Senior Procurement Analyst

Senior Procurement Analyst

Full-Time 46000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Oversee procurement processes, manage MRP, and create data analytics reports using Power BI.
  • Company: Join a leading aerospace materials supplier experiencing rapid growth in the MRO sector.
  • Benefits: Enjoy a salary up to £58K, health cover, 25 days leave, and a casual Friday dress code.
  • Why this job: Be part of a dynamic team driving improvements in procurement and inventory management.
  • Qualifications: Bachelor's degree in supply chain or related field preferred; experience in procurement is essential.
  • Other info: Opportunity to mentor junior staff and work in a modern office environment.

The predicted salary is between 46000 - 60000 £ per year.

Job Description

Our client, a leading world-class aerospace material supplier, specializing in supplying a comprehensive range of products tailored for the aviation Maintenance, Repair, and Overhaul (MRO) sector, are looking to recruit a Senior Procurement Analyst, to be based at their offices in Hemel Hempstead, Hertfordshire.\\nOn offer:\\n * An exciting opportunity to join a well-respected aerospace materials provider who is experiencing rapid growth due to recent investment.\\n * Based at a modern state of the art office and warehouse facility.\\n * Salary up to £58K, dependant on skills and experience.\\n * Bonus\\n * Health Cover\\n * 25 Days annual leave, increasing by one day following 3 yrs, 5 yrs and 7yrs of service.\\n * Pension scheme.\\n * Friday Casual wear.\\nMain Purpose of the Role:\\nReporting to the Procurement Director, the Senior Procurement Analyst is responsible for overseeing the procurement process, managing material requirements planning (MRP), master data, and purchase order approvals. This role involves leveraging Power BI for data analytics, creating reports and dashboards, and managing forecasting processes to ensure optimal inventory levels and supplier relationships. The manager will work with internal and external stakeholders to drive continuous improvement, enhance forecast accuracy, and ensure compliance with company policies.\\nDuties and Responsibilities of the Senior Procurement Analyst:\\n * Run the MRP process to identify stock replenishment needs and address stock shortages.

Maintain and update MRP parameters, including supplier lead times, sales forecasts, minimum stock limits, and preferred suppliers.\\n * Support the team in preparing and raising purchase orders for stock replenishment based on MRP outputs. Oversee validation and approval of purchase orders to ensure accuracy and compliance.\\n * Ensure stocking levels are maintained at optimal minimum and maximum levels to support business needs and customer order fulfilment.\\n * Maintain and manage accurate master data within procurement systems to ensure reliable MRP outputs and reporting.\\n * Leverage and manage Power BI to design, develop, dataflows, semantic models, and interactive dashboards for procurement analytics and provide actionable insights for procurement and inventory management.\\n * Troubleshoot data discrepancies and ensure alignment between operational data and reporting metrics.\\n * Present actionable insights to senior management and stakeholders using data visualizations and performance dashboards.\\n * Oversee quarterly forecast reviews, collaborating with internal and external stakeholders to refine forecasts. Research and implement advanced forecasting techniques (e.g., statistical modelling, machine learning) to improve accuracy and reduce stockouts or overstocking.\\n * Build, maintain, and manage relationships with suppliers, ensuring consistent communication and a professional approach to all interactions.\\n * Work closely with the procurement team to identify opportunities for process improvements, cost reduction, and business enhancements.\\n * Engage with internal and external stakeholders to align procurement strategies with business objectives and drive operational efficiency.\\n * Facilitate cross-functional meetings to address supply chain risks, resolve bottlenecks, and drive process improvements.\\n * Train and mentor junior procurement staff on MRP systems, data analysis tools, and best practices.\\n * Ensure compliance with company guidelines, purchasing policies, and procedures during all procurement activities.\\nTo Be Considered:\\n * Hold a bachelor’s degree in supply chain management, business administration, or a related field is preferred, though equivalent experience will be considered.\\n * Demonstrated experience in procurement, material planning, or supply chain analytics gained ideally within an FMCG environment\\n * Demonstrated success in managing MRP processes, inventory optimization.\\n * Ability to add value and contribute to process and business improvements, however other industries will be considered\\n * Computer literacy with advanced proficiency in Microsoft Excel and experience with Power BI or similar data analytics tools, hands-on experience with Power BI, SQL, or Python for data analysis is advantageous.\\n * Ability to work in a fast-paced environment with tight deadlines and multiple priorities.\\nFor more details, please contact Willis Global – a leading Recruitment Consultancy for the Aviation & Aerospace industry

Senior Procurement Analyst employer: Willis Global Ltd

Join a leading aerospace materials supplier in Hemel Hempstead, where you will thrive in a dynamic and supportive work environment. With a focus on employee growth, the company offers comprehensive benefits including health cover, a generous pension scheme, and 25 days of annual leave that increases with service. Embrace the opportunity to work in a state-of-the-art facility while contributing to innovative procurement strategies in a rapidly growing sector.
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Contact Detail:

Willis Global Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Procurement Analyst

✨Tip Number 1

Familiarise yourself with the specific procurement processes and MRP systems mentioned in the job description. Understanding how these systems work will not only help you during interviews but also demonstrate your proactive approach to the role.

✨Tip Number 2

Brush up on your Power BI skills, as this role heavily relies on data analytics and reporting. Consider creating a sample dashboard or report that showcases your ability to analyse procurement data effectively.

✨Tip Number 3

Network with professionals in the aerospace and procurement sectors. Engaging with industry peers can provide insights into current trends and challenges, which you can discuss during your interview to show your industry knowledge.

✨Tip Number 4

Prepare to discuss your experience with supplier relationship management. Think of examples where you've successfully built and maintained relationships, as this is crucial for the role and will highlight your interpersonal skills.

We think you need these skills to ace Senior Procurement Analyst

Material Requirements Planning (MRP)
Power BI
Data Analytics
Inventory Management
Forecasting Techniques
Statistical Modelling
Machine Learning
Supplier Relationship Management
Process Improvement
Cost Reduction Strategies
Microsoft Excel (Advanced)
SQL
Python
Communication Skills
Stakeholder Engagement
Training and Mentoring

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in procurement, material planning, and supply chain analytics. Emphasise your proficiency with Power BI and any experience you have with MRP processes.

Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key responsibilities of the Senior Procurement Analyst role. Mention how your skills align with their needs, particularly in data analytics and supplier relationship management.

Showcase Relevant Achievements: In your application, include specific examples of how you've improved procurement processes or inventory management in previous roles. Use metrics to demonstrate your impact, such as cost savings or efficiency improvements.

Prepare for Data-Driven Questions: Since the role involves leveraging data analytics, be ready to discuss your experience with tools like Power BI, SQL, or Python. Prepare to explain how you've used data to drive decision-making and improve procurement outcomes.

How to prepare for a job interview at Willis Global Ltd

✨Showcase Your Analytical Skills

As a Senior Procurement Analyst, you'll need to demonstrate your ability to analyse data effectively. Be prepared to discuss your experience with Power BI and how you've used data analytics to drive procurement decisions in the past.

✨Understand MRP Processes

Make sure you have a solid grasp of Material Requirements Planning (MRP) processes. Be ready to explain how you've managed stock replenishment needs and optimised inventory levels in previous roles.

✨Highlight Supplier Relationship Management

Building and maintaining relationships with suppliers is crucial. Share examples of how you've successfully communicated with suppliers and resolved issues to ensure smooth procurement operations.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving skills. Think about challenges you've faced in procurement and how you overcame them, particularly in fast-paced environments.

Senior Procurement Analyst
Willis Global Ltd
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