
Senior Strategic Buyer
10 hours ago
The Procurement Strategist will lead purchasing strategies and activities effectively, ensuring optimal supplier performance and price.
This role is responsible for developing a strategy to ensure the function operates in line with business objectives, adding value, mitigating supply chain risks, and delivering cost savings.
Developing and maintaining strategic supplier relationships, managing contracts, contractual relationships, and contract management to improve delivery of goods and services by the supply base.
- Overall responsibility for Purchasing and Cost Estimating activities across the business.
- Create and implement best practice purchasing vision, strategy, policies, processes, and procedures to aid and improve business performance.
- Ensure purchasing strategies and processes meet business objectives and operational needs in terms of price, quality, and delivery targets.
- Evaluate challenges faced by the business and take action to mitigate risks and develop opportunities.
- Contribute to overall business strategy and annual planning process.
- Take ownership of the purchasing policy, guidelines, and associated documents.
- Initiate and develop creative and innovative procurement processes.
- Manage relationships and negotiate with key suppliers at a senior and strategic level.
- Negotiate contract terms with key suppliers to ensure value for money, quality standards, and delivery terms.
- Craft negotiation strategies and close deals with optimal terms.
- Forecast price and market trends to identify changes in buyer-supplier power.
- Partner with reliable vendors and suppliers.
- Develop an overall vendor base creating and sustaining a competitive advantage through global market exploitation, leveraging spends, and leveraging technologies.
- Implement and maintain a supplier relationship and evaluation process to measure effective supplier performance and compliance.
- Apply professional and consistent supplier management across the supply base in line with purchasing policies and OJEU guidance.
- Collaborate with Research Development to source new and alternative raw materials.
- Foster strong communication between teams under leadership to facilitate exchange of information and implement change and improvements.
- Ensure the function operates in accordance with health, safety, and environmental policies and procedures to ensure staff and visitor safety and wellbeing.
- Provide leadership, coordination, and coaching to the team, enabling them to achieve operational and financial metrics within their areas of responsibility.
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