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For Companies At a Glance
- Tasks: Join us as a Buyer for oils, managing procurement and supply strategies.
- Company: Princes Group is a leading food and drink manufacturer with a strong commitment to sustainability.
- Benefits: Enjoy hybrid working, 25 days annual leave, and a generous pension scheme.
- Why this job: Be part of a dynamic team driving profitability and innovation in the oils market.
- Qualifications: Experience in procurement and category management is essential; familiarity with SAP is a plus.
- Other info: This role offers opportunities for travel and professional development.
The predicted salary is between 36000 - 60000 £ per year.
About Princes
The Princes Group has over 7,000 employees with offices and production sites in the UK, Netherlands, Italy, Poland, France and Mauritius. Princes manufactures 350 different food and drink products responsibly sourced and enjoyed by consumers every day. None of this would be possible without striving to be an employer of choice, where our colleagues are proud to represent our business.
Role Description
An opportunity to join as a buyer for the leading own label and branded oils supplier in the UK market, and a growing presence in Europe. Working for the joint venture within Princes of Edible Oils Limited - the 20-year strong partnership with Archer Daniels Midland.
- To strategically procure specified components or services at the lowest cost for the quantity, quality, and delivery requirements across the Group.
- Formulate and maintain in-bound supply chain strategies to maximise effectiveness and optimise the total cost of the components they buy.
- Prioritise focus on the European procurement requirements and identify purchasing development opportunities.
- Work with and support the Senior Buyers across the Oils portfolio.
- Drive profitability for the specific products within the Business Sector.
Dimensions:
- Operating within the Oils commercial team.
- Procurement of customer own label and branded oils across multiple suppliers.
- Internal contacts – Buying; Operations; Sales; Marketing; Technical; NPD; Logistics; Legal; Finance; Treasury; Customer Services, Planning and Stock control Teams.
- External contacts - all suppliers in relevant areas of responsibility, customer Buyers to support Commercial team.
- Work closely with the Senior Buyers to deliver the purchasing strategy for the relevant Business Sector including partnership development.
Principal Responsibilities:
- Responsible for the management and procurement of customer own label and branded oils portfolio.
- Develop, maintain and constantly review the Group supply strategies for relevant areas of responsibility ensuring appropriate contingent and competitive supply is available to ensure on-going supply to the Group.
- Delivery of the partnership strategy as laid out in the purchasing strategy for the relevant products.
- Responsible for the management of purchase contracts in line with our sold positions and strategic purchasing decisions in conjunction with company policy.
- Responsible for the management and purchasing of currency in line with company policy.
- Constantly research and develop alternative sources of supply for consideration and ensure regular tenders are held utilising all available methods and technology at our disposal.
- Analysing and evaluating quotations submitted by suppliers to ensure that the quality, quantity, delivery, optimises total cost to the business after consideration of working capital costs, factory utilisation lead times, etc.
- Responsible for ensuring that the best information is obtained from suppliers and other sources with regard to market trends, pricing fluctuations and forecasts so that EOL remains the leading provider of information in the markets we operate in, using and presenting this knowledge to key internal and external stakeholders.
- To liaise with the site team / stock control team to deliver the inbound and outbound service level targets of the company, whilst maintaining working capital in line with budget requirements.
- Provide complete and accurate reports as required.
- Professionally resolve problems both internally and externally in a fair and ethical manner while protecting the long-term interests of the company.
- Regular participation in internal project teams to ensure Buying team requirements and expertise are considered in all appropriate projects.
- Represent, perform and act in the absence of the more senior member of the buying team on major issues / initiatives.
Role Requirements
- Thorough understanding of procurement processes and frameworks.
- Previous experience in a category management role.
- Excellent working understanding of category management, strategic sourcing, supplier development and value chain mapping.
- Excellent working knowledge of allocated areas of spend.
- Understanding of contract principles and clauses and be able to construct and interpret agreements.
- Strong attention to detail, with an ability to adapt quickly to macro changes.
- Familiar with SAP.
- Willingness to travel within the UK and overseas.
Benefits:
- Cash Car Allowance
- Free Parking Pass
- 25 Days Annual Leave, Plus Your Birthday Off!
- 14.5% Pension - 5% employee opt in / 9.5% employer
- Hybrid & Flexible Working - 4 days in office / 1 day WFH
- Flexible Holiday Option - option to buy up to 5 additional days
- Enhanced Family Friendly Policy
- Life Assurance Cover
- Private Medical Insurance
- Critical Illness Cover
- Learning & Development Opportunities
G4 Buyer - Oils employer: Princes Limited
Contact Detail:
Princes Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land G4 Buyer - Oils
✨Tip Number 1
Familiarise yourself with the latest trends in the oils market, especially focusing on sustainability and sourcing practices. This knowledge will not only help you during interviews but also demonstrate your commitment to the industry.
✨Tip Number 2
Network with professionals in the procurement and supply chain sectors, particularly those who have experience in the food and beverage industry. Attend relevant events or join online forums to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Prepare to discuss your experience with category management and strategic sourcing in detail. Be ready to provide examples of how you've successfully managed supplier relationships and optimised costs in previous roles.
✨Tip Number 4
Research Princes Group and their specific products within the oils sector. Understanding their business model and values will allow you to tailor your discussions and show how you can contribute to their goals.
We think you need these skills to ace G4 Buyer - Oils
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the G4 Buyer - Oils position. Tailor your application to highlight relevant experience in procurement processes and category management.
Highlight Relevant Experience: In your CV and cover letter, emphasise your previous experience in procurement, particularly in category management and strategic sourcing. Use specific examples to demonstrate your skills and achievements in these areas.
Showcase Your Skills: Make sure to mention your understanding of contract principles, attention to detail, and familiarity with SAP. These skills are crucial for the role and should be clearly articulated in your application.
Craft a Compelling Cover Letter: Write a cover letter that not only introduces yourself but also explains why you are a great fit for the G4 Buyer - Oils position. Discuss your passion for the food and beverage industry and how your background aligns with Princes' values and goals.
How to prepare for a job interview at Princes Limited
✨Understand the Procurement Process
Make sure you have a solid grasp of procurement processes and frameworks. Be prepared to discuss your previous experiences in category management and how they relate to the role of a Buyer for Oils.
✨Showcase Your Analytical Skills
As a Buyer, you'll need to analyse and evaluate supplier quotations. Be ready to provide examples of how you've successfully used data analysis in past roles to optimise costs and improve supply chain strategies.
✨Familiarise Yourself with Market Trends
Research current market trends in the oils sector. Being able to discuss pricing fluctuations and forecasts will demonstrate your proactive approach and understanding of the industry.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills. Think of examples where you've resolved issues fairly and ethically, while also protecting the interests of your company.
