Manager: Sourcing

Company:  Mantras2Success Consultants
Location: Boston
Closing Date: 07/11/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Summary:

  • The incumbent will be leading the Sourcing (Supply chain) function with the primary responsibility of formulating a sourcing strategy, developing vendors and contract manufacturers, managing the procurement process and optimizing cost & efficiency.
  • Experience: Extensive experience in leading the Installation & Commissioning of Mechanical/Electrical projects in the Agri/Food industry, including operation & maintenance.
  • Skills: Combination of engineering, commercial skills and leadership skills to deliver high-quality projects and ensure customer satisfaction throughout the customer life cycle.

Key Responsibilities:

  • Sourcing strategy: Formulate sourcing strategy basis market assessment, business needs, profit contribution, suppliers’ bargaining power etc.
  • Vendor Development : Identify, evaluate, and establish relationships with suppliers and contract manufacturers (Project engineers and Fabricators) for various components. Ensure a robust supplier base to meet project needs.
  • Purchasing Management : Handle all aspects of the procurement process, including issuing RFQs, evaluating quotations, creating and managing purchase orders, and ensuring timely delivery of components.
  • Negotiation : Leverage strong negotiation skills to secure favourable commercials, pricing, terms, and conditions with suppliers and vendors.
  • Cost Optimization : Investigate and implement low-cost alternatives while maintaining product quality. Continuously seek opportunities for cost savings and process improvements.
  • Contract Management : Develop, negotiate, and manage contracts with contract manufacturers. Ensure compliance with contractual agreements and oversee performance metrics.
  • Vendor Relationship Management : Foster strong relationships with vendors to ensure reliable supply chains and resolve any issues that may arise. Perform vendor assessment and optimize the vendor portfolio regularly.
  • Process development : Formulate & institute appropriate Sourcing policies, systems & processes.

Qualifications:

  • 5 years of experience in sourcing roles, particularly within engineering or mechanical products.
  • Proven track record in developing vendor relationships and managing procurement processes.
  • Excellent commercial and negotiation skills and ability to identify cost-saving opportunities.
  • Experience with contract development and management.

Benefits:

  • 5 Working Days
  • Hybrid Model
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