Sourcing Specialist UK

Sourcing Specialist UK

Gloucester Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Sourcing Specialist, managing projects and developing sourcing strategies.
  • Company: Optimas Solutions is a global leader in supply chain solutions and engineering support.
  • Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
  • Why this job: Be part of a collaborative team that values creativity and strategic thinking.
  • Qualifications: Bachelor's degree and experience in strategic sourcing are essential.
  • Other info: Multilingual skills and proficiency in Microsoft Excel are advantageous.

The predicted salary is between 36000 - 60000 £ per year.

Join to apply for the Sourcing Specialist UK role at Optimas Solutions

Description

Position: Sourcing Specialist
Location: Gloucester, UK

About Optimas: Optimas is a global distributor of integrated supply chain solutions and engineering support focused on delivering fasteners, components, industrial, and safety supplies to our diverse customers around the world. Our local, on-the-ground teams understand the nuances of every community we serve. This allows us to adapt with our customers and partners as needs evolve, leveraging our footprint to remain at your side while providing a highly personalized level of service and support no matter where you find yourself around the globe.

To learn more, please visit our website http://www.optimas.com/

Position Overview

Optimas is currently searching for a highly driven Sourcing Specialist who has strong procurement and analytical experience combined with the vision to create short, mid, and long-term sourcing solutions. In this role, you will be responsible for developing regional sourcing and supplier strategies and identifying and executing cost savings programs. This individual must be a strong winner who can focus on vision and strategies. A candidate for this position must be a creative problem-solver who thrives in a dynamic environment, an analytical thinker who can make competent decisions and solve problems based on relevant knowledge and experience, and a problem-solver who can communicate effectively. This role reports directly to the Senior Regional Sourcing Manager – UK.

Main responsibilities

  • Project Management—Participate in sourcing projects and initiatives by working closely with key stakeholders. Identify stakeholder expectations and ensure that the sourcing project objectives, scope, and deliverables meet them and that projects are delivered on time and on budget.
  • Communication Skills – Exceptionally strong written and oral communication skills and an influencer in major strategic decisions is a must. The ability to present to senior management, build relationships, and become an influencer in major strategic decisions is critical.
  • Negotiations – Strong negotiation skills are essential.
  • Information Resource – Provide stakeholders with relevant and timely market trends and analyses, such as commodity and currency trends.
  • Technical Skills—Thorough understanding of manufacturing practices and the ability to understand product specifications and features.
  • Analytical Skills – Enjoy gathering and digging deeply into data to identify issues and create effective solutions.
  • Develop and implement major material price movement strategy methodology, including hedging, forward buying, and cost protection.
  • Establish external benchmark analysis including gap analysis and required actions to achieve competitive advantage.
  • Design and implement strategies to rationalize the supplier base and maximize the value of spending.
  • Partner with Quality to drive continuous improvement.
  • Implement programs to drive total cost of acquisition improvement to enhance margins and service levels.
  • Travel may be required.
  • Support wider regional teams with projects, identifying sources for new or existing products.
  • Support Commercial and Bid teams with identifying the best source to drive new business growth within the region.
  • Other relevant tasks and duties, as required.

Key Competencies

  • Strategic Vision
  • Building organizational capacity
  • Results driven
  • Embrace change
  • Collaboration and Influence
  • Entrepreneurial spirit
  • Customer value and Market focus

Skills and Qualifications

  • Demonstrated project management experience
  • Bachelor’s Degree from an accredited college or university
  • Proven experience in a strategic sourcing role and recent in-depth knowledge of the fastener industry
  • Experience leading cross-functional or geographically dispersed teams preferred
  • Sense of urgency and comfort working in a fast-paced environment with multiple projects
  • Solid analytical skills to understand market dynamics and business requirements
  • Strong communication skills, both verbal and written
  • Drive, determination, and a self-disciplined approach to achieving results
  • Ability to manage more than one initiative at once
  • Ability to perform analysis and interpret data into actionable steps
  • Ability to build strong relationships, internally and externally
  • Focused on results and willing to do what it takes to get the job done right
  • Strong work ethic, self-starter with proactive approach and dedication to meet deadlines
  • Demonstrated flexibility and open-mindedness around change; positive, can-do attitude
  • Strong business acumen with financial, strategic, operational, and leadership skills
  • Ability to see the big picture and use data to drive strategy
  • Multilingual skills would be advantageous
  • Proficient in Microsoft Excel; experience with Business Intelligence tools is a plus

Optimas OE Solutions provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. This policy applies to all terms and conditions of employment.

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Sourcing Specialist UK employer: Optimas Solutions

Optimas Solutions is an exceptional employer, offering a dynamic work environment in Gloucester where innovation and collaboration thrive. Employees benefit from a strong focus on professional growth, with opportunities to engage in strategic sourcing projects that directly impact the company's success. The inclusive culture fosters creativity and encourages team members to develop their skills while contributing to meaningful supply chain solutions for diverse customers worldwide.
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Contact Detail:

Optimas Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Sourcing Specialist UK

✨Tip Number 1

Familiarise yourself with the fastener industry and current market trends. Understanding the nuances of this sector will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Develop your negotiation skills by practising scenarios with friends or colleagues. Being able to showcase your negotiation prowess during discussions can set you apart from other candidates.

✨Tip Number 3

Network with professionals in the sourcing and procurement field. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the position.

✨Tip Number 4

Brush up on your analytical skills by working on real-world data analysis projects. Being able to interpret data effectively and present actionable insights will be crucial in this role.

We think you need these skills to ace Sourcing Specialist UK

Project Management
Strong Negotiation Skills
Analytical Skills
Communication Skills
Strategic Sourcing Experience
Market Trend Analysis
Supplier Relationship Management
Cost Savings Program Development
Data Interpretation
Cross-Functional Team Leadership
Proficiency in Microsoft Excel
Business Intelligence Tools Familiarity
Problem-Solving Skills
Ability to Manage Multiple Projects
Flexibility and Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in procurement and sourcing. Use keywords from the job description, such as 'analytical skills', 'negotiation', and 'project management' to demonstrate your fit for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Optimas Solutions and the Sourcing Specialist role. Mention specific examples of how your previous experiences align with the responsibilities outlined in the job description.

Highlight Communication Skills: Since strong communication skills are essential for this role, provide examples in your application that demonstrate your ability to influence decisions and present information effectively to stakeholders.

Showcase Analytical Abilities: Include instances where you have successfully used data analysis to drive decision-making or improve processes. This will help illustrate your analytical skills, which are crucial for the Sourcing Specialist position.

How to prepare for a job interview at Optimas Solutions

✨Showcase Your Analytical Skills

As a Sourcing Specialist, you'll need to demonstrate your ability to analyse data effectively. Prepare examples of how you've used data to identify issues and create solutions in previous roles. This will show your potential employer that you can handle the analytical demands of the job.

✨Prepare for Negotiation Scenarios

Strong negotiation skills are essential for this role. Be ready to discuss past experiences where you've successfully negotiated terms or prices. Consider role-playing negotiation scenarios with a friend to sharpen your skills before the interview.

✨Understand the Fastener Industry

Familiarise yourself with current trends and challenges in the fastener industry. Being knowledgeable about market dynamics will not only impress your interviewers but also demonstrate your commitment to the role and the company.

✨Demonstrate Strong Communication Skills

Effective communication is key in this position. Practice articulating your thoughts clearly and confidently. You might want to prepare a brief presentation on a relevant topic to showcase your ability to communicate complex information succinctly.

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