Senior Procurement Analyst

Senior Procurement Analyst

Hemel Hempstead Full-Time 42000 - 58000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage procurement processes, oversee MRP, and leverage Power BI for data analytics.
  • Company: Join a leading aerospace materials supplier experiencing rapid growth in the MRO sector.
  • Benefits: Enjoy a salary up to £58K, bonuses, health cover, and 25 days annual leave.
  • Why this job: Be part of a dynamic team in a modern office, driving improvements and making an impact.
  • Qualifications: Bachelor's degree in supply chain or related field preferred; experience in procurement is essential.
  • Other info: Opportunity to train and mentor junior staff while working with cutting-edge data tools.

The predicted salary is between 42000 - 58000 £ per year.

Our client, a leading world-class aerospace material supplier, specializing in supplying a comprehensive range of products tailored for the aviation Maintenance, Repair, and Overhaul (MRO) sector, are looking to recruit a Senior Procurement Analyst, to be based at their offices in Hemel Hempstead, Hertfordshire.

On offer:

  • An exciting opportunity to join a well-respected aerospace materials provider who is experiencing rapid growth due to recent investment.
  • Based at a modern state of the art office and warehouse facility.
  • Salary up to £58K, dependant on skills and experience.
  • Bonus
  • Health Cover
  • 25 Days annual leave, increasing by one day following 3 yrs, 5 yrs and 7yrs of service.
  • Pension scheme.
  • Friday Casual wear.

Main Purpose of the Role:

Reporting to the Procurement Director, the Senior Procurement Analyst is responsible for overseeing the procurement process, managing material requirements planning (MRP), master data, and purchase order approvals. This role involves leveraging Power BI for data analytics, creating reports and dashboards, and managing forecasting processes to ensure optimal inventory levels and supplier relationships. The manager will work with internal and external stakeholders to drive continuous improvement, enhance forecast accuracy, and ensure compliance with company policies.

Duties and Responsibilities of the Senior Procurement Analyst:

  • Run the MRP process to identify stock replenishment needs and address stock shortages. Maintain and update MRP parameters, including supplier lead times, sales forecasts, minimum stock limits, and preferred suppliers.
  • Support the team in preparing and raising purchase orders for stock replenishment based on MRP outputs. Oversee validation and approval of purchase orders to ensure accuracy and compliance.
  • Ensure stocking levels are maintained at optimal minimum and maximum levels to support business needs and customer order fulfilment.
  • Maintain and manage accurate master data within procurement systems to ensure reliable MRP outputs and reporting.
  • Leverage and manage Power BI to design, develop, dataflows, semantic models, and interactive dashboards for procurement analytics and provide actionable insights for procurement and inventory management.
  • Troubleshoot data discrepancies and ensure alignment between operational data and reporting metrics.
  • Present actionable insights to senior management and stakeholders using data visualizations and performance dashboards.
  • Oversee quarterly forecast reviews, collaborating with internal and external stakeholders to refine forecasts. Research and implement advanced forecasting techniques (e.g., statistical modelling, machine learning) to improve accuracy and reduce stockouts or overstocking.
  • Build, maintain, and manage relationships with suppliers, ensuring consistent communication and a professional approach to all interactions.
  • Work closely with the procurement team to identify opportunities for process improvements, cost reduction, and business enhancements.
  • Engage with internal and external stakeholders to align procurement strategies with business objectives and drive operational efficiency.
  • Facilitate cross-functional meetings to address supply chain risks, resolve bottlenecks, and drive process improvements.
  • Train and mentor junior procurement staff on MRP systems, data analysis tools, and best practices.
  • Ensure compliance with company guidelines, purchasing policies, and procedures during all procurement activities.

To Be Considered:

  • Hold a bachelor's degree in supply chain management, business administration, or a related field is preferred, though equivalent experience will be considered.
  • Demonstrated experience in procurement, material planning, or supply chain analytics gained ideally within an FMCG environment.
  • Demonstrated success in managing MRP processes, inventory optimization.
  • Ability to add value and contribute to process and business improvements, however other industries will be considered.
  • Computer literacy with advanced proficiency in Microsoft Excel and experience with Power BI or similar data analytics tools, hands-on experience with Power BI, SQL, or Python for data analysis is advantageous.
  • Ability to work in a fast-paced environment with tight deadlines and multiple priorities.

For more details, please contact Willis Global - a leading Recruitment Consultancy for the Aviation & Aerospace industry.

Senior Procurement Analyst employer: Willis Global Ltd

Join a leading aerospace materials provider in Hemel Hempstead, where you will thrive in a dynamic and supportive work environment. With a focus on employee growth, the company offers comprehensive benefits including health cover, a generous pension scheme, and opportunities for professional development. Enjoy a modern office setting, a culture that values innovation, and the chance to contribute to meaningful projects in the rapidly evolving aviation sector.
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Contact Detail:

Willis Global Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Procurement Analyst

✨Tip Number 1

Familiarise yourself with the specific procurement processes and tools mentioned in the job description, especially MRP systems and Power BI. Having a solid understanding of these will allow you to speak confidently about your experience and how it aligns with the role.

✨Tip Number 2

Network with professionals in the aerospace and procurement sectors. Engaging with industry contacts can provide insights into the company culture and expectations, which can be invaluable during interviews.

✨Tip Number 3

Prepare to discuss specific examples of how you've improved procurement processes or inventory management in your previous roles. Highlighting measurable outcomes will demonstrate your ability to add value to the team.

✨Tip Number 4

Stay updated on the latest trends and technologies in procurement and supply chain management. Being knowledgeable about advancements in data analytics and forecasting techniques will show your commitment to continuous improvement and innovation.

We think you need these skills to ace Senior Procurement Analyst

Material Requirements Planning (MRP)
Data Analytics
Power BI
SQL
Python
Inventory Management
Forecasting Techniques
Supplier Relationship Management
Process Improvement
Communication Skills
Attention to Detail
Problem-Solving Skills
Cross-Functional Collaboration
Training and Mentoring
Compliance Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in procurement, material planning, and supply chain analytics. Emphasise your proficiency with Power BI and any experience you have with MRP processes.

Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key responsibilities of the Senior Procurement Analyst role. Mention how your skills align with their needs, particularly in data analytics and supplier relationship management.

Showcase Relevant Achievements: In your application, include specific examples of how you've improved procurement processes or optimised inventory levels in previous roles. Use metrics to demonstrate your impact where possible.

Research the Company: Familiarise yourself with the aerospace materials industry and the company's position within it. Understanding their products and market challenges will help you tailor your application and prepare for potential interviews.

How to prepare for a job interview at Willis Global Ltd

✨Showcase Your Analytical Skills

As a Senior Procurement Analyst, you'll be expected to leverage data analytics tools like Power BI. Be prepared to discuss your experience with data visualisation and how you've used analytics to drive procurement decisions in the past.

✨Demonstrate MRP Knowledge

Make sure you understand the MRP process thoroughly. Be ready to explain how you've managed stock replenishment needs and addressed shortages in previous roles, as this will be a key part of your responsibilities.

✨Highlight Supplier Relationship Management

Building and maintaining relationships with suppliers is crucial. Share examples of how you've successfully communicated with suppliers and resolved issues, showcasing your professional approach and negotiation skills.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities in real-world scenarios. Think about challenges you've faced in procurement or inventory management and how you overcame them, as this will demonstrate your capability to handle similar situations in the new role.

Senior Procurement Analyst
Willis Global Ltd
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