Indirect Contracts Specialist

at  HQW Aerospace

Job Advert
Job Title: Indirect Contracts Specialist
Location: Plymouth (PL6 7LH), onsite role
Reporting to: Head of Purchasing
Job Type: Full time, Permanent
HQW Aerospace is a world-renowned manufacturer of super precision bearings, pushing the boundaries of innovation and precision engineering for over 75 years. We’re committed to nurturing talent. Situated in the vibrant city of Plymouth, surrounded by the picturesque landscapes of Cornwall, we offer not only a stimulating work environment but also a lifestyle that blends work with leisure seamlessly. With stunning beaches, vibrant culinary scenes, and a plethora of social and sporting activities, Plymouth and its surroundings provide an exceptional backdrop for both personal and professional growth.
We foster a culture of innovation, collaboration, and excellence. If you’re an Engineering Graduate ready to embark on an exciting career journey in precision engineering, we want to hear from you!

JOB DESCRIPTION:

Ensure minimal indirect spend and inventory as well as best on time delivery for indirect goods and services. Secure the best value for money v service deals for the company.

EDUCATION:

• A Batchelors Degree, or higher, in Business, Supply Chain Management, Law or a related field.
• CIPS level 5 or higher desired.

KNOWLEDGE

• Experience in indirect procurement in manufacturing environment.
• Experience with drafting and negotiating contracts.
• Experience leading complex cross-functional projects.
• Good business acumen
• Strong understanding of UK contract law and procurement regulations.
• Thorough understanding of ABC XYZ classification and real-world management of optimisation strategies.
• Capital expenditure budgeting and approval procedures.

SKILLS

• Assertive with good communication skills in both written and verbal form
• Able to develop strong effective relationships internally and outside of the organisation.
• Negotiation skills
• Excel and SAP proficiency
• Proactivity and initiative
• Analytical mindset
• Self-starter, team player
• Organised with a focussed attention to detail.
• Contract negotiations.

• Competitive bid indirect requirements, coming via electronic purchase requisitions from the other teams or via the capital expenditure form.
• Develop, negotiate, and manage meaningful contracts with suppliers to ensure best total price and service levels.
• Support the Direct Purchasing Manager when required and be their absence cover.
• Support Head of Purchasing with augmentation of Purchasing strategy and deployment.
• Coordinate the on-site integrated supplier (manage the on-site team, monitor service levels, cost saving activities)
• Identify cost savings opportunities on our indirect expenditure and action them, leading projects from start to finish, involving all stakeholders.
• Build and maintain strong relationships with key indirect suppliers.
• Identify and evaluate potential new suppliers / dual sourcing.
• Identify opportunities to reduce indirect inventory and implement effective actions to achieve these reductions.
• Ensure compliance to sourcing and contracting policies, procedures, risk management programs, and ethics.
• Identify potential risks in contracts and develop strategies to mitigate them.
• Prepare regular reports on contract status, performance and savings achieved.
• Identify ‘best for business’ solutions and trade off evaluations