Procurement Manager

1 month ago


Jarrow, United Kingdom Pennguin Full time
Job Description


We are seeking a proactive and analytical FMCG Buyer to manage the procurement of fast-moving consumer goods, ensuring optimal inventory levels, cost efficiency, and supplier relationships.

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.


Cost Optimization:


  • Ensure procurement activities align with budgetary constraints.
  • Identify cost-saving opportunities without compromising quality or service.


Data Management and Reporting:


  • Maintain accurate records of purchases, pricing, and supplier agreements.
  • Generate regular reports on procurement metrics, inventory turnover, and cost analyses.
  • Utilise data to provide insights and support strategic decisions.


Key Requirements


Education and Experience:


  • CIPS qualified would be ideal but not required
  • Proven experience 3+ years as a buyer or in procurement within the FMCG industry.


Skills and Competencies:


  • Strong negotiation and relationship management skills.
  • Excellent analytical and problem-solving abilities.
  • Proficiency in procurement software and Microsoft Office Suite (Excel, Word, PowerPoint).
  • Knowledge of supply chain operations and inventory management principles.
  • Ability to multitask and thrive in a fast-paced environment.


Personal Attributes:


  • Attention to detail and a results-driven mindset.
  • Strong communication and interpersonal skills.
  • Adaptability to dynamic market conditions and business needs.


Salary £40,000+ (Bonus and other options available)


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