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For Companies At a Glance
- Tasks: Lead sourcing strategies and negotiate contracts to save costs and ensure supply continuity.
- Company: Join a rapidly expanding company with a national presence and a commitment to excellence.
- Benefits: Enjoy competitive salary, company benefits, holiday, pension, and opportunities for progression.
- Why this job: Be part of a dynamic team driving strategic initiatives and making a real impact.
- Qualifications: Experience in procurement, strong negotiation skills, and CIPS qualification preferred.
- Other info: Full-time role with a supportive culture focused on professional development.
The predicted salary is between 50000 - 55000 £ per year.
Procurement Manager
Birmingham
£50,000 – £55,000 + Company Benefits + Progression + Holiday + Pension
Are you looking to join an exciting company who are currently expanding and operate nationally?
We are seeking an experienced Procurement Manager to join our Procurement team. You will be responsible for developing and deploying a Sourcing Strategy and delivering savings for the assigned Categories while ensuring Operational Procurement excellence and continuity of supply, as part of a centralised purchasing function.
Your duties will include:
Lead cross-functional teams to develop and deliver category plans and strategies.
Develop new and alternate sources of supply.
Identify cost savings and improvement opportunities, reporting results to Head of Procurement and the wider business.
Drive all key strategic sourcing initiatives for the category.
Lead commercial negotiations for sourcing products and services, and work with the legal team to formalize the final contracts with vendors. Incorporate TCO, should-Cost and VE models where appropriate.
Calculate and present annual savings.
Ensure negotiations with suppliers safeguard continuity of supply, improve lead-times, control pricing, and mitigate risk.
Build internal relationships by spending time with stakeholders to understand their challenges and goals.
Work with and develop a set of procurement tools as necessary including electronic tendering, electronic signature, contract database, supplier catalogue portal and spend categorisation tools.
Work with the team to develop the spend cube. Support tactical and operational improvements in purchasing activity.
Work with suppliers to crystallize savings and build long-term relationships.
Lead strategic sourcing initiatives such as industry and market analysis & benchmarking, risk mitigation plans, supplier performance improvement plans
Monitor and report key procurement metrics such as savings delivered and volume of Purchase Orders.
Convert the company’s approved Purchase Requisitions into Purchase Orders.
Carry out any other purchasing duties as may arise from time to time.
Provide information, maintain records and carry out all duties in an accurate, efficient and timely manner.
Enhance the image and reputation of the company whilst supporting its commercial interests.
Comply with good health and safety practice, all statutory requirements, company policies and standard procedures.
Skills:
Demonstrable experience of the sourcing process. Good technical purchasing knowledge
Demonstrable examples of project savings delivery including negotiated benefit and value chain engineering / business process improvement / total cost of ownership / should-cost / single source models.
Stakeholder engagement at senior level and project delivery. Ability to lead cross-functional projects.
Knowledge and understanding of the Purchase to Pay process and systems e.g. e-RFx.
Experience of developing and implementing new processes e.g. supplier catalogue, spend cube, contract database, vendor performance management, procurement dashboard systems
Experience / knowledge of procurement transformation.
Experience working with Legal around contract negotiation / signature and subsequent implementation and management of high value / high risk vendors during the life of a contract.
Experience and understanding of guiding, motivating, mentoring and developing staff members within the department.
CIPS qualified or working towards the qualification
Good level of experience with Excel
Salary: £50,000 – £55,000
Hours – Full time – 8.30am – 5.00pm Mon-Fri . 37.5hr week
Procurement Manager employer: LINKS Recruitment
Contact Detail:
LINKS Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager
✨Tip Number 1
Familiarize yourself with the latest trends in procurement and sourcing strategies. This will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the procurement industry, especially those who have experience in strategic sourcing and vendor management. Attend industry events or join relevant online forums to build connections that could lead to valuable insights and opportunities.
✨Tip Number 3
Prepare to discuss specific examples of how you've delivered savings and improved processes in previous roles. Being able to articulate your achievements clearly will set you apart from other candidates.
✨Tip Number 4
Research StudySmarter's values and culture to align your approach during the interview. Understanding our mission and how you can contribute will show your genuine interest in joining our team.
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in procurement and sourcing strategies. Use specific examples of cost savings and project delivery to demonstrate your expertise.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with cross-functional teams and stakeholder engagement, and how you can contribute to their procurement goals.
Highlight Relevant Skills: In your application, emphasize your technical purchasing knowledge and experience with procurement transformation. Include any qualifications like CIPS or relevant training that support your candidacy.
Showcase Achievements: Include quantifiable achievements in your application, such as specific savings delivered or successful negotiations. This will help illustrate your impact in previous roles and align with the company's focus on savings and efficiency.
How to prepare for a job interview at LINKS Recruitment
✨Showcase Your Sourcing Strategy Skills
Be prepared to discuss your experience in developing and deploying sourcing strategies. Highlight specific examples where you successfully delivered savings and improved operational procurement excellence.
✨Demonstrate Stakeholder Engagement
Illustrate your ability to build relationships with stakeholders. Share instances where you engaged with senior-level stakeholders to understand their challenges and how you addressed them through procurement initiatives.
✨Prepare for Commercial Negotiations
Expect questions about your negotiation skills. Be ready to discuss your approach to leading commercial negotiations, including how you ensure continuity of supply and mitigate risks during the process.
✨Highlight Your Technical Knowledge
Make sure to emphasize your technical purchasing knowledge and experience with procurement tools. Discuss any relevant systems you've implemented, such as electronic tendering or contract databases, and how they contributed to efficiency.
