Procurement Manager

3 days ago

Wickford, Essex, United Kingdom Chartered Institute of Procurement and Supply (CIPS) Full time

This role is pivotal within the procurement team at the Chartered Institute of Procurement and Supply (CIPS). It steers the Director and Senior team members toward informed strategic and operational decision-making by providing accurate information and sound commercial judgment.

As a senior buyer, you'll manage the procurement of materials, goods, and services for the organisation, ensuring that you are optimising the cost, cash, quality, and service. You'll drive added value through sourcing strategically, value engineering, innovation delivery, and risk management.

Procurement Planning:

  • Conduct research to source the best products and suppliers regarding best value, delivery schedules, and quality.
  • Continuously gather, analyse, interpret, and act upon market intelligence.
  • Purchasing materials in line with requirements/shortfall/MRP.
  • Inventory management.
  • Provide cover for the Procurement Manager when required.

Procurement Management:

  • Assist in managing the day-to-day procurement operations, ensuring key metrics are delivered.
  • Negotiate and agree on contracts, monitor the quality of service provided, and ensure all relevant legal terms are agreed upon between us and the suppliers.
  • Maintain supplier relationships, align with our strategic goals, and ensure that suppliers deliver outstanding service and quality.
  • Attend supplier meetings and trade conferences in the UK and overseas.

Procurement Strategies:

  • Develop and implement procurement strategies in alignment with the organisation's goals, objectives, and business plans.
  • Develop strategies to ensure that cost savings and supplier performance targets are met - or exceeded.
  • Accountable for successful supplier performance management using vendor scorecards and supporting the team dealing with key suppliers to provide performance improvements as required.
  • Negotiate supply agreement terms with new and existing suppliers on pricing, stockholding, lead times, and quality.
  • Analyse data and produce reports and statistics on spending and saving.
  • Optimise inventory and stock holdings based on customer demand and business goals.
  • Identify long-term savings opportunities through strategy creation, exploring all potential value levers.

Risk Management:

  • Identify and assess procurement risks and develop strategies to mitigate them.
  • Comprehensive understanding of supply chain risks, managing key suppliers, leading vulnerability assessments, and submitting mitigation plans accordingly.
  • On-going supplier relationship and performance management activities, de-risk supply chain.
  • Ensure the supply chain is ethical and that it meets our net carbon plans.
  • Motivate and performance manage direct reports, ensuring relevant KPI's and objectives are in place for each function.
  • Assist in the delivery of the company's internal digitalisation plans.
  • Keep abreast of technological advancements and use them to our benefit.
  • Sets high performance and quality standards.
  • Holds individuals to account.
  • Motivates the team to achieve new levels of performance.
  • Has an open-door policy.
  • Monitors operational results and quality carefully.
  • Deep knowledge of inventory and supply chain management.
  • A bachelor's in either business or economics is desirable but not essential.
  • Proven experience as a Procurement Manager.
  • Effective and up-to-date understanding of the external supply markets, with knowledge and awareness of emerging trends, opportunities, and risks within your category field.

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