Procurement Strategist
3 weeks ago
Abingdon, Oxfordshire, United Kingdom
Engineering Recruitment PDQ
Full time
We are seeking a highly skilled Procurement Strategist to join our team at Engineering Recruitment PDQ in Abingdon.
About the RoleThis is an exciting opportunity to work with us on a Sourcing and Supply Chain Initiative, focusing on engineering commodities, materials, and components. The successful candidate will be responsible for executing strategic supply chain and sourcing initiatives, ensuring timely delivery of high-quality products while maintaining excellent supplier relationships.
Key Responsibilities:
- Analyse market trends and develop sourcing strategies to optimise cost and quality for assigned commodities.
- IDentify and source new suppliers that enhance cost efficiency and service levels, enabling dual sourcing to strengthen supply chain resilience.
- Develop and execute strategic plans to exit underperforming suppliers, promoting operational excellence across the company.
- Monitor supplier performance against KPIs (cost, quality, and delivery) and implement corrective actions as needed.
- Establish and formalise long-term agreements (LTAs) or contracts in alignment with company objectives.
Requirements:
- Demonstrable experience in sourcing, with a strong understanding of sourcing processes and quality standards.
- Prior experience sourcing engineering commodities, including mechanical components, machined parts, and injection-moulding items.
- Experience in supplier selection processes and negotiation skills, with proven effectiveness in supplier and contract management.
- In-depth understanding of sourcing strategy and cost down, with proficiency in Microsoft Word, Excel, and Outlook.
Estimated Salary: £60,000 - £80,000 per annum.