At a Glance
- Tasks: Develop and execute sourcing strategies while managing supplier relationships and driving cost reduction.
- Company: Join Bulten, a leader in innovative and sustainable fastener solutions.
- Benefits: Enjoy a competitive salary, pension scheme, life insurance, and health cash plan.
- Other info: Full-time position with excellent career growth opportunities in a global company.
- Why this job: Make an impact in the automotive industry with strategic sourcing and supplier management.
- Qualifications: 5+ years in a commercial role with strong negotiation and project management skills.
The predicted salary is between 36000 - 60000 £ per year.
The Commodity Manager is responsible for developing and executing sourcing strategies for all assigned product categories to ensure cost efficiency, quality, and supply continuity. Build supplier relationships, negotiate contracts, manage risk, and drive cost reduction initiatives while ensuring quality and timely delivery.
Main duties and responsibilities:
- Develop and implement commodity sourcing strategies and manage purchasing activities with nominated suppliers.
- Identify, evaluate, and onboard new sources of supply, to ensure that the supplier strategy fulfils the needs of Bulten and its customers in respect of quality, sustainability, logistics & act as an escalation point when required.
- Lead contract negotiations and setting of pricing agreements.
- Initiate and conduct cost saving projects to evaluate competitiveness of the supply base.
- Actively drive supplier/SKU rationalisation, consolidating volumes towards strategic or preferred vendors.
- Update and maintain purchase related data and registers in M3 i.e. pricelists.
- Drive value engineering initiatives managing projects that contribute to Bulten's long-term profitability.
- Analyse market trends, supply risks, and cost drivers and develop contingency plans.
- Manage supplier performance (quality, delivery, cost, innovation). Reporting progress in Canea.
- Collaborate with engineering, operations, quality, and finance teams.
- Responsible for the communication and adherence of all direct reports to Bulten Health and Safety Policy and procedures.
- Other duties as assigned.
Knowledge of and adherence to ISO 14001, ISO 45001 and IATF 16949.
Candidate Profile:
- Relevant degree in a commercial or purchasing-related field.
- Minimum 5 years of experience in a commercial role.
- Proactive and self-motivated, with a strong sense of responsibility for outcomes.
- Strong negotiation and contract management skills.
- Strategic sourcing expertise.
- Cost analysis and financial acumen.
- Supplier relationship management.
- Risk management & problem-solving.
- Data analysis (ERP/MRP systems knowledge preferred).
- Excellent communication & cross-functional collaboration.
- Project management skills.
- Good understanding of supply chain procedures.
- Strong knowledge of automotive industry requirements.
Our Offer:
- Full time permanent position.
- Monday to Friday - 35 hours per week.
- 8% Company Pension Scheme contributions from Day One.
- Life Insurance Scheme x 4 of salary.
- Westfield Health Cash Mosaic Scheme.
Commodity Manager (Scunthorpe) employer: Bulten AB
Bulten is an exceptional employer, offering a dynamic work environment in Scunthorpe where innovation meets responsibility. As a Night Shift Senior Warehouse Operative, you'll benefit from a competitive salary, generous holiday allowance, and a robust pension scheme, all while being part of a team that values safety, efficiency, and employee development. With opportunities for training and growth, Bulten fosters a culture of collaboration and support, ensuring that every team member can thrive and contribute to our success in the global fastener industry.
StudySmarter Expert Advice🤫
We think this is how you could land Commodity Manager (Scunthorpe)
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Bulten AB.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Commodity Manager (Scunthorpe)
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Bulten AB:Your cover letter should read like you’re chatting directly to Bulten AB. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Bulten AB.
How to prepare for a job interview at Bulten AB
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Bulten AB!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Bulten AB. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Bulten AB's culture.
