At a Glance
- Tasks: Manage sourcing processes and build strong supplier relationships for business needs.
- Company: Dynamic company in Milton Keynes offering hybrid work.
- Benefits: Up to £66,000 salary, great pension, 28 days leave, and travel perks.
- Other info: Collaborative environment with cross-functional teamwork and focus on cost-saving initiatives.
- Why this job: Excel your procurement career with opportunities for growth and impactful projects.
- Qualifications: 3+ years in sourcing, experience with high-value tenders, and strong decision-making skills.
The predicted salary is between 55000 - 65000 £ per year.
Our client are looking for a Sourcing Manager to join their team and manage the sourcing process for large business needs. This role will work closely with suppliers and include tender processes. This is an excellent opportunity to excel your procurement career with future progression available.
Role & Responsibilities:
- Develop and execute strategic sourcing initiatives to optimise supplier performance, reduce costs, and ensure continuity of supply.
- Identify, evaluate, and negotiate contracts with suppliers to secure favorable pricing, quality, and service agreements.
- Build and maintain strong supplier relationships while monitoring performance through key metrics and regular business reviews.
- Run fair and clear tender processes.
- Collaborate with cross-functional teams, including Procurement, Operations, Finance, and Engineering, to align sourcing strategies with business objectives.
- Analyze market trends, supplier capabilities, and risk factors to support informed sourcing decisions and mitigate supply chain disruptions.
- Lead cost-saving and process improvement projects by leveraging spend analysis, supplier consolidation, and competitive bidding processes.
Essential Skills & Experience:
- 3+ years’ experience in sourcing or procurement positions.
- Experience managing tender processes.
- Experience managing high value tenders over £300,000 in value.
- Confident making decisions.
- Commercial acumen with the ability to balance value, risk and business requirements.
- Team player.
Package:
- Up to £66,000 basic salary.
- Hybrid working.
- Great pension scheme.
- 28 days annual leave + Bank holidays.
- Cycle to work scheme.
- Great travel benefits.
Sourcing Manager in Milton Keynes employer: Insight Select
As a leading insurer in the Lloyd's and London Market, we pride ourselves on fostering a collaborative work culture that values innovation and analytical excellence. Our employees benefit from continuous professional development opportunities, competitive remuneration, and a supportive environment that encourages growth and influence in portfolio management decisions. Join us in London, where your expertise in catastrophe modelling will directly impact our strategic risk and capital management initiatives.
