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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.
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