At a Glance
- Tasks: Negotiate supplier contracts and develop sourcing strategies for cutting-edge automotive technology.
- Company: Join McLaren Automotive, a leader in performance road cars with a dynamic culture.
- Benefits: Enjoy 25 days holiday, private medical insurance, and flexible lifestyle benefits.
- Other info: Diversity and inclusion are at our core, driving innovation and creativity.
- Why this job: Be part of a high-performing team that pushes boundaries in the automotive industry.
- Qualifications: Degree in Business or Engineering preferred; previous purchasing experience is a plus.
The predicted salary is between 35000 - 45000 £ per year.
The Mc Laren Automotive Procurement Department is an exciting yet demanding, fast paced and commercially driven environment.
The successful candidate will be working as part of a high performing and agile team, with direct report into the Powertrain Purchasing Manager.
Cross functional engagement with our Engineering, Quality, Production and Legal Teams is vital for successful delivery and performance.
Reporting to the Procurement Manager, the Commodity Buyer is responsible for negotiating and completing supplier contracts within the Powertrain commodity group.
The role involves leading sourcing activities and developing supplier strategies in collaboration with Engineering and Supplier Quality, ensuring Mc Laren leverages the best technology, cost, and quality for the future of the company.
What You'll Do
• The Commodity Buyer is accountable for the following key activities
- 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
- What You'll Bring
- 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.
- 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
- 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. Mc Laren 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.
Mc Laren 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.
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Buyer - Powertrain in Woking employer: McLaren Automotive Ltd
McLaren Automotive is an exceptional employer, offering a dynamic and innovative work environment that fosters growth and excellence in the automotive industry. With a strong focus on employee development, you will have the opportunity to lead multimillion-pound portfolios and engage in meaningful negotiations, all while being part of a team that values collaboration and best practices. Located in a prestigious automotive hub, McLaren provides a unique chance to contribute to world-class products and be part of a transformative journey in a company renowned for its performance and quality.
StudySmarter Expert Advice🤫
We think this is how you could land Buyer - Powertrain in Woking
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like McLaren Automotive Ltd.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Buyer - Powertrain in Woking
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to McLaren Automotive Ltd:Your cover letter should read like you’re chatting directly to McLaren Automotive Ltd. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like McLaren Automotive Ltd.
How to prepare for a job interview at McLaren Automotive Ltd
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at McLaren Automotive Ltd!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at McLaren Automotive Ltd. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into McLaren Automotive Ltd's culture.
