Indirect Buyer

Southco, Inc.; Worcester; On-site; GBP 40,000 - 65,000; Full time

Benefits offered by this job

Annual bonus 5%

Pension match up to 10%

Life assurance 4x Base salary

Wellness initiatives

Job summary

Southco, Inc. is seeking an Indirect Buyer to source goods and services for the company’s daily operations, including office supplies, IT equipment, SaaS and marketing.

You will manage a spend category of over $10M with a focus on reducing total cost of ownership and boosting supplier performance. Responsibilities include negotiating contracts with indirect suppliers, cost management, contract renewals, and cross-functional project leadership across regions to understand needs and achieve cost

Qualifications

• Degree in Business or relevant discipline.
• At least 2 years' Indirect or MRO Purchasing experience.
• Excellent communication and negotiating skills.
• Good working knowledge of pricing policy, spend management, tools and templates.

Responsibilities

• Managing indirect suppliers – Negotiating contracts and pricing, working closely with the finance team.
• Cost management – Analysing spending patterns, identifying cost savings opportunities and managing the total cost of ownership for indirect purchases. Utilize Scorecard to track action plans and deliver year on year improvement goals.
• Contract management – Ensuring compliance with supplier contracts and managing contract renewals.
• Identifying needs – Working with different departments and regions within the company to understand their needs for Indirect goods and services.
• Supplier relationship building – Develop strong relationships with strategic suppliers to ensure timely delivery and quality of goods and services.
• Project Management – Lead Cross Functional Teams to achieve indirect project goals.
• Monitor market conditions & performance – Report on innovation, price trends, potential opportunities.
• Risk mitigation – Assessing potential risks associated with indirect purchases and implementing mitigation strategies

Skills

Negotiation

Communication

Cost management

Indirect purchasing

Cross-functional teams

Supplier relationships

Risk mitigation

Education

Degree in Business or relevant discipline

Tools

SAP

Job description

The ideal candidate is responsible for purchasing goods and services that are necessary for Southco's day-to-day operations but are not directly used in the production of their products. Such as office supplies, IT Equipment, SaaS and Marketing. Essentially the Indirect buyer will support a spend category of > $10M with a clear mandate to reduce total cost of ownership and strengthen supplier performance.

Responsibilities

• Managing indirect suppliers – Negotiating contracts and pricing, working closely with the finance team
• Cost management – Analysing spending patterns, identifying cost savings opportunities and managing the total cost of ownership for indirect purchases. Utilize Scorecard to track action plans and deliver year on year improvement goals.
• Contract management – Ensuring compliance with supplier contracts and managing contract renewals
• Identifying needs – Working with different departments and regions within the company to understand their needs for Indirect goods and services
• Supplier relationship building – Develop strong relationships with strategic suppliers to ensure timely delivery and quality of goods and services
• Project Management – Lead Cross Functional Teams to achieve indirect project goals.
• Monitor market conditions & performance – Report on innovation, price trends, potential opportunities.
• Risk mitigation – Assessing potential risks associated with indirect purchases and implementing mitigation strategies

Qualifications/Requirements

Required

• Degree in Business or relevant discipline
• At least 2 years' Indirect or MRO Purchasing experience
• Excellent communication and negotiating skills
• Good working knowledge of pricing policy, spend management, tools and templates

Preferred

• CPSM Certification
• Working knowledge of SAP

So why join us?

At Southco our employees are at the heart of what we do, we're a family and strive to maintain our culture. By joining us you will benefit by:

• Annual Bonus - 5% of base salary (performance dependent)
• Globally competitive compensation
• Pension match up to 10%
• Life assurance 4x Base salary
• Wellness initiatives

Why Southco?

With over 70 years of engineering excellence and more than 3000 employees in 20 countries, Southco is a global leader for the manufacturing of engineered access solutions, products that you and thousands of others interact with every day. Our products form what we call "touch points", such as locks, latches, fasteners, hinges, handles and many other products that serve virtually hundreds of industries worldwide.

Southco employees enjoy an excellent work/life balance, globally competitive compensation, and global and local connections with colleagues from around world who share the same vision and passion. Being part of the Southco family means being part of a success story that spans for almost a century and is still being written by people just like you today.