Manager, Procurement Strategy
Job Summary
This Manager Procurement Strategy role is an integral part of the procurement strategy and transformation team and will be responsible for strategic procurement transformation this role you will develop and implement key strategic initiatives and business cases to achieve the overall business unit objectives. In this role you will also collaborate with Sourcing Managers and providing business intelligence to enhance data driven business decisions to achieve our goals.
Individual Responsibilities :
- Support strategic projects for the team and NA Procurement
- Conduct benchmarking and opportunity assessment to achieve business unit goals
- Suggest and make changes in existing processes and metrics to increase efficiency & effectiveness
- Conduct benchmarking for procurement best-in class negotiations AI best practices transformational initiatives in procurement.
- Engage with Procurement team and collaborators to increase data driven decision making
- Identify and develop key performance metrics and dashboards
- Provide sourcing thought leadership
- Create presentations for executive leadership which highlight relevant process inefficiencies and opportunities for improvement.
- Support to bring consistency and efficiency across categories
- Lead cross-functional teams to complete small to medium complex sourcing projects and contracting efforts
- Conduct baseline and market analysis develop sourcing strategy and conduct contract negotiations
- Influence requirements from business partners necessary to evaluate and select suppliers
- Determine sourcing strategy and conduct analysis and negotiations
- Manage relations with key business partners and project owners to develop/maintain strong working relationships
- Other duties as assigned
Required Qualifications:
- Masters degree (business Supply Chain or analytics preferred)
- 5 years of progressive business experience in consulting and/or sourcing and procurement
- Experience in implementing AI solutions in supply chain and/ or procurement value chain
- Good knowledge of data analysis
- Experience in developing operational strategies
- Working knowledge of data analysis Excel and/or Power BI or similar tools
- Advanced MS Word MS Excel Microsoft PowerPoint skills
- Solid analytical and problem-solving skills strategic and right to left thinking.
- Excellent presentation and report writing skills
- Excellent communication and interpersonal skills
- Ability to work independently as well as cross-functionally comfortable with multi-tasking and executing on ambiguity.
- Ability to work through ambiguity in a fast-paced environment and prioritize work as needed
- Experience in previous strategy consulting role will be preferred
When you join our team:
- Well empower you to learn and grow the career you want.
- Well recognize and support you in a flexible environment where well-being and inclusion are more than just words.
- As part of our global team well support you in shaping the future you want to see.
The role being advertised is an existing vacancy.
About Manulife and John Hancock
Manulife Financial Corporation is a leading international financial services provider helping people make their decisions easier and lives better. To learn more about us visit is an Equal Opportunity Employer
At Manulife/John Hancock we embrace our diversity. We strive to attract develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment retention advancement and compensation and we administer all of our practices and programs without discrimination on the basis of race ancestry place of origin colour ethnic origin citizenship religion or religious beliefs creed sex (including pregnancy and pregnancy-related conditions) sexual orientation genetic characteristics veteran status gender identity gender expression age marital status family status disability or any other ground protected by applicable law.
It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process contact .
Referenced Salary Location
Toronto OntarioWorking Arrangement
Salary range is expected to be between
$92900.00 CAD - $142900.00 CADEmployees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. The actual salary will vary depending on local market conditions geography and relevant job-related factors such as knowledge skills qualifications experience and education/training. If you are applying for this role outside of the primary location please contact for the salary range for your location.
Manulife offers eligible employees a wide array of customizable benefits including health dental mental health vision short- and long-term disability life and AD&D insurance coverage adoption/surrogacy and wellness benefits and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays vacation personal and sick days and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S. please contact for more information about U.S.-specific paid time off provisions.
We use data and analytics technologies such as artificial intelligence (AI) and automated processing tools to analyze and process the information you provide to us or third parties in the application process. For more information please refer to our personal information collection statement.
Required Experience:
Manager
Key Skills
About Company
Manulife is a leading financial services group. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions.