Procurement Executive

Procurement Executive

Liverpool Full-Time 28800 - 42000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join us as a Procurement Executive, managing product purchases and supplier relationships.
  • Company: Princes Group is a leading food manufacturer with over 7,000 employees across multiple countries.
  • Benefits: Enjoy 25 days annual leave, hybrid working, and comprehensive health benefits.
  • Why this job: Be part of a dynamic team, gain valuable experience, and contribute to sustainable sourcing.
  • Qualifications: Strong organisational skills, analytical mindset, and ideally a degree in business or related field.
  • Other info: Opportunities for travel and professional development are available.

The predicted salary is between 28800 - 42000 £ 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

Job Purpose

The role of the Procurement Executive is to:

  • Purchase assigned products at the lowest cost of total ownership at the appropriate quality and quantity, under the review and guidance of the Head of Finished Goods procurement.
  • Support the wider Finished Goods procurement team in the management of contract and vendor management.
  • Support the wider Finished Goods procurement team in the generation of appropriate analytics monitoring the performance of suppliers and stock position.

Dimensions

External contacts – Relevant suppliers for assigned products.
Internal contacts – Procurement, Commercial, Revenue Growth Management, Customer Strategy and Planning, Innovation, Sales, Finance, Operations, Supply Chain, Technical.
Travel may be required in this role.

Principal Responsibilities

  • For assigned categories, obtain the lowest possible total cost of ownership through negotiation, market intelligence and supplier knowledge.
  • Work in close partnership with the Senior Procurement managers in order to provide continuity through absence periods and to assist with workload during seasonal peaks.
  • Supplier and customer contract balance analysis and management.
  • Maintain currency and cost savings trackers.
  • Updating of SAP for contracts and latest costing information.
  • Management of data and support of the SAP Master Data team.
  • Assist in ensuring the best information is obtained from suppliers with regards to market trends, pricing fluctuations and forecasts so that Princes remains the category expert in the areas we operate within.
  • Assist in researching and developing new sources of supply.
  • Support the communication of market conditions in a timely fashion and in a way that is clear and concise for both internal and external understanding.
  • Develop and maintain responsible suppliers ensuring they are maintained to a standard to meet Princes / Industry standards (e.g. BRC, Sedex).
  • Manage contracts professionally and accurately, while maintaining cost conditions and source lists.
  • Work closely with Operations, Planning, NPD, Sales and Commercial on all product procurement issues.
  • Professionally resolve problems both internally and externally in a fair and ethical manner while protecting the long-term interests of the team and company.
  • Support fully the efforts of other departments in achieving 100% stakeholder satisfaction.

Role Requirements

Knowledge, Skills & Experience

  • Strong organisational skill with a methodical approach - Essential
  • Good analytical skills - Essential
  • IT literate and competent user of Microsoft applications - Essential
  • Excellent attention to detail - Essential
  • Good commercial awareness - Essential
  • Strong communication and team working skills - Essential
  • SAP analytics and reporting - Desired
  • Degree level qualification, ideally business related - Desired
  • Previous buying / procurement role experience - Desired
  • Associate or student of CIPS, or working to CIPS qualification - Desired
  • Willingness to travel UK and overseas - Desired

Benefits:

  • 25 Days Annual Leave plus 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 - Buy 5 Additional Days
  • Enhanced Family Friendly & Carers Policies
  • Life Assurance Cover
  • Private Medical Insurance
  • Critical Illness Cover
  • Learning & Development Opportunities

At Princes we are committed to making all stages of our recruitment process accessible to all candidates (including application). Please let us know as soon as possible of any additional support or reasonable adjustments you require through the recruitment process by emailing Recruitment@princes.co.uk

Procurement Executive employer: PRINCES

Princes is an exceptional employer that prioritises the well-being and development of its employees, offering a supportive work culture and a range of benefits including 25 days of annual leave, a generous pension scheme, and flexible working arrangements. With a commitment to employee growth through learning and development opportunities, Princes fosters a collaborative environment where procurement professionals can thrive while contributing to the success of a leading food and drink manufacturer.
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Contact Detail:

PRINCES Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Procurement Executive

✨Tip Number 1

Familiarise yourself with the latest trends in procurement and supply chain management. Understanding market dynamics and supplier relationships will give you an edge during interviews, as you'll be able to discuss relevant topics confidently.

✨Tip Number 2

Network with professionals in the procurement field, especially those who have experience in food and drink industries. Attend industry events or join online forums to gain insights and potentially get referrals that could help you land the job.

✨Tip Number 3

Brush up on your SAP skills, as this role involves managing data and contracts through the system. Being proficient in SAP can set you apart from other candidates and demonstrate your readiness for the role.

✨Tip Number 4

Prepare to discuss your analytical skills and how you've used them in previous roles. Be ready to provide examples of how you've successfully managed costs or improved supplier performance, as these are key aspects of the Procurement Executive position.

We think you need these skills to ace Procurement Executive

Strong Organisational Skills
Analytical Skills
IT Literacy
Attention to Detail
Commercial Awareness
Strong Communication Skills
Team Working Skills
SAP Analytics and Reporting
Negotiation Skills
Market Intelligence
Contract Management
Vendor Management
Problem-Solving Skills
Data Management
Research Skills

Some tips for your application 🫡

Understand the Role: Read the job description carefully to understand the key responsibilities and requirements for the Procurement Executive position. Tailor your application to highlight relevant skills and experiences that align with these expectations.

Highlight Relevant Experience: In your CV and cover letter, emphasise any previous procurement or buying experience you have. Use specific examples to demonstrate your analytical skills, negotiation abilities, and familiarity with SAP or similar systems.

Showcase Your Skills: Make sure to showcase your strong organisational skills, attention to detail, and commercial awareness in your application. Provide examples of how you've successfully managed contracts or supplier relationships in the past.

Craft a Compelling Cover Letter: Write a tailored cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention why you want to work at Princes and how you can contribute to their goals.

How to prepare for a job interview at PRINCES

✨Research the Company

Before your interview, take some time to learn about Princes and its products. Understanding their values, mission, and recent developments will help you tailor your responses and show genuine interest in the role.

✨Prepare for Technical Questions

As a Procurement Executive, you may face questions related to procurement strategies, supplier management, and cost analysis. Brush up on relevant concepts and be ready to discuss your previous experiences in these areas.

✨Showcase Your Analytical Skills

Given the importance of analytics in this role, be prepared to demonstrate your analytical skills. You might be asked to interpret data or provide examples of how you've used analytics to make informed decisions in past roles.

✨Emphasise Team Collaboration

This position requires strong communication and teamwork skills. Be ready to share examples of how you've successfully collaborated with different departments or stakeholders to achieve common goals.

Procurement Executive
PRINCES
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