At a Glance
- Tasks: Manage supplier contracts, negotiate pricing, and support procurement activities.
- Company: Join a leading company in the supply chain sector based in Newport.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Opportunity to work in a fast-paced environment with excellent development prospects.
- Why this job: Make an impact in procurement while collaborating with diverse teams.
- Qualifications: Bachelor’s degree in Supply Chain or related field; 3 years of experience preferred.
The predicted salary is between 51750 - 63250 £ per year.
We are seeking a skilled and detail-oriented Procurement Specialist to join our Supply Chain Procurement Team. In this role, you will play a key part in supporting the site's commercial, contractual, and purchasing activities, working closely with stakeholders across Procurement, Materials, Operations, Engineering, Finance, Quality, and Legal functions.
The successful candidate will be responsible for the review and administration of site-wide supplier contracts and commercial agreements, ensuring key obligations, renewal dates, and commercial terms are effectively managed. You will provide commercial support to the Materials and Procurement team through supplier negotiations, supply agreements, and other commercial activities to drive value and mitigate risk.
This role will also coordinate Supply Chain Review Board activities, ensuring accurate record keeping, and effective management of change approvals. In addition, you will own the administration of Non-Disclosure Agreements (NDAs), ensuring timely execution, maintenance of records, and compliance with company procedures.
Key Responsibilities:
- Manage site-wide supplier contracts and commercial agreements, including contract reviews, renewal tracking, monitoring of key commercial terms and obligations, and maintaining accurate contract records to ensure compliance and continuity of supply.
- Provide commercial support across the site, including reviewing quotations, negotiating pricing and contractual terms, supporting supply and service agreements, and working with the Materials Team and stakeholders to deliver best value and manage commercial risk.
- Coordinate Supply Chain Review Board activities, including reviewing documentation and maintaining records of decisions and approvals.
- Own the end-to-end administration of Non-Disclosure Agreements (NDAs), including preparation, routing for review and signature, maintaining NDA registers and document repositories, and ensuring fully executed agreements are properly controlled.
- Cost Optimization: Negotiate pricing, terms, and delivery schedules with suppliers to achieve cost-effective procurement solutions without compromising quality. Continuously evaluate cost-saving opportunities and implement best practices for procurement efficiency.
- Support supplier performance, risk management, and continuous improvement initiatives through supplier performance monitoring, audit support, process improvement activities, and collaboration with cross-functional teams to achieve business objectives. Support Supplier Quality team to address any supplier performance issues.
- Supplier Sourcing & Management: Identify, evaluate, and establish strong relationships with new and existing suppliers to meet the company’s needs for raw materials, components, and services.
- Risk Management: Identify and mitigate supply chain risks such as Single Source, material shortages, supplier delays, or disruptions. Ensure continuity of supply to prevent production downtime.
- Cross-functional Collaboration: Work closely with production, engineering, supplier quality and finance teams to align procurement activities with production needs and overall business objectives.
- Compliance & Documentation: Ensure all procurement activities comply with company policies, regulatory standards, and industry best practices. Maintain accurate records and documentation for all procurement transactions.
Qualifications:
- Education: Bachelor’s degree in Supply Chain / Procurement or similar business profession. CIPS qualified is desired.
- Experience: Minimum of 3 years of experience in procurement or supply chain management, preferably in a manufacturing or industrial setting. Semi-Conductor Experience is a bonus. Proven experience in negotiating with suppliers, managing contracts, managing supplier relationships, and handling purchase orders.
- Skills & Abilities: Strong negotiation, communication, and interpersonal skills. Strong commercial awareness. Excellent organisational skills with attention to detail and accuracy. Knowledge of procurement software and ERP systems (e.g., Dynamics NAV, SAP, Oracle, or similar tools). Ability to work effectively under pressure and manage competing priorities. Understanding of manufacturing processes and inventory management techniques.
Power your career as you power the world.
Supply Chain Procurement Specialist in Newport employer: Vishay Intertechnology
Vishay Intertechnology is an exceptional employer located in Newport, UK, offering a dynamic work environment that fosters innovation and collaboration. With a strong focus on employee growth, the company provides ample opportunities for professional development through training and project management experiences. The culture promotes Lean manufacturing principles, ensuring that employees are engaged in meaningful work that directly impacts operational excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Supply Chain Procurement Specialist in Newport
✨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 Vishay Intertechnology.
✨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 Supply Chain Procurement Specialist in Newport
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 Vishay Intertechnology:Your cover letter should read like you’re chatting directly to Vishay Intertechnology. 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 Vishay Intertechnology.
How to prepare for a job interview at Vishay Intertechnology
✨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 Vishay Intertechnology!
✨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 Vishay Intertechnology. 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 Vishay Intertechnology's culture.