Global Sourcing Manager

Procurement Heads

Procurement Heads is working on a retained mandate for a Global Sourcing Manager with a global manufacturing organisation.

Procurement Heads is working on a retained mandate for a Global Sourcing Manager with a global manufacturing organisation.

The Global Sourcing Manager will lead the procurement efforts for packaging, plastics, and mechanical components on a global scale with responsibility for developing and implementing strategic sourcing initiatives, negotiating contracts, and optimizing the supply chain for efficiency and cost-effectiveness.

Key Responsibilities:

Global Sourcing Strategy:

• Develop and execute a comprehensive global sourcing strategy for packaging, plastics, and mechanical components.
• Identify and evaluate potential suppliers, ensuring a robust and diversified supply chain.
• Develop and execute commodity strategies for our key components, in line with business strategy
• New Product Development
• Identify, evaluate and select the optimal supplier base to support on-time, on-cost and quality input to our new products
• Cooperate with suppliers and the R&D team to make use of supplier expertise early in the development process

Supplier Base Management:

• Cultivate and maintain strong relationships with key suppliers.
• Negotiate contracts and terms and conditions to achieve favourable agreements in terms of quality, cost, and delivery
• Drive continuous improvement by optimizing supplier performance; and proactively making use of the company’s supplier rating system

Cost Optimisation:

• Implement cost-effective measures to optimise the procurement process without compromising product quality.
• Conduct regular cost analysis and identify opportunities for cost reduction.
• Identify and drive cost-improvement projects across the value chain

Quality Assurance:

• Collaborate with suppliers and the quality department to establish and maintain high-quality standards.
• Implement quality control measures and conduct regular supplier audits.

Supply Chain Efficiency:

• Streamline and enhance the efficiency of the supply chain; cooperating with our procurement department to ensure the timely delivery of materials
• Work closely with cross-functional teams to align sourcing strategies with production requirements

Market Research:

• Stay informed about market trends, industry developments, and regulatory changes related to packaging, plastics, and mechanical components.

Skills & Experience

• Substantial proven experience of at least 8-10 years in global sourcing and purchasing, specifically in the areas of packaging, plastics and mechanical components.
• Proven strong negotiation and contract management skills
• Knowledge of processing methods, tooling requirements and costings
• In-depth knowledge of international trade regulations and logistics
• Proven track record of having delivered cost-down strategies
• Experience with ERP systems and procurement software
• Proven track record in managing a global supplier base, preferably in electronics and/or medical appliances

Salary & Benefits

• £65,000 per annum
• Personal Targeted Bonus
• Pension, H/C and flexible benefits