Senior Manager, Strategic Sourcing and Procurement

Lifemark Health Group•Toronto, ON

2d•CA$100,000 - CA$140,000•Hybrid

About The Position

Lifemark Health Group (“Lifemark”) is a diversified healthcare company in business since 1998 and has grown by acquisition over the past 20 years to include almost 400 facilities across Canada. Lifemark has facilities in nine provinces providing integrated health, employer services, medical assessments, and rehabilitation services across Canada. Lifemark employs over 5,000 clinical practitioners and client service support staff. Lifemark was acquired by Loblaw Companies on May 10, 2022. Reporting to the Senior Director Real Estate, Facilities and Capital Planning the Senior Manager, Strategic Sourcing and Procurement will be the subject matter expert focused on maximizing enterprise value through strategic sourcing, cost optimization, supplier performance and commercial negotiations. In partnership with corporate procurement teams, the Senior Manager, Strategic Sourcing and Procurement will be accountable for analyzing current spend and negotiating with vendors to purchase retail products, goods not for resale, services, IT contracts and various other expense contracts. The role will be responsible for developing and implementing procurement strategies, fostering supplier relationships, optimizing costs, and ensuring the timely and efficient acquisition of goods/services while maintaining high-quality standards.

Requirements

Post-Secondary Education in Business Administration, Finance, Procurement or similar
5+ years proven experience and success in a procurement role
Demonstrates a passion for buying and a confident negotiator
In-depth knowledge of procurement best practices, supplier management and market analysis
Demonstrates strong Financial Acumen and ability to manipulate large data sets
Analytical mindset with the ability to make data-driven decisions
Proven collaboration skills with the ability to influence internal/external stakeholders
Excellent communication (verbal, written and comprehension) and presentation skills
The desire to drive innovation across the business and develop ongoing costing strategies to support business needs
A strategic mindset with a proven track record of achieving performance milestones

Responsibilities

Analyze current product/service/expense spend across the business including clinic operations and corporate costs to identify areas for cost savings
Determine average spend per clinic across various expense categories and establish parameters/guidelines for spend
Monitor and track spend on a regular basis and investigate variances as necessary
Meet with operations and cost centre leads to understand procurement needs, and to identify and evaluate vendors based on a set of criteria/scorecard to select the best vendor
Develop and executes comprehensive procurement strategies aligned with the company’s goals and objectives
Provide updates to the VP Finance and broader leadership team on procurement strategies and initiatives and escalates risks/decisions as required
Meet with the leadership team to plan cost-driven initiatives and annual building blocks
Identify opportunities for improvements and cost savings in procurement operations through streamlining of processes and consolidation of the supply chain
Build and maintain strong relationships with suppliers, negotiating favourable terms, contracts and agreements
Source new suppliers and evaluate their capabilities, quality and reliability
Initiate and own the vendor Request for Proposal (RFP) process to source products/services
Maintain all product/service/expense contracts
Serve as first touchpoint with vendors for all cost-related troubleshooting
Collaborates with business teams to resolve major inventory issues as they arise i.e. over-orders, short shipments
Forecast demand and coordinate with suppliers to ensure timely replenishment
Facilitation where needed on major vendor stock supply chain issues
Conduct and review post-mortem analysis on the effectiveness of vendor management and procurement, and identifies opportunities for improvement
Participate in the annual planning and monthly forecasting process providing inputs
Liaise with enterprise procurement, finance and legal teams leveraging best-case practices as necessary
Serve as first point of contact for procurement with operations, clinics and corporate cost centre leads on a regular basis