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Strategic Sourcing Manager

  • Location: Lancashire
  • Salary: Up to £55000 per annum + Bonus per year

Posted about 1 year ago

  • Sector: CPG
  • Contact: Leah Ross
  • Contact Email: LeahRoss@betterplaced.com
  • Expiry Date: 12 April 2023
  • Job Ref: 51904_1678725163

I am delighted to be recruiting for a very well known name in DIY.

An opportunity to join a growing brand with all the benefits of a small company, including recognition, flexible working and a great community feel.

Alongside this, this international brand brings the benefits of a big company, with stability, financial strength and international collaboration.

This position includes the research and evaluation of new sources of supply for the purchase of existing and newly developed products/materials. This includes the review of suppliers' quotes and service information, placing purchase orders, managing returns, and ensuring PO terms are met.

The Strategic Sourcing Manger will co-ordinate with the Research & Development and Brand Management functions of the company. In addition, the Strategic Sourcing Manager will be required to maintain purchase orders and inbound supply on newly launched or strategic products/materials for daily operations.

The Strategic Sourcing Manager will be a results oriented technical professional to be responsible for driving and monitoring product development projects across a range of complexity. This person will work closely with Marketing and other parts of the business to bring concepts to life.

  • Act as an internal technical expert to support EU cross-functional team and collaborate effectively with global R&D and Supply Chain teams
  • Develop relationships/partnerships within the industry to stay on top of new technologies and translate them into new product concepts.
  • Partner with Regulatory and Quality groups to:
  • Define appropriate claims for products and develop the required substantiation
  • Ensure labeling complies with local regulatory, safety and commercial guidelines
  • Develop product and formula specifications, test methods, standard operating procedures, and other controlled documents as required.
  • Evaluate existing products to ensure quality levels are maintained, as well as explore continuous improvement opportunities.
  • Understand cost structures and pricing on all product lines and link to Global Cost Savings program to drive out unnecessary costs.
  • Maintain Knowledge base on top competitive product performance aligned with POS data in all product categories.

Duties:

Identification / Qualification of New Sources of Supply

o Works in conjunction with R&D and Quality resources for new products.

o Jointly responsible for vendor audit and qualification (business risk assessment).

o Responsible for commercial terms negotiation regarding new supply contract.

o Key contact point for vendor regarding supply issues during first year of product launch.

o Identifies and evaluates alternate sources of supply for existing product/materials.

o Responsible for tactical procurement of product/materials during initial 6-12months following launch.

Includes responsibility for successful transition to Tactical Buyer at the end of this period.

o Responsible for ongoing tactical procurement of key, strategic commodities.

Communicate

o Cross functional communication is key for success in this role.

o Requires effective communication in a team environment.

o Internal customers include: R&D, Marketing, Quality, Engineering, S&OP, Supply Chain, Manufacturing, and Finance

Qualifications:

Education:

  • BA or equivalent experience

Experience: Strategic sourcing experience, within an FMCG business a necessity