Company Overview
Qioptiq designs and manufactures market leading Optronic solutions for Defense & Aerospace applications. Key markets include head up displays for commercial airliners, helmet mounted displays for 4th & 5th generation fast jet platforms, night vision for the dismounted soldier, and advanced electro-optics for airborne, maritime and vehicle platforms. Our diverse product range are enabled by the development and application of innovative technologies and engineering solutions. To further expand our portfolio Qioptiq is seeking an exceptional individual to develop and deliver our next-generation products and technologies.
Job Outline:
The job holder is responsible for the delivery of the procurement plan for the business. This will be heavily influenced by the Procurement Director and/or Operations Director. Responsible for a budget spend of £40M.
Key Responsibilities:
- Develop, lead and execute purchasing strategies
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Craft negotiation strategies and close deals with optimal terms
- Partner with stakeholders to ensure clear requirements documentation
- Forecast price and market trends to identify changes of balance in buyer-supplier power
- Perform cost and scenario analysis, and benchmarking
- Assess, manage and mitigate risks
- Seek and partner with reliable vendors and suppliers
- Determine quantity and timing of deliveries
- Monitor and forecast upcoming levels of demand
- Propose improvements to the current purchasing system that will improve vendor relationships and improve margin
- Collaborate with inventory control and sales to develop metrics for gauging inventory level needs, maintaining those levels
- Take the lead in creating profitable ways to manage obsolete and slow-moving stock to help offset losses
- Manage the company’s day-to-day purchasing activities and ensure that all purchasing agents are meeting their personal performance standards
- Assist in developing more effective invoicing and collecting processes
Personal Specification:
As a minimum we are seeking candidates with a CIPS Level 5 who have had at least 3 years’ experience managing a procurement team.
Ideal candidates will be comfortable managing a team whilst also having responsibility for a key commodity within the procurement team.
Candidates will have a team and customer service focus, with the ability to work in a fast-paced, results-oriented, and continually changing environment. Additionally full proficiency in Microsoft Office (Word, Excel, and Powerpoint. With knowledge or prior training of Toyota Production System (TPS) as a desirable skill.
Benefits:
- Canteen
- Company pension
- Cycle to work scheme
- Employee stock purchase plan
- Free parking
- Life insurance
- On-site parking
- Private medical insurance
- Sick pay
Work Location: In person
