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 across utilities, digital, and energy markets.
- Benefits: Competitive salary, professional development, and the chance to work with cutting-edge technology.
- Why this job: Make a real impact by driving procurement initiatives and enhancing supplier performance.
- Qualifications: Experience in procurement, strong negotiation skills, and a relevant degree are essential.
- Other info: Dynamic environment with opportunities for career growth and collaboration with top industry clients.
The predicted salary is between 36000 - 60000 ยฃ per year.
Role Overview
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 cost-saving 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 non-compliance 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 cost-benefit analysis, and make data-driven 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 fast-paced environment.
- Proficiency in procurement software and tools, such as ERP systems, e-procurement 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 end-to-end 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 cutting-edge technology, ensure that we are not just part of the market; we are leading it. Working directly with many of the countryโs leading power, energy transition, water, telecoms and digital clients, we are looking for the very best talent to join our growing team.
Senior Buyer employer: Opals Group
Contact Detail:
Opals Group Recruiting Team
StudySmarter Expert Advice ๐คซ
We think this is how you could land Senior Buyer
โจTip 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.
โจTip Number 2
Prepare for interviews by brushing up on your negotiation skills. Since this role is all about strategic sourcing and supplier management, be ready to discuss your past experiences and how you've successfully navigated tough negotiations.
โจTip Number 3
Showcase your analytical mindset! Be prepared to talk about how you've used data to drive procurement decisions. Bring examples of cost analysis or process optimisation you've implemented in previous roles to the table.
โจTip Number 4
Don't forget to apply through our website! We love seeing candidates who are genuinely interested in joining our team. 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
Some tips for your application ๐ซก
Tailor Your CV: Make sure your CV is tailored to the Senior Buyer role. Highlight your experience in strategic sourcing and supplier management, and donโt forget to showcase any relevant achievements that demonstrate your negotiation skills.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youโre the perfect fit for the role. Mention specific examples of how you've optimised procurement processes or managed supplier relationships effectively.
Showcase Your Analytical Skills: As a Senior Buyer, analytical skills are key. In your application, include examples of how you've used data to drive decisions or improve procurement outcomes. This will show us you can handle the analytical side of the role.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you donโt miss out on any important updates from us!
How to prepare for a job interview at Opals Group
โจKnow 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 also apply it in real-world situations.
โจResearch the Company
Dive deep into OCU's operations, especially their focus on utilities, digital, and energy markets. Understanding their business model and recent projects will help you tailor your answers and demonstrate your genuine interest in the role. Plus, itโll give you a leg up when discussing how your skills align with their objectives.
โจPrepare for Behavioural Questions
Expect questions that assess your problem-solving and negotiation skills. Use the STAR method (Situation, Task, Action, Result) to structure your responses. For instance, think of a time when you had to mitigate risks in a supply chain disruption and how you handled it. This will showcase your analytical mindset and ability to manage challenges.
โจShowcase Your Analytical Skills
Be prepared to discuss how you've used data to drive procurement decisions in the past. Whether it's analysing spending patterns or preparing reports, highlight your proficiency with procurement software and tools. This will reassure them that you can contribute to cost analysis and reporting right from the get-go.