Procurement Management

Salary, Job Description, How To Become One, and Where to Apply

Procurement Management

Procurement Management

Working in procurement includes undertaking all aspects of procurement related activity to cost, quality and schedule. Delivering Procurement expertise in line with corporate Procurement policy and process in line with business requirements and performance objectives. Undertaking the following tasks as part of the core duties of the role: Supplier sourcing; soliciting bids; down selection; negotiation, contract award & contract management

Salary: xxxxx per year
Job Satisfaction: Very High
Transferability: Very High
Education: Degree
Job Growth: High
Personality: xxxx

TABLE OF CONTENTS
1. Job Description
2. Typical Day At Work
3. Responsibilities
4. Working Life
5. Is This Right For Me
6. Related Careers

Job Description

The lifeblood of the UK Nuclear Industry is the ability of all of the different companies to be able to do business with each other daily. Be that from utilising a local bus company's services to provide a park-and-ride service for a licensed nuclear site, the purchase of stainless steel for the manufacture of transport flasks or the procurement of a multi-billion pound EPC multi-year contract. So what roles are there available to you in the UK nuclear industry if you are interested in getting a role in procurement? ​ Buyer, Procurement Manager, Procurement Specialist, Commercial Manager, Contracts Manager are the roles you will find in any job search that you undertake with the words "nuclear procurement". Even if you decipher the job title you are interested in, one company's Contracts Manager is another company's Buyer; this can make the whole process complicated and confusing. The best approach is to consider what skills and experience you have and hone your search in on the jobs roles and responsibilities rather than the job titles.

Typical Day At Work

A typical day has changed quite a lot for a design engineer since COVID-19 came about. Many procurement specialists benefit from now have a commute to the office every day. Most can work from home, which was not expected at all before March!

Although their responsibilities can vary depending upon the type of organisation, their core responsibilities include:

  • Liaising with key company employees to ascertain their product and service needs

  • Performing all procurement activities, including pre-qualification, negotiating supplier agreements, preparation of contracts and tender management

  • Delegating tasks and overseeing the work of Purchasing and Procurement Agents across all departments

  • Identifying areas for improvement to continually drive performance and business results

  • Leading a team of Purchasing Agents and delegate tasks across departments when necessary

  • Managing overall direction, coordination and evaluation of procurement for the organisation

  • Developing strong relationships with business stakeholders and strategic supply partners to improve business

  • Creating policies and procedures for risk management and mitigation

Salary

Average Salary

$56,000 (£40,000)

Average Hourly Rate

$42.25 (£30.00)

One of the most popular questions we get from our readers here is how much do Procurement Specialists make per year and their hourly wage.

The average is around £40,000 (typically between £30,000 and £65,000) with a top earners bringing home above £110,000 per year.

Other Responsibilities

The international gold standard for procurement specialists is the Chartered Institute of Procurement & Supply (CIPS). You will see many of the more senior roles looking for candidates to be members with the designation MCIPS after their names. This requirement with specific experience of working within the particular job segment, e.g. nuclear submarines, nuclear cranes, EPC contract management, will put you at the front of the queue when applying for many senior roles. However, GetIntoNuclear aims to drag the nuclear industry into the 21st century. One of the main ways that the industry needs to do this to meet the increase in demand for resources is to broaden the scope of skills and experience accepted into the UK Nuclear Industry. If you have worked in a shop and had to undertake inventory control, there is no reason why you cannot manage the spares strategy for a filter changing machine within an EPR NPP. Suppose you have worked in a sales role in the past. In that case, there is no reason why you cannot pursue a career in supply chain development and look to source new suppliers into the industry by introducing them to the benefits of entering a new market. If you have previously completed an A-Level in IT, there is no reason why you cannot embark on a career in sourcing the latest firewall software to help protect the CA information held by the MoD. ​ Okay, maybe we laboured on a little, but now we have made our point. What do you do now?

  • If you feel that you are ready to apply for a role today, click here to find nuclear procurement roles.

  • If you feel you have the skills and experience but unsure which way to go, contact us for further info on the different nuclear procurement roles.

  • If you feel that you need to up-skill and undertake some training, contact us to find specific training for nuclear procurement roles.

  • If you feel that procurement is not the role for you, go back to the Job Functions to find information on all of the positions available to you within the UK nuclear industry.

Working Life

Working Hours:

Standard 37.5 hour week

Regular schedule like a 9 to 5

In a typical week, although contracted to 37.5 hours per week, it is not unusual for a procurement manager to regularly work between 42 and 45 hours per week.

Much of a procurement specialists 9 to 5 is split between attending meetings or design reviews and working to create, amend or review designs.

Is this right for me

Best Personality for this career.

Best Personality for this career:

xx

You can read more about these career personality types here.

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