At a Glance
- Tasks: Source and manage new products while ensuring quality and sustainability.
- Company: Join Renishaw, a leading FTSE 250 engineering company with global reach.
- Benefits: Enjoy a competitive salary, hybrid working, and a half-day Friday.
- Why this job: Be part of an innovative team driving change in manufacturing processes.
- Qualifications: 2+ years in procurement within a technical manufacturing environment.
- Other info: Dynamic role with opportunities for personal development and career growth.
The predicted salary is between 36800 - 46000 £ per year.
Salary: Up to £46,000 depending on experience
Hybrid working: 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 Purchasing 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 the Supply Chain Development (SCD) team in a fast-paced environment based at our New Mills Headquarters site in Gloucestershire with opportunities to be involved in a wide range of products, commodities, and suppliers from around the world.
An exciting opportunity has arisen to join us as a Senior Buyer supporting New Product Introduction within the SCD team. We are looking for a commercially savvy, enthusiastic, and driven individual to support the sourcing of a diverse portfolio of new products 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.
The ideal candidate should feed on opportunity, thrive on stakeholder management, and excel in an ever-changing manufacturing environment. As an experienced Senior buyer in this field, you will have at least 2 years’ experience of managing and developing supply chains within a technical manufacturing environment. You will have effective communication skills and have the independent ability to analyse data, plan, and execute negotiations to meet the objectives of the business.
Responsibilities:- Early engagement with design engineers and project managers to gain an understanding of the technical and commercial requirements for new component sourcing.
- Development of sourcing strategies, identification and management of risks and mitigations in support of new product manufacturing strategies and project status milestones.
- Development of robust, sustainable, and regulatory compliant supply chains for new products, including full management and completion of supplier approval processes.
- Identifying and understanding cost drivers at the early stages of supplier selection, to deliver cost reduction opportunities, whilst negotiating terms and conditions to achieve best price and quality.
- Effective management and control of supplier and stakeholder relationships.
- Responsible for the scoping and implementation of Supplier Contracts.
- Liaise both internally and externally to support resolution of quality and supply related issues and problems.
- Minimum 2 years’ procurement experience in a technical manufacturing environment, demonstrating a strategic and risk-based approach to supplier and stakeholder relationship development and management.
- Proven track record of successful supplier negotiations that support organisational targets and cost-reduction initiatives.
- Ability to communicate effectively at all levels, both internally and externally.
- Demonstrate commitment to high standards of ethics and integrity within a challenging environment.
- Commercial acumen with the ability to analyse data and make informed decisions.
- Experienced in MRP/ERP, Microsoft Office, Excel and Word.
- Full driving licence.
- A broad knowledge of supplier manufacturing processes across various sectors 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.
- 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 outcomes in the areas of processes and supply chain development.
- You will also have excellent negotiation skills and be able to demonstrate the ability to creatively solve problems and drive change that improves 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.
Senior Buyer - NPI in Wotton-under-Edge employer: Renishaw
Contact Detail:
Renishaw Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Buyer - NPI in Wotton-under-Edge
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Senior Buyer role. You never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by researching Renishaw and its products. Understand their supply chain processes and think about how your experience aligns with their needs. This will help you stand out as a candidate who’s genuinely interested in the company.
✨Tip Number 3
Practice your negotiation skills! As a Senior Buyer, you’ll need to showcase your ability to negotiate effectively. Role-play with a friend or use online resources to sharpen those skills before your interview.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Senior Buyer - NPI in Wotton-under-Edge
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Buyer role. Highlight your procurement experience, especially in technical manufacturing, and showcase any successful supplier negotiations you've led. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the company. Share specific examples of how you've tackled challenges in supply chain management and how you can contribute to our team at Renishaw.
Showcase Your Communication Skills: Effective communication is key in this role. In your application, demonstrate how you've successfully managed stakeholder relationships and resolved issues in the past. We love seeing candidates who can articulate their thoughts clearly and confidently!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're proactive and keen to join our team at Renishaw!
How to prepare for a job interview at Renishaw
✨Know Your Stuff
Before the interview, dive deep into Renishaw's products and services. Understand their supply chain processes and how your experience aligns with their needs. This will show that you're not just interested in the role but also in the company itself.
✨Showcase Your Negotiation Skills
Prepare specific examples of successful negotiations you've led in the past. Highlight how you achieved cost reductions or improved supplier relationships. This is crucial for a Senior Buyer role, so make sure to articulate your strategies clearly.
✨Be Ready for Technical Questions
Expect questions about procurement strategies and risk management. Brush up on your knowledge of MRP/ERP systems and be prepared to discuss how you've used data analysis to inform your decisions. This will demonstrate your technical acumen.
✨Emphasise Teamwork and Communication
Renishaw values collaboration, so be ready to discuss how you've effectively managed stakeholder relationships. Share examples of how you've worked with cross-functional teams to achieve project goals, showcasing your ability to communicate at all levels.