Purchaser

Salary: £32,148 per annum
Working hours: 37.5 hours per week
Location: Bicester (hybrid working option available)
Contract: Permanent

Are you an experienced Purchaser looking for the next step in your career? Equation Recruitment have the opportunity for you. We are currently looking for someone who can be the perfect asset in our client's brilliant and successful team. This is an opportunity you can't ignore!

Duties and Responsibilities:

* Work with Production and Commercial to understand their medium- and long-term requirements.
* Complete purchase orders as required.
* Update purchasing records and provide reports and metrics as required.
* Use the Medium Long-Term Planning (MLTP) forecast of upcoming requirements to ensure that components are available to fulfil requirements.
* Closely monitor stock levels to ensure the needs of the operations department are met without over purchasing stock.
* Balance stock holding with target total stock value and committed purchases.
* Look for and identify opportunities for cost reductions on stock.
* Keep lead times updates in line with actual lead times provided from suppliers.
* Understand how costings affect the business and ensure that standard costings accurately reflect the actual costings.
* Build effective supplier relationships and support to develop these further by assisting on supplier review visits and attending exhibitions.
* Proactively expedite suppliers for updates on orders, looking at overdue orders plus those that are due in within the coming week.
* Identify and inform of any supplier poor performance issues or any other supplier concerns.
* Work with suppliers to source and negotiate parts in line with specified cost, quality, and delivery targets.
* Work with suppliers to rectify damaged and defective goods.


What you need:

* Can communicate information concisely to internal stakeholders regarding late delivery of components, understands the related commercial implications, and offers mitigation strategies where possible.
* Challenging current procedures to identify new ways of working to improve effectiveness. Also ensure that processes and internal systems are compliant.
* Able to identify threats and takes appropriate action before problems arise. Forward planner to ensure supplies arrive sufficiently in advance of need.
* Able to build and maintain effective supplier relationships, and support in developing these further by attending exhibitions and assisting supplier visits.
* Experience converting sales demand and forecast information into a planned ordering/delivery schedule.
* Understands how bill of materials and subassemblies work to build electronics-based products.
* Comfortable dealing with suppliers to negotiate price breaks, including placing purchase contracts and call-off orders. Holds suppliers accountable for delivering on time and in full. Are comfortable following up late deliveries.

Company Benefits:

* Eligible for a discretionary profit share bonus which will be at the absolute discretion of the Company and if applicable the employee will be notified in writing.
* Hybrid working opportunity.
* 27 days annual leave allowance plus bank holidays.
* Work-place pension.
* Group Income Protection Insurance scheme.
* Death in service scheme.

Please note that this job description is not exhaustive of all required duties and may be subject to change.

If this sounds like the role for you, we would love to receive your CV. Apply now!

For live job updates direct to your newsfeed 'follow' our Facebook page at Equation Recruitment. Alternatively, visit www.equationrecruitment.com Equation Recruitment are an equal opportunities employer that operates as an employment agency for permanent recruitment and as an employment business for temporary recruitment. Replying to this advert means that you provide us with authorisation to add you to our database for us to match and contact you for suitable vacancies.