CTC's Merchandising Procurement objective is to maximize the value CTC receives for its merchandising spend on a sustainable basis. Since 2013, Procurement has supported the delivery of over $500 MM in COGS reduction benefits.Leading a team of approximately 25 people, the AVP Merchandise Procurement and Vendor Engagement is responsible for the development and execution of the strategies and tactics required to deliver on Procurement's core pillars, including best-in-class procurement capabilities and productive vendor relationships.ResponsibilitiesEstablish transparent COGS and sourcing objectives and deliver.Create and implement scalable procurement best practices utilized by Procurement, Merchandising, and the PRO, including BATNA management, deep dive financial analysis, robust negotiation game plans,



and post-mortems.Pro-actively monitor market dynamics to create scalable opportunities and risk mitigation strategies (e.G., dynamic tariffs, geo-political implications, commodity super cycles).Management of Procurement's data infrastructure, systems, and tools including Cost Controls, Vendor Financial Explorer, Should-Cost modelling, and SAP Vendor Gateway.Oversee and own specific capital IT projects related to sourcing and vendor management capabilities, including the True North Enterprise Sourcing Management (ESM) project.Governance over core controls including Quote Cost approvals, vendor fund rate adjustments, and vendor compliance with

📌 Avp, Merchandise Procurement And Vendor Engagement (Toronto)
🏢 Canadian Tire Corporation
📍 Toronto