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Buyer

LUXE Recruitment Ltd
Posted 11 days ago, valid for 5 days
Location

Hook, Hampshire RG279FG, England

Contract type

Full Time

Life Insurance

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

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Sonic Summary

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  • An innovative electronics company in Hook, Hampshire is seeking an experienced Buyer to join their procurement team of five.
  • The role involves managing 7-8 strategic suppliers with an annual spend of £2.5m - £3.5m, primarily focusing on direct categories.
  • Candidates should have at least 2 years of purchasing or procurement experience, with experience in sourcing direct categories being essential.
  • The position offers a salary of up to £40,000, along with a performance-related bonus and various benefits including pension and life assurance.
  • Flexibility to work from home one day a week and early start times for communication with suppliers in the Far East are also available.

We’re looking for an experienced Buyer to join an innovative company (with excellent benefits!) based in Hook, Hampshire, who operate in the electronics sector.

Working in a procurement team of 5 people, you will be responsible for owning 7-8 strategic / critical suppliers for direct categories and a mix of suppliers for indirect categories, with an annual spend between £2.5m - £3.5m (95% of this being direct).

This includes:

· Processing requisitions, updating inventory, and managing stock levels making sure stock levels are up to date (especially when Liability Agreements and Buffer agreements are in place).

· Arranging transport of goods and tracking orders to ensure timely delivery.

· Instigates process improvements to support Sales and Inhouse targets via skilled negotiations with the suppliers.

· Responsible for the accuracy of MRP status data (lead-time, batch size, payment terms, unit costs, etc.), relating to relevant suppliers and purchased parts.

· Function as the focal person for contact between relevant suppliers and sales team and service delivery team)

· Effectively negotiates with suppliers, to achieve lowest overall acquisition cost for the business.

· Leads benchmarking processes with the support of the Procurement Manager and working with the sales team to make sure the most qualified suppliers are approved and prices in place.

· Present business case proposals (vulnerability, cost downs, etc) to Procurement Manager and Operations director.

· With the support from the Procurement Manager, manages and evaluates risk effectively with suppliers and manages the risk to the business.

· Leads, evaluates, and negotiates tender/request for quotation (RFQ) process for new and existing suppliers/parts. Understands and conveys the impact of the commodity market on our product and processes.

· Evaluates supplier’s financial information and manages the findings of the financial evaluation/risk assessment constructively.

· Confident at managing both UK and overseas suppliers.

· Support relevant new product build activities involving suppliers as required.

· Take full ownership of new product parts, (simulated costs, data sheets, quotes, inspection, launch set-up, parts for builds, etc.) from order placement through to availability ready to send to our customers.

· Working knowledge of the technologies, processes, and materials relevant to own commodity areas.

· Actively investigates alternative materials and manufacturing processes and presents findings to Procurement Manager and Operations Director

· Deliver cost savings through skilled negotiation.

· Collaborate with suppliers to deliver cost reduction through component re-design, material change, continuous improvement activities, etc.

· Lead problem-solving initiatives with suppliers and Quality Manager to determine root causes returns, quality issues and ensure preventative actions are implemented.

· Agree Purchasing Agreements and SLAs (service level agreements- when applicable) with the Service suppliers. This with the approval and support of Procurement Manager.

About YOU!

· 2+ years’ purchasing / procurement experience.

· Experience in sourcing direct categories (indirect categories is also a bonus).

· Experience with Far East suppliers (desirable).

· Experience in procuring electronic components / cabling (desirable).

· CIPS (level 4) qualified (desirable).

· Negotiation experience – internal and external.

· Ability and willingness to learn.

· Problem-solving techniques to resolve immediate issues.

In return, my client will be offering a salary of up to £40,000 as well as a performance-related bonus, pension, life assurance & more. There is also the potential to work one day from home and also start (and finish) early for communication with suppliers in the Far East (should it suit you).

Please apply today for more info!

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

SonicJobs' Terms & Conditions and Privacy Policy also apply.