As a Supply Chain Specialist, you will play a crucial role in managing our supplier relationships, sourcing products, negotiating, and optimising our purchasing processes. Your expertise in supply chain management will be essential in ensuring the efficiency, reliability, and cost-effectiveness of our supply chain operations. You will work closely with internal stakeholders and external suppliers to drive strategic initiatives and achieve our product objectives.
Key Responsibilities:
1. Supplier Management: - Identify, evaluate, and onboard new suppliers to expand our supplier base and mitigate supply chain risks. - Cultivate strong relationships with existing suppliers and manage ongoing supplier performance through regular communication and performance reviews.
2. Negotiation: - Negotiate pricing, terms, and contracts with suppliers to achieve cost savings, quality improvements, and favourable payment terms. - Collaborate with legal and finance teams to finalise supplier agreements and ensure compliance with company policies and regulations.
3. Product & Supplier Sourcing: - Conduct market research and analysis to identify potential suppliers, products, and sourcing opportunities that align with our business needs and objectives. - Collaborate with cross-functional teams to define product specifications and sourcing requirements, and proactively seek out suppliers capable of meeting those requirements.
4. Purchasing & Procurement: - Develop and implement a comprehensive sourcing strategy aligned with business goals, market trends, and supplier capabilities. - Continuously evaluate and optimise sourcing processes to improve efficiency, reduce costs, and enhance supply chain resilience.
5. Cost of Goods Sold (COGS) Management: - Analyse cost drivers and factors affecting the cost of goods sold, including raw material prices, labour costs, transportation costs, and overhead expenses. - Collaborate with finance and accounting teams to track, forecast, and manage COGS, and identify opportunities for cost reduction and cost optimisation.
Qualifications -
- Proven experience in supply chain management, purchasing, or procurement roles, preferably in a manufacturing or retail environment.
- Strong negotiation skills with a track record of achieving cost savings and favourable terms in supplier contracts.
- Excellent analytical and problem-solving abilities, with the ability to analyse data, identify trends, and make data-driven decisions.
- Proficiency in supply chain management software and tools (e.g., ERP systems, supplier portals, etc.).
- Strong communication and interpersonal skills, with the ability to build and maintain effective relationships with internal stakeholders and external suppliers.
Preferred Skills:
- Experience in supplier relationship management and performance measurement.
- Knowledge of sourcing strategies, including global sourcing, strategic sourcing, and supplier diversification.
- Familiarity with cost analysis techniques and methodologies.
- Previous experience in implementing supply chain optimisation initiatives and process improvements.
- Certification in supply chain management is a plus.
- Written and spoken Mandarin, Chinese is a plus. Additional Information:
Salary - Up to £45,000 per annum dependent on Experience
Hybrid Working after Probation
Annual bonus: Up to 10%, discretionary, based on company and individual performance.
Annual leave: 30 days including bank holidays