Commodity Strategist
1 month ago
A great opportunity has arisen to join the growing commodity team as part of the Cheltenham sourcing team. Creating and driving commodity strategy in line with wider business direction and supplier landscape, this role is critical to defining our future success and would suit someone who thrives in a fast-paced, complex environment. As always with a role in Aerospace, compliance is critical, both in the considered management of change, but also compliance to Government Purchasing Regulations, but the opportunity to drive change is significant
Roles and Responsibilities- Develop and implement strategies to create an efficient supply chain and reduce commodity purchase costs
- Using supplier segmentation define supplier relationship strategy, manage that relationship through program life-cycle
- Lead cross-functional strategic business reviews including performance reviews
- Work alongside NPI team to ensure supplier selection for new programs is aligned to defined strategy
- Determine the requirement for dual sourcing and develop best cost country opportunities
- Lead negotiations with suppliers to deliver long-term agreements
- Document negotiations and contract awards in line with company and regulatory requirements (specifically DFARS compliance)
- Includes commercial sourcing management such as data analysis, negotiations support, etc. This may also include purchasing activities
- Negotiate the best commercial and technical package for procurement requirements
- Lead cost reduction activities with suppliers
- Support critical or systemic supplier performance recovery
- Work to minimize supplier risk by establishing strategies for risk evaluation
- Research potential vendors and compare their products, prices, and services
- Conduct analyses of market conditions and trends and use this information to predict future supply needs.
- Knowledge of Oracle ERP
- Lean/Continuous training and implementation
- Ability to work in a fast-paced environment with multiple and competing priorities
- Project management skills
- Pension
- Bonus
- Life Assurance
- Group income protection
- Private medical cover
Baseline Personnel Security Standard (BPSS) clearance is required and must be maintained for this role.
Right to WorkApplications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications. However, under the applicable UK immigration rules as may be in place from time to time, it may be that candidates who do not currently have the right to work in the UK may not be appointed to a post if a suitably qualified, experienced and skilled candidate who does not require sponsorship is available to take up the post. For further information please visit the UK Visas and Immigration website.
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