At a Glance
- Tasks: Lead supplier selection and negotiate contracts to optimise value for the business.
- Company: Join Vaultex, the UK's leading cash processing company with a collaborative culture.
- Benefits: Enjoy a competitive salary, performance bonuses, generous holidays, and extensive health support.
- Other info: Diverse and inclusive workplace with excellent career progression opportunities.
- Why this job: Make a real impact in procurement while supporting businesses and communities across the UK.
- Qualifications: MCIPS accreditation or working towards it, with experience in supplier management and negotiation.
The predicted salary is between 40000 - 40000 £ per year.
Monday to Friday 09:00 - 17:00 - 35 hours per week
Location: Hybrid role - remote & 104 Dalton Ave, Birchwood, Warrington, WA3 6YF
Grade: CM40
Salary: £40,000 per annum plus benefits
Who we are
Vaultex are the UKs leading cash processing company, with sites nationwide. When you join us, you are supporting businesses to run securely and more efficiently, and ensuring continued access to cash for the millions of people that depend on it.
Job purpose
This role is a Procurement generalist position. The purpose of the role is to support the business in optimising the value that can be derived from the supplier base whilst adopting appropriate methods to manage and mitigate associated risks.
Main responsibilities
- Lead or, occasionally, support full end to end supplier selection exercises for goods and services, working with key stakeholders, across a varied range of direct and indirect spend categories such as IT software licence and support, equipment maintenance and consumables.
- Negotiate and place contracts with third party suppliers across a diverse range of spend categories.
- Manage through to resolution commercial and contractual queries with suppliers.
- Help ensure suppliers remain under contract and that where changes are required contract variations are drafted and negotiated in a timely manner.
- Analyse data from various sources, including spend and supplier performance KPI data, with a view to making substantiated recommendations to the business.
- Manage and administer Vaultexs Supplier Relationship Management programme including performing due diligence exercises on Tier 1 and Tier 2 suppliers.
- Provide procurement and supplier management guidance and training to the business particularly to those responsible for managing suppliers on a day-to-day basis.
- Work with Accounts Payable in setting up new suppliers and managing supplier changes on Vaultexs eProcurement platform.
- Periodically support with the compilation of business reports.
- Management of the Preferred Supplier List.
- Manage the relationship with those suppliers directly used by Procurement.
- Other procurement-related tasks as may be required from time to time.
Knowledge, skills, and experience required
- Full MCIPS accreditation or working towards.
- Experience of leading RFQs, RFPs across multiple and varied spend categories including working with business stakeholders in developing specifications / supplier evaluation / negotiation.
- Experience of drafting/making amendments to and negotiating contracts including around pricing, pricing controls and service levels.
- Motivated self-starter with a proven ability to autonomously manage own workload.
- Demonstrable drive to identify and deliver cost saving initiatives within set time frames.
- Competent in performing analysis on spend reports, third party supplier contracts and tender submissions, with a keen eye for detail.
- Substantial experience of interacting with suppliers with a good appreciation of best practice methods and tools.
- Practical experience of e-purchasing systems (although training on our systems will be provided).
- Eager to learn new things and adept at picking up information at pace.
- Articulate communicator and able to influence stakeholders from across the organisation up to senior manager level.
- Intermediate-Advanced: Microsoft Word, Excel and PowerPoint.
What we offer you
- Performance based yearly bonus (up to 20% salary)
- A generous company pension auto-enrolled 4% employee 10% employer.
- Competitive holiday allowance of 25 days with an option to purchase additional holidays.
- Group life assurance 4 x salary.
- Group income protection.
- VaulteXtra discounts on retailers, cycle to work, childcare vouchers, gym membership, cash back on purchase, eye tests and many more.
- Employee Assistance Programme - a free service should our employees require professional and impartial advice for legal advice and counselling.
- Robust Learning and Development team and opportunities for career progression.
- One day paid volunteering opportunity each year.
- Mentorship programmes.
- Access to Peppy - a digital health platform providing support for healthcare in menopause, fertility, men’s and women’s health.
- Access to Aviva Digicare+ for annual health checks, nutritional consultations, mental health support, bereavement support and more.
- Access to Zurich’s Virtual GP service.
- Charles Cameron - free access to independent mortgage advice.
Our culture
Vaultex acknowledges every person’s right to feel valued, respected, and fairly rewarded for what they do. We foster a collaborative environment where everyone is encouraged to share their views and shape Vaultexs future. We are proud to demonstrate our commitment to transparency and progress as a Work180 endorsed employer. We are committed to building a diverse, inclusive and authentic workplace where everyone is supported to be their best.
If you’re excited about any of our roles but you feel like you don’t tick every single box - we still encourage you to apply. You may be the right fit for this role or other roles in our wider team!
Continue the conversation
Vaultex UK Ltd is an equal opportunities employer and welcomes applications from all members of the community. We strongly encourage applications from those with disabilities, are culturally & linguistically diverse, are veterans and identify as LGBTQIA+. We value your lived experience and knowledge.
If you require any reasonable adjustments throughout the recruitment process, please let us know.
Upon submitting your application via the Workday link, you will receive an email notifying you of the outcome of your application when this has been reviewed. For successful candidates, the next stage will be a phone interview with the Vaultex recruitment team. If you would like to check the status of your application, please contact a member of the recruitment team.
Due to the secure nature of our business, all successful candidates will need to provide a five-year traceable work history (satisfactory employment references or evidence to explain employment gaps) and complete a criminal record and credit background check. We look forward to hearing from you!
Locations
Buyer in Cheshire, Warrington employer: Vaultex UK
Contact Detail:
Vaultex UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Buyer in Cheshire, Warrington
✨Tip Number 1
Get to know the company inside out! Research Vaultex, their values, and what they stand for. This will help you tailor your conversations during interviews and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral, which is always a bonus!
✨Tip Number 3
Prepare for those tricky interview questions! Think about how your skills align with the role of Buyer and be ready to share specific examples of your past experiences. Practice makes perfect, so run through mock interviews with a friend.
✨Tip Number 4
Don’t forget to follow up! After your interview, send a quick thank-you email to express your appreciation for the opportunity. It’s a nice touch and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Buyer in Cheshire, Warrington
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Buyer role. Highlight relevant experience in procurement, supplier management, and contract negotiation. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our team at Vaultex. Keep it concise but impactful – we love a good story!
Show Off Your Analytical Skills: Since the role involves analysing data and making recommendations, be sure to mention any relevant experience you have with data analysis or spend reports. We’re keen to see how you can bring value through your insights!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it shows you’re serious about joining the Vaultex family. We can't wait to hear from you!
How to prepare for a job interview at Vaultex UK
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around RFQs and RFPs. Familiarise yourself with the specific spend categories mentioned in the job description, like IT software and equipment maintenance, so you can speak confidently about your experience.
✨Show Off Your Negotiation Skills
Prepare examples of past negotiations you've led or been involved in. Be ready to discuss how you handled contract amendments and pricing controls, as this will demonstrate your ability to manage supplier relationships effectively.
✨Data Analysis is Key
Since the role involves analysing spend reports and supplier performance data, practice explaining how you've used data to make decisions in the past. Bring along any relevant examples that showcase your analytical skills and attention to detail.
✨Be Ready to Influence
As an articulate communicator, you'll need to influence stakeholders at various levels. Think of scenarios where you've successfully communicated complex ideas or persuaded others to adopt your recommendations, and be prepared to share these during the interview.