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Vice President, Strategic Sourcing and Procurement

Vention

Vention

Operations
Montreal, QC, Canada
Posted on Friday, July 5, 2024

Company Description

Vention helps some of the most innovative manufacturing companies automate their production floor in just a few days. Vention's online-first manufacturing automation platform (MAP) enables its clients to design, automate, order, and deploy manufacturing equipment directly from their web browser.

Vention is headquartered in Montreal, Canada, with offices in Berlin and Boston, and is used in over 3,000 factories on 5 continents. As one of Canada’s Most Admired Cultures and Great Place to Work, we are a performance driven culture that cares deeply about happiness. We like ambitious goals, facts & data, and constructive debates. But at the same time, we know that we can’t repeatedly push ourselves if we are not surrounded by an uplifting and caring work environment. Those two sides of our culture, feed each other and are safeguarded with the same level of attention. Our values & principles include:

  • We make our clients successful - we do what’s right for our customers, even when it makes our roles more challenging.

  • We execute and deliver - we set ambitious goals for ourselves and are energized about meeting them.

  • We debate, then commit - we challenge our own perspectives and ideas in pursuit of the best solutions.

  • We innovate to inspire - we value innovation in products, user experiences, and business practices.

  • We collaborate to achieve more - we work as one team to achieve more than we would on our own.

  • We empower our people to reach their full potential - we hold ourselves to high standards but know when to celebrate progress & achievements

Job Description

As part of Vention's Operations team, reporting to our COO, you will empower
and lead a team of 4, operating a global procurement network made of 70+ suppliers and 1,000+ SKUs. You will be responsible for expanding our strategic and tactical sourcing in
a fast-growth environment as well as developing our global inventory strategy
to support our OTIF target.

  • Lead cross-functional teams in the execution of strategic sourcing project and designated departmental spend reduction and process improvement initiatives
  • Responsible for sourcing and procurement
  • Manage and optimize supplier performance, including contract complianceand reduction in total cost of ownership
  • Maintain collaborative relationships with suppliers while effectively resolving performance/capability issues to ensure alignment
  • Build and own relationships with internal clients and be responsible for delivery of best-in-class strategic sourcing, contract management, negotiation, and supplier management practices
  • Meet metrics set for sourcing and procurement to ensure strategic advantage
  • Optimize inventory level for both working capital optimization and parts availability in building an adequate Open to buy tool
  • Build procedures for inventory management, ensuring right-sizing of initial inventory level on new SKUs, and subsequent purchases
  • Support supplier audits, ensuring proper capacity planning in the context of rapid growth
  • Drive master supply agreement contract negotiations across a portfolio of category
  • Work closely with a dedicated team of software developers, improving inventory planning software and underlying algorithms

Qualifications

  • You have a bachelor’s degree in Operations, Engineering or Logistics;
  • You bring 15+ years’ experience in a senior supply chain position;
  • You have experience with hardware (electronic or mechanical components);
  • You have strong communication skills and are at ease presenting to employees as well as upper management;
  • You have passion for optimizing supply chains and the ability to engage impacted stakeholders in the change;
  • You showed the ability to work in a fast-paced (next day deliveries) and high volume (parcel shipments) with energy and enthusiasm;
  • You have a strong data analytic background with the ability to run complex analysis independently of the data science team;
  • You have experience with a global distribution network with multiple warehouses in Europe, North America, and Asia;
  • You have an interest in engineering topics and are curious to learn more.

Additional Information

How We Take Care of You

  • Flexible paid time off and remote work policies
  • Complimentary beverages and snacks so that you are fueled and ready for your day
  • Global comprehensive health plans so you feel your best
  • Career growth opportunities. Your future matters.
  • Fun-filled social events curated based on diverse interests for our team to celebrate together. From sponsored sports teams to trivia nights
  • Time off to volunteer and give back to your community.

What to Expect in Your Interview

  • Initial Call
  • Meet the Team
  • Challenge
  • Decision & Offer

‍Commitment to Equal Employment Opportunity
Our culture is an uplifting environment for high achievers. The fast-paced, high-performance environment will give you the opportunity to build products, processes and strategies that will have a lasting impact.

When you join Vention, you join a team of professionals with a diverse variety of experiences, backgrounds, and perspectives. Together, we strive to nurture a supportive and inclusive work environment for all. We push each other to achieve extraordinary results and forge long term relationships as a result of the intensity and passion.
We’re passionate about helping you do your best work. Claim your seat and find out what you can do!

If you're unsure if your experience perfectly matches our job posting, we encourage you to apply anyway! We are happy to chat and get to know you better while you can understand the role as well.