Strategic Sourcing Manager
3 weeks ago
As OCU Group continues to grow and expand its operations, we are seeking an experienced Senior Procurement Officer to lead our procurement activities and supplier relationships. The purpose of this role is to manage procurement initiatives that optimize costs, mitigate risks, and ensure the timely acquisition of goods and services to support our business operations and objectives.
Key Responsibilities
- Manage relationships with key suppliers, including contract manufacturers, distributors, and service providers, to ensure alignment with business objectives and performance expectations.
- Conduct supplier evaluations, performance reviews, and audits to monitor supplier performance, address issues, and drive continuous improvement initiatives.
- Negotiate contracts, pricing agreements, and service level agreements with suppliers to achieve cost savings, mitigate risks, and secure favourable terms and conditions.
- Review and analyze contract terms, conditions, and specifications to ensure compliance with business requirements, legal standards, and regulatory obligations.
- Promote supplier diversity initiatives and ensure compliance with diversity policies and regulations in supplier selection and contracting processes.
- Identify and assess risks associated with supply chain disruptions, price fluctuations, and supplier performance issues, and develop risk mitigation strategies to minimize exposure and ensure business continuity.
- Implement contingency plans, alternative sourcing strategies, and supply chain resilience measures to mitigate risks and ensure the availability of critical goods and services.
- Subject Matter Expert for the procurement process from requisition to purchase order issuance, ensuring compliance with Microsoft Dynamics 365, company policies, procedures, and procurement regulations.
- Support the Procurement team with purchase order and cost accuracy, driving continual improvement of processes to optimize Microsoft Dynamics 365 configuration.
- Analyze procurement data, spending patterns, and cost drivers to identify opportunities for cost reduction, process optimization, and efficiency improvements.
- Prepare procurement reports, dashboards, and presentations to communicate key procurement metrics, performance indicators, and savings achievements to senior management and stakeholders.
Requirements
- Proven experience as a buyer or procurement professional, with a track record of successfully managing procurement activities and supplier relationships.
- Strong knowledge of procurement principles, strategic sourcing methodologies, and contract negotiation techniques, with expertise in procurement processes and procedures.
- Analytical mindset with the ability to analyze procurement data, conduct cost-benefit analysis, and make data-driven decisions to optimize procurement outcomes.
- Strong organizational and project management skills, with the ability to manage multiple projects simultaneously, prioritize tasks, and meet deadlines in a fast-paced environment.
- Proficiency in procurement software and tools, such as ERP systems, e-procurement platforms, and spend analytics tools, is desirable.
- Relevant degree or professional qualification in procurement, supply chain management, business administration, or a related field is essential.
- Professional accreditation or membership with relevant procurement organizations is desirable.
As a leading utility engineering contractor in the UK, OCU Group is committed to empowering our employees and offering opportunities for them to take control of their own personal development and career progression in a supportive environment.
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