Manager, Procurement Strategy

Job title:

Manager, Procurement Strategy

Company

Manulife

Job description

This position is an integral part of the procurement team and will be responsible for small to medium-size and complexity sourcing and contracting initiatives. In this role you will develop sourcing strategies, coordinate supplier selection and lead contract negotiations consistent with an overall category strategy and business unit objectives. In this role, you will also collaborate with category managers and providing business intelligence to enhance data driven business decisions to achieve our goalsPosition Responsibilities ​:Lead cross-functional teams to execute on low to medium value/complexity sourcing projects and contracting effortsSupport strategic sourcing projects following a 7-step sourcing methodologyDetermine sourcing strategy and conduct analysis and negotiationsInfluence requirements from business partners necessary to evaluate and select suppliersConduct baseline and market analysis, develop sourcing strategy and conduct contract negotiationsConduct benchmarking and opportunity assessmentCreate presentations which highlight relevant business process inefficiencies and opportunities for improvementCreate presentations for executive leadershipSuggest and make changes in existing processes and metrics to increase efficiency & effectivenessEngage with stakeholders to increase data driven decision makingProvide sourcing thought leadership and day-to-day oversight of resource activitiesManage relations with key business partners and project owners to develop/maintain strong working relationshipsSupport vendor managers in execution of business led initiatives as necessaryOther duties as assignedRequired Qualifications:Post graduate degree (business/ analytics preferred)5+ years of progressive business experience in consulting and/or global supply chain management and/or sourcing and procurementGood knowledge of sourcing and procurement fundamentals and best practicesGood knowledge of data analysisExperience in developing operational strategiesAdvanced MS Excel, Microsoft PowerPoint skillsExperience with sourcing and procurement systems and toolsSolid analytical and problem-solving skillsPreferred QualificationsExcellent presentation and report writing skillsExcellent communication and interpersonal skillsAbility to work independently as well as cross-functionally, comfortable with multi-taskingFamiliar with Manulife’s business operations, strategies, and financial environment#LI-HybridAbout Manulife and John HancockManulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit .Manulife is an Equal Opportunity EmployerAt 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 .Primary Location Toronto, OntarioWorking ArrangementHybridSalary range is expected to be between $84,375.00 CAD – $151,875.00 CADIf you are applying for this role outside of the primary location, please contact for the salary range for your location. 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. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.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.

Expected salary

Location

Toronto, ON

Job date

Fri, 15 Nov 2024 08:41:31 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (globalvacancies.org) you saw this job posting.