Procurement Officer

Company:  CV-Library
Location: London
Closing Date: 15/10/2024
Salary: £35,000 - £40,000 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
PROCUREMENT OFFICER - HAMPTON - £35K TO £40K My client is a global manufacturer and they are looking for a procurement officer ideally with engineering or manufacturing experience. This role will report into the Supply Chain Manager, the Procurement Officer will be responsible for managing and coordinating the purchasing of goods and services for the company, ensuring that supplies are obtained at the best price, quality, and delivery time. This role involves developing and maintaining supplier relationships, negotiating contracts, and ensuring compliance with company policies and regulations. My client offers fantastic benefits such as 25 days holiday plus BHs, very generous pension scheme, BUPA health scheme and free onsite parking. Responsibilities: * Procurement & Supplier Management: Source, evaluate, and select suppliers based on quality, price, and delivery capabilities. Manage and maintain effective supplier relationships to ensure the timely supply of goods and services. * Contract Negotiation: Negotiate contracts, terms, and pricing with suppliers, ensuring the best possible deals while maintaining quality and service standards. * Purchase Orders: Create and process purchase orders in line with organizational policies and budget guidelines, ensuring timely and accurate order placement. * Cost Control & Data Analysis: Use MS Excel to manage, analyse, and track procurement data, including conducting price comparisons, cost analysis, and trend tracking to optimize purchasing decisions and improve cost efficiency. * Vendor Performance: Monitor supplier performance, including on-time delivery and product quality, and take corrective actions when necessary. * Market Research: Conduct market research to identify potential suppliers and trends in the industry that could impact procurement activities. * Inventory Management: Work closely with the planning team to ensure adequate supply levels and prevent stock shortages or overstocking. * Compliance: Ensure compliance with relevant procurement laws, regulations, and company policies, including ethical procurement practices. * Documentation & Reporting: Maintain accurate records of procurement activities, contracts, and transactions. Prepare reports and analyse procurement data for insights and improvements. * Cross-functional Collaboration: Collaborate with internal teams (finance, logistics, production) to understand their procurement needs and align purchasing strategies accordingly. Skills & Requirements: * 2 to 5 years of experience in procurement, purchasing, or supply chain management. * Strong negotiation and communication skills. * Excellent organizational and time-management abilities. * Advanced proficiency in MS Excel (e.g., formulas, pivot tables, data analysis). * Ability to manage and analyse procurement data, including conducting price comparisons and cost analysis. * Proficiency in procurement software and tools (e.g., ERP systems). * Analytical mindset with attention to detail. * Ability to build and maintain strong supplier relationships. * Knowledge of procurement regulations and industry best practices. This could be the job for you if you are self-motivated with a can-do attitude and have Certification in Procurement (e.g., CIPS, CPSM) plus experience with the INFOR M3 ERP system is a very strong advantage
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