Sourcing Specialist

2 weeks ago

Coventry, United Kingdom Workforce Staffing Ltd Full time

**Sourcing Specialist**

**£45,000**

**Coventry**

Responsible for the provision of an effective and efficient Procurement Service to business stakeholders for the assigned categories.

This will include execution of strategic sourcing using market research and cost analysis to identify and contract with best fit suppliers, and their ongoing supplier management, to ensure supply assurance of materials and services meeting quality standards and specifications. To allow the business to meet business profits, improve and deliver positive PPV performance for UK& I incl export business.

**Key Tasks**
- Internal customer engagement to understand business needs and expected outcomes
- Spend analysis of assigned categories to identify sourcing and/or negotiation opportunities and to deliver Supplier Segmentation classification
- Develop and deliver the annual strategic sourcing plan, and benefits initiatives, incl required stakeholder management
- New Source or annual Negotiation planning and sign off according to requirements of Supplier Segmentation and delegated authority’s Subsequent execution to capture outcomes in appropriate formal documents including contracts, SLA’s, price books and any other appropriate schedules
- Standard setting in support of budgeting and Purchase Price Variance (PPV) analysis
- Represent function or assigned category in relevant meetings with a focus on achieving integrated supply chain (Directs) at lowest total cost/whole life costing outcomes
- Proactively lead response to NPD needs, developing internal and externals processes to meet required turnaround times and cost targets in a timely fashion
- Undertake and keep abreast of market research for assigned categories, demonstrating capacity and cost driver understanding for key materials and suppliers/industries
- Supplier management including forecasting provision for capacity and supply assurance, and placing contracts needs as required
- Deliver and support supplier performance data capture, for assigned categories to deliver scorecards and continuous improvement
- Acting as escalation for delivery and service quality issues as required with support from other functions to process concessions, rejects and replacements as needed, and any follow up Corrective Action: Preventative Action (CAPA)
- Establish and follow supplier management calendar in line with supplier segmentation
- Support cross functional initiatives and projects as directed for assigned categories
- Ensure compliance to Company Policies and SOP’s
- Undertake other Procurement and Project duties as directed from time to time
- Own and manage the Procurement aspects of benefits tracking tool, working with Budget holders and Finance to release benefits back to the business from Budgets.
- For assigned categories identify Cost mitigation and reduction activities and lead cross functional effort to deliver those
- Ensure clean transitions incl communications for on boarding new and off boarding delisted suppliers and or solutions
- Other tasks and duties as directed by the Head of Procurement

Ensure direct materials are procured at most cost effective method for business to align business profits, improve and deliver positive PPV performance for UK&I

Manage implementation of the packaging category strategy and manage assigned sourcing development for Ingredients and devise and implement cost mitigation activities

Lead cross-functional cost mitigation projects

Take ownership for selected materials / purchasing projects and manage negotiation of commercial terms and new supply agreement

Manage supplier relationships effectively in order to optimise opportunity for development.

Manage procurement activities in line with required governance.

**Relevant decisions the incumbent takes that create an impact in the business**:
1.Negotiation of commercials (price, lead-time, MOQ, etc.) packaging and key specific ingredients, which can impact business profit/margins and purchasing performance indicators.

2.Ingredient strategy development and recommendations as to when the business shall cover key materials

3.Project scoping and coordination in line with budget requirement.

**Scope of the position (Global, Regional, Local, Plant, Department, Area, etc.)**

1.Responsible for Coventry, Seaham packaging and specific ingredient commercials

2.Support Regional Packaging Category Lead and manage agreed ingredient tenders.

3.Support Head of Procurement to implement and procurement strategy to aid function development.

4.Support function in absence of Head of Procurement and represent function where required at key internal meetings as assigned.

**Internal relationships**:

- Planning/Purchasing Schedulers, forecasting, logistics, customer services, NPD, Technical, Finance

**External relationships**:

- Suppliers, Commodity Market Analysts

**Experience**

Significant within similar environment/sector in a purchasing/buying role

Significant experience of Packaging

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