Procurement Manager

Company:  CV-Library
Location: London
Closing Date: 25/10/2024
Salary: £45,000 - £55,000 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job Summary: We are seeking a highly skilled Electrical Procurement Manager to join our dynamic team. In this role, you will be responsible for managing the procurement of electrical components and systems, ensuring that we source high-quality materials at competitive prices. You will work closely with engineering, project management, and suppliers to optimise procurement processes, negotiate contracts, and maintain relationships with key vendors. Key Responsibilities: * Procurement Strategy: Develop and implement effective procurement strategies for electrical components to meet project timelines and budget requirements. * Supplier Management: Identify, evaluate, and negotiate with suppliers to secure favourable terms, pricing, and delivery schedules. * Cost Analysis: Conduct market analysis to understand pricing trends and assess the total cost of ownership for electrical materials. * Inventory Management: Monitor inventory levels and coordinate with the supply chain team to ensure adequate stock availability while minimizing excess inventory. * Collaboration: Collaborate with engineering and project teams to understand technical specifications and requirements for electrical components. * Quality Assurance: Ensure that all procured materials meet quality standards and comply with industry regulations. * Contract Management: Oversee contract negotiations and manage supplier contracts to ensure compliance and performance. * Reporting: Prepare and present procurement reports to senior management, including savings achieved and vendor performance metrics. Qualifications: * Bachelor’s degree in electrical engineering ideal but not essential, Supply Chain Management, or a related field, or someone with at least 5 years supervisory experience in the electrical procurement field. * Minimum of 5 years of experience in procurement, with a focus on electrical components or systems. * Strong negotiation skills and experience in vendor management. * Excellent analytical skills, with the ability to assess and interpret data. * Proficient in procurement software and tools, as well as Microsoft Office Suite. * Strong communication and interpersonal skills to work effectively with internal teams and suppliers. * Knowledge of relevant regulations and standards in the electrical industry is a plus. Benefits: * Competitive salary and performance-based bonuses. * Retirement savings plan with company match. * Professional development and training opportunities. * Remote work option available for a day a week
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