Job Description
About VPK UK Ltd:
At VPK UK Ltd, we pride ourselves on delivering high-quality and sustainable packaging solutions. We are seeking a highly motivated and experienced Procurement Specialist to join our dynamic team. This role is integral to ensuring the efficient and effective procurement of materials and services that meet the business's quality and cost requirements.
Key Responsibilities:
* Provide a comprehensive Procurement Service to business stakeholders for assigned categories.
* Execute strategic sourcing initiatives, using market research and cost analysis to identify and contract with the best suppliers.
* Manage ongoing supplier relationships to ensure supply assurance, quality, and adherence to specifications.
* Engage with internal customers to understand business needs and expected outcomes.
* Conduct spend analysis to identify sourcing and negotiation opportunities, and perform supplier segmentation classification.
* Develop and deliver an annual strategic sourcing plan and benefits/initiatives, managing key stakeholders.
* Plan and execute supplier negotiations and new sourcing initiatives in line with supplier segmentation and delegated authorities.
* Ensure documentation, including contracts, SLAs, and price agreements, is properly captured.
* Set cost standards to support budgeting and Purchase Price Variance (PPV) analysis.
* Represent the Procurement function at relevant meetings, focusing on achieving lowest total cost/whole life cost outcomes.
* Undertake market research for assigned categories, demonstrating a deep understanding of cost drivers, key materials, and supplier industries.
* Manage supplier performance, delivering scorecards and fostering continuous improvement.
* Expedite and resolve delivery or service issues, collaborating with administration teams as needed.
* Ensure compliance with company policies, SOPs, and work instructions.
* Lead cross-functional projects and initiatives as directed.
Key Qualifications and Skills:
* Degree (or equivalent) qualified in suitable Business discipline
* CIPS qualified or working towards
* Strategic sourcing experience
* Negotiation plan development and execution
* Market research for supply market analysis and ‘should cost’
* RFx, e-auction experience desirable
* Influencing, persuasion skills with internal stakeholders and supply base
* Good Word and Powerpoint skills, and excellent Excel skills
Benefits:
* Competitive salary and benefits package.
* Hybrid working (around 2 days in the office per week).
* Opportunity to work in a collaborative and innovative environment.
* Career development and progression opportunities