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- Tasks: Lead procurement strategy, manage suppliers, and optimize costs for INEOS Compounds.
- Company: Join INEOS Compounds, a leader in manufacturing with a focus on sustainability.
- Benefits: Competitive salary, bonus opportunities, and a chance to work in a dynamic environment.
- Why this job: Make an impact through strategic sourcing and supplier management while promoting safety and quality.
- Qualifications: Bachelor's degree in Procurement or Supply Chain Management; experience in manufacturing preferred.
- Other info: Opportunity to collaborate with teams across Sweden and Switzerland.
The predicted salary is between 36000 - 60000 £ per year.
Imperial Recruitment Group are working with INEOS Compounds on a retained basis as they are looking to appoint a Procurement Manager to be based at their site at Newton Aycliffe.
Location:
Newton Aycliffe
Salary:
Competitive + bonus
Hours:
Full time
Type:
Permanent
Main Purpose
To lead and implement a comprehensive procurement strategy for INEOS Compounds, ensuring cost-effective sourcing, supply chain optimisation, and risk mitigation.
Duties:
Strategic Procurement:
- Develop and execute a long-term procurement strategy aligned with business objectives.
- Identify and implement cost-saving initiatives, including supplier negotiations and contract optimisation.
- Conduct market analysis to identify potential suppliers and pricing trends.
- Manage supplier relationships to ensure timely delivery, quality, and compliance.
- You will be responsible for the procurement of all indirect purchasing categories and for Packaging, Pigments, Fillers, Lubricants & Other Raw Materials within the direct categories.
Operational Procurement:
- Oversee day-to-day procurement activities, including purchase order processing, expediting, and invoice verification.
- Manage inventory levels to optimize working capital and minimize stockouts.
- Implement and maintain robust procurement processes and procedures.
- Ensure compliance with company policies, procedures, and regulatory requirements.
- Develop and maintain a strong supplier base, focusing on quality, reliability, and cost-effectiveness.
- Conduct supplier performance reviews and implement corrective actions as needed.
- Identify and mitigate supply chain risks, including supplier disruptions and geopolitical factors.
Cost Reduction and Value Engineering:
- Continuously seek opportunities to reduce costs and improve efficiency.
- Implement value engineering initiatives to optimize product design and sourcing.
- Collaborate with cross-functional teams to identify cost-saving opportunities.
Project Procurement:
- Support capital expenditure projects by sourcing equipment, materials, and services across all 3 sites.
- Manage procurement activities for new product development and plant expansions.
Safety, Health, Environment, and Quality (SHEQ):
- Ensure compliance with SHEQ standards and regulations.
- Promote a culture of safety and sustainability within the procurement function.
- Select suppliers based on their SHEQ performance and commitment.
Requirements:
- Bachelor’s degree in Procurement, Supply Chain Management or a related field.
- Proven track record in procurement, preferably in a manufacturing environment.
- Strong negotiation and contract management skills.
- Experience in managing complex procurement projects.
- Knowledge of ERP systems (e.g., SAP) and procurement software.
- Excellent communication and interpersonal skills.
- Ability to work under pressure and meet tight deadlines.
For more information please get in touch with Dan at Imperial Recruitment Group
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Procurement Manager employer: INEOS Compounds
Contact Detail:
INEOS Compounds Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager
✨Tip Number 1
Familiarize yourself with the specific procurement strategies and practices used in the manufacturing sector. Understanding industry standards will help you demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the procurement field, especially those who have experience in manufacturing. Attend industry events or join relevant online forums to connect with potential colleagues and learn about best practices.
✨Tip Number 3
Research INEOS Compounds and their procurement processes. Knowing their current suppliers, challenges, and market position can give you an edge in discussions and show your genuine interest in the role.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully managed supplier relationships and implemented cost-saving initiatives in previous roles. Real-life scenarios can illustrate your capabilities effectively.
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Procurement Manager position. Highlight key responsibilities and requirements that resonate with your experience and skills.
Tailor Your CV: Customize your CV to reflect relevant experience in procurement, supplier management, and cost reduction initiatives. Use specific examples that demonstrate your achievements in these areas.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the strategic goals of INEOS Compounds. Emphasize your negotiation skills, project management experience, and commitment to SHEQ standards.
Highlight Relevant Skills: In your application, make sure to showcase your knowledge of ERP systems and procurement software, as well as your ability to work under pressure. These skills are crucial for the role.
How to prepare for a job interview at INEOS Compounds
✨Understand the Procurement Strategy
Make sure you have a clear understanding of procurement strategies and how they align with business objectives. Be prepared to discuss your experience in developing and executing similar strategies.
✨Showcase Your Negotiation Skills
Highlight your negotiation and contract management skills during the interview. Prepare examples of successful negotiations you've conducted and how they resulted in cost savings or improved supplier relationships.
✨Demonstrate Supplier Management Experience
Be ready to talk about your experience in managing supplier relationships. Discuss how you've conducted performance reviews and implemented corrective actions to ensure quality and reliability.
✨Familiarize Yourself with SHEQ Standards
Since safety, health, environment, and quality are crucial in this role, familiarize yourself with relevant SHEQ standards. Be prepared to discuss how you've promoted a culture of safety and sustainability in previous roles.
