Strategic Sourcing Specialist

What You Will Do

• Collaborate with the Category Manager to execute and refine category sourcing strategies based on business needs, market trends, and supply opportunities.
• Support supplier relationship and performance management to ensure suppliers meet performance expectations, quality standards, and business and regulatory requirements. Contribute to supplier scorecards, cost-of-poor-performance assessments, and cost-recovery activities.
• Assist with the creation, negotiation, management, and renewal of supplier agreements that deliver cost, quality, and operational value while ensuring compliance with company policies.
• Maintain supplier information in procurement systems, including NetSuite, and prepare reports that track supplier performance, pricing trends, and contract status.
• Identify opportunities for cost savings and process improvements through strategic sourcing, supplier negotiations, and continuous-improvement activities.
• Support New Product Introduction requirements by identifying, evaluating, and sourcing materials, parts, components, assemblies, and services in a timely and cost-effective manner.
• Collaborate with Supply Chain, Engineering, and Program and Project Management teams to align sourcing requirements with project timelines.
• Conduct market research to identify industry trends, potential suppliers, and new sourcing opportunities within assigned categories.
• Identify and evaluate potential suppliers using market analysis, supplier performance information, and cost assessments. Analyze complex, high-volume data to develop actionable insights for procurement and supplier management.

Minimum Qualifications

• Three to four years of experience in strategic sourcing, procurement, or supply chain management.
• Experience with sourcing, supplier evaluation, and contract management across a diverse supplier base.
• Demonstrated ability to analyze data, evaluate supplier performance, and contribute to cost-saving strategies.
• Familiarity with procurement systems such as NetSuite or a comparable platform.
• Proficiency with Microsoft Office, particularly Excel.

Preferred Qualifications

• Bachelor’s degree in Mechanical Engineering.
• SCMP, CPSM, or another relevant procurement or supply chain certification.
• Experience working with global supplier networks or international sourcing.
• Experience negotiating supplier agreements and contracts.
• Understanding of technical specifications and industry-specific procurement practices, including the ability to interpret technical drawings and specifications.
• Experience in an engineering, prototype-build, New Product Introduction, or manufacturing environment.
• Strong attention to detail and accuracy in data management, contract administration, and reporting.
• Clear and professional communication skills when working with suppliers and internal stakeholders.
• Strong analytical, critical-thinking, and problem-solving skills, with a proactive approach to identifying challenges and recommending solutions.
• Ability to build collaborative relationships and work effectively with a diverse group of professionals.
• Ability to manage multiple priorities, adapt to evolving business needs, and meet deadlines in a fast-paced environment.
• We thank every candidate in advance; however, we will contact only those selected for an interview. Please note: immigration sponsorship is not available for this role.
• Successful candidates for this position will be required to undergo background checks, including criminal record checks and education verification.
• ABOUT COOLIT, AN ECOLAB COMPANY
• Founded in Calgary, Alberta in 2001, CoolIT Systems is the leading Direct Liquid Cooling technology provider for data centers, supercomputers, and desktop computers. We design and manufacture solutions used by the largest tech companies globally.
• Recognized as one of “The Americas’ Fastest Growing Companies 2023” by Financial Times and honored with the Deloitte Fast 50 Clean Technology award in 2022, as well as the Deloitte Fast 500 distinction in both 2021 and 2022, CoolIT's rapid growth is capturing global attention.
• As demand for generative AI, high-performance computing and cloud solutions rapidly expands, there has never been a more exciting time to join our team.
• During pre-screening, we may use an AI tool, supported by human oversight, to efficiently manage tasks such as resume screening and/or interview scheduling. All hiring decisions are made by human reviewers.
• Successful candidates will be required to undergo pre-hire background checks as a condition of employment.

ABOUT COOLIT, AN ECOLAB COMPANY