At a Glance
- Tasks: Lead global procurement strategies and optimise sourcing processes for raw materials.
- Company: Innospec is a global leader in specialty chemicals, driving innovation across various industries.
- Benefits: Enjoy competitive salary, career growth opportunities, and a dynamic work environment.
- Why this job: Join a forward-thinking company focused on innovation and sustainability while making a real impact.
- Qualifications: Bachelor's degree required; 10+ years in procurement with strong analytical skills and team leadership experience.
- Other info: Expect some travel (10-20%) and the chance to work with cutting-edge technologies.
The predicted salary is between 48000 - 84000 £ per year.
Job Description
There’s never been a more exciting time to join Innospec! We’re on a path of exciting growth and innovation.
We are seeking a Senior Procurement Manager to join our Performance Chemicals business. This strategic position is responsible for developing and driving the Global Procurement Vision with key stakeholders. The individual will focus on strategy, execution, and implementation. This position will facilitate the development and execution of long-term strategies that will optimize quality, lead-time, technology, risk management, and total cost. The role will identify and use technology, improve processes and systems, and reduce overall cost of ownership and acquisition. This position will have a heavy focus on the strategic sourcing of raw materials and packaging components.
Key Responsibilities:
- Develop appropriate plans, business processes, and metrics in line with business objectives, balancing partner needs including cost, complexity and high service levels.
- Negotiate and implement agreements that enhance cost savings, improve service levels, mitigate contractual risks, optimize asset utilization, and build/improve overall value for Innospec.
- Guide strategies to focus on data driven analysis, thorough quantitative and qualitative decision frameworks and consider cross-functional impacts to various collaborators.
- Develop strong working relationships with suppliers and relevant internal teams to drive sourcing strategies that lower cost and risk to Innospec.
- Monitor and analyze supplier performance, quality, and delivery to ensure compliance and identify means to improve results.
- Provide high quality communication to senior management and for periodic and ad-hoc reporting on current operations and market changes, emerging risks, and actionable mitigation plans.
Requirements:
- Bachelor's degree in Procurement/Supply Chain, Finance or another business-related field, (master’s degree preferred).
- 10+ years of related experience, including 7+ years managing supply chain/sourcing activities such as strategy development, procurement, quality management, inventory management, and distribution.
- Experience required negotiating and managing Oleochemicals.
- Chemical raw material sourcing is required.
- 5+ years management experience in progressively challenging sourcing roles.
- Strong data and analytical skills with the ability to collect and interpret data to make informed decisions and take action.
- Must be able to work independently under pressure and meet deadlines.
- Comprehensive knowledge of procurement business processes and strategies.
- Proven track record of building and leading successful teams.
- Significant experience in all aspects of the sourcing/procurement lifecycle.
- Clear understanding of market trends and opportunities, including new technologies.
- Excellent communication and people skills.
- SAP Experience (S/4HANA a plus)
Other Requirements:
- Approximately 10-20% travel
About Innospec
Innospec is a global specialty chemicals company focused on bringing innovative new technologies to market combined with a fast and responsive service. We serve a range of industries across the world, bringing our products to customers in markets from oilfields, fuels, refineries and power stations to personal care and performance chemicals.
Our global team of approximately 2,000 employees spans 24 countries, applying their extensive experience and market understanding to customers’ local needs. Integrating our global footprint with local service capability enables us to supply quality products that meet and anticipate changing market dynamics.
Senior Procurement Manager employer: Innospec Inc.
Contact Detail:
Innospec Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Procurement Manager
✨Tip Number 1
Familiarise yourself with the latest trends in procurement and supply chain management, especially in the chemicals sector. Understanding current market dynamics will help you speak confidently about how you can contribute to Innospec's growth.
✨Tip Number 2
Network with professionals in the procurement field, particularly those with experience in sourcing raw materials and packaging components. Building relationships can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with data-driven decision-making. Be ready to share specific examples of how you've used analytics to improve procurement processes or reduce costs in previous roles.
✨Tip Number 4
Research Innospec’s recent projects and innovations in the chemicals industry. Being knowledgeable about their initiatives will demonstrate your genuine interest in the company and how you can align with their strategic goals.
We think you need these skills to ace Senior Procurement Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement and supply chain management. Emphasise your strategic sourcing skills, particularly in raw materials and packaging components, as well as any experience with Oleochemicals.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Innospec's business and how your background aligns with their goals. Mention specific achievements in previous roles that demonstrate your ability to drive cost savings and improve service levels.
Highlight Analytical Skills: In your application, emphasise your data-driven decision-making abilities. Provide examples of how you've used data analysis to inform procurement strategies or improve supplier performance in past roles.
Showcase Leadership Experience: Since the role requires management experience, detail your leadership roles and how you've successfully built and led teams. Include any specific outcomes that resulted from your leadership in procurement or sourcing activities.
How to prepare for a job interview at Innospec Inc.
✨Showcase Your Strategic Thinking
As a Senior Procurement Manager, you'll need to demonstrate your ability to develop and implement long-term strategies. Be prepared to discuss specific examples of how you've successfully driven procurement strategies in the past, focusing on cost savings and risk management.
✨Highlight Your Negotiation Skills
Negotiation is key in this role. Share experiences where you've negotiated agreements that enhanced cost savings or improved service levels. Use metrics to quantify your success and show how your negotiation skills have positively impacted previous employers.
✨Emphasise Data-Driven Decision Making
Innospec values data-driven analysis. Be ready to explain how you've used data to inform your procurement decisions. Discuss any tools or methodologies you’ve employed to analyse supplier performance and how those insights led to actionable improvements.
✨Build Rapport with Stakeholders
Strong relationships with suppliers and internal teams are crucial. Prepare to talk about how you've built and maintained these relationships in the past. Highlight your communication skills and provide examples of how collaboration has led to successful sourcing strategies.