal quality delivery and IP protections are implemented across critical suppliers.
- Support supplier selection qualification and annual audit processes for mission-critical suppliers including risk assessment and mitigation planning.
- Monitor global commodity pricing trends (e.g. aluminum copper steel electronics components) and proactively identify sourcing risks and opportunities.
- Drive procurement process maturity governance and operational excellence initiatives to support rapid company growth and global scale.
Qualifications :
- Bachelors degree in Mechanical Engineering Industrial Engineering Supply Chain Operations or a related technical field.
- 8 years of experience in strategic sourcing procurement supply chain or cost engineering within industrial automation robotics electronics or manufacturing environments.
- Proven track record negotiating complex global multi-million-dollar supply agreements with sophisticated suppliers and contract manufacturers.
- Strong analytical and financial acumen with the ability to independently develop negotiation fact packs spend analyses cost variance analyses and business cases.
- Deep expertise in should-cost modeling across key manufacturing processes including machining sheet metal fabrication injection molding PCB assembly cable assembly and electromechanical systems.
- Strong understanding of global supply markets commodity pricing dynamics and manufacturing economics.
- Experience managing suppliers across North America Europe and Asia including familiarity with international sourcing and contract structures.
- Comfortable operating in both strategic and hands-on environments within a fast-growing company.
- Excellent communication negotiation and executive presentation skills.
- Strong project management and cross-functional leadership capabilities.
- Comfortable leveraging a broad range of negotiation approaches from collaborative partnership models to highly competitive commercial negotiations.
Additional Information :
What We Offer
- Career pathing: Real opportunities to grow through personalized development plans bi-annual employee reviews and mentorship program
- Professional development: Continuous training in performance management inclusive leadership leadership operating model team building and giving/receiving feedback
- Gender diversity & inclusion: Pay equity reviews inclusive policies and a Womens Employee Resource Group offering networking mentorship and quarterly learning sessions.
- Hybrid work: Enjoy flexibility with our hybrid model allowing you to work from home on select days.
- Community engagement: Two paid volunteering days per year to give back to causes you care about.
- Central location: Regular team gatherings and a collaborative office space in the heart of Montreal surrounded by cafés and restaurants.
- Team events: All year round employee events including annual kick-off employee summit quarterly happy hours and department events.
- Comprehensive benefits: A complete group benefits plan for you and your family that start day one.
- Top-up and benefits for new parents: Additional financial support and resources to support employees during their transition to parenthood.
What to Expect in Your Interview
- Initial Call
- Meet the Team
- Case or take-home interview
- Decision & Offer
Were committed to making every step of the process inclusive and accessible. If you require accommodations at any stage please let us know well ensure you have what you need to succeed.
Professional Growth & Development
Vention believes strongly in promotion from within. For this reason we structured a comprehensive professional development program that elevate high-performing individuals who deeply understand the inner workings of Vention. This program encompasses:
- In-house coaching program with former industry executives working with small cohort of emerging leaders
- Quarterly management training on topics ranging from Giving & Receiving Feedback to Building high-performing teams to Developing your own Leadership model
- Quarterly World-Class Speaker Series featuring industry leaders sharing their perspective and lessons learned as they build their function and business
- Dedicated professional development channels sponsored by the Executive team to foster continuous professional learning
- Book allocation program to further your knowledge in your domain of expertise or any business leadership topics
Diversity Inclusion & Belonging at Vention
When you join Vention you join a team of professionals with diverse experiences backgrounds and perspectives. Together were building a workplace where everyone belongs feels valued and can achieve extraordinary results.
We celebrate differences in ideas in experiences and in people. Our initiatives in gender equity career growth and leadership development are designed to create real opportunities for everyone to thrive.
Ventions culture
Vention is an uplifting environment for high achievers. Thinking that Ventions culture would keep you energized See our full culture guide here.
Remote Work :
No
Employment Type :
Full-time
About Company
Vention helps some of the most innovative manufacturing companies automate their production floor in just a few days. Vention's online-first manufacturing automation platform (MAP) enables its clients to design, automate, order, and deploy manufacturing equipment directly from their w ... View more