Procurement Specialist

4 days ago

Gloucester, United Kingdom Octagon Group Full time
Octagon Group is seeking a skilled Procurement Specialist to join our dynamic team. The successful candidate will play a crucial role in sourcing and procuring materials, building strong supplier relationships, and contributing to the company's overall success. Key Responsibilities:

**Procurement Management**

* Source, negotiate, and procure materials, components, and services to meet operational requirements.

* Collaborate with the estimating team to obtain competitive quotations for materials and sub-contract services.

* Develop and maintain relationships with suppliers to ensure the timely delivery of high-quality materials.

* Monitor market trends, identifying potential supply risks and opportunities.

**Cost Management**

* Negotiate favorable terms, pricing, and contracts with suppliers to achieve cost savings.

* Conduct regular cost analyses to identify and implement cost reduction opportunities.

**Supplier Management**

* Evaluate and select suppliers based on quality, reliability, and cost-effectiveness.

* Conduct supplier performance reviews and manage supplier relationships to ensure compliance with company standards.

**Process Improvement**

* Support the implementation and improvement of procurement processes to enhance efficiency and accuracy.

* Utilize MRP systems to track, manage, and streamline purchasing activities.

**Cross-Functional Collaboration**

* Work closely with the production, technical, quality, and finance teams to ensure procurement aligns with overall business objectives.

* Participate in new product development projects to source and qualify new suppliers and materials.

**Compliance and Documentation**

* Ensure all procurement activities comply with company policies and regulatory requirements.

* Maintain accurate records of purchases, contracts, and supplier communications.

**Requirements**

* Minimum of 3-5 years of experience in a procurement role, preferably in a manufacturing environment.

* Proven track record of managing procurement in a fast-paced, high-growth environment.

* Strong negotiation and communication skills.

* Excellent organizational and time-management skills, with the ability to prioritize tasks effectively.

* Proficient in using MRP systems and Microsoft Office suite.

* Analytical mindset with the ability to conduct cost analysis and market research.

* High attention to detail, with the ability to deliver to a high standard within tight timeframes.

* Proactive, with strong problem-solving skills and the ability to make independent decisions.

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