Strategic Sourcing Specialist

Strategic Sourcing Specialist

About Coolit Systems Inc.

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 distinctions 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. 

What You’Ll Do:

Role:

As a vital member of our Strategic Sourcing team, you'll collaborate closely with the Category Manager, playing a key role in shaping our sourcing strategy and ensuring a robust and efficient procurement process. This is your opportunity to dive into supplier management, contract negotiations, and exciting category-specific projects.

This role is perfect for a proactive and analytical individual with a knack for building strong relationships, tackling interesting custom projects, and making a tangible impact on the future of scalable computer cooling solutions. Reporting directly to the Director of Strategic Sourcing, you'll have the autonomy to own your work and contribute meaningfully to our continued success.

Responsibilities:

• Shape Our Sourcing Future: Partner with the Category Manager to implement and refine smart sourcing strategies that adapt to market trends and seize supply opportunities.
• Elevate Supplier Partnerships: Support the ongoing management of our valued suppliers, ensuring they consistently meet our high standards for performance, quality, and compliance. You'll help track their progress and drive continuous improvement.
• Master Contract Management: Assist in crafting and renewing agreements that deliver exceptional value in terms of cost, quality, and smooth operations. This includes managing supplier contracts, ensuring policy adherence, and negotiating favorable terms.
• Harness the Power of Data: Maintain accurate supplier information in our systems (like NetSuite) and generate insightful reports to track performance, pricing, and contract status.
• Drive Savings and Efficiency: Help identify and implement strategic sourcing initiatives, supplier negotiations, and continuous improvement projects to unlock cost savings and boost efficiency.
• Fuel New Product Innovation: Support the sourcing needs for exciting New Product Introduction (NPI) projects, identifying, evaluating, and securing the best materials and services on time and within budget.
• Collaborate Across CoolIT: Partner with our talented teams in Supply Chain, Engineering, and Program/Project Management to ensure everyone is aligned on sourcing requirements and project timelines.
• Become a Market Expert: Conduct thorough market research to stay ahead of trends, identify potential new suppliers, and discover exciting sourcing opportunities.
• Uncover the Best Suppliers: Assist in identifying and evaluating potential suppliers, leveraging market insights, performance data, and cost analysis. You'll turn complex data into actionable strategies for procurement and supplier management.

Who You Are:

Basic Qualifications:

• Experience: 3-4+ years of proven success in strategic sourcing, procurement, or supply chain management.
• Education: A post-secondary degree in Supply Chain Management, Business, or a related field.
• Sourcing Savvy: Hands-on experience in sourcing, evaluating suppliers, and managing contracts across a diverse supplier base.
• Analytical Prowess: A strong ability to analyze data, assess supplier performance, and contribute to impactful cost-saving strategies.
• Systems Skills: Familiarity with procurement systems (NetSuite or similar) and the Microsoft Office Suite, especially Excel.

Preferred Qualifications:

• Relevant certifications like SCMP or CPSM.
• Experience navigating global supplier networks and international sourcing.
• Some experience in negotiating supplier agreements.
• Understanding of technical specifications and industry-specific procurement in a technical environment (Engineering, NPI, Manufacturing).

Skills:

• Meticulous & Strategic: You have a keen eye for detail in data, contracts, and reporting, combined with a strategic approach to sourcing.
• Exceptional Communicator: You can communicate clearly and professionally with both external suppliers and internal teams.
• Proactive Problem Solver: You're not afraid to identify challenges and come up with innovative solutions to improve our sourcing strategies.
• Team Player: You thrive in a collaborative environment and enjoy supporting your colleagues.
• Master of Time Management: You can juggle multiple tasks, prioritize effectively, and meet deadlines in our fast-paced environment.
• Highly Adaptable: You embrace change and can thrive in a dynamic and evolving business landscape.
• Relationship Builder: You have strong interpersonal skills and can build effective working relationships with a diverse group of professionals.

Why Coolit?

We strive to be an employer of choice and as such we believe in rewarding our employees with career and development opportunities that will maintain and strengthen our culture while aligning to our vision and values.

Benefits

We are a company that is full of vibrant, innovative people who love what we do. Our comprehensive benefits package includes:

• Vacation and flex days, and paid company-wide shutdown during the holiday season.
• Comprehensive benefits including Dental, Drugs, Optical, Paramedical and Health Spending. These costs are covered by CoolIT and are enacted from your first day.
• Dress for your day – in a casual yet professional environment.
• Retention rewards like “The Big Coffee Break” that reward tenure with additional vacation time and a monetary bonus.
• Employee ownership program.

We thank every candidate in advance, however, only those selected for an interview will be contacted.

Successful candidates for this position will be required to undergo background checks including criminal records check and education.