At a Glance
- Tasks: Manage supplier relationships, negotiate contracts, and optimize supply chain operations.
- Company: Corin is a global leader in orthopedic innovation, integrating advanced technologies for better healthcare outcomes.
- Benefits: Enjoy a competitive salary, bonus, generous holiday, and excellent pension options.
- Why this job: Join a mission-driven company that values innovation and positively impacts lives through healthcare.
- Qualifications: Degree in business or related field; experience in supplier management and contract negotiations required.
- Other info: This hybrid role requires on-site presence at least 3 days a week in Cirencester.
The predicted salary is between 36000 - 60000 £ per year.
Corin is seeking a Supplier Relationship Manager to evaluate and manage Corin\’s vendors to ensure that we are meeting our supply chain needs. You will assess the performance of suppliers, negotiate contracts, and work to improve relationships with suppliers to optimize business operations. . This is a hybrid role so requires site presence a minimum of 3 days a week. in Cirencester, Gloucestershire.
The responsibilities of the Supplier Relationship Manager are to
- Build strategic and visible relationships with all key stakeholders across Global Operations and R&D adding value, mitigate risk and understand future supply chain business needs in accordance with project or production deliverables
- Engage and work collaboratively with business stakeholders to identify future opportunities driving correct suppliers for future business needs
- Keep updated and aligned with the business regarding obsolescence, risk management and Business Continuity Planning
- Support internal stakeholders with key supplier performance reviews to help build business capability
- Be the Subject Matter Expert with all your Suppliers Accounts – Build, maintain, manage and optimise supplier relationships
- Execute and manage supplier agreements with the correct clauses including on time delivery, risk mitigation and contingency planning to ensure continuity of supply
- Develop and implement functional support strategies to ensure best proactive evolvement and compliance, efficient utilisation of tools and reports to support KPI expectations.
- Deliver value via; rebate, revenue savings, cost mitigation, year on year cost reduction, stocking/ VMI agreements.
- Understand and manage supplier issues / escalations promptly and effectively, to enable alternative solutions to be assessed( potentially via 2nd tier supplier options) to ultimately reduce risk and alleviate potential supply chain delays
The ideal Supplier Relationship Manager will have / be
- A degree in business, operations, supply chain, or related field
- A CIPS certification would be advantageous
- Significant direct experience in managing successful supplier relationships
- A background in strategic sourcing, purchasing or procurement
- Expertise pricing and contract negotiations and evidence of driving cost reductions
- Proven track-record of working cross-functionally to deliver departmental improvements on time
- Collaborative, personable, a strong communicator, with the ability to influence at senior management and key stakeholders
- Able to prioritise effectively and meet demanding deadlines
- Excellent written and verbal communication, as well as a strong collaborative team approach.
- Advanced analytical skills
Corin is a growing global orthopaedic innovation business, with a vision to revolutionize the field, by integrating advanced robotic and AI technologies (Apollo, OMNIBotics and OPS) for planning, implementation, and continuous learning with its unique combination of clinically proven hip and knee implants.
Since its inception nearly 40 years ago, Corin has strived to maximize healthcare value by providing a fast, positive, and assured return to the quality of life for people all over the world. Our revolutionary technologies enable patients, surgeons, and healthcare providers to connect more closely than ever.
For further information on who we are, our products and services, please visit www.coringroup.com
If you want to be part of our journey, join us as “Our people and products change people’s lives, connect your career ambition to our vision”
Our benefits, what’s in it for you
- A competitive salary and a discretionary annual bonus
- Pension starts at 6% rising to 9.7% after 18 months if you contribute 4%
- 25 days holiday plus bank holidays
- Excellent pension – starts at 6%, going up to 9.7% after 18 months.
- Life assurance – Six times your basic salary
- Private medical insurance with BUPA for you and your family
- Free annual eye tests and flu vaccinations
- Employee referral program where you can earn up to £1,000 for each successful hire you recommend
Supplier Relationship Manager employer: Corin Group
Contact Detail:
Corin Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Supplier Relationship Manager
✨Tip Number 1
Familiarize yourself with Corin's products and services, especially their innovative technologies like Apollo and OMNIBotics. Understanding how these technologies integrate into the supply chain will help you demonstrate your value during discussions.
✨Tip Number 2
Network with professionals in the orthopaedic and supply chain sectors. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into best practices in supplier relationship management.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed supplier relationships in the past. Highlight your experience in contract negotiations and cost reductions, as these are key aspects of the role.
✨Tip Number 4
Showcase your collaborative skills by preparing to discuss how you've worked cross-functionally in previous roles. Being able to influence senior management and stakeholders is crucial for this position, so be ready to share relevant experiences.
We think you need these skills to ace Supplier Relationship Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Supplier Relationship Manager position. Understand the key responsibilities and required skills, such as supplier performance assessment, contract negotiation, and relationship management.
Tailor Your CV: Customize your CV to highlight relevant experience in managing supplier relationships, strategic sourcing, and procurement. Use specific examples that demonstrate your expertise in pricing negotiations and cost reductions.
Craft a Compelling Cover Letter: Write a cover letter that connects your career ambitions with Corin's vision. Emphasize your collaborative approach, strong communication skills, and ability to influence stakeholders, aligning them with the company's goals.
Highlight Relevant Qualifications: Make sure to mention any relevant qualifications, such as a degree in business or supply chain management and CIPS certification. This will strengthen your application and show that you meet the educational requirements for the role.
How to prepare for a job interview at Corin Group
✨Understand the Supply Chain Landscape
Familiarize yourself with Corin's supply chain operations and the specific challenges they face. Be prepared to discuss how your experience aligns with their needs and how you can contribute to optimizing supplier relationships.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations where you successfully reduced costs or improved contract terms. Highlight your ability to influence stakeholders and drive value through effective supplier agreements.
✨Demonstrate Cross-Functional Collaboration
Be ready to share experiences where you've worked with different departments to achieve common goals. Emphasize your communication skills and how you can bridge gaps between teams to enhance supplier performance.
✨Prepare for Behavioral Questions
Anticipate questions that assess your problem-solving abilities and how you handle supplier issues. Use the STAR method (Situation, Task, Action, Result) to structure your responses and showcase your analytical skills.