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- Tasks: Manage purchasing of goods and services, negotiate contracts, and maintain supplier relationships.
- Company: Join a global brand in the Industrial Manufacturing sector.
- Benefits: Enjoy a competitive salary and career progression opportunities.
- Why this job: Be part of a dynamic team that values negotiation skills and data analysis for impactful decision-making.
- Qualifications: Requires 3+ years in procurement, strong negotiation skills, and intermediate Excel proficiency.
- Other info: Opportunity to work with large data sets and influence cost efficiency.
The predicted salary is between 28800 - 42000 £ per year.
The Procurement Specialist will be responsible for managing and coordinating the purchase of goods and services for the company, ensuring that supplies are obtained at the best price, quality, and delivery time. This role involves developing and maintaining supplier relationships, negotiating contracts, and ensuring compliance with company policies and regulations.
Procurement & Supplier Management: Source, evaluate, and select suppliers based on quality, price, and delivery capabilities. Manage and maintain effective supplier relationships to ensure the timely supply of goods and services.
Contract Negotiation: Negotiate contracts, terms, and pricing with suppliers, ensuring the best possible deals while maintaining quality and service standards.
Purchase Orders: Create and process purchase orders in line with organisational policies and budget guidelines, ensuring timely and accurate order placement.
Cost Control & Data Analysis: Use MS Excel to manage, analyse, and track procurement data, including conducting price comparisons, cost analysis, and trend tracking to optimise purchasing decisions and improve cost efficiency.
Vendor Performance: Monitor supplier performance, including on-time delivery and product quality, and take corrective actions when necessary.
Market Research: Conduct market research to identify potential suppliers and trends in the industry that could impact procurement activities.
Inventory Management: Work closely with the planning team to ensure adequate supply levels and prevent stock shortages or overstocking.
Compliance: Ensure compliance with relevant procurement laws, regulations, and company policies, including ethical procurement practices.
Data Management & Analysis: Strong ability to work with large data sets, using Excel to analyse pricing trends, compare costs, and identify opportunities for savings.
Profile: +3 years' experience in procurement/purchasing roles in the Manufacturing industry. Strong negotiation and communication skills, with ability to build and maintain strong supplier relationships. Intermediate proficiency in MS Excel (e.g., formulas, pivot tables, data analysis). Ability to manage and analyse procurement data, including conducting price comparisons and cost analysis.
Job Offer: Competitive Salary Package. Career Progression Opportunities.
Procurement Specialist employer: Michael Page
Contact Detail:
Michael Page Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Specialist
✨Tip Number 1
Familiarise yourself with the latest trends in procurement and supplier management within the manufacturing industry. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in your field.
✨Tip Number 2
Network with professionals in the procurement space, especially those who have experience in industrial manufacturing. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully negotiated contracts or managed supplier relationships in your previous roles. Real-life scenarios can showcase your skills and make you a more attractive candidate.
✨Tip Number 4
Brush up on your Excel skills, particularly in data analysis and creating pivot tables. Being able to demonstrate your proficiency in managing procurement data will set you apart from other candidates.
We think you need these skills to ace Procurement Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement and purchasing roles, especially within the manufacturing industry. Emphasise your negotiation skills and any specific achievements related to supplier management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the procurement process and your ability to manage supplier relationships. Mention specific examples of how you've successfully negotiated contracts or improved cost efficiency in previous roles.
Highlight Technical Skills: Since the role requires proficiency in MS Excel, be sure to mention your experience with data analysis, including any specific tools or techniques you’ve used, such as pivot tables or formulas. This will demonstrate your capability to handle procurement data effectively.
Showcase Compliance Knowledge: Include any experience you have with procurement laws and regulations in your application. Highlight your commitment to ethical procurement practices and how you’ve ensured compliance in past roles.
How to prepare for a job interview at Michael Page
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've successfully conducted. Highlight how you achieved the best deals while maintaining quality and service standards, as this is crucial for the Procurement Specialist role.
✨Demonstrate Data Analysis Proficiency
Be ready to discuss your experience with MS Excel, particularly in managing and analysing procurement data. Mention specific tools like pivot tables and formulas that you've used to optimise purchasing decisions.
✨Understand Supplier Relationship Management
Discuss your approach to building and maintaining supplier relationships. Share strategies you've employed to ensure timely supply and how you've handled any performance issues in the past.
✨Research Industry Trends
Familiarise yourself with current trends in the industrial manufacturing space. Being able to discuss how these trends could impact procurement activities will demonstrate your proactive approach and industry knowledge.
