Strategic Sourcing Specialist

TN United Kingdom; Bridgend; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading packaging supplier is seeking an experienced Strategic Procurement Specialist to enhance their team. The role involves developing sourcing strategies, engaging suppliers globally, and ensuring cost-effectiveness while adhering to sustainability practices. Ideal candidates will have a strong background in procurement within a manufacturing environment, excellent negotiation skills, and a collaborative approach to stakeholder engagement.

Qualifications

• Proven experience in strategic sourcing, procurement, or supply chain management.
• Project management experience with ability to manage multiple tasks.
• Experience in sustainable packaging and knowledge of eco-friendly materials.

Responsibilities

• Conduct thorough market research to identify potential suppliers.
• Negotiate contracts and pricing with suppliers.
• Manage sourcing projects, timelines, and budgets effectively.

Skills

Negotiation

Communication

Analytical mindset

Problem-solving

Education

Bachelor’s degree in supply chain management

Business Administration

Tools

Sourcing and procurement software

Microsoft Office Suite

ERP/MRP

Job description

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Your newpany

Your newpany is a market-leading and international supplier of packaging, renowned for innovation, quality, and service. As they continue with their ambitious growth plans, they are now seeking a like-minded individual to support and enhance their team on an exciting journey. They currently have an opening for an experienced Strategic Procurement Specialist.

The Strategic Procurement Specialist is responsible for developing and implementing sourcing strategies that align with the organisation’s goals. This role involves identifying, evaluating, and engaging suppliers globally to procure goods and services efficiently while ensuring cost-effectiveness, quality, and compliance with regulations. The ideal candidate will have a proven record of leading new business projects, demonstrating the ability to drive innovation and achieve strategic objectives.

Your new role

1. Supplier Research and Evaluation - Conduct thorough market research to identify potential suppliers and assess their capabilities, reliability, and pricing, with attention to market trends and demographics.
2. Negotiation - Negotiate contracts, pricing, and terms with suppliers to secure favourable agreements that align with business objectives.
3. Cost Analysis and Optimisation - Analyse total cost of ownership and market trends to identify cost-effective sourcing opportunities and drive savings initiatives with emphasis on sustainability.
4. Project Management - Identify, plan, organise, and execute sourcing projects, managing timelines, budgets, and resources effectively to ensure successful outcomes.
5. Global Sourcing Expertise - Leverage global sourcing experience to diversify supplier bases, navigate international markets, and optimise sourcing strategies across regions.
6. Risk Management - Identify and assess risks associated with sourcing activities, developing strategies to mitigate disruptions in the supply chain.
7. Collaboration and Stakeholder Engagement - Work closely with cross-functional teams, including finance, operations, sales, and product development, to align sourcing strategies with organisational goals.
8. Sustainability and Ethical Sourcing - Ensure suppliers have established sustainable and ethical sourcing practices compliant with environmental and labour standards.

What you'll need to succeed

• Proven experience in strategic sourcing, procurement, or supply chain management within a manufacturing environment.
• Strong negotiation and communication skills, with the ability to engage suppliers and stakeholders effectively.
• Project management experience, with the ability to manage multiple tasks and projects simultaneously.
• Knowledge of global sourcing practices, trade regulations, and compliance requirements.
• Analytical mindset with strong problem-solving skills.
• Proficient in sourcing and procurement software, as well as Microsoft Office Suite.
• Proficient in ERP/MRP.
• Bachelor’s degree in supply chain management, Business Administration, or a related field.
• Experience in sustainable packaging and knowledge of eco-friendly materials and practices.
• Previous experience in a fast-paced manufacturing environment.
• Demonstrates a good sense of priorities, structures workload effectively, and delivers consistently good results.
• Attention to detail across all aspects of the role.
• Flexible & adaptable to the changing requirements of the business.
• Ability to meet deadlines and work under time pressures.