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Supply Chain Procurement Lead

2 months ago

Ipswich, Suffolk, United Kingdom Elsdon Supply Chain Full time
Job Description

Position Overview: Elsdon Supply Chain is in search of a dedicated and skilled Supply Chain Procurement Lead to enhance our operational efficiency. The successful candidate will be tasked with managing procurement functions, ensuring economical purchasing practices, and sustaining optimal stock levels to support our logistics operations. This role is vital in formulating procurement plans, negotiating supplier agreements, and nurturing supplier partnerships to fulfill our organizational goals.

Primary Responsibilities:

Strategic Procurement and Sourcing:

  • Design and execute robust procurement strategies aligned with the company's objectives.
  • Assess and select potential suppliers, negotiate terms, and oversee supplier performance.
  • Examine market dynamics to secure competitive pricing and advantageous terms.

Supplier Relationship Management:

  • Build and sustain strong partnerships with key suppliers and vendors.
  • Evaluate supplier performance, resolve issues, and ensure adherence to contract stipulations.
  • Conduct periodic supplier evaluations to guarantee quality and dependability.

Financial Oversight:

  • Administer procurement budgets and project future procurement requirements.
  • Initiate cost-reduction strategies and refine procurement processes to minimize expenditures.
  • Track and report on procurement performance metrics and key indicators.

Inventory Oversight:

  • Manage inventory levels to ensure timely restocking and prevent shortages.
  • Collaborate with logistics and warehouse teams to enhance inventory management practices.
  • Establish inventory control mechanisms to efficiently monitor and manage stock.

Regulatory Compliance and Risk Mitigation:

  • Ensure adherence to company policies, industry standards, and legal obligations.
  • Identify and address potential risks related to procurement operations.
  • Maintain comprehensive records of procurement activities and documentation.

Leadership and Development:

  • Guide and develop the procurement team, promoting a culture of collaboration and excellence.
  • Offer training and growth opportunities to enhance team skills.
  • Establish clear goals and performance expectations for the procurement team.