1.
ROLE STATEMENT
The Procurement & Inventory Manager is responsible for overseeing the organisation’s purchasing strategy, supplier relationships, stock control processes, and inventory accuracy. This role ensures materials and products are sourced cost-effectively, inventory levels are optimised, and supply chain risks are proactively managed. The position works closely with operations, finance, and logistics teams to support seamless business continuity and operational efficiency.
2.
MAIN RESPONSIBLITIES
- Develop and execute procurement strategies that deliver cost savings, quality improvements, and supplier reliability aligned with business objectives.
- Lead supplier selection, negotiation, and contract management processes where applicable.
- Conduct regular market and price analysis to identify risks, opportunities, and alternative sourcing options.
- Ensure compliance with UK procurement regulations, company policies, and ethical standards
- Build and maintain strong supplier relationships and performance scorecards.
- Manage purchase orders from creation through to delivery, ensuring accuracy, timeliness, and value for money.
- Implement and maintain effective inventory control systems, including regular stock counts, cycle checks, and root-cause analysis for discrepancies.
- Analyse inventory data including ongoing BOM reviews to identify slow-moving, obsolete, or high-risk stock and propose corrective actions.
- Ensure accurate real-time stock visibility across all company locations.
- Work with finance teams to forecast and monitor procurement budgets and stock valuations
- Identify and implement cost-reduction initiatives without compromising quality or service levels
- Report key KPIs such as stock accuracy, supplier performance, procurement savings, and inventory turnover
- Lead continuous improvement initiatives across procurement and stock management processes
3.
KNOWLEDGE, SKILLS, EXPERIENCE & REQUIREMENTS
Significant experience in supply chain, inventory management or procurement within an engineering or manufacturing environment
CIPS level 4 qualification minimum
Strong understanding of ERP/MRP systems
Experience managing suppliers and inventory in a complex manufacturing operation
Proven leadership and team management experience
Strong analytical, problem-solving, and decision-making skills
Excellent communication (both written and verbal) & a team player
Full driving license
4.
KEY MEASURES
On-time supplier delivery (OTD)
Supplier quality performance
Inventory accuracy
Inventory value and working capital reduction
Cost savings achieved
Pay: £50,000.00-£60,000.00 per year
Benefits:
- Company pension
- Cycle to work scheme
- Free parking
- Life insurance
- On-site parking
Ability to commute/relocate:
- Portlethen AB12 4RL: reliably commute or plan to relocate before starting work (required)
Experience:
- CIPS Level 4 Diploma in Procurement and Supply: 5 years (required)
- procurement, inventory, or supply chain management role: 5 years (required)
Work Location: In person
