Procurement Manager

WH Finance Ltd; Runcorn; On-site; GBP 80,000 - 100,000; Full time

Job summary

A market leading specialist engineering business in the UK seeks a skilled Procurement Manager. The role focuses on developing procurement strategies, negotiating advantageous contracts, and managing supplier relationships to drive cost reductions and enhance margins. The ideal candidate will have strong negotiation skills and experience in strategic sourcing. This position is pivotal in aligning procurement activities with business objectives.

Qualifications

• Strong negotiation skills
• Experience in developing procurement strategies
• Ability to manage supplier relationships effectively

Responsibilities

• Develop and manage procurement strategies aligning with business objectives.
• Negotiate contracts and manage supplier agreements for optimal value.
• Monitor and evaluate supplier performance against KPIs.
• Oversee procure-to-pay process and ensure compliance with procurement policies.

Job description

Our client is a market leading specialist engineering business and they are now looking to recruit a highly skilled and strategic Procurement Manager with strong negotiation skills and a clear focus on cost reductions and overall margin enhancement.

Key Responsibilities

• Strategy & Sourcing:
  • Develop, implement, and manage comprehensive procurement strategies, policies, and procedures that align with overall business objectives.
  • Conduct market research and analysis to identify potential suppliers, market trends, and sourcing opportunities.
  • Lead the end-to-end strategic sourcing process.
  • Identify and implement cost-saving opportunities and demand management initiatives without compromising quality or supply security.
• Contract Management & Negotiation:
  • Negotiate and agree on advantageous contract terms, pricing, and service level agreements (SLAs) with suppliers to secure the best value for money.
  • Draft, review, and manage contracts, ensuring compliance with legal and organisational requirements.
  • Perform value-for-money reviews of existing contracts and renegotiate terms as needed.
• Supplier Relationship Management (SRM):
  • Monitor and evaluate supplier performance (quality, delivery, compliance, service) against agreed-upon KPIs and contracts.
  • Address and resolve issues and disputes related to goods, services, or contractual obligations effectively.
• Operations & Compliance:
  • Oversee the procure-to-pay process, including the management of purchase orders, ensuring accuracy and timely delivery.
  • Manage procurement budgets and track key functional metrics (KPIs) to report on spending, savings, and performance.
  • Ensure all procurement activities adhere to company policies, legal regulations, ethical standards, and risk management guidelines.
  • Collaborate with internal stakeholders (e.g., Finance, Legal, Operations) to forecast demand and align procurement activities with business needs.