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Category Advisor (12 month contract)

February 13 2020
Categories Transport, Logistics, Supply Chain, Purchasing, Transport, Logistics, Supply Chain, Purchasing
Toronto, ON
The Category Advisor is tasked with planning and executing the sourcing and vendor management activities underpinning the procurement of goods and services defined within particular categories - but in doing so, taking an advisory and consultative approach with end clients and stakeholders in managing across the procurement life-cycle.

Reports To: Sr. Manager, Category Management

Core Responsibilities:

The Category Advisor is tasked with planning and executing the sourcing and vendor management activities underpinning the procurement of goods and services defined within particular categories - but in doing so, taking an advisory and consultative approach with end clients and stakeholders in managing across the procurement life-cycle.

  • Lead/Manage sourcing requirements for enterprise projects. May include RFI/RFP/RFQ, supplier selection and negotiate process for suppliers as needed.
  • Execute end to end procurement lifecycle including: Executing contract negotiations, including commercial and noncommercial terms, working with internal and external legal counsel, information security and other cross functional areas of the organization to ensure contracts and agreements meet TMX policies and standards.
  • Manage day-to-day vendor relationships for productive, mutually beneficial outcomes
  • Takes a project management approach to ensure deliverables are met within the appropriate timelines.
  • Draft, review and execute agreements between TMX entities and vendors.
  • Ensure the financial health of the vendor, including all inherent risk drivers, are clearly understood and spend owners are advised accordingly, including compliance with Risk Assessment protocols/procedures developed and implemented by the Head, Procurement Operations
  • Responsible for ensuring maximum legal protection through detailed documentation and review of vendor terms and conditions
  • Responsible for accurate data and analysis in monthly and quarterly Category reports to team in monitoring market, category and competitor performance.
  • Develop clear and consistent category approaches in alignment with functional and end-client objectives, using Analysis of industry trends and conditions
  • Engage end client stakeholders to understand key priorities and provide feedback to Category management
  • Contribute to the development of improved strategic sourcing strategies
  • Evaluate risk, assess, and prepare forecasts, scenarios and other factors concerning the supply market, write reports and recommendations.
  • Lead cross functional assigned sourcing files/initiatives to include; development of sourcing approach, evaluation of suppliers, analysis of bids/proposals, and preparation/execution of contracts
  • Ensure compliance with all TMX Corporate Policies
  • Identify high impact cost reduction opportunities.
  • Resolve complex contract related issues with vendors as needed
  • Participate in the evaluation of formulation of procurement policies and procedures
  • Presents and explains sourcing decisions and pricing to internal clients, function leadership, senior management
  • Takes an account management approach to managing multiple simultaneous complex sourcing files, performing check-ins, follow up with clients and leading quarterly vendor performance reviews
  • Leverage the organization’s buying power to optimize costs, access new suppliers, reduce lead times, and guarantee supply.
  • Supervises transactions/deliverables to ensure that they are in accordance with the Contract, SoW or Purchase order and ensures that non-performance is addressed immediately and issues resolution is managed in a structured way.
  • Actively manages vendor relationships, risk mitigation (financial, business continuity, reputational, contractual, commercial) and continuous improvement to optimize value and deliver mutual benefits over the life of the relationship.
  • Develop and maintain constructive and cooperative working relationships with colleagues and management.

Competencies:

  • Delivers values to clients
  • Moves the organization Forward
  • Achieves Results
  • Collaboration as a team player
  • Agile Learner
  • Communicates Effectively
  • Manages complexity
  • Optimizes and Innovates work processes

Skills & Experience:

  • Minimum 7 years previous experience managing business unit spend categories in a large to medium sized organization, across the end-to-end procurement lifecycle
  • Strong track record of delivering Strategic Sourcing and Vendor Management Capabilities and leveraging strategic partnerships to drive enhanced value for the business
  • Outstanding negotiation and contract optimization skills
  • Outstanding relationship building, client centricity and influential skills
  • Strong track record of delivering commitments
  • Promptly being available in responding clients inquiries with sense of urgency and putting clients first
  • Strong verbal, written and presentation skills
  • Works with internal and external stakeholders in a way that drives engagement and ensures their input and support using problem solving, persuasion, and proactive communication skills
  • Adhering to principles and values
  • Relating and networking
  • Persuading and influencing
  • Applying expertise and technology
  • Learning and Researching
  • Creating and innovating
  • Formulating strategies and concepts
  • Planning and Organizing
  • Delivering results and meeting customer expectations
  • Adapting and responding to change
  • Coping with Pressures and setbacks
  • Achieving personal work goals and objectives
  • Entrepreneurial and commercial thinking

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

Apply now!