Sourcing Specialist

Masco Corporation • St. Thomas, ON

7d • CA$52,500 - CA$82,720 • Onsite

About The Position

Masco Canada is seeking a Sourcing Specialist to join their team in St. Thomas, ON. This role involves sourcing suppliers and products globally, managing supplier relationships and performance, conducting RFQ and cost analysis, and leading new product development initiatives. The Sourcing Specialist will collaborate with internal stakeholders to define sourcing needs, develop processes, and provide supplier coaching. The position reports to the Sourcing Manager.

Requirements

• At least 3+ years relevant supplier and product sourcing experience in manufacturer, buying office / trading /manufacturing industries.
• Work independently, solve problems and take ownership on initiatives with creative out of the box thinking
• Collaborative, relationship builder, quick learner, highly organized, result oriented, ability to manage multiple tasks simultaneously and work with ambiguity
• Strong business acumen, data driven and analytical thinker
• Experience sourcing Mechanical and Electrical products and their development, an asset
• Experience in Business and New Product development Sourcing practices and initiations
• Understanding and experience with Total Cost of Ownership.
• Sourcing and business management networks will be considered an asset.
• Understanding of engineering design and manufacturing fundamentals.
• Understanding new product development flow, Stage Gate process, an asset.
• Experience using ERP, MRP, Oracle, SAP
• Proficiency in Microsoft Office applications (Excel, Word, Power BI and PowerPoint) and Smartsheet are required.
• The ideal candidate will have Supply Chain or Business Management Certification or Diploma or 5 years of direct strategic sourcing experience in a manufacturing environment.
• Equivalent combination of education and experience would also be considered.
• The candidate should be able to travel domestically and overseas

Nice To Haves

• Experience sourcing Mechanical and Electrical products and their development
• Understanding new product development flow, Stage Gate process
• Sourcing and business management networks

Responsibilities

• Direct import purchasing
• Facilitate one-stop supplier and product sourcing solutions - OEM, ODM, new technology, innovation for new product development
• Manage supplier life cycle process from introduction to phase out, develop and continuously enhance relationships with supplier in day-to-day communication with comprehensive sourcing skillset
• Manage supplier performance by using supplier scorecard and performance management tools, lead the corrective action process meeting with suppliers until actions have been completed.
• Support sourcing strategy execution through supplier sourcing optimization
• Manage supplier RFQ and business award analysis
• Conduct department data analysis, reporting and lead Power BI initiatives
• Sourcing responsibilities include a focus on Supplier relationship management, price, contract/T&C negotiations, supply sustainability, and preparation of future sourcing initiatives for the specific category
• Actively implement and identify cost saving opportunities while work closely with Engineering on Value Engineering direct and indirect costs
• Acts as the contact for internal stakeholders in identifying sourcing needs for new product development and understanding procurement policies, processes, and requirements.
• Participate and manage cross-functional activities including as sourcing lead for assigned category
• Perform new and existing supplier assessments with Corporate Audit teams.
• Ensuring governance and customer specific compliances are core function of supply base, ensure no risk to product quality, supply and overall liability.
• Understand and analyze market intelligence/ conditions to determine optimal leverage for Masco.
• Establish partnership and strong relationships with internal and external stakeholders (Suppliers).
• Work closely with overseas counterparts to ensure alignment in sourcing initiatives.
• Travel is required, up to 40%, to maintain close management and relationships with suppliers.

Benefits

• Competitive Rewards and Compensation
• Defined Contribution Registered Pension Plan (optional) with employer matching
• Deferred Profit-Sharing Plan (DPSP)
• Benefit insurance coverage from Day 1, including health, dental, and travel insurance
• Employee Assistance Program (Dialogue) – access to health and wellness resources
• Employee Store, Employee Purchase Program, Dell Discount Program, GoodLife Fitness Discounts, and more
• 2 paid volunteer days to support the communities we live and work in
• Opportunities for development and growth, including Onboarding, Buddy and Mentoring programs, LinkedIn Learning, and other virtual and in-class learning opportunities
• Participation in employee-led committees such as the Wellness Committee, Masco United (Inclusion & Belonging Committee), Philanthropy Committee, Organizational Pulse Committee, or employee impact groups

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree