Senior Buyer

Futura Design Ltd; United Kingdom; On-site; GBP 80,000 - GBP 100,000; Full time

Job summary

A leading automotive design firm in the United Kingdom is seeking a Senior Buyer to manage global commodities and supplier relationships for a 12-month maternity cover. The role involves developing sourcing strategies, ensuring cost management, and collaborating with various departments to support business goals. Ideal candidates will be degree qualified and possess strong negotiation and analytical skills to deliver results in a demanding environment.

Qualifications

• Degree qualified or equivalent experience.
• Ability to work independently and deliver operational plans.
• Capability to create high-quality long-term procurement strategies.

Responsibilities

• Lead the supplier and stakeholder relationships in sourcing.
• Manage suppliers within designated commodities.
• Ensure compliance with procurement systems and processes.

Skills

Strategic thinking

Supplier relationship management

Cost management

Negotiation skills

Analytical skills

Education

Degree or equivalent experience

Job description

Our OEM Client based in Gaydon, is searching for Senior Buyer to join their team, Inside IR35. This is a 12-month maternity leave cover contract position

Umbrella Pay Rate: £40.45 per hour.

The Opportunity

• Reporting to the Procurement Manager you will have Global responsibility for specific commodities. You will utilise your experience to analyse, define, and implement market and sourcing strategies for your designated commodities. You will lead the Global sourcing activity through the Global Sourcing Process (GSP) up to contract award (SCPA). Both Global Strategy and Sourcing activity will be supported by the Regional Delivery teams for your commodities, utilising regional market intelligence and expertise.
• You will lead the development of the supplier and internal stakeholder relationships to ensure strategic and programme alignment. You will manage suppliers within your designated commodities, responsible for Supplier Business Reviews ensuring that the Global Commodity Strategy and Supply Base Market strategy is effectively deployed throughout all of the company and the external supply chain.
• You will support and work closely with the Regional Delivery teams and engage with specialists within the Procurement Function as required to ensure optimum value creation and delivery for the company, as well as leading stakeholder relationships and ensuring the company is appropriately represented both internally and externally
• This role is a pivotal role for interface with other key functions within the company and acts as a core conduit for true cross functional working across Production Procurement, MP&L, STA, Product Engineering, Cost Engineering and Manufacturing.

Key Performance Indicators

• Strategic Commodity Dossier/Commodity Business Plan delivery and coverage
• New model cost target achievement at sourcing (Pre SCPA)
• Net Cost Reporting targets and strategic should-cost Gap Closure Plan targets (Post SCPA)
• Supplier performance management
• GSP performance metrics

Key Accountabilities and Responsibilities

Strategy & Sourcing

• Responsible for Strategic Commodity Dossier (SCD) and Commodity Business Plan (CBP) delivery, ensuring relevant data is updated and understood to make strategic recommendations
• With support from the Strategic Analyst, accountable for obtaining and understanding analytics on suppliers, market and business requirements is available
• Responsible for creation, delivery and execution of SCD and CBP to specific sourcing requirements including supplier selection and sourcing approach in line with company sourcing guidelines e.g. Achilles Registration and Supplier Risk Assessment
• Deliver sourcing in line with policy and to agreed targets through GSP and deploying TCO/TVO approach
• Responsible for timely and accurate GSAD submission, Procurement deliverables and GSP process adherence for the Strategic team
• Lead supplier negotiations and contracting with the support of the Regional teams including legal and financial approval pre SCPA, also engaging specialist teams where appropriate e.g. Global Procurement Finance (GPF)
• Work with the Capacity Planning Team (CPT) to ensure sufficient capacity at nomination and manage strategic capacity changes and constraints
• Identify Make vs Buy opportunities, supporting MBO to develop business justifications when required

Cost Management

• Ensure robust cost model development and input to cost target setting process, supporting cost event outcomes (pre SCPA) driving programme target alignment
• Ensure key cost management information is accurate and documented (e.g. CDTS pre contract award)
• Key Procurement representative at Module Business Teams (MBT) to ensure cross-functional alignment on quality, cost, delivery and time requirements pre SCPA
• Lead stakeholder alignment in relation to; programme targets, red book, take rates and volumes, delivery buying teams and utilising specialists as required cross architecture, carlines
• Ensure alignment with Regional Buyer & Cost Engineering to ensure strategic cost gap closure plans in place and actioned
• Ensure delivery of material cost (NCR) to target pre and post SCPA working closely with the Regional Delivery teams

Supplier Relationship Management

• Working with the Regional Delivery Teams, lead the development of the supplier relationships globally for your designated commodities
• Participate in Supplier Business Reviews to develop supplier relationships in accordance with the supplier segmentation model
• Ensure supplier briefing templates are kept up-to-date to enable senior stakeholder briefings

Other

• Act as central co-ordination to ensure appropriate information exchange from and to all regional buyers
• Ensure effective handover for regional team(s) post SCPA using defined handover process
• Ensure compliance to the companies Way and KWS processes driving system compliance throughout the supply chain by maintaining the Procurement systems to ensure data integrity and therefore system performance
• Manage Supplier, and Supply Chain Risk Management for assigned commodities post SCPA ensuring the supply chain operates.
• Participate in Global functional improvement projects, process improvements and activities as required
• Undertake any other work as directed by their line manager in connection with their job as may be requested

Key Interactions

• Product Engineering
• New Model Programme Teams
• Cost Engineering
• Global Procurement Finance
• Supplier Base
• STA

Knowledge, Skills and Experience

Essential

• Degree qualified or equivalent experience
• Ability to work independently, results driven, demonstrating tenacity, drive and perseverance with the ability to deliver operational plans in a complex, highly demanding environment.
• Capability to create high-quality long-term Procurement strategies
• A resilient and enthusiastic individual who responds constructively to new ideas and inputs
• A strong communicator with the ability to communicate effectively with key stakeholders to influence cross-functional engagement
• An effective team player, actively develops and supports team members
• Maintaining compliance with standard policies and procedures
• Translating analytical results into detailed, robust actionable recommendations to the business

Desirable

• An individual with the ability to challenge existing thinking in a positive way whilst building credibility and trust through experience and personal style
• Experience of working in a global, multi-cultural environment