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For Companies At a Glance
- Tasks: Lead strategic sourcing and negotiate contracts to secure the best value for the company.
- Company: Market-leading engineering business focused on innovation and excellence.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Why this job: Make a real impact by enhancing margins and building strong supplier relationships.
- Qualifications: Strong negotiation skills and experience in procurement management.
- Other info: Join a collaborative team where your strategic thinking can shine.
Our client is a market leading specialist engineering business and they are now looking to recruit a highly skilled and strategic Procurement Manager with strong negotiation skills and a clear focus on cost reductions and overall margin enhancement.
Key Responsibilities
- Strategy & Sourcing: Develop, implement, and manage comprehensive procurement strategies, policies, and procedures that align with overall business objectives. Conduct market research and analysis to identify potential suppliers, market trends, and sourcing opportunities. Lead the end-to-end strategic sourcing process. Identify and implement cost-saving opportunities and demand management initiatives without compromising quality or supply security.
- Contract Management & Negotiation: Negotiate and agree on advantageous contract terms, pricing, and service level agreements (SLAs) with suppliers to secure the best value for money. Draft, review, and manage contracts, ensuring compliance with legal and organisational requirements. Perform value-for-money reviews of existing contracts and renegotiate terms as needed.
- Supplier Relationship Management (SRM): Build, maintain, and strengthen long-term, ethical relationships with critical suppliers and vendors. Monitor and evaluate supplier performance (quality, delivery, compliance, service) against agreed-upon KPIs and contracts. Address and resolve issues and disputes related to goods, services, or contractual obligations effectively.
- Operations & Compliance: Oversee the procure-to-pay process, including the management of purchase orders, ensuring accuracy and timely delivery. Manage procurement budgets and track key functional metrics (KPIs) to report on spending, savings, and performance. Ensure all procurement activities adhere to company policies, legal regulations, ethical standards, and risk management guidelines. Collaborate with internal stakeholders (e.g., Finance, Legal, Operations) to forecast demand and align procurement activities with business needs.
Interviews are ongoing so apply now.
Procurement Manager employer: WH Finance Ltd
Contact Detail:
WH Finance Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the engineering and procurement sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for those interviews! Research the company and its procurement strategies. Be ready to discuss how your negotiation skills can lead to cost reductions and enhance margins. Show them you’re the strategic thinker they need!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that match your skills. Keep an eye on our listings and make sure your application stands out by tailoring it to each role.
We think you need these skills to ace Procurement Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Procurement Manager role. Highlight your strategic sourcing experience and negotiation skills, as these are key for us. Use specific examples that showcase your ability to implement cost-saving initiatives.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Explain why you're the perfect fit for our client’s needs. Mention your experience in managing supplier relationships and how you’ve successfully negotiated contracts in the past.
Showcase Relevant Achievements: Don’t just list your responsibilities; show us what you've achieved! Include metrics or outcomes from your previous roles that demonstrate your impact on cost reductions and margin enhancement.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any updates. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at WH Finance Ltd
✨Know Your Procurement Strategies
Before the interview, brush up on various procurement strategies and be ready to discuss how you've implemented them in past roles. This shows that you understand the importance of aligning procurement with business objectives.
✨Master Negotiation Scenarios
Prepare for potential negotiation scenarios by thinking through your approach to securing advantageous contract terms. Be ready to share specific examples where your negotiation skills led to cost savings or improved supplier relationships.
✨Showcase Supplier Relationship Management
Think about how you've built and maintained relationships with suppliers in the past. Be prepared to discuss how you monitor supplier performance and resolve disputes, as this is crucial for the role.
✨Understand Compliance and Risk Management
Familiarise yourself with compliance regulations and risk management guidelines relevant to procurement. Be ready to explain how you've ensured adherence to these standards in your previous positions.
