We are looking for an experienced Commodity Buyer
Do you have the skills and experience we need?
Role Objective
Reporting to the Procurement Manager and working within a small team, the Commodity Buyer will be responsible for the development and introduction of sourcing and category plans that will be designed to deliver a value for money supply base, with specific focus on cost, quality and delivery
The successful applicant will have previous experience of working in a purchasing team preferably within an automotive or manufacturing environment, working closely with suppliers, along with sound knowledge of purchasing, negotiation ,commercial understanding, and cost breakdown.
Specific Responsibilities:
* Work individually and directly with the Procurement Manager and all internal business leads, to ensure the successful delivery of contracted supply activities
* Identify potential suppliers, conduct supplier evaluations, negotiate contracts, and establish long-term agreements
* Develop and implement a strategic sourcing plan for aluminium commodities considering market factors
* Conduct cost analysis and bench marking to identify cost-saving opportunities
* Negotiate terms of business, competitive pricing and where applicable, service level agreements and performance expectations
* Monitor and advise on any issues which present risk or opportunity to the organisation
* Actively promote and champion the use of best practice to ensure compliance with the organisations policies and procedures
* Select suppliers for NPI and Series production components in line with commodity strategy
* Evaluate part designs with engineering, quality, and suppliers to obtain maximum efficiencies and best costs
* Develop and report weekly KPI’s to measure progress against company goals
* Understand market trends for owned commodity
* Manage owned commodity price lists with Suppliers tracked against market data
* Manage short and long-term capacity at Suppliers
* Maintain complex spreadsheets containing supply base data
* Conduct regular due diligence on supply base
Qualifications and Experience Levels:
* Bachelor's degree in Business, Engineering or related field (preferable). MBA (desirable).
* Previous experience of working in a purchasing team preferably within an automotive or manufacturing environment
* Good knowledge of purchasing, negotiation, commercial understanding, and cost breakdown
* Experience of working closely with suppliers
* Able to add value, reduce costs and input to business improvements
* An understanding of automotive processes would be advantageous
* Computer literate, with advanced Excel skills/abilities
* Knowledge of aluminium commodity including specifications and manufacturing processes
* Strong negotiation and analytical skills with the ability to assess cost structures, conduct price analysis, and drive cost-saving initiatives
* Chartered Institute of Procurement & Supply (CIPS) or similar qualification or studying towards CIPS qualification would be beneficial but not essential
This is a permanent position based at our site in Burnley.
Salary is dependent upon experience.
Working a 39-hour week
7.45am -5pm Monday to Thursday and 7.45am to 1pm on Friday.
Job Types: Full-time, Permanent
Pay: £35,000.00-£45,000.00 per year
Schedule:
* Monday to Friday
Work Location: In person
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