Procurement Manager

2 months ago

Cambridge, Cambridgeshire, United Kingdom SPT Labtech Full time
About SPT Labtech

We are a leading manufacturer of innovative laboratory solutions, dedicated to transforming the way scientists work. Our team of expert scientists, engineers, and business innovators collaborate to deliver exceptional products that accelerate research and improve human health.

Job Summary

We are seeking a highly motivated and experienced Procurement Manager to join our team at SPT Labtech. As a key member of our procurement team, you will be responsible for leading and implementing strategic procurement initiatives to drive business growth and improve operational efficiency.

Key Responsibilities
  • Strategic Procurement Management
    • Develop and implement procurement strategies to meet business objectives and drive cost savings.
    • Ensure compliance with company policies, procedures, and regulatory requirements.
    • Build and maintain strong relationships with suppliers and stakeholders.
  • Process Implementation and Improvement
    • Design, implement, and optimize procurement processes to improve efficiency and reduce costs.
    • Lead initiatives to standardize procurement activities across the organization.
    • Monitor and evaluate the performance of procurement processes and suppliers, and implement improvements as needed to meet both operational and regulatory requirements.
  • Data Analytics and Reporting
    • Utilize data analytics to drive decision-making and strategic planning.
    • Develop and maintain key performance indicators (KPIs) to measure procurement performance.
    • Prepare and present regular reports on procurement activities, trends, and performance metrics to senior management.
  • Financial Acumen
    • Manage the procurement budget and ensure alignment with financial goals.
    • Analyze financial data to identify cost-saving opportunities and mitigate financial risks.
    • Negotiate contracts and pricing agreements to achieve the best value for the company.
  • Team Leadership
    • Lead, mentor, and develop a team of Senior Buyers and Buyers.
    • Foster a positive and collaborative team environment.
    • Conduct regular performance reviews to encourage a high-performing culture, providing regular feedback with a focus on continuous improvement.
Requirements
  • Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
  • Professional certification (e.g., CPM, CPSM, CIPS) is preferred.
  • Ideally 5+ years of experience in procurement, with at least 3+ years in a managerial role.
  • Experience in a life science or medical device manufacturing, or other regulated industry is highly desirable.
What We Offer

We offer a competitive salary package and comprehensive benefits, including private medical insurance, a generous pension plan, and an annual discretionary bonus. We prioritize supporting our employees' diverse needs and strive for excellence together.

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