At a Glance
- Tasks: Manage supplier relationships and negotiate contracts to ensure cost-effective supply of materials.
- Company: Join a leading company focused on innovative procurement solutions.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for global engagement.
- Why this job: Make a significant impact on business operations while developing your procurement expertise.
- Qualifications: Bachelor’s degree in Business, Economics, or related field; strong communication and negotiation skills.
The predicted salary is between 45000 - 55000 £ per year.
Overview Responsible for ensuring uninterrupted, cost effective supply of a portfolio of raw materials/goods & services necessary to support Afton business goals and operations including but not limited to production facilities, contract manufacturing facilities, resale operations, R&D facilities and corporate departments.
Position is typically responsible for more than $75MM in annual spend with several high-volume business critical materials, products or services.
Generally the % of strategic procurement vs. tactical procurement will increase to 60% in this role.
Typically works under direction and guidance Responsibilities1.
Develop and manage supplier relationships to negotiate and maintain price and supply conditions ensuring commercial terms are optimized, supply maintained, contracts implemented and managed as appropriate.
SAP pricing, material transfers and forecasting data are maintained in alignment with Planning and Logistics team.2.
Develop an understanding of the market for raw materials, products and services purchased and identify factors influencing availability and pricing (know the buy) ensuring that significant market changes are anticipated, managed and communicated.
Activities supported by enhanced Power BI-based COGS tracking and analytics to improve cost visibility and decision-making.3.
Identify and support qualification of new suppliers, contract manufacturers and toll manufacturers, including site visits to assess operational, EHS, ESG, and quality standards.
Partner with suppliers to identify new sourcing opportunities, technologies, and cost-effective solutions that support Afton and New Market business objectives, including Capex and strategic growth initiatives.4.
Prepare, maintain and communicate long term sourcing strategies to support the Long Range Plan (LRP) both within region and at a global level as appropriate to ensure raw material, products and services availability and economics are communicated to and support the needs of the business.5.
Develop and maintain forecasts (volume and price) for use with suppliers and for communication within Afton including the Annual Operating Plan (AOP) process, leveraging internal digital tools to improve forecast accuracy.6.
Monitor quality and consistency of raw materials, products and services used via the Spec Manager, VNCS (Non-conformance system) and Vendor Assessment - together as Supplier Care System, to record quality issues/resolutions.
Consult with Process Technology, R&D and Manufacturing and other departments as required, investigating and resolving quality issues quickly and effectively. 7.
Collaborate with other Afton/ New Market Services purchasing team members on a regional and global basis to identify synergies that will ensure maximization of strategic purchasing and supply network optimization initiatives.8.
Ensure business continuity through strategies including Mo C (Management of Change) tracking and governance via Accolade platform.9.
Consult with Business Group, R&D, Manufacturing and Process Technology to provide information regarding competitive challenges, potential entrants, pricing initiatives and quality, service, price and distribution issues, all supported by robust data analytics.10.
Demonstrate, lead and encourage best practice within the procurement process; vendor selection, specifications, tender & negotiation process/policy, business award, contracts implementation and maintenance etc.
Qualifications Bachelor’s Degree or equivalent in Business, Economics, Math, Chemistry or Supply Chain Demonstrated strong communication, negotiation and organizational skills with relevant or related experience Procurement or directly relevant sales/commercial experience Job Summary
Sr Procurement Specialist employer: NewMarket Corporation
Afton is an exceptional employer that prioritises employee growth and development, offering a dynamic work culture where innovation and collaboration thrive. As a Sr Procurement Specialist, you will play a crucial role in managing significant supplier relationships and strategic procurement initiatives, all while benefiting from a supportive environment that values your contributions and encourages professional advancement. Located in a vibrant area, Afton provides unique opportunities to engage with cutting-edge technologies and market insights, ensuring that your work is both meaningful and impactful.
