At a Glance
- Tasks: Manage supply chains and negotiate with suppliers to ensure top-notch service and quality.
- Company: Join Renishaw, a leading engineering company with a global presence.
- Benefits: Enjoy a competitive salary, hybrid working, and a fantastic benefits package.
- Other info: Embrace a culture of diversity and personal development in a fast-paced environment.
- Why this job: Be part of a dynamic team driving innovation in procurement and sustainability.
- Qualifications: 2+ years in procurement, strong negotiation skills, and a strategic mindset.
The predicted salary is between 40500 - 49500 £ per year.
Woodchester or Miskin
Up to £46,000 depending on experience
3 days onsite, 2 days from home (4.5 day working week, half day Fridays)
Renishaw is a FTSE 250 engineering company with a proud history of delivering measurement, calibration and precision manufacturing solutions to some of the most complex engineering processes in the world. Since our inception over half a century ago we have grown a global presence with over 70 offices in 39 countries across Europe, Asia Pacific and the Americas and employ a workforce of over 5000 people.
As part of the Group Manufacturing Services Division (GMSD), the Procurement Department identifies and manages the procurement of parts and services contributing to the full manufacturing service of our proprietary products. This is a growing global function with new and exciting requirements and challenges. The candidate will be part of a team in a fast-paced environment primarily based at either our Woodchester or Miskin site with opportunities to be involved in the complex and challenge a wide range of products, commodities, and suppliers from around the world.
We are looking for a commercially astute, enthusiastic, and driven strategic buyer to deliver a specific portfolio of Electronic Components on time, to the highest quality and best value, whilst also considering risk, compliance, and sustainability. You will take pride in your personal development, you are curious, kind and you will own your work and deliver.
Responsibilities
- Effective management and control of supply chains to ensure that excellent service levels are maintained, and that production requirements and time scales are met.
- Supplier price negotiation and management to ensure cost management targets are realised.
- Control of stock and planning parameters within an ERP environment, ensuring minimum stock levels are managed consistent with risk analysis.
- Proactive and ongoing identification and management of Risk. Lead commercial negotiations and contract management with key suppliers.
- Monitoring of supplier performance, define and implement supplier improvement plans where necessary.
- Development of sourcing strategies to ensure they align with the technical and commercial needs of the business.
- Liaison both internally and externally to support resolution of quality and supply related issues and problems.
Key requirements
- Minimum 2 years' procurement experience in a manufacturing environment and demonstrate a strategic approach to commodity purchasing.
- The ability to communicate effectively at all levels both internally and externally will be required for this role.
- Strong problem solving and supplier management skills.
- Commercial acumen with the ability to analyse data and make informed decisions.
- Degree, CIPS qualifications, completed Modern Apprenticeship or demonstrable time served.
- Skilled in MRP/ERP, Microsoft Office, Word, and Excel.
- Full driving licence.
Desirable requirements
- An understanding of supplier manufacturing processes would be an advantage.
- Experience of MRP/ERP and Stock Control processes will be a distinct advantage, although training will be provided to the right candidate.
Person Specification
As the successful applicant for this position, you will be a strategic thinker and be willing and able to challenge custom and practice to achieve positive outcome in the areas of processes and supply chain management. You will also have excellent negotiation skills and be able to demonstrate the ability to creatively solve problems and drive change that improve business performance and sustainability.
You will value relationships and will respond well to change. You will contribute, individually and as part of a team, to overall success. You will be self-motivated and hold a positive attitude and outlook. Accuracy and attention to detail are important to you and allow you to achieve success in your role within the fast-paced procurement environment. You will be comfortable communicating to people at all levels of the business and will be able to demonstrate the value you can bring in working as part of a team.
Benefits
When you join Renishaw, we're committing to your future career. That's because we believe in developing our people's skills and promoting them internally. We also offer a benefits package that's highly desirable; including a 9% non-contributory pension, discretionary annual bonus, subsidised onsite restaurants and coffee shops, free parking, car sharing scheme and 24 hour fitness centres (not available at all sites).
We also want to promote a healthy work-life balance as much as possible, so we have introduced a hybrid working policy which allows for a combination of home and office based working depending on the nature of your role. We also offer a variable working programme, 25 days holiday plus bank holidays, Life Assurance policy of 12 times annual salary, Cycle to Work scheme, enhanced maternity pay subject to qualifying criteria, Health Cash Plan, the option to join Renishaw Health Trust (Aviva) and an Employee Assistance Programme for employees and family.
At Renishaw we believe that our success is powered by welcoming a workforce of diverse and talented people. Through encouraging an inclusive culture, where all our employees are free to be themselves, we can achieve our core values: Innovation, Inspiration, Integrity, and Involvement.
If you are excited about the role but feel as though you don't meet all the requirements, we would encourage you still to apply. You might just be the right person for this role or another opportunity at Renishaw.
We are committed to providing reasonable adjustments to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process, or require any reasonable adjustments please contact the recruitment team on 01453 490384 or recruitment@renishaw.com.
Senior Buyer - Strategic in Stroud employer: Renishaw
Renishaw is an exceptional employer located in Wotton-under-Edge, Gloucestershire, offering a supportive work culture that prioritises employee development and well-being. With a strong commitment to internal promotions, a comprehensive benefits package including a 9% pension contribution, and a hybrid working model, we ensure our employees enjoy a fulfilling work-life balance while contributing to cutting-edge product security initiatives. Join us to be part of a collaborative team that values innovation and continuous learning in the field of cybersecurity.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Buyer - Strategic in Stroud
✨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 Renishaw.
✨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 Senior Buyer - Strategic in Stroud
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 Renishaw:Your cover letter should read like you’re chatting directly to Renishaw. 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 Renishaw.
How to prepare for a job interview at Renishaw
✨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 Renishaw!
✨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 Renishaw. 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 Renishaw's culture.