At a Glance
- Tasks: Manage procurement of non-production goods and services, ensuring cost savings and supplier performance.
- Company: Join TVS Supply Chain Solutions, a dynamic company focused on empowering employees and delivering impactful results.
- Benefits: Enjoy competitive salary, hybrid working, 25 days holiday, and wellness support including mental health resources.
- Why this job: Be part of a collaborative culture that values initiative and offers excellent career progression opportunities.
- Qualifications: Bachelor’s degree in Business or related field; experience in indirect procurement is a plus.
- Other info: Candidates must be eligible for BPSS clearance and have resided in the UK for 3 years.
The predicted salary is between 28800 - 43200 £ per year.
The Indirect Buyer is responsible for managing the procurement of non-production goods and services required for business operations. The role focuses on achieving cost savings, ensuring supplier performance, and supporting strategic initiatives across categories such as IT, operations, marketing, facilities, travel and professional services. This position involves working closely with internal stakeholders, negotiating contracts, and managing supplier relationships to deliver value and align with business objectives. The role requires a dynamic and quick-thinking approach to ensure business deadlines are met whilst optimising value for the company. Main Duties and Responsibilities: 1) Strategic Sourcing: Identify and evaluate suppliers for indirect goods and services. Conduct RFQs (Request for Quotations) and RFPs (Request for Proposals) to drive competitive pricing. Develop and implement category strategies aligned with company objectives. 2) Supplier Relationship Management: Build and maintain strong relationships with key suppliers. Monitor supplier performance against agreed KPIs (Key Performance Indicators). Negotiate contracts, including pricing, terms, and conditions. 3) Cost Management: Identify and implement cost-saving opportunities across indirect categories. Analyse spend data to uncover trends and opportunities for consolidation. 4) Stakeholder Engagement: Collaborate with internal departments to understand their procurement needs and ensure alignment. Act as the primary point of contact for indirect procurement queries. 5) Compliance and Risk Management: Ensure all procurement activities comply with company policies and legal requirements. Mitigate risks through effective contract management and supplier due diligence. 6) Operational Excellence: Maintain accurate records of procurement activities, including purchase orders and supplier agreements. Use procurement tools and software to streamline processes and improve efficiency. Knowledge, Skills, Qualifications and Experience: Strong understanding of indirect procurement categories, including supplier markets and cost drivers. Familiarity with procurement methodologies, such as category management and strategic sourcing. Knowledge of contract law and supplier performance management. Excellent negotiation and communication skills. Strong analytical skills with proficiency in procurement tools and software. Ability to manage multiple projects simultaneously while meeting deadlines. Strong stakeholder management and relationship-building abilities. Proficient in Microsoft Office software Bachelor’s degree in Business, Supply Chain Management, or a related field. Professional certifications such as CIPS (Chartered Institute of Procurement & Supply) are desirable. Previous experience in indirect procurement or a related field. Proven track record in achieving cost savings and managing supplier relationships. Experience in contract negotiation and managing RFQs/RFPs. Knowledge of working in a cross-functional team environment. In return for your hard work, we offer excellent career progression opportunities and a professional environment where you can acquire, use, and continue developing your skills. Your package will include: Competitive Salary Pension scheme with up to 6% employer matched contributions Life assurance 25 Days Holiday (plus 8 statutory Bank Holidays) Holiday buy-back scheme (5 additional days available) Established hybrid working structure Enhanced maternity and paternity leave Employee Assistance Programme supporting wellness with immediate access to: 1) GP consultation and second opinions 2) Mental health support 3) Financial and Legal support 4) Wellbeing and healthy living support 5) Online Dentist consultations Cycle to work scheme Professional Membership and Study Sponsorship Pass scheme (£100 per year to undertake training of your choice) Quarterly employee recognition awards Employee referral scheme with financial reward Benefits hub with employee retail discounts Discounted eye test vouchers At TVS SCS we encourage and support our employees to realise their potential. They are empowered to take initiative and achieve high impact results that really make a difference to our business and our customers. Security Clearance Requirement Candidates must be eligible to undergo Baseline Personnel Security Standard (BPSS) clearance. This process includes verification of identity, right to work in the UK, employment history, and a basic criminal records check for unspent convictions. Please note that candidates must have resided in the UK for 3 years to meet BPSS eligibility requirements. If you require any adjustments to allow you take a full and active part in the selection process, please notify us as part of your application. Please note TVS Supply Chain Solutions is an Equal Opportunities Employer. TVS have signed the Armed Forces covenant and are a forces friendly employer.41bf1e1f-b16b-4260-a40a-17c77a06fd15
Indirect Buyer employer: TVS Supply Chain Solutions UK & Europe
Contact Detail:
TVS Supply Chain Solutions UK & Europe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Indirect Buyer
✨Tip Number 1
Familiarise yourself with the latest trends in indirect procurement. Understanding current market dynamics and cost drivers will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the procurement field, especially those who have experience in indirect buying. Attend industry events or join relevant online forums to gain insights and potentially get referrals for job openings.
✨Tip Number 3
Prepare to discuss specific examples of how you've achieved cost savings or improved supplier relationships in previous roles. Having concrete examples ready will showcase your skills and make you a more attractive candidate.
✨Tip Number 4
Research StudySmarter's values and recent initiatives. Tailoring your conversation to align with our goals and demonstrating how you can contribute to our success will set you apart from other candidates.
We think you need these skills to ace Indirect Buyer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in indirect procurement, supplier relationship management, and cost-saving initiatives. Use specific examples that demonstrate your skills in negotiation and stakeholder engagement.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Indirect Buyer role and explain how your background aligns with the responsibilities outlined in the job description. Mention your understanding of procurement methodologies and your ability to manage multiple projects.
Showcase Analytical Skills: Provide examples in your application that showcase your analytical skills, particularly in analysing spend data and identifying cost-saving opportunities. This will demonstrate your capability to deliver value to the company.
Highlight Relevant Qualifications: If you have a Bachelor’s degree in Business or Supply Chain Management, or any professional certifications like CIPS, make sure to mention these prominently in your application. They are desirable qualifications for this role.
How to prepare for a job interview at TVS Supply Chain Solutions UK & Europe
✨Understand the Role
Make sure you have a solid grasp of what an Indirect Buyer does. Familiarise yourself with procurement methodologies, supplier markets, and cost drivers. This will help you answer questions confidently and demonstrate your knowledge during the interview.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've conducted, especially those that resulted in cost savings or improved supplier relationships. Be ready to discuss your approach to negotiating contracts and how you handle challenges in this area.
✨Highlight Stakeholder Engagement Experience
Since the role involves collaborating with various internal departments, be prepared to discuss your experience in stakeholder management. Share specific instances where you successfully engaged with stakeholders to meet their procurement needs.
✨Demonstrate Analytical Abilities
The position requires strong analytical skills, so be ready to talk about how you've used data to identify trends and opportunities in previous roles. Discuss any tools or software you've used to streamline procurement processes and improve efficiency.