Strategic Global Procurement Lead

NewMarket

Bracknell

On-site

GBP 55,000 - 75,000

Full time

4 days ago
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Job summary

NewMarket is seeking an experienced procurement professional to develop and manage supplier relationships, optimize terms, and implement contracts across a global sourcing network. You will collaborate with planning, manufacturing and R&D to align pricing, supply and quality with business objectives.

The role emphasizes market intelligence, data-driven forecasting, and governance of changes through formal processes to ensure continuity and value creation for the organization.

Responsibilities

  • Develop and manage supplier relationships to negotiate and maintain price and supply conditions ensuring commercial terms are optimized, supply maintained, contracts implemented and managed as appropriate.
  • SAP pricing, material transfers and forecasting data are maintained in alignment with Planning and Logistics team.
  • Develop an understanding of the market for raw materials, products and services purchased and identify factors influencing availability and pricing (know the buy) ensuring that significant market changes are anticipated, managed and communicated.
  • Activities supported by enhanced Power BI-based COGS tracking and analytics to improve cost visibility and decision-making.
  • Identify and support qualification of new suppliers, contract manufacturers and toll manufacturers, including site visits to assess operational, EHS, ESG, and quality standards.
  • Partner with suppliers to identify new sourcing opportunities, technologies, and cost-effective solutions that support Afton and NewMarket business objectives, including Capex and strategic growth initiatives.
  • Prepare, maintain and communicate long term sourcing strategies to support the Long Range Plan (LRP) both within region and at a global level as appropriate to ensure raw material, products and services availability and economics are communicated to and support the needs of the business.
  • Develop and maintain forecasts (volume and price) for use with suppliers and for communication within Afton including the Annual Operating Plan (AOP) process, leveraging internal digital tools to improve forecast accuracy.
  • Monitor quality and consistency of raw materials, products and services used via the Spec Manager, VNCS (Non-conformance system) and Vendor Assessment - together as Supplier Care System, to record quality issues/resolutions.
  • Collaborate with other Afton/ NewMarket Services purchasing team members on a regional and global basis to identify synergies that will ensure maximization of strategic purchasing and supply network optimization initiatives.
  • Ensure business continuity through strategies including MoC (Management of Change) tracking and governance via Accolade platform.
  • Consult with Business Group, R&D, Manufacturing and Process Technology to provide information regarding competitive challenges, potential entrants, pricing initiatives and quality, service, price and distribution issues, all supported by robust data analytics.
  • Demonstrate, lead and encourage best practice within the procurement process; vendor selection, specifications, tender & negotiation process/policy, business award, contracts implementation and maintenance etc.

Job description

NewMarket is seeking an experienced procurement professional to develop and manage supplier relationships, optimize terms, and implement contracts across a global sourcing network. You will collaborate with planning, manufacturing and R&D to align pricing, supply and quality with business objectives.

The role emphasizes market intelligence, data-driven forecasting, and governance of changes through formal processes to ensure continuity and value creation for the organization.

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