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:
o Develop, implement, and manage comprehensive procurement strategies, policies, and procedures that align with overall business objectives.
o Conduct market research and analysis to identify potential suppliers, market trends, and sourcing opportunities.
o Lead the end-to-end strategic sourcing process.
o Identify and implement cost-saving opportunities and demand management initiatives without compromising quality or supply security.
* Contract Management & Negotiation:
o Negotiate and agree on advantageous contract terms, pricing, and service level agreements (SLAs) with suppliers to secure the best value for money.
o Draft, review, and manage contracts, ensuring compliance with legal and organisational requirements.
o Perform value-for-money reviews of existing contracts and renegotiate terms as needed.
* Supplier Relationship Management (SRM):
o Monitor and evaluate supplier performance (quality, delivery, compliance, service) against agreed-upon KPIs and contracts.
o Address and resolve issues and disputes related to goods, services, or contractual obligations effectively.
* Operations & Compliance:
o Oversee the procure-to-pay process, including the management of purchase orders, ensuring accuracy and timely delivery.
o Manage procurement budgets and track key functional metrics (KPIs) to report on spending, savings, and performance.
o Ensure all procurement activities adhere to company policies, legal regulations, ethical standards, and risk management guidelines.
o Collaborate with internal stakeholders (e.g., Finance, Legal, Operations) to forecast demand and align procurement activities with business needs.
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