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- Tasks: Negotiate supplier contracts and develop sourcing strategies for high-performance automotive components.
- Company: Join McLaren Automotive, a leader in innovative performance road cars.
- Benefits: Enjoy 25 days holiday, enhanced pension, private medical insurance, and career development.
- Why this job: Be part of a dynamic team pushing the boundaries of automotive excellence.
- Qualifications: Degree in Business or Engineering preferred; previous purchasing experience is a plus.
- Other info: Collaborative environment with strong focus on diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
The McLaren Automotive Purchasing Department is an exciting yet demanding, fast paced and commercially driven environment. Reporting to the Procurement Manager, the Commodity Buyer is responsible for negotiating and completing supplier contracts within assigned commodity groups (Electric Powertrain, Electrical, Chassis, Exterior, Interior, Powertrain, Body in White and Carbon). The role involves leading sourcing activities and developing supplier strategies in collaboration with Engineering and Supplier Quality, ensuring McLaren leverages the best technology, cost, and quality for the future of the company.
Responsibilities
- Negotiate and finalize production supplier contracts for assigned commodities.
- Mitigate cost increases and drive cost-down activities within scope.
- Collaborate with Engineering and Supplier Quality to develop and deploy sourcing strategies.
- Conduct supplier assessments and coordinate sourcing recommendations.
- Ensure suppliers meet program targets for timing, cost, quality, and technical attributes.
- Serve as the focal point for Supplier Relationship Management (SRM) activities with suppliers and internal customers.
- Support risk assessment, total acquisition cost analysis, and cross-functional alignment on technical and quality criteria.
Qualifications
- Degree in Business, Engineering, or related field preferred; MCIPS qualification desirable.
- Previous purchasing experience in a manufacturing environment (automotive preferred).
- Solid experience in procurement or commodity buying.
- Experience in developing structured commodity strategies, including risk and cost assessments.
- Some experience negotiating complex contracts.
- Strong written and oral communication skills; ability to influence at senior management level.
- Good understanding of cost breakdown analysis.
Personal Attributes / Competencies
- Analytical mindset and attention to detail.
- Ability to build strong supplier relationships.
- Collaborative approach with cross-functional teams.
- Eagerness to learn and develop within the procurement function.
What We'll Do for You
- We offer a wide-ranging benefits package, which includes:
- Structured career development framework
- 25 days' holiday, plus bank holiday.
- Annual buy & sell up to five days
- Enhanced company pension scheme
- Discretionary annual bonus award
- Private medical insurance and health cash plan
- Life assurance benefit
- Ability to apply for a sabbatical of up to one year after only two years' service
- Benefits you can adapt to your lifestyle, such as discounted shopping
- Generous parental leave policies
- A range of wellbeing initiatives, such as employee assistance programme and free financial & mortgage advice
Who Are We?
No restraints. No limitations. We don’t simply push boundaries. We completely rethink them. McLaren Automotive exists to create breath-taking performance road cars. It takes a community to do what we do. A diverse group of people with many areas of expertise, united by their passion to deliver visionary products and set new benchmarks. McLaren Automotive commits to equal opportunity for all. Diversity, Equality and Inclusion is at the heart of our impact, it drives our innovation and enables us to truly create something special. Join us on our journey.
Buyer in Woking employer: McLaren Automotive Ltd
Contact Detail:
McLaren Automotive Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Buyer in Woking
✨Tip Number 1
Network like a pro! Reach out to people in the automotive industry, especially those who work at McLaren or similar companies. Attend industry events or join online forums to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching McLaren's values and recent projects. Show us you understand their commitment to innovation and quality. Tailor your answers to reflect how your skills in procurement and supplier management align with their goals.
✨Tip Number 3
Practice your negotiation skills! Since the Buyer role involves negotiating contracts, consider role-playing scenarios with friends or mentors. This will help you feel more confident when discussing terms and conditions during interviews.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in being part of the McLaren team.
We think you need these skills to ace Buyer in Woking
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Buyer role at McLaren. Highlight your relevant experience in procurement and commodity buying, especially in the automotive sector. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a perfect fit for our team. Don’t forget to mention your analytical mindset and collaborative approach!
Showcase Your Achievements: When detailing your previous roles, focus on specific achievements that demonstrate your negotiation skills and ability to drive cost-down activities. We love numbers, so if you can quantify your successes, even better!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join the McLaren family!
How to prepare for a job interview at McLaren Automotive Ltd
✨Know Your Commodities
Before the interview, dive deep into the specific commodities you'll be handling, like Electric Powertrain and Chassis. Understanding the nuances of these areas will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Master Negotiation Scenarios
Prepare for potential negotiation scenarios you might face in the role. Think about how you would approach cost-down activities or mitigate cost increases. Practising these strategies can help you articulate your thought process clearly during the interview.
✨Showcase Your Analytical Skills
Since the role requires a strong analytical mindset, come prepared with examples of how you've used data to make purchasing decisions in the past. Highlight any experience with cost breakdown analysis and how it influenced your procurement strategies.
✨Build Relationships
Emphasise your ability to build strong supplier relationships. Share stories of successful collaborations with cross-functional teams, as this will demonstrate your collaborative approach and fit within McLaren's culture.
