AddressMulty Home LP is a leading global manufacturer of floor covering and outdoor living products. With manufacturing and distribution facilities in Canada, Poland and the U.S.A. We are committed to sourcing sustainable or recycled material wherever possible in our production. Every year, Multy Home diverts 3 million tires and 15 million water bottles from landfill. We create beautiful, eco-friendly, useful products for homes and gardens everywhere.
Job Summary: The Material Sourcing Specialist oversees the procurement process, managing vendor relationships and strategizing procurement to meet production demands efficiently. This role involves developing commodity strategies, negotiation of supply agreements, and maintaining supplier relationships to achieve material cost savings targets.
Responsibilities:
Commodity Strategy Development
Develop strategies for assigned commodities to achieve material cost savings targets through detailed spend analysis, consolidation, and localization opportunities.
Strategic Commodity Pursuit:
Aggressively pursue the commodity strategy to ensure a competitive advantage and product cost leadership.
Adaptable Commodity Strategy:
Ensure the commodity strategy evolves to support changing market conditions and risk considerations (e.g., CUSMA, Brexit).
Project Execution and Collaboration:
Ensure the execution of key projects through close collaboration with cross-functional teams.
Purchasing Team Participation:
Participate in regular purchasing team meetings, sharing updates on KPIs, action plans, or continuous improvement ideas.
Supplier Relationship Management:
Define strategic suppliers within assigned commodities based on quality, delivery, and cost, fostering strong relationships through regular contact and on-site visits.
Global Supply Agreements:
Negotiate global supply agreements with key suppliers, including LTAs, rebates, etc.
Cost Analysis and Market Monitoring:
Develop should-cost models by product family, monitor supply markets for pricing, trends, capacities, and new developments.
Supplier Assessment and Development:
Identify potential new suppliers, assess capabilities, maintain Approved Vendor Lists (AVL), and support Supplier Development on audits/VAVE activities.
Customer Project Support:
Support new customer projects through timely quote submission to NPI/AQP teams, assessing detailed cost breakdowns and supplier recommendations.
Vendor Selection and Negotiation:
Ensure recommended supplier selection aligns with the strategic plan, negotiate commercial terms, and address technical aspects to meet targets.
Supplier Evaluation and Visits:
Visit suppliers as needed to evaluate cost, quality, efficiency, overall performance, and capabilities.
Develop strategic relationships with customers/buyers to drive “win-win” partnerships. Maximize relationships with key retail and wholesale partners and build relationships with all key stakeholders at the account level.
Qualifications:
Market Analysis and Forecasting:
Ability to research, analyze, and forecast buying trends, market conditions, and industry developments.
Experience in developing and implementing commodity strategies based on market analysis.
Supplier Management:
Demonstrated proficiency in managing supplier relationships, including identifying strategic suppliers, conducting supplier assessments, and fostering strong partnerships.
Communication Skills:
Excellent verbal and written communication skills to interact effectively with vendors, suppliers, and internal stakeholders.
Ability to negotiate and communicate commercial terms, technical aspects, and strategies with suppliers.
Analytical Skills:
Strong analytical and problem-solving abilities to assess supply chain performance, cost analysis, and process improvements.
ISO Compliance:
Understanding of ISO purchasing and receiving standards, ensuring adherence to compliance requirements.
ERP and Technical Skills:
Proficiency in using ERP software and intermediate working knowledge of tools like Excel for data analysis and reporting.
Technical acumen to manage databases, conduct cost modeling, and monitor supply markets effectively.
Education:
Certifications:
Preferred certifications such as PMAC (Purchasing Management Association of Canada) or CPIM (Certified in Production and Inventory Management) would be advantageous.
Education:
Diploma or certification in Quality Compliance
An academic background in business, supply chain management, or a related field would be beneficial.
We are an equal opportunity, and we value diversity in our workplace. We are committed to providing inclusive, barrier-free recruitment and selection process in accordance with the Human Rights Code and Accessibility Legislation. Accommodations will be provided to individuals, upon request. If selected to participate in the recruitment process and you require accommodations, please advise Human Resources.
