Role Purpose
This role reports directly into the respective local Procurement Manager in the country. A significant amount of the Manufacturing costs coming from purchased raw material, components as well as purchased finished goods. In addition, we also spend a significant amount of freight, utilities and capex. The sourcing activities are increasing as we support our continued growth. As part of our strategy, Coats are putting a high focus on improving our Procurement focus and performance, ensuring that the results of the Procurement team are delivered to the bottom line and support our Sustainability and Compliance strategies.
Key responsibilities:
The job holder will take the lead in developing and implementing an overall Category Strategy for a specific spend area, as part of the overall Procurement organisation. Specific responsibilities will include working collaboratively across multiple sites or regions for selected spend areas. The ultimate aim is to leverage the benefits of our overall business, whilst supporting the business in delivering their specific requirements.
As part of the Procurement team, the role will be expected to demonstrate a clear and aligned plan to all levels of the organisation. These plans will have specific deliverables (Cost optimisation, Sustainability, Compliance, Quality, Delivery, etc.) and the role will be able to show transparency of results, whilst driving and tracking improvements across the business.
The role will be part of ongoing change processes and will fully contribute to the development of best practice processes and the evolution of a culture change both internally and externally across the Procurement organisation.
Key functions of these positions are to drive change across the various spend areas, assuring compliance with Coats rules, policies and controls, as well as developing an overall Category plan, which addresses the short/ medium/ long term goals, complimenting the overall Business vision and objectives.
• Direct responsibilities for nominated spend areas, which is 70% raw materials and 30% Indirect Material sourcing/
purchasing to support the overall Business needs.
• Ensuring a robust supplier evaluation & approval process for all new suppliers, ensuring agreement to the Coats Supplier code.
• Leading sourcing activities inside the spend area of responsibility, including RFQ, negotiating, contract, PO creating, payment, maintain supplier and material data in the ERP system.
• Managing a supply market analysis and cost model approach.
• Developing and implementing a stable and compliant supply base.
• Supplier performance monitoring, risk analysis, and supplier relationship management.
• Managing the supply base development for the category and defining category negotiation strategy.
• Actively engage with internal stakeholders and assure following of defined Coats processes of all internal and external participants of sourcing activities while assuring stakeholder buy-in to the supplier nomination decision, approach and deliverables.
• Maintain accurate, prioritized and auditable records of procurement process compliance.