At a Glance
- Tasks: Lead competitive pricing strategies and manage the bid process for procurement opportunities.
- Company: Join Raytheon UK, a leader in defence and aerospace technology.
- Benefits: Enjoy a competitive salary, pension scheme, and flexible working options.
- Other info: Collaborative culture with opportunities for professional development and community engagement.
- Why this job: Make a real impact in national security while growing your career.
- Qualifications: Experience in procurement and bid management within regulated sectors is essential.
The predicted salary is between 63000 - 77000 £ per year.
Location: Glenrothes, Fife
Position Role Type: Hybrid
Benefits:
- Competitive salary
- Contributory Pension Scheme (up to 10.5% company contribution)
- 6 times salary ‘Life Assurance’ with pension
- 25 days holiday (increasing with service) + statutory public holidays, plus opportunity to buy and sell up to 5 days (37hr)
- Car/Car allowance (dependant on grade/ role)
- Company bonus scheme (discretionary)
- Flexible Benefits scheme with extensive salary sacrifice schemes, including Health Cashplan, Dental, and Cycle to Work amongst others
- Enhanced sick pay
- Enhanced family friendly policies including enhanced maternity, paternity & shared parental leave
- Private Medical Insurance – dependant on grade
Work Culture:
- 37hr working week, although hours may vary depending on role, job requirement or site-specific arrangements.
- Early 1.30pm finish Friday, start your weekend early!
- Remote, hybrid and site based working opportunities, dependant on your needs and the requirements of the role.
- Up to 5 paid days volunteering each year.
- Flexible working culture focused on output, with more formal flexible working arrangements on request (assessed subject to role).
About Us:
At Raytheon UK, we take immense pride in being a leader in defence and aerospace technology. As an employer, we are dedicated to fuelling innovation, nurturing talent, and fostering a culture of excellence. Joining our team means being part of an organisation that shapes the future of national security whilst investing in your growth and personal development. We provide a collaborative environment, abundant opportunities for professional development, and a profound sense of purpose in what we do.
Our Business:
As a leading defence and aerospace company operating across the United Kingdom, Raytheon UK helps to solve our customers’ toughest challenges. We are a major supplier to the UK government and customers around the globe, providing defence solutions across all domains: land, sea, air, space, and cyberspace. We also provide digital and training transformation solutions to commercial and military customers. With circa 2000 employees and major facilities operating throughout the UK including Broughton (Wales), Livingston and Glenrothes (Scotland), and Harlow, Gloucester, and Manchester (England); we are committed to investing in British careers and technology development.
About the role:
The Procurement Pricing and Bid Manager will be responsible for leading the development of competitive pricing strategies and managing the end-to-end bid process for procurement opportunities. This role works closely with procurement commodities, finance, operations, and commercial teams to ensure bids are commercially viable, compliant, and aligned with organisational objectives. The successful candidate will analyse costs, assess market conditions, prepare pricing models, and support negotiations.
Essential Skills & Experience:
- Proven experience in procurement, bid management, and pricing within defence or highly regulated sectors
- Strong track record developing pricing strategies and complex cost models for bids and tenders
- Experience supporting government/public sector or defence procurements
- Solid knowledge of FAR/DFARS regulations and compliant proposal development
- Expertise in producing cost proposals, pricing narratives, and supporting documentation
- Understanding of contract types (fixed-price, cost-reimbursable, T&M, hybrid)
- Experience managing cross-functional bid teams and delivering to tight deadlines
- Familiarity with ERP systems, procurement tools, and advanced Excel modelling
- Experience supporting audits, compliance reviews, and regulatory requirements
Desirable Skills:
- Professional certifications (e.g. MCIPS, MBA, NCMA or equivalent)
- Knowledge of cost accounting principles, indirect rates, and government-compliant pricing methods
Key Responsibilities:
- Bid Leadership: Lead the end-to-end preparation, coordination, and submission of bids, tenders, and proposals.
- Cross-Functional Coordination: Work with technical, commercial, finance, procurement, legal, and operations teams to gather inputs and align on submissions.
- Bid Management: Oversee timelines, deliverables, approvals, and ensure compliance with governance requirements.
- Pricing Strategy & Modelling: Develop pricing models and cost structures; recommend strategies balancing competitiveness and profitability.
- Market & Cost Analysis: Analyse supplier pricing, market trends, competitor activity, and total cost of ownership risks/opportunities.
- Procurement Collaboration: Support sourcing activities, supplier negotiations, and identify cost-saving opportunities.
- Performance Tracking: Monitor bid outcomes, track key metrics, and conduct post-bid reviews to drive continuous improvement.
- Stakeholder Engagement: Present pricing strategies and bid recommendations to senior leadership.
Procurement Pricing & Bids Manager in Glenrothes employer: Raytheon UK
Raytheon UK is an excellent employer, offering a dynamic work culture that values innovation and collaboration. With the flexibility of hybrid and remote working arrangements based in Winnersh, employees enjoy a healthy work-life balance while engaging in meaningful projects that contribute to military training advancements. The company prioritises employee growth through continuous learning opportunities and a supportive environment, making it an attractive place for those seeking rewarding careers in training analysis.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Pricing & Bids Manager in Glenrothes
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like Raytheon UK.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Procurement Pricing & Bids Manager in Glenrothes
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to Raytheon UK:Your cover letter should read like you’re chatting directly to Raytheon UK. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like Raytheon UK.
How to prepare for a job interview at Raytheon UK
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at Raytheon UK!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at Raytheon UK. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into Raytheon UK's culture.
