Procurement Specialist
1 week ago
We are seeking a seasoned Procurement Specialist to manage the procurement of fast-moving consumer goods at Penguin.
The ideal candidate will possess strong negotiation skills, a keen understanding of market trends, and the ability to drive strategic procurement decisions to support the company's growth and profitability.
Key Responsibilities
Supplier Management:
Identify, evaluate, and establish relationships with suppliers to ensure reliable sourcing.
Negotiate contracts, terms, and pricing with suppliers to secure the best value.
Monitor supplier performance and address any issues related to quality, delivery, or compliance.
Procurement Planning:
Forecast purchasing needs based on sales trends and demand planning.
Develop and execute procurement strategies that align with company objectives.
Maintain optimal inventory levels to avoid stockouts or overstocking.
Market Analysis:
Stay updated on market trends, consumer preferences, and competitor activities.
Analyse price fluctuations, supply chain risks, and alternative sourcing opportunities.
Recommend strategies to mitigate supply chain disruptions and cost increases.
Candidates must have 3+ years of experience as a buyer or in procurement within the FMCG industry.
Salary: £40,000+
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