Sourcing Manager
Description
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 Sourcing Manager is responsible for the assessment, sourcing, and development of third-party Co-Manufacturers to support the rapid launch of new products. This role develops the overall Co Manufacturing strategy, leads the assessment of third-party capabilities (production, technology, capacity, and quality), and drives the “make or buy” decision to optimize capital investments and production costs. This role proactively engages with cross functional stakeholders across global business units to successfully outsource products to support the delivery of business objectives. This role leads supply assurance efforts and delivers financial value to the business through the execution of cost savings and value optimization projects. Other key responsibilities include contract negotiations, vendor due diligence, compliance, and supplier relationship management.
This position is based out of Stayner, Ontario.
What you’ll be doing:
- Develop and drive the Company’s Sourcing and Co-Manufacturing strategy in support of company business objectives. Build in-depth knowledge on Co-Manufacturing market dynamics, emerging technologies, and competitive landscape.
- Lead the capability assessment, sourcing, and development of third-party Co-Manufacturers to enable the rapid launch of new products in support of the company’s growth agenda.
- Lead the cross functional team to arrive at “make or buy” decisions to optimize capital investments and production costs
- Lead vendor due diligence, qualification, and on-boarding
- Lead contract negotiations (pricing, commercial terms) to ensure effective supply, risk management, and business continuity
- Drive Co-Manufacturer compliance with GMP and regulatory requirements, Quality, and continuous improvement
- Manage cross functional stakeholders across global business units, including effectively partnering with senior level stakeholders to align on company priorities and needs.
- Deliver financial value through cost savings and value optimization projects
- Manage supplier relationships, including business, scorecard, and KPI reviews
You’ll need to have:
- 7+ years in procurement across the following categories: Sourcing and/or Co-Manufacturing
- University degree or College diploma required
- Certified professional procurement designation or equivalent preferred
- Strong understanding of manufacturing in a Consumer Goods or Pharma setting is desired
- Ability to work in a fast-paced environment across multiple workstreams
- Capable of managing and influencing stakeholders in an indirect/project type manner
- Demonstrated abilities in strategic sourcing, contract negotiations, and vendor management
- Strong business acumen, analytical and problem-solving capabilities
- Exceptional organizational skills and attention to detail is required
- Highly effective written and oral communication skills, including presenting complex information to varied audiences
- Experience in SAP/ERP; High level of proficiency in Excel, Word and PowerPoint
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.