At a Glance
- Tasks: Oversee procurement processes, manage MRP, and create data analytics reports.
- Company: Join a leading aerospace materials supplier experiencing rapid growth.
- Benefits: Enjoy a salary up to £58K, health cover, 25 days leave, and casual Fridays.
- Why this job: Be part of a dynamic team driving improvements in the aviation sector.
- Qualifications: Bachelor’s degree preferred; experience in procurement and strong forecasting skills required.
- Other info: Opportunity to work with advanced tools like Power BI and mentor junior staff.
The predicted salary is between 42000 - 58000 £ per year.
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.
On Offer:
- An exciting opportunity to join a well-respected aerospace materials provider who is experiencing rapid growth due to recent investment.
- Based at a modern state of the art office and warehouse facility.
- Salary up to £58K, dependant on skills and experience.
- Bonus
- Health Cover
- 25 Days annual leave, increasing by one day following 3 yrs, 5 yrs and 7yrs of service
- Pension scheme
- Friday Casual wear
Main Purpose of the Role:
Reporting 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 Procurement Analyst will work with internal and external stakeholders to drive continuous improvement, enhance forecast accuracy, and ensure compliance with company policies.
Duties and Responsibilities of the Senior Procurement Analyst:
- 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.
- 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.
- Ensure stocking levels are maintained at optimal minimum and maximum levels to support business needs and customer order fulfilment.
- Maintain and manage accurate master data within procurement systems to ensure reliable MRP outputs and reporting.
- 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.
- Troubleshoot data discrepancies and ensure alignment between operational data and reporting metrics.
- Present actionable insights to senior management and stakeholders using data visualizations and performance dashboards.
- 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.
- Build, maintain, and manage relationships with suppliers, ensuring consistent communication and a professional approach to all interactions.
- Work closely with the procurement team to identify opportunities for process improvements, cost reduction, and business enhancements.
- Engage with internal and external stakeholders to align procurement strategies with business objectives and drive operational efficiency.
- Facilitate cross-functional meetings to address supply chain risks, resolve bottlenecks, and drive process improvements.
- Train and mentor junior procurement staff on MRP systems, data analysis tools, and best practices.
- Ensure compliance with company guidelines, purchasing policies, and procedures during all procurement activities.
To Be Considered:
- Hold a bachelor’s degree in supply chain management, business administration, or a related field is preferred, though equivalent experience will be considered.
- Demonstrated experience in procurement, material planning, or supply chain analytics.
- Strong forecasting experience.
- Demonstrated success in managing MRP processes, inventory optimization.
- Ability to add value and contribute to process and business improvements, however other industries will be considered.
- 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.
- Ability to work in a fast-paced environment with tight deadlines and multiple priorities.
For more details, please contact Willis Global - a leading Recruitment Consultancy for the Aviation & Aerospace industry.
Senior Procurement Analyst employer: Willis Global
Contact Detail:
Willis Global Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Procurement Analyst
✨Tip Number 1
Familiarise yourself with the aerospace industry, particularly the MRO sector. Understanding the specific challenges and trends in this field will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Brush up on your Power BI skills, as this role heavily relies on data analytics. Consider creating a portfolio of dashboards or reports that showcase your ability to analyse procurement data and present actionable insights.
✨Tip Number 3
Network with professionals in the procurement and supply chain sectors, especially those with experience in aerospace. Attend industry events or join relevant online forums to build connections that could provide valuable insights or referrals.
✨Tip Number 4
Prepare to discuss your experience with MRP processes and forecasting techniques in detail. Be ready to share specific examples of how you've optimised inventory levels or improved supplier relationships in previous roles.
We think you need these skills to ace Senior Procurement Analyst
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 forecasting techniques you've used.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the aerospace industry and detail how your skills align with the responsibilities of the Senior Procurement Analyst role. Mention specific achievements that demonstrate your ability to improve processes and manage supplier relationships.
Showcase Data Skills: Since the role involves leveraging Power BI for data analytics, include examples of how you've used data visualisation tools to drive insights and decision-making in previous roles. This will show your capability to handle the analytical aspects of the job.
Highlight Continuous Improvement Experience: Discuss any past experiences where you identified opportunities for process improvements or cost reductions. This is crucial as the role focuses on enhancing forecast accuracy and operational efficiency.
How to prepare for a job interview at Willis Global
✨Showcase Your Procurement Knowledge
Make sure to brush up on your procurement processes and MRP systems. Be ready to discuss your experience with inventory optimisation and how you've successfully managed supplier relationships in the past.
✨Demonstrate Data Analytics Skills
Since the role involves leveraging Power BI for data analytics, prepare to showcase your proficiency in this tool. Bring examples of dashboards or reports you've created and be ready to explain how they contributed to decision-making.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about challenges you've faced in procurement and how you overcame them, particularly in relation to forecasting and stock management.
✨Highlight Continuous Improvement Initiatives
Be prepared to discuss any initiatives you've led or participated in that aimed at improving procurement processes. This could include cost reduction strategies or enhancements in supplier communication, which are crucial for this role.