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Strategic Sourcing and Procurement Manager

2 months ago

Dudley, Dudley, United Kingdom Pelsis Group Full time

About the Role

Pelsis Group is seeking an experienced Strategic Sourcing and Procurement Manager to join our team. As a key member of our Supply Chain and Procurement department, you will be responsible for developing and executing sourcing strategies to meet business objectives.

Key Responsibilities

  • Sourcing Strategy and Planning
    • Develop and execute sourcing strategies for direct and indirect commodities to meet business objectives.
    • Collaborate with cross-functional teams to identify sourcing needs, market trends, and opportunities for cost savings.
  • Supplier Management
    • Evaluate, select, and manage suppliers to ensure the highest quality, cost-effectiveness, and reliability.
    • Establish and maintain strong relationships with suppliers, conducting regular performance reviews and driving continuous improvement.
  • Negotiation and Contract Management
    • Negotiate contracts and agreements with suppliers to secure favourable terms, pricing, and conditions.
    • Monitor and manage contracts to ensure compliance with terms and conditions, as well as to identify opportunities for renegotiation and cost reduction.
  • Cost Optimization and Budgeting
    • Analyse cost structures and recommend cost-saving initiatives, including value engineering and alternate sourcing strategies.
    • Develop and manage budgets related to commodity sourcing activities, ensuring alignment with organizational goals and financial targets.
  • Risk Management
    • Identify and mitigate potential risks related to supply chain disruptions, supplier capacity, geopolitical issues, and other relevant factors.
    • Develop contingency plans and risk mitigation strategies to maintain a resilient supply chain.
  • Compliance and Regulations
    • Ensure compliance with applicable laws, regulations, and company policies related to procurement and sourcing activities.
    • Stay informed about changes in regulations that may impact the sourcing and procurement process.
  • Performance Monitoring and Reporting
    • Establish / deliver / maintain key performance indicators (KPIs) to measure and track supplier performance, cost savings, and other relevant metrics.
    • Generate regular reports and dashboards to communicate performance and provide insights for strategic decision-making.

Requirements

  • Membership of an appropriate professional body would be advantageous.
  • Significant experience in a low to medium volume manufacturing environment.
  • Experience of working in and on Supply Chain & Quality Assurance.
  • Six Sigma / Lean skills.
  • Experience of dealing first hand with customers and suppliers.
  • Demonstrated experience of problem-solving techniques, best cost country sourcing.
  • Logistics and internals freight.
  • Complies with the Health, Safety and Environmental Policies.
  • Proactively contribute to creating a positive team atmosphere.
  • Anticipates and overcomes obstacles.
  • Makes useful links to arrive at insightful plans and solutions.
  • Embraces personal challenge.
  • Confident, rounded thinking.
  • Takes ownership for team cohesion and team development.
  • Is self-aware.
  • Is resilient, optimistic and open to change.
  • Collaborative approach to others.
  • Excellent interpersonal skills.
  • A self-starter, motivated and able to positively motivate others.
  • Focused, target driven with a positive, can-do attitude.