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Senior Manager, IT Sourcing & Vendor Management - Job Opportunity at Magna International Inc.

Aurora, Canada
Full-time
Senior
Posted: February 25, 2025
Hybrid
CAD 150,000 - 180,000 annually based on role seniority and market conditions in the Greater Toronto Area

Benefits

Discretionary performance program
Comprehensive development resources
Global career opportunities
Industry-leading technology exposure
Competitive benefits package

Key Responsibilities

Lead global IT sourcing strategy and vendor management initiatives
Develop and execute category and sub-category plans aligned with business strategy
Manage vendor relationships and negotiations for IT contracts
Drive cost optimization while balancing risk and agility
Oversee market intelligence gathering and analysis
Lead cross-functional teams and stakeholder engagement

Requirements

Education

Bachelor's degree in business management, supply chain, information technology or a related field

Experience

Ten or more years in IT sourcing and/or procurement and/or vendor management, with at least five years as an IT sourcing or category manager

Required Skills

Strong analytical and negotiation skills Knowledge of global IT product and services market trends Relationship-building and communication skills Technology contract expertise Conflict management abilities Results focus

Certifications

NISCL CPSM CIPS APICS CSCP (preferred but not required)
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Sauge AI Market Intelligence

Industry Trends

Digital transformation is driving increased demand for strategic IT sourcing roles, particularly in manufacturing sectors where Industry 4.0 initiatives require sophisticated vendor management Sustainability considerations are becoming integral to IT procurement strategies, reflecting broader ESG trends Vendor consolidation and strategic partnerships are replacing traditional transactional relationships in enterprise IT

Role Significance

Typically leads a team of 5-8 sourcing professionals with matrix management of stakeholders across IT and business units
Strategic leadership position with significant influence on IT cost management and vendor relationships across a global organization

Key Projects

Enterprise-wide IT vendor consolidation initiatives Strategic sourcing transformation programs Digital procurement platform implementations Vendor risk management framework development

Success Factors

Ability to balance cost optimization with risk management in a global manufacturing context Strong stakeholder management skills across cultural and organizational boundaries Deep understanding of IT services market dynamics and vendor landscapes Strategic thinking combined with operational execution capabilities

Market Demand

High demand with growing importance as organizations focus on digital transformation and vendor relationship optimization

Important Skills

Critical Skills

Strategic vendor relationship management in complex manufacturing environment Advanced negotiation skills for large-scale IT contracts Cross-functional leadership in matrix organization

Beneficial Skills

Industry 4.0 knowledge Sustainability and ESG expertise Change management capabilities Data analytics proficiency

Unique Aspects

Rare opportunity to influence IT strategy in a global automotive technology leader
Combination of traditional manufacturing and cutting-edge mobility technology exposure
Significant international exposure with travel requirements

Career Growth

Typical progression to director level within 3-5 years based on performance and organizational growth

Potential Next Roles

Director of Global IT Procurement VP of Supply Chain Chief Procurement Officer Head of Vendor Strategy

Company Overview

Magna International Inc.

Magna International is one of the world's largest automotive suppliers, focusing on mobility technology and innovation

Leading position in automotive technology with significant global presence and strong financial performance
Strategic role based in Canadian headquarters with global scope and influence
Innovation-focused environment with entrepreneurial mindset and strong emphasis on technological advancement
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  • Salary estimates and market demand analysis
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