Procurement Specialist
- Toronto, ON, Canada
- Greater Toronto Area, Canada, Canada
$35 to $50 CAD / hour · Contract
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Job details
- Pay
- $35 to $50 CAD / hour
- Job type
- Contract
- Apply by
- Experience
- 2-4 years of experience in procurement, sourcing, category management, vendor management, or a related business discipline.
- Posting language
- English
- Posted
Original job description
As a Procurement Specialist, you will support sourcing, contracting, and vendor management activities while helping stakeholders secure the products and services needed to achieve business objectives. This role offers hands-on exposure to procurement strategy, RFx processes, contract negotiations, spend management, and vendor performance oversight in a collaborative environment
Client Details
Our client operates in the Real Estate and Property industry in Toronto and they ask team members to work on site 4 days per week.
Description
- Collaborate with stakeholders across the organization to understand business requirements and support procurement strategies that align with organizational objectives.
- Support the development of RFPs, RFQs, and RFIs for procurement initiatives.
- Collaborate with cross-functional teams to review vendor responses and make recommendations for vendor selection.
- Conduct market research to support procurement decisions and identify cost-saving opportunities through strategic sourcing, volume discounts, and alternative procurement methods.
- Monitor vendor spend and proactively identify opportunities to improve cost-effectiveness.
- Liaise with vendors during contract negotiations to help secure favorable commercial and service terms.
- Review and analyze contract terms and conditions to mitigate risk and ensure alignment with organizational standards and objectives.
- Maintain contract management records to track contract expirations, renewals, and compliance obligations.
- Identify opportunities to optimize procurement processes through automation and AI-enabled tools.
- Work with stakeholders including legal, privacy, security, audit, finance, and business teams to ensure contractual terms align with organizational requirements and policies.
- Monitor vendor performance and resolve issues or concerns as required.
- Manage multiple vendor relationships across technology and professional service categories.
- Develop and execute vendor and stakeholder satisfaction surveys and analyze results.
- Track and analyze vendor performance metrics and reporting.
MPI does not discriminate on the basis of race, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, or based on an individual's status in any group or class otherwise protected under applicable human rights legislation. MPI encourages applications from minorities, women, the disabled and all other qualified applicants
Profile
A successful 'Procurement Specialist' should have:
- Bachelor's degree or higher: Business, Commerce, Supply Chain, or related field preferred.
- 2-4 years of experience in procurement, sourcing, category management, vendor management, or a related business discipline.
- Demonstrated ability to identify process improvements, support sourcing initiatives, and contribute to cost optimization efforts.
- Experience supporting RFx processes and participating in competitive sourcing activities.
- Strong interpersonal, communication, and relationship management skills.
- Proven ability to collaborate with cross-functional stakeholders and build effective working relationships.
- Strong project management, organizational, and time management abilities.
- Strong stakeholder engagement and relationship-building capabilities.
- Ability to develop and maintain productive vendor relationships.
Job Offer
- 12 month initial contract with possibility of extension and/or internalization.
- Hourly rate aligns with salary range of $80000 to $100000 CAD.
- Career development through broad exposure to technology procurement, stakeholder management, and strategic vendor relationships.
- Opportunity to influence procurement strategy and vendor selection decisions across the organization.
If this role aligns with your experience, we encourage you to apply.
This role may use AI‑assisted tools to support initial screening. All assessments and decisions are made by a human reviewer.
MPI does not discriminate on the basis of race, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, or based on an individual's status in any group or class otherwise protected under applicable human rights legislation. MPI encourages applications from minorities, women, the disabled and all other qualified applicantsMore about this job
Responsibilities
Support sourcing, RFx activities, contract negotiations, and vendor management across technology and professional services, working with stakeholders to meet organizational requirements. Monitor spend and vendor performance, maintain contract records, identify cost-saving and process-improvement opportunities, and help ensure contracts align with organizational policies and mitigate risk.
Requirements
A bachelor's degree or higher in business, commerce, supply chain, or a related field is preferred, along with 2–4 years of relevant procurement, sourcing, category management, or vendor management experience. Candidates should have experience supporting competitive sourcing and RFx processes, strong communication and relationship-building abilities, and effective project, organizational, and time-management skills.
Skills
- Procurement
- Strategic Sourcing
- RFx Processes
- RFP Development
- RFQ Development
- RFI Development
- Contract Negotiation
- Contract Management
- Vendor Management
- Spend Management
- Market Research
- Cost Optimization
- Vendor Performance Monitoring
- Stakeholder Engagement
- Project Management
- Process Improvement
Benefits
- Career Development
- Opportunity To Influence Procurement Strategy And Vendor Selection
Visa sponsorship
Not detected in the job text
Categories
- Logistics
- Management & Leadership
- Finance & Accounting
- Technology
Keywords
- Procurement
- Real Estate
- Property
- Strategic Sourcing
- RFP
- RFQ
- RFI
- Competitive Sourcing
- Contract Negotiation
- Contract Management
- Vendor Management
- Technology Procurement
- Professional Services
- Spend Management
- Market Research
- Volume Discounts
- Cost Optimization
- Vendor Performance
- Contract Compliance
- Risk Mitigation
- Process Automation
- AI-Enabled Tools
- Stakeholder Management
- Privacy
- Security
- Audit
- Finance
- Satisfaction Surveys
- Performance Metrics