Procurement Sourcing Strategy and Projects Lead

Location: Waterbeach

Purpose
Leading Procurement Sourcing Strategy and Projects, you will be the custodian for creating, managing and governing strategic supplier sourcing and contracting plans, on behalf of the function. Working closely with key functional stakeholders, you will assume accountability for carrying out market and supplier analysis, commodity and supplier segmentation, supplier feasibility studies and supplier assessments, to aid in evolving, governing and deploying the sourcing strategy and relevant contracts.
Aligning supplier sourcing strategy to the needs of the business will be critical, accounting for complexities in differing technical and economical operating environments of OEM Production (ACS UK / Sister company “Fesher”) and Aftermarket (ACS UK). This is against a backdrop of balancing supplier cost, lead-time, quality, reliability and responsiveness performance measures, across a varied range of commodities and in challenging OEM NPI settings, whereby supplier inclusion into design for manufacture (DFMA) is essential.
In support of strategic supplier sourcing activities, the role will set the standards for, and govern, the Strategic Sourcing Board on behalf of the function, as well as maintaining and governing supplier contracting plans, collaborating with Procurement Buyers to support and assist in contract adherence and deployment.
In addition, the role will lead and own the Procurement digital strategy, project managing various continuous improvement initiatives aimed at enhancing cross-functional collaboration and / or enhancing functional capacity, through removing waste and increasing efficiency in key functional processes.

Key Responsibilities

· Utilise tools and methods to analyse, critique and segment the current supplier base into strategic categories (eg. Grow, Maintain, Exit, etc.)

· Collaborate with key stakeholders to assess potential suppliers based on various technical and commercial criteria (eg. pricing, quality, lead-time, etc.) and Total Cost of Acquisition (TCA)

· Analyse purchasing spend, cost data, market research and supplier performance, to identify trends and opportunities for supplier sourcing initiatives

· Create and develop supplier sourcing strategies that are shaped and aligned to the needs and requirements of the business / group, in key operating environments (OEM NPI, OEM Production, Aftermarket)

· Regularly review and adapt the sourcing strategy through capturing and integrating changing market conditions and new business requirements

· Provide oversight on supplier selection through co-ordinating and governing the Strategic Sourcing Board process (for RFI, RFQ and Contract Award), with a focus on sourcing, evaluation (against commercial and technical criteria) and down-selection of suppliers

· Prepare data and reports on contract / sourcing activities to inform management decision making and status updates

· Create and develop robust supplier contracts and support supplier negotiations, with a focus on protecting the business, supporting operational delivery and reducing commercial risk

· Provide guidance on supplier agreements, pricing structures and contractual matters

· Management of a supplier contract database, tracking contract expiry dates and scheduling RFQ

· activities

· Drive supplier integration in the NPI lifecycle, with inclusion in key NPI milestones (eg. DFMA).

· Identify opportunities for efficiencies and measurable cost savings / avoidance in the supply chain

· Create and leverage a Procurement digital strategy through leading and project managing continuous improvement initiatives to enhance collaboration and / or functional capacity
 
* Adhere to internal and external compliance / governance requirements
Key Performance Measures

· Availability of sourcing strategy and contracting plans

· Contracting adherence % to planned schedule

· Contracting ratio vs spend

· Cost savings through contracting (target vs actual)

· Blanket vs discrete P/O ratio (spend)

· Completion of functional projects to cost, quality and delivery requirements
Knowledge, Education, Skills and Experience
Knowledge:

· Strong working knowledge of supplier sourcing and Procurement principles

·…