Sourcing Manager

Hydrostor; Toronto; Hybrid; CAD 85,000 - 110,000; Full time

Job summary

Hydrostor, a leader in Advanced Compressed Air Energy Storage systems, seeks a Sourcing Manager in Toronto. This pivotal role involves leading sourcing strategies for mechanical and electrical equipment, ensuring timely delivery, and optimizing costs while collaborating with cross-functional teams. Join us in driving the clean energy revolution.

Qualifications

• 5+ years of experience in sourcing, procurement, or program management.
• Strong knowledge of mechanical and electrical components.
• Proven track record of supplier selection and contract negotiation.

Responsibilities

• Develop and execute the sourcing strategy for mechanical and electrical equipment.
• Manage the RFP process and negotiate supplier contracts.
• Lead supplier selection and qualification assessments.

Skills

Supplier Management

Contract Negotiation

Cost Optimization

Analytical Skills

Problem-Solving

Education

Bachelor’s degree in Mechanical Engineering

Job description

Title: Manager, Sourcing

Location: Toronto, ON

Job Type: Full-Time – Hybrid (3+ days/week in office)

Travel Requirement: Approximately 25%

Join the Clean Energy Revolution!

Are you ready to shape the future of sustainable energy? Hydrostor, a pioneer in Advanced Compressed Air Energy Storage (A-CAES) systems, is seeking a Sourcing Manager to join our team in Toronto. We’re enabling the energy transition to a cleaner, more reliable electricity grid, and invite you to be at the forefront of this groundbreaking journey.

Why Hydrostor?

Our cutting-edge A-CAES technology is uniquely positioned to revolutionize the energy landscape. Join us as we lead the way in shaping a greener, more sustainable future.

Your Mission

The Sourcing Manager will lead the sourcing strategy and procurement of mechanical and electrical components for Hydrostor’s projects. Reporting to the Vice President, Strategic Sourcing, this role will collaborate with cross-functional teams, including Technology, Project Execution, Legal, and Commercial, to ensure the timely and cost-effective delivery of critical equipment. This position will play a key role in supplier selection, contract negotiations, and cost-reduction initiatives, directly impacting project execution and the overall success of the company.

Your Day-to-Day Adventures

• Develop and execute a comprehensive sourcing strategy for mechanical and electrical equipment, ensuring alignment with project schedules and financial objectives.
• Own the sourcing program for all mechanical direct material procurement across Hydrostor’s projects.
• Lead supplier selection, qualification, and capacity assessments to ensure a reliable and high-quality supply chain.
• Manage the request-for-proposal (RFP) process and negotiate supplier contracts to optimize cost, quality, and delivery terms.
• Drive cost-reduction initiatives by identifying and engaging with best-cost suppliers while maintaining high-quality standards.
• Support the Technology and Commercial teams in evaluating potential projects and integrating new mechanical technologies.
• Lead sourcing engagement in all project tollgate activities, technical reviews, and milestone assessments.
• Develop and implement supplier optimization strategies to enhance efficiency, reduce risk, and improve overall supply chain performance.
• Ensure compliance with internal procurement policies, industry regulations, and contract requirements.
• Build and maintain strong relationships with key suppliers to foster long-term partnerships.

Who You Are

The ideal candidate is a strategic and detail-oriented sourcing professional with a strong background in the procurement of mechanical and electrical equipment. They are highly skilled in supplier management, contract negotiations, and cost optimization, with a deep understanding of power plant systems and large-scale fabrication. This individual excels in a fast-paced, cross-functional environment, demonstrating strong leadership, problem-solving, and communication skills to drive sourcing excellence.

What You Bring

• Bachelor’s degree in Mechanical Engineering or a related field.
• 5+ years of experience in sourcing, procurement, or program management, specifically within mechanical equipment categories.
• 5+ years of experience in sourcing and manufacturing, particularly within energy, power generation, or industrial sectors would be an asset.
• Strong knowledge of mechanical components such as turbomachinery, large fabrications, pumps, valves, and prefabricated piping
• Good understanding of electrical components such as transformers, motors and generators.
• Experience working with power plants or large industrial infrastructure projects.
• Proven track record of supplier selection, contract negotiation, and cost-reduction initiatives.
• Ability to work cross-functionally with engineering, commercial, and legal teams to align sourcing activities with business objectives.
• Strong analytical and problem-solving skills with a data-driven approach to decision-making.
• Previous program management experience with a focus on supply chain optimization.
• Strong understanding of supply chain management principles and best practices.
• Demonstrated ability to negotiate complex commercial contracts with global suppliers.
• High motivation, influencing skills, and the ability to work effectively in a matrixed organization.
• Excellent verbal and written communication skills, with the ability to present sourcing strategies and recommendations to senior leadership.

To Apply:

To apply for this position, submit your resume by clicking “Easy Apply”.

We thank all applicants for their interest, however, only those selected to move forward in the interview process will be contacted.

For more information on Hydrostor and the exciting journey we’re on visit our website at www.hydrostor.ca

Equal Opportunity Employer

At Hydrostor, we know that fostering an inclusive workplace, which values diversity, inclusion, and belonging is paramount to our success.

To fulfill our mission, our goal is to attract people who come from all backgrounds and walks of life, who bring diverse perspectives with wide-ranging experiences, and who share in our common passion to drive innovation and change the global energy landscape.

Hydrostor proudly embraces the principles of equal opportunity and inclusion. We are committed to providing opportunities for all employees and candidates. We ensure that all qualified applicants are considered for employment without regard to race, creed, colour, religion, gender, gender identity, gender expression, age, sexual orientation, national origin, marital status, parental, pregnancy, citizenship status, veteran status, disability, or any other protected status protected by applicable law.

Hydrostor is committed to making our application and interview process accessible to everyone, and we encourage applications from people with disabilities. If you require reasonable accommodation at any stage, please contact us at [e-mail]. In your application, we welcome you to specify your preferred pronouns (e.g. she/her/hers, he/him/his, they/them/theirs, etc.).