With a legacy that spans over 100 years, Stelco is a company that has grown along with Canada and its global partners. We understand that twenty-first century competition demands the highest quality products, period. So, Stelco is bringing together the people, technology, and unmatched market knowledge to, once again, take on that challenge from here at home.
Commodity Specialist/ Manager – Indirect Procurement
Reports to: Director- Indirect Procurement
Job Type: Full Time
Location: Hamilton Or Nanticoke ON
Salary Range : Minimum base salary $95,000; actual pay rate and job title commensurate with experience
About the role
At Stelco, the Commodity Manager – Indirect Procurement, is responsible for the overall management and performance of a specific set of commodities and vendors to support Operations in a 24/7/365 environment.
Commodities may include various types of equipment, supplies, and services, professional, maintenance (including heavy industrial), technical, and emergency services, consumables, capital and miscellaneous expenditures, repair and operations goods and services.
The Commodity Manager collaborates with internal customers, suppliers, and businesses to perform strategic sourcing, including vendor evaluation and selection, RFXs, basic/advanced quantitative and qualitative analysis, and vendor negotiations.
This position reports to the Director of Indirect Procurement, and has no direct reports.
This is an existing vacancy
Responsibilities
Meet and exceed assigned performance goals, including cost savings, working capital, and efficiency improvements in order to support overall Indirect Procurement department goals.
Perform strategic sourcing activities, including but not limited to, data collection and review, market and vendor evaluation, contract negotiation and execution, monitoring compliance and performance.
Issue RFXs as required; conduct supplier proposal analysis, negotiations, awards, and implementations.
Considerable interaction with internal customers to understand requirements and identify and implement solutions and cost savings initiatives.
Monitor and manage supplier performance and keep Operations abreast of potential supply chain risks.
Manage interactions between internal groups (Operations, Transportation, Materials Management, etc.) for efficient and timely ordering and delivery of goods and services.
Support teams in conducting negotiations with financial/bid analysis.
Attend conferences, forums, demonstrations and exhibits to maintain professional competence and to keep current with technical literature
Constantly sourcing and evaluating new innovative suppliers’ abilities and capacities within assigned commodities
Occasional travel domestically and internationally, alone or in a group, will be required.
Qualifications and Experience
Degree in Business Administration, Supply Chain Management, or related fields
Preferably MBA or equivalent
NISCL-CSCL/CSCMP designation or equivalent is a strong asset
10 years of experience in a procurement function, at least 5 years in strategic roles (sourcing, commodities, vendor management)
A valid Ontario Driver’s License and vehicle
Job Skills and Knowledge
Working knowledge of commodity management is a must
Proficient knowledge of contract negotiations
Ability to develop formal reports and presentations for senior management
In-depth experience with the procurement of assigned specific commodities is preferable and/or ability to fast acquire such knowledge for unfamiliar commodities
Development and implementation of sourcing strategies, procurement, and process flow throughout the organization
Stay current on market trends and evolving technology to proactively identify supply threats and opportunities to ensure continuity of supply and maximize emerging opportunities
Ability to identify potential supply chain risk and implement risk mitigation strategies
Working knowledge of financial analysis, tools, terms and indices relevant to assigned commodities,
e.g. NPV, lease vs buy, working capital improvement, payback, market pricing volatility
An understanding of future curve pricing and hedging is a bonus
Comprehension of supply chain complexity and its integration into overall business process
Practical knowledge of the tools for increasing negotiation leverage and buying power
Research and anticipate shifts in the negotiating power of suppliers
Ability to engage supplier in collaborative projects on efficiency improvement and TCO reduction
Anticipating and solving potential supply chain problems
Ability to process, manipulate, and analyze large amount of relevant data, to understand and evaluate supplier performance and recognize improvement opportunities
General and personal skills
Advanced knowledge of Excel, Word, PowerPoint, and MS Windows environment
Knowledge in ERP software; familiarity with MS D365 is an asset
Capability as a strategic thinker who is action-oriented, results-oriented, and driven to succeed
Understanding of market dynamics and sound business judgement
Continuously seeking the opportunity for innovations and improvements within assigned authority
Ability to reasonably defend own opinion and suggestions
Accuracy, attention to details, comfortable with numbers and in collecting, analyzing and interpreting data
Excellent verbal and written English communication skills, decision making, and sound judgment are a necessity, as is the ability to perform well under pressure and work effectively with all levels of management
Working knowledge of languages other than English is an asset
Your work environment
Normal office conditions, with the visits to the manufacturing facilities if required
Fast paced environment in large organization
This position is based in Hamilton, ON or Nanticoke, ON. Travel between both locations will be required on an ‘as needed’ basis
Vehicle & Drivers License is required
In accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act, Stelco is an equal opportunity employer who is committed to providing an inclusive and barrier free recruitment and selection process. Applicants should advise Human Resources if they require any type of accommodation during the recruitment process.
Among other tools and resources, we use AI-based tools to assist us in screening applicants for interviews for this position.
Sponsorship for work authorization is not available for this position. It is the candidate’s responsibility to ensure they are legally authorized to work in the location to which they apply.
Due to the volume of applications received, only applicants selected for an interview will be contacted.
a company that has grown along with Canada and its global partners. We understand that twenty-first century competition demands the highest quality products, period. So, Stelco is bringing together the people, technology, and unmatched market knowledge to, once again, take on that challenge from here at home.
#LP
