drjobs Director, Vendor Management

Director, Vendor Management

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1 Vacancy
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Job Location drjobs

Toronto - Canada

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

People Corporation is embarking on an exciting program to capture cost savings opportunities identified within its broad base of vendors. The Director Vendor Management will play a critical role in establishing and advancing a new VMO (Vendor Management Office) function across the organization. Initially reporting to the CFO the Director will set the strategic vision for the VMO and lead the development and execution of sourcing procurement and vendor governance practices around these and new cost reduction opportunities.

This role will be an individual contributor position at first with the potential to evolve into a leadership role in the future. The successful candidate will act as a Center of Excellence (CoE) driving policy standardization governance frameworks and best practices in collaboration with legal finance and operational teams. They will establish the foundation for the VMO by advancing centralized procurement goals enhancing vendor performance management and ensuring value realization across key spend categories. Over time this individual may have the opportunity to build and lead a high-performing VMO team as organizational needs grow. The role requires strong subject matter expertise in procurement and vendor lifecycle management along with the ability to influence collaborate and drive change across the organization.

The Director Vendor Management will:

  • Define and lead the strategic direction of the VMO aligning with the enterprise goals and initiatives.

  • Lead the development and execution of already identified and future sourcing category management and vendor relationship strategies that drive efficiency innovation and cost optimization.

  • Manage the source-to-contract process for selected categories with the aim of gradually expanding centralized spend management.

  • Establish governance structures sourcing policies and standardized RFx and contract templates in partnership with Legal and Compliance.

  • Partner with business units to identify sourcing opportunities manage vendor risk and promote vendor accountability through performance metrics and SLAs.

  • Serve as a subject matter expert (SME) on vendor lifecycle management supplier diversity and procurement technology enablement.

  • Develop and report on KPIs for vendor performance cost savings and vendor consolidation targets.

  • Contribute to team initiatives and forums by sharing input expertise and feedback.

  • Stay abreast of market trends regulatory changes and innovations in supplier management to continuously improve procurement and vendor operations.

To be successful as a Director Vendor Management at People Corporation you will need:

Qualifications & Experience:

  • 10 years of progressive experience in procurement sourcing vendor management or supply chain management.

  • Experience centralizing fragmented / dispersed spend across multiple categories including technology and travel.

  • Bachelors degree in business administration Commerce Finance or a related field is required.

  • Professional designations such as SCMP (Supply Chain Management Professional) or PMP (Project Management Professional) are assets.

  • Bilingualism in English and French is considered a strong asset.

Skills & Competencies:

  • Strategic Leadership: Ability to align sourcing and vendor strategies with business objectives to deliver measurable value

  • Independent Self-Starter: All-around athlete able to drive execution without handholding.

  • Business Acumen: Knowledge and application of value drivers within procurement / vendor management and business more broadly.

  • Communication and Influencing: Exceptional verbal and written skills; able to influence and build consensus across stakeholders

  • Planning & Execution: Strong organizational and prioritization skills with the ability to manage multiple and complex initiatives

  • Results-Orientation: Demonstrated success in achieving cost savings service improvements and other procurement outcomes

  • Decision-Making: Sound judgment in complex and ambiguous situations

  • Change Agility: Resilient and adaptable with a proven ability to navigate and drive organizational change


Key Performance Indicators (KPIs):

  • Increased cost savings through effective contract management.

  • Improved vendor performance and service delivery.

  • Enhanced strategic vendor relationships and collaboration.

  • Reduced vendor base and complexity for greater efficiency.

  • Compliance with procurement policies and risk mitigation measures.

Whats in it for you:

  • Learn by working alongside our experts

  • Extended health care and dental benefits

  • A retirement savings plan with company contributions

  • A suite of Health & Wellness offerings

  • Mental Health programs and support for you and your family

  • Assistance for the completion of industry designations

  • Competitive compensation

At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits retirement wealth wellness and human resource solutions. Our experts and solutions serve over 20000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees members and stakeholders.

Providing an inclusive accessible environment where all employees and clients feel valued respected and supported is something were committed to. We are dedicated to building a workforce that reflects the diversity of the communities in which we live and to creating an environment where every employeehas the opportunity toreach their potential. If you require an accommodation or an alternative format of any posting please reach out to.


Required Experience:

Director

Employment Type

Full-Time

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