Sourcing Lead

MERITUS are recruiting for a Sourcing Lead to join our defence client in an initial 6 month contract from their site in Stevenage - PLEASE NOTE You MUST have CIPS experience in a similar procurement role.

SOURCING LEAD - INSIDE IR35 - £58 / £62 PER HOUR - STEVENAGE (ONSITE - 3 DAYS A WEEK) - 6 MONTHS - UNDERGO SC CLEARANCE - SINGLE STAGE INTERVIEW PROCESS (F2F) - SECTOR:
Defence

PURPOSE:

To lead and support the procurement and sourcing activities of the Mechanical Structures domain, to be the lead and focal point for a number of RFx events. Working with the Category Manager, Supply Chain Manager and the key stakeholders to drive procurement excellence, implementing new suppliers to future proof the client's supply chain and to secure the ramp up today

Key responsibilities:

Sourcing:
Produce and lead sourcing activities in line with category and domain strategy, ensuring procurement best practice is followed, in line with our client's policy.
Lead and support activities to increase our client'sour client's supply chain
Be able to undertake the prerequisite research, i.e. spend analysis, segmentation, future analysis, market analysis
Be proficient in utilising procurement tools (Kraljic, Porters, etc.)
Be able to present the sourcing outcome to senior stakeholders and justify decisions/outcome of sourcing activities, demonstrating how risks have been mitigated
Jointly lead supplier development activities with Supply Chain Managers, complimenting their technical excellence as a commercial lead

Contract Development & Negotiations:
Have an understanding of English contract Law
Be able to interpret commercial discussions from a supplier to ensure the best commercial position for our client's is implemented.
Draft and implement the relevant commercial agreement for the situation
Lead in defining negotiation strategies
Identify and implement specific planned saving initiatives
Risk Management
Identify supplier risks
Manage in line with company processes and procedures
Present risks mitigation plans to obtain sponsorship from across the business.
Change Management
Ensure onboarding of suppliers is undertaken with the handover period from existing suppliers to new is managed alongside the Multi-Functional Team
Support Procurement Transversal improvement initiatives

Skillset/experience required:

Able to work in a team and lead complex procurement discussions
CIPS qualified or equivalent experience
Experience in running complex RFx
Product Lifecycle Awareness:
Solid understanding of how sourcing strategies shift across the product lifecycle (NPI, Low-Rate Initial Production, Full-Rate Ramp Up, and Legacy/Sustainment).
Data & Cost Architecture:
Ability to analyse open-book cost models, machine/load-centre rates, and buy-to-fly ratios to drive Total Cost of Ownership (TCO) reductions