Procurement Specialist

Job summary

The Procurement Specialist manages the end-to-end purchase requisition to purchase order process and ensures supply availability to meet business demands. They are also responsible for onboarding new suppliers and delivering financial value through cost savings and value optimization projects.

Job details

Cronos Group is an innovative global cannabinoid company with international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is building an iconic brand portfolio. Cronos Group’s portfolio includes PEACE NATURALS®, a global health and wellness platform, adult-use brand Spinach®, and Lord Jones®. At Cronos Group, we hire talented people who thrive on solving difficult problems and give them the opportunity to hone new skills and approaches. If you want to play a part in shaping an innovative industry and help build a historically significant company, we want to meet you. The Procurement Specialist is responsible for converting purchase requisitions (PR) into purchase orders (PO) and managing all purchase orders to closure. This role manages the purchase order process which includes; training requisitioners on how to properly submit PR’s, validating PR accuracy, creating PO’s, issuing PO’s per the DOA policy, updating PO’s (as needed), tracking PO’s to delivery, assisting accounts payable team to ensure a 3-way match, and closing out matched PO’s. This role will be responsible for managing tiered price lists with strategic vendors and for managing the accuracy in $100M in annual purchases. To be successful in this role, the Procurement Specialist will need to work closely with the supply and demand planning teams located in Stayner, Ontario to ensure PO’s are issued accurately, timely, expedited when needed, and supply is available to meet the business demands. This role leads supply assurance efforts and delivers financial value to the business through the execution of cost savings and value optimization projects. Cronos is a fast-paced company in a growing industry so this role must be flexible and ready to support the rapid launch of new products. This position will report to the Director of Procurement and will be based in Stayner, ON. What you’ll be doing: * Managing the PR to PO creation process includes training requestors, validating PR’s, creating PO’s, issuing PO’s via the appropriate approval chain (DOA), updating the PO as needed, tracking the PO to delivery, and assisting the business and accounts payable to ensure a 3-way match, and PO closure (Indirect PO’s). * Partner with cross-functional stakeholders in Supply Chain, Operations, and Sales to ensure the appropriate supply is available to meet all business demands. * Lead the due diligence, qualification, and on-boarding of all new suppliers. * Deliver financial value through cost savings and value optimization projects. * Build in-depth knowledge on SAP and become the SAP purchasing subject matter expert, updating “how to” documentation, and leading SAP training sessions with key stakeholders. * Backup other Procurement Specialists, creating redundancy, and ensuring the procurement KPI’s are met by delivering timely and accurate PO’s You’ll need to have: * 1-3 years of experience in purchasing, procurement, or supply chain. * College degree required, ideally focus on Supply Chain Management, Business Administration, Finance, or other related field. Relevant certifications (e.g., CPP, CPSM) are a plus. * Ability to work in a fast-paced environment across multiple workstreams. * Strong business acumen, analytical and problem-solving capabilities. * Exceptional organizational skills and attention to detail is required. * Demonstrated abilities as a procurement specialist/buyer with experience in SAP purchasing system. * Highly effective written and oral communication skills with ability to present complex information to varied audiences. * Knowledge of sourcing fundamentals and ability to lead RFP’s with tight deadlines * High level of proficiency in Excel, Word, PowerPoint, Outlook, and Teams. Salary range: $65,000 - $75,000 (Stayner, Ontario*) per year The actual compensation offered will be based on factors such as the candidate’s experience, skills, qualifications, geographic location, applicable market data, internal equity, and business needs, and may vary within the stated range. This role may be eligible for bonus, incentive compensation, or other variable pay in accordance with applicable company plans." We are committed to fostering a diverse and inclusive work environment, and we welcome and encourage applications from people with disabilities and people with diverse backgrounds, identities, and cultures. For candidates with disabilities, accommodations are available upon request in all phases of the selection process.

What you’ll do

The Procurement Specialist manages the end-to-end purchase requisition to purchase order process and ensures supply availability to meet business demands. They are also responsible for onboarding new suppliers and delivering financial value through cost savings and value optimization projects.

Requirements

Candidates need 5-7 years of experience in purchasing or supply chain and a college degree in a related field. Proficiency in SAP purchasing systems and strong analytical skills are required.

Benefits

• Bonus • Incentive Compensation • Variable Pay

Listed skills

• Supply chain management · Preferred
• Microsoft Excel · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Procurement
• SAP
• Purchase Order Management
• Supply Chain Management
• Vendor Management
• RFP Leadership
• Analytical Problem Solving
• Microsoft Excel
• Cost Savings Execution
• Stakeholder Management
• 3-Way Match
• Sourcing Fundamentals

Job areas

• Logistics
• Manufacturing
• Finance & Accounting
• Administrative