Description

Cronos Group is an innovative global cannabinoid company with activities on multiple 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, as well as two adult-use brands 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 Specialist will play a crucial role in identifying and securing high-quality suppliers and materials essential for our cannabis goods manufacturing processes. The ideal candidate will possess strong analytical skills, excellent negotiation abilities, and a deep understanding of sourcing strategies and supply chain dynamics.

This position is onsite in Stayner, Ontario. 

Key Responsibilities:

• Supplier Identification and Evaluation: Research and identify potential suppliers for various materials and components required for cannabis goods manufacturing.
• Evaluate and qualify suppliers based on quality, cost, reliability, and compliance with industry regulations.
• Utilize and maintain a database of qualified suppliers and assess their performance regularly.
• Sourcing Strategy Development: Coordinate sourcing strategies to ensure a consistent and cost-effective supply of materials.
• Analyze market trends, pricing, and supply chain dynamics to make informed sourcing decisions.
• Collaborate with procurement and production teams to align sourcing strategies with manufacturing needs and production schedules.
• Supplier Negotiation and Relationship Management: Assist in negotiations of terms and conditions with suppliers to secure favorable pricing, quality standards, and delivery terms.
• Maintain strong relationships with key suppliers to ensure reliable supply and address any issues that arise.
• Monitor supplier performance and conduct regular reviews to ensure adherence to agreed-upon standards and service levels.
• Pricing Management: ERP Integration: Utilize the company’s ERP system to manage and update pricing information for materials and supplies.
• Ensure that pricing data is accurately reflected in the system and aligns with negotiated supplier agreements.
• Pricing Analysis: Monitor and analyze pricing trends and cost changes through the ERP system. Assess the impact of price fluctuations on overall procurement budgets and supply chain costs.
• Cost Reconciliation: Reconcile supplier invoices and pricing discrepancies using the ERP system. Ensure that pricing adjustments are accurately processed and documented.
• Reporting: Generate and review pricing reports from the ERP system to track cost performance, identify savings opportunities, and inform decision-making.
• Compliance and Quality Assurance: Ensure that all sourcing activities comply with industry regulations and company standards, including cannabis-specific requirements. Work closely with quality assurance teams to verify that materials meet quality and safety standards before acceptance.
• Address and resolve any quality issues with suppliers and implement corrective actions as needed.
• Cost Management and Reporting: Analyze and monitor sourcing costs and identify opportunities for cost reduction and efficiency improvements.
• Assist in preparing regular reports on sourcing activities, supplier performance, and cost savings to management.
• Assist in budget planning and forecasting for sourcing-related expenses.
• Inventory and Supply Chain Coordination: Collaborate with inventory management and supply chain teams to align sourcing activities with inventory needs and production schedules.
• Adjust sourcing plans based on changes in demand, production schedules, or supply chain disruptions.
• Participate in cross-functional meetings to ensure effective coordination of sourcing activities with overall business operations.
• New Projects and Initiatives: Support new projects by sourcing materials and suppliers in accordance with project requirements and timelines.
• Assist in the evaluation and selection of suppliers for new product launches or process improvements.
• Manage procurement deliverables related to new projects, ensuring timely and accurate fulfillment of material needs.
• Team Collaboration: Work closely with procurement, production, and quality assurance teams to ensure alignment of sourcing activities with overall company goals.
• Participate in team meetings and contribute insights to enhance sourcing strategies and operational efficiency.

You’ll need to have:

• Post Secondary Education in Supply Chain Management, Business Administration, or a related field.
• Bachelor's Degree and/or relevant certifications (e.g., CPSM) are a plus.
• 4+ years’ experience as a Sourcing Specialist or buyer role or similar role in procurement, preferably in the cannabis industry or a regulated sector.
• Strong knowledge of sourcing principles, supplier evaluation, and negotiation.
• Familiarity with cannabis industry regulations and compliance requirements.
• Experience with ERP systems and pricing management within such platforms.
• Excellent communication, negotiation, and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Proficiency in sourcing software and Microsoft Office Suite.

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.