Senior Strategic Buyer (Mechanical) in Stroud

Senior Strategic Buyer (Mechanical) in Stroud

Stroud Full-Time 45000 - 55000 £ / year (est.) Hybrid
Renishaw

At a Glance

  • Tasks: Lead sourcing strategies and manage supplier relationships for mechanical commodities.
  • Company: Join Renishaw, a leading FTSE 250 engineering company with a global presence.
  • Benefits: Enjoy a competitive salary, hybrid working, and a fantastic benefits package.
  • Other info: Embrace a culture of innovation and continuous improvement in a supportive environment.
  • Why this job: Make an impact in a dynamic team while developing your career in procurement.
  • Qualifications: Experience in procurement or supply chain, strong negotiation skills, and a degree or equivalent.

The predicted salary is between 45000 - 55000 £ per year.

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 5,000 people.

As part of the Group Manufacturing (GM), 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 successful candidate will join a fast-paced and dynamic team, primarily based at either our Woodchester or Miskin site, with opportunities to work across a wide range of complex products, commodities and global suppliers. We are looking for four commercially astute, enthusiastic and driven Strategic Buyers to lead a portfolio of Mechanical commodities for our current products area to support growth in business.

You will be well versed in balancing competing priorities around quality, value, risk, compliance, and sustainability, while supporting the long-term strategic goals of the business. You will take pride in your personal development, be naturally curious, embrace change and take ownership of your work, delivering sustainable outcomes through effective stakeholder engagement and strategic thinking.

Responsibilities

  • Own and deliver sourcing strategies for assigned commodity groups, ensuring alignment with the technical, operational and commercial objectives of the business.
  • Effectively manage and develop supply chains to maintain excellent service levels and ensure production requirements and timescales are achieved.
  • Lead complex commercial negotiations and contract management activities to deliver best value whilst balancing quality, delivery, risk, compliance and sustainability requirements.
  • Develop and implement risk mitigation strategies to improve supply continuity, reduce supply chain vulnerabilities and strengthen long-term resilience.
  • Monitor supplier performance and drive supplier improvement initiatives to achieve quality, cost and delivery objectives.
  • Lead strategic improvement projects across assigned commodities, identifying opportunities to improve business performance, efficiency and competitiveness.
  • Collaborate with Engineering, Manufacturing, New Product Development, Supplier Quality and other stakeholders to support new product introduction, supplier development and operational improvement activities.
  • Manage stock and planning parameters within an ERP environment, ensuring inventory levels are optimised in line with business requirements and risk assessments.
  • Build and maintain strong relationships with strategic suppliers and key internal stakeholders, acting as the commercial lead for assigned commodity areas.
  • Proactively identify opportunities to improve procurement processes, ways of working and supply chain performance.
  • Support the development of procurement best practice and share knowledge across the wider procurement function.

Key Requirements

  • Experience within a procurement, category management or supply chain role in a manufacturing environment.
  • Demonstrable experience developing and implementing sourcing or commodity strategies.
  • Proven ability to lead commercial negotiations and manage strategic supplier relationships.
  • Experience delivering supplier performance improvements across cost, quality and delivery metrics.
  • Strong commercial awareness with the ability to analyse data, identify trends and make informed business decisions.
  • Ability to influence and communicate effectively with stakeholders at all levels, both internally and externally.
  • Strong problem-solving skills with the ability to challenge existing practices and drive continuous improvement.
  • Degree, CIPS qualification, completed Modern Apprenticeship or equivalent demonstrable experience.
  • Skilled in ERP/MRP systems and proficient in Microsoft Excel and other Microsoft Office applications.
  • Full driving licence.

Desirable Requirements

  • An understanding of supplier manufacturing processes would be an advantage.
  • Experience leading cross-functional projects within a manufacturing or engineering environment.
  • Experience supporting business resilience, sustainability or compliance initiatives.
  • MCIPS qualification or working towards professional procurement accreditation.

Person Specification

As the successful applicant, you will be a strategic thinker with the confidence to challenge established ways of working and identify opportunities to improve business performance. You will be comfortable taking ownership of complex supply chain challenges and delivering practical, commercially sound solutions that support both short-term operational requirements and long-term business objectives.

You will build trusted relationships with colleagues, suppliers and stakeholders across the organisation and be able to influence decisions through strong communication, sound judgement and a data-driven approach. You will understand how procurement contributes to the wider success of the business and actively seek opportunities to create additional value through your work.

You will thrive in an environment of change, demonstrating resilience, adaptability and a positive outlook when faced with uncertainty. You will proactively look for ways to improve processes, develop new approaches and support the implementation of continuous improvement initiatives.

Benefits

When you join Renishaw, we are 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.

Senior Strategic Buyer (Mechanical) 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.

Renishaw

Contact Details:

Renishaw Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Strategic Buyer (Mechanical) 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 Strategic Buyer (Mechanical) in Stroud

Procurement
Category Management
Supply Chain Management
Sourcing Strategies
Commercial Negotiations
Contract Management
Risk Mitigation Strategies

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.