At a Glance
- Tasks: Lead procurement activities and manage supplier relationships to optimise costs and ensure timely acquisitions.
- Company: Join OCU, a leader in infrastructure engineering for utilities and digital markets.
- Benefits: Competitive salary, professional development, and opportunities to work with cutting-edge technology.
- Why this job: Make a real impact in a dynamic environment while driving strategic sourcing and supplier performance.
- Qualifications: Experience in procurement, strong negotiation skills, and a relevant degree are essential.
- Other info: Be part of a growing team working with top clients in energy and digital sectors.
The predicted salary is between 36000 - 60000 £ per year.
As a Senior Buyer, you will play a critical role in managing procurement activities and supplier relationships within the organisation. Leveraging your expertise in strategic sourcing, negotiation, and supply chain management, you will lead procurement initiatives to optimize costs, mitigate risks, and ensure the timely acquisition of goods and services to support business operations and objectives.
Duties and Responsibilities
- Strategic Sourcing: Develop and implement strategic sourcing strategies to identify costāsaving opportunities, streamline procurement processes, and enhance supplier performance. Conduct market research, supplier assessments, and benchmarking to identify potential suppliers, assess their capabilities, and negotiate favourable terms and conditions.
- Supplier Management: Manage relationships with key suppliers, including contract manufacturers, distributors, and service providers, to ensure alignment with business objectives and performance expectations. Conduct supplier evaluations, performance reviews, and audits to monitor supplier performance, address issues, and drive continuous improvement initiatives.
- Procurement Process: Lead the procurement process from requisition to purchase order issuance, ensuring compliance with company policies, procedures, and procurement regulations. Collaborate with internal stakeholders, including department heads, project managers, and finance teams, to gather procurement requirements, assess demand forecasts, and develop procurement plans.
- Negotiation and Contract Management: Negotiate contracts, pricing agreements, and service level agreements with suppliers to achieve cost savings, mitigate risks, and secure favourable terms and conditions. Review and analyse contract terms, conditions, and specifications to ensure compliance with business requirements, legal standards, and regulatory obligations.
- Supplier Diversity and Compliance: Promote supplier diversity initiatives and ensure compliance with diversity policies and regulations in supplier selection and contracting processes. Monitor supplier compliance with contractual obligations, quality standards, and ethical practices, and take corrective actions as necessary to address nonācompliance issues.
- Risk Management: Identify and assess risks associated with supply chain disruptions, price fluctuations, and supplier performance issues, and develop risk mitigation strategies to minimise exposure and ensure business continuity. Implement contingency plans, alternative sourcing strategies, and supply chain resilience measures to mitigate risks and ensure the availability of critical goods and services.
- Cost Analysis and Reporting: Analyse procurement data, spending patterns, and cost drivers to identify opportunities for cost reduction, process optimisation, and efficiency improvements. Prepare procurement reports, dashboards, and presentations to communicate key procurement metrics, performance indicators, and savings achievements to senior management and stakeholders.
Skills and Experience
- Proven experience as a buyer or procurement professional, with a track record of successfully managing procurement activities and supplier relationships.
- Strong knowledge of procurement principles, strategic sourcing methodologies, and contract negotiation techniques, with expertise in procurement processes and procedures.
- Excellent negotiation and communication skills, with the ability to build strong relationships with suppliers, stakeholders, and internal customers.
- Analytical mindset with the ability to analyse procurement data, conduct costābenefit analysis, and make dataādriven decisions to optimise procurement outcomes.
- Strong organisational and project management skills, with the ability to manage multiple projects simultaneously, prioritise tasks, and meet deadlines in a fastāpaced environment.
- Proficiency in procurement software and tools, such as ERP systems, eāprocurement platforms, and spend analytics tools, is desirable.
- Relevant degree or professional qualification in procurement, supply chain management, business administration, or a related field is essential. Professional accreditation or membership with relevant procurement organisations (e.g., CIPS) is advantageous.
Company Information
OCU leads the way in endātoāend infrastructure engineering in the utilities, digital, and energy markets, specialising in safely and efficiently delivering complex client requirements. Our breadth of capabilities and depth of operational capacity, paired with our cuttingāedge technology, ensure that we are not just part of the market; we are leading it. Working directly with many of the country's leading power, energy transition, water, telecoms and digital clients, we are looking for the very best talent to join our growing team.
Senior Buyer in London employer: Opals Group
Contact Detail:
Opals Group Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Senior Buyer in London
āØTip Number 1
Network like a pro! Reach out to your connections in the procurement field and let them know you're on the lookout for a Senior Buyer role. You never know who might have the inside scoop on job openings or can put in a good word for you.
āØTip Number 2
Prepare for interviews by researching the company and its suppliers. Understand their procurement strategies and be ready to discuss how your experience aligns with their needs. This shows you're genuinely interested and can hit the ground running.
āØTip Number 3
Practice your negotiation skills! As a Senior Buyer, you'll need to demonstrate your ability to secure favourable terms. Role-play scenarios with friends or colleagues to build confidence and refine your approach.
āØTip Number 4
Don't forget to apply through our website! We love seeing candidates who are proactive and engaged. Plus, it gives us a chance to see your application in the best light possible.
We think you need these skills to ace Senior Buyer in London
Some tips for your application š«”
Tailor Your CV: Make sure your CV is tailored to the Senior Buyer role. Highlight your experience in strategic sourcing, negotiation, and supplier management. We want to see how your skills align with what weāre looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youāre passionate about procurement and how your background makes you a perfect fit for our team. Letās see your personality come through!
Showcase Your Achievements: Donāt just list your responsibilities; showcase your achievements! Use specific examples of how youāve optimised costs or improved supplier relationships. We love seeing quantifiable results!
Apply Through Our Website: We encourage you to apply directly through our website. Itās the best way for us to receive your application and ensures you donāt miss out on any important updates. Letās get your journey started!
How to prepare for a job interview at Opals Group
āØKnow Your Procurement Stuff
Make sure you brush up on your procurement principles and strategic sourcing methodologies. Be ready to discuss specific examples from your past experiences where you've successfully managed supplier relationships or negotiated contracts. This will show that you not only understand the theory but can apply it in real-world situations.
āØResearch the Company
Dive deep into OCU's operations, especially their work in utilities, digital, and energy markets. Understanding their projects and challenges will help you tailor your responses and demonstrate how your skills align with their needs. Plus, it shows genuine interest in the company!
āØPrepare for Behavioural Questions
Expect questions that assess your problem-solving and negotiation skills. Use the STAR method (Situation, Task, Action, Result) to structure your answers. For instance, think of a time when you had to mitigate risks in a supply chain disruption and how you handled it.
āØShowcase Your Analytical Skills
Since the role involves analysing procurement data and cost drivers, be prepared to discuss how you've used data to make decisions in the past. Bring examples of reports or dashboards you've created, and explain how they influenced procurement outcomes. This will highlight your analytical mindset and attention to detail.