Procurement Specialist

2 weeks ago

Birmingham, Birmingham, United Kingdom Venatu Consulting Ltd Full time
Job Title: Commodity Manager

We are seeking a highly skilled Commodity Manager to join our global supply chain team, collaborating closely with both internal stakeholders and external suppliers to manage procurement strategies for key automotive components.

Key Responsibilities:

  • Lead negotiations with suppliers, covering pricing, terms, and conditions to meet commercial and legal objectives.
  • Establish and maintain strong supplier relationships to ensure consistent quality, cost efficiency, and timely delivery.
  • Manage the supplier onboarding and offboarding processes, ensuring compliance with all relevant legal agreements and contractual obligations.
  • Implement risk mitigation strategies to safeguard the supply chain from disruptions.

Negotiation & Cost Optimisation:

  • Use strong negotiation skills to secure optimal pricing and terms that enhance the company's financial performance.
  • Conduct cost-down analysis to drive savings initiatives while considering inflation and market fluctuations.

Stakeholder Engagement:

  • Communicate effectively across all levels of the organisation, including internal departments (such as engineering, finance, and quality) and external suppliers, ensuring all procurement activities align with business objectives.
  • Professionally present procurement strategies, risk assessments, and supplier performance updates to senior management and other key stakeholders.

Risk & Contract Management:

  • Proactively manage supply chain risks, ensuring supplier agreements comply with industry regulations and contractual terms.
  • Regularly review and update supplier contracts to align with legal requirements and company policies.

Requirements:

  • MCIPS or equivalent procurement qualification is essential.
  • Demonstrable experience in negotiating supplier agreements within a global supply chain, ideally in the automotive sector.
  • Strong understanding of contract law and the legal ramifications of supplier contracts.
  • Excellent analytical skills, with the ability to interpret complex data and propose effective risk mitigation strategies.
  • Proven experience in cost optimisation and enhancing company profitability through strategic sourcing.
  • Familiarity with supplier onboarding and offboarding processes, understanding the contractual and operational implications.
  • Outstanding communication and presentation skills, capable of engaging and influencing stakeholders at all levels.

Preferred Experience:

  • A minimum of 5-7 years in a commodity management or strategic sourcing role, preferably within the automotive or manufacturing industry.
  • Experience managing complex supplier relationships across global supply chains.
  • In-depth knowledge of inflation trends and market dynamics, with the ability to apply this in cost management strategies.

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