At a Glance
- Tasks: Lead global sourcing strategies and manage supplier relationships in the automotive sector.
- Company: Join a premium automotive brand known for innovation and excellence.
- Benefits: Competitive hourly rate, hybrid working options, and a dynamic team environment.
- Why this job: Make an impact in a pivotal role within a leading automotive company.
- Qualifications: Degree or equivalent experience in procurement; strong communication and analytical skills required.
- Other info: 12-month contract covering maternity leave with opportunities for professional growth.
The predicted salary is between 30 - 50 ÂŁ per hour.
Our premium brand Automotive client is currently recruiting for the following role:
Opportunity
Reporting to the Procurement Manager you will have Global responsibility for specific commodities. You will utilise your experience to analyse, define, and implement market and sourcing strategies for your designated commodities. You will lead the Global sourcing activity through the Global Sourcing Process (GSP) up to contract award (SCPA). Both Global Strategy and Sourcing activity will be supported by the Regional Delivery teams for your commodities, utilising regional market intelligence and expertise.
You will lead the development of the supplier and internal stakeholder relationships to ensure strategic and programme alignment. You will manage suppliers within your designated commodities, responsible for Supplier Business Reviews ensuring that the Global Commodity Strategy and Supply Base Market strategy is effectively deployed throughout all of client and the external supply chain.
You will support and work closely with the Regional Delivery teams and engage with specialists within the Procurement Function as required to ensure optimum value creation and delivery for the client, as well as leading stakeholder relationships and ensuring the client is appropriately represented both internally and externally.
This role is a pivotal role for interface with other key functions and acts as a core conduit for true cross functional working across Production Procurement, MP&L, STA, Product Engineering, Cost Engineering and Manufacturing.
Key Performance Indicators
- Strategic Commodity Dossier/Commodity Business Plan delivery and coverage
- New model cost target achievement at sourcing (Pre SCPA)
- Net Cost Reporting targets and strategic shouldâcost Gap Closure Plan targets (Post SCPA)
- Supplier performance management
- GSP performance metrics
Key Accountabilities and Responsibilities
Strategy & Sourcing:
- Responsible for Strategic Commodity Dossier (SCD) and Commodity Business Plan (CBP) delivery, ensuring relevant data is updated and understood in order to make strategic recommendations
- With support from the Strategic Analyst, accountable for obtaining and understanding analytics on suppliers, market and business requirements is available
- Responsible for creation, delivery and execution of SCD and CBP to specific sourcing requirements including supplier selection and sourcing approach in line with client sourcing guidelines e.g. Achilles Registration and Supplier Risk Assessment
- Deliver sourcing in line with policy and to agreed targets through GSP and deploying TCO/TVO approach
- Responsible for timely and accurate GSAD submission, Procurement deliverables and GSP process adherence for the Strategic team
- Lead supplier negotiations and contracting with the support of the Regional teams including legal and financial approval pre SCPA, also engaging specialist teams where appropriate e.g. Global Procurement Finance (GPF)
- Work with the Capacity Planning Team (CPT) to ensure sufficient capacity at nomination and manage strategic capacity changes and constraints
- Identify Make vs Buy opportunities, supporting MBO to develop business justifications when required
Cost Management:
- Ensure robust cost model development and input to cost target setting process, supporting cost event outcomes (pre SCPA) driving programme target alignment
- Ensure key cost management information is accurate and documented (e.g. CDTS pre contract award)
- Key Procurement representative at Module Business Teams (MBT) to ensure crossâfunctional alignment on quality, cost, delivery and time requirements pre SCPA
- Lead stakeholder alignment in relation to; programme targets, red book, take rates and volumes, delivery buying teams and utilising specialists as required cross architecture, carlines
- Ensure alignment with Regional Buyer & Cost Engineering to ensure strategic cost gap closure plans in place and actioned
- Ensure delivery of material cost (NCR) to target pre and post SCPA working closely with the Regional Delivery teams
Supplier Relationship Management:
- Working with the Regional Delivery Teams, lead the development of the supplier relationships globally for your designated commodities
- Participate in Supplier Business Reviews to develop supplier relationships in accordance with the supplier segmentation model
- Ensure supplier briefing templates are kept upâtoâdate to enable senior stakeholder briefings
Other:
- Act as central coâordination to ensure appropriate information exchange from and to all regional buyers
- Ensure effective handover for regional team(s) post SCPA using defined handover process
- Ensure compliance to the client Way and KWS processes driving system compliance throughout the supply chain by maintaining the Procurement systems to ensure data integrity and therefore system performance
- Manage Supplier, and Supply Chain Risk Management for assigned commodities post SCPA, ensuring the supply chain operates in accordance with client quality process (or equivalent), customer and governmental regulations
- Participate in Global functional improvement projects, process improvements and activities as required
- Undertake any other work as directed by their line manager in connection with their job as may be requested
Knowledge, Skills and Experience
Essential
- Degree qualified or equivalent procurement specialist experience
- Ability to work independently, results driven, demonstrating tenacity, drive and perseverance with the ability to deliver operational plans in a complex, highly demanding environment.
- Capability to create high quality long term Procurement strategies
- A resilient and enthusiastic individual who responds constructively to new ideas and inputs
- A strong communicator with the ability to communicate effectively with key stakeholders to influence crossâfunctional engagement
- An effective team player, actively develops and supports team members
- Maintaining compliance with standard policies and procedures
- Translating analytical results into detailed, robust actionable recommendations to the business
Desirable
- An individual with the ability to challenge existing thinking in a positive way whilst building credibility and trust through experience and personal style
- Experience of working in a global, multiâcultural environment
This role is on a contract basis and is Inside IR35. The role is for 12 Months covering maternity leave.
Procurement Specialist - Automotive in London employer: Premea Limited
Contact Detail:
Premea Limited Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Procurement Specialist - Automotive in London
â¨Tip Number 1
Network like a pro! Reach out to your connections in the automotive industry and let them know you're on the hunt for a Procurement Specialist role. You never know who might have the inside scoop on job openings or can put in a good word for you.
â¨Tip Number 2
Prepare for interviews by researching the company and its procurement strategies. Be ready to discuss how your experience aligns with their needs, especially in global sourcing and supplier management. Show them youâre not just another candidate, but the perfect fit!
â¨Tip Number 3
Practice your negotiation skills! As a Procurement Specialist, you'll need to demonstrate your ability to lead supplier negotiations. Role-play with a friend or mentor to build confidence and refine your approach before the real deal.
â¨Tip Number 4
Donât forget to apply through our website! Itâs the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Procurement Specialist - Automotive in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Procurement Specialist role. Highlight your experience with strategic commodity management and supplier relationship development, as these are key for this position.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use specific examples from your past experiences that align with the job description, especially around sourcing strategies and stakeholder engagement.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, be sure to mention any relevant analytical tools or methodologies you've used in previous roles. We want to see how you can translate data into actionable insights!
Apply Through Our Website: Don't forget to apply through our website! Itâs the best way for us to receive your application and ensures youâre considered for this exciting opportunity with our premium automotive client.
How to prepare for a job interview at Premea Limited
â¨Know Your Commodities
Before the interview, dive deep into the specific commodities you'll be responsible for. Understand market trends, key suppliers, and any recent developments in the automotive sector. This knowledge will not only impress your interviewers but also show that you're proactive and genuinely interested in the role.
â¨Showcase Your Strategic Thinking
Prepare to discuss how you've previously developed and executed procurement strategies. Use specific examples to illustrate your ability to analyse data and make informed decisions. Highlight any successful negotiations or supplier relationship management experiences that align with the job description.
â¨Engage with Stakeholders
Since this role involves significant interaction with various stakeholders, be ready to talk about your experience in managing these relationships. Share examples of how you've effectively communicated and collaborated with cross-functional teams to achieve common goals.
â¨Demonstrate Your Analytical Skills
The job requires translating analytical results into actionable recommendations. Prepare to discuss tools or methods youâve used for data analysis in procurement. Bring examples of how your analytical skills have led to cost savings or improved supplier performance in past roles.