Sourcing Engineer

Sourcing Engineer required, annual salary is £45k, plus excellent benefits Full Time, Permanent based on site in Plymouth, Devon. This will be working Monday to Friday full time.

Benefits of working within this company: A competitive salary, 25 days' holidays plus bank holidays, subsidised canteen, free parking with electric charging points available, investment in your professional development, engagement and rewards platform and retail discounts, free daily fruit

Due to exciting growth, Wise Employment are seeking a Sourcing Engineerfor a world-renowned manufacturer who pride themselves on pushing the boundaries of innovation and foster a culture of excellence and collaboration.

As a Sourcing Engineer, you will bring engineering knowledge to the purchasing team which will support NPIs, help drive cost reduction activities, improve quality and reduce risks in supply chain.

Key role requirements as a Sourcing Engineer:

• Be responsible for sourcing new direct components required for New Products Introductions (NPI) from existing or new suppliers. This requires understanding the specifications, drawings and technical data provided by the engineering team.
• Be the subject matter expert for direct components and use this knowledge to support sourcing strategies and supplier relationships.
• Use market and industry intelligence to identify, vet and qualify new suppliers
• Identify the risks and threats in the Supply Chain. Rank these risks and address them by providing solutions for mitigation of the highest risks (developing new sources or strengthening the existing sources)
• Identify cost savings opportunities and action them
• Identify inventory reduction opportunities and action them
• Build and maintain strong relationships with key suppliers
• Ensure compliance to sourcing and contracting policies, procedures, risk management programs, and ethics.
• Mentor/educate suppliers as required as well as the rest of the Purchasing Team.
• Drive inventory reduction
• Monitor supplier spending
• Track savings made on sourcing projects.

Knowledge, skills and qualifications required:

• CIPS level 4 or above
• A Bachelor's degree or higher, in Manufacturing Engineering or related field.
• A degree in Mechanical Engineering
• Wing to wing understanding of the supply chain
• Good business acumen and awareness of the steel market.
• Good communication skills, both written and verbally.
• Ability to develop and maintain strong, effective relationships both internally and outside of the organisation.
• Strong negotiation skills
• Excel and SAP proficiency
• Analytical mindset
• A keen eye for detail and be well organised.

If you are saying yes to all of the above, then we would love to hear from you. Please apply via this job board.