Procurement Management
Job Description
Job Summary:
The Procurement Manager is responsible for managing the procurement function within the nuclear industry in the UK, ensuring that procurement policies, procedures and strategies are developed and implemented in compliance with all relevant legislation, regulations, and industry best practices. They will lead the procurement team and oversee the procurement process for goods and services, from initial planning to contract award, in order to ensure the delivery of a safe, compliant, and cost-effective supply chain.
Key Responsibilities:
Develop and implement procurement policies, procedures, and strategies in compliance with all relevant legislation, regulations, and industry best practices.
Manage and lead the procurement team, providing direction, guidance, and support as required.
Develop and maintain effective relationships with suppliers, stakeholders, and key customers to ensure that procurement requirements are met.
Develop and maintain procurement plans, sourcing strategies, and procurement schedules to ensure that goods and services are procured in a timely and cost-effective manner.
Identify and manage procurement risks, ensuring that appropriate measures are in place to mitigate risks to the supply chain.
Develop and manage the procurement budget, ensuring that procurement activities are carried out within budgetary constraints.
Ensure that all procurement activities are carried out in accordance with company policies and procedures, and in compliance with all relevant legislation, regulations, and industry best practices.
Manage the tendering process, including the development of tender documents, evaluation criteria, and contract negotiation.
Ensure that contracts are effectively managed, including monitoring supplier performance and ensuring that contractual obligations are met.
Provide regular reporting on procurement activities to senior management, including performance against targets, risks, and issues.
Qualifications and Experience:
A bachelor's degree in procurement, supply chain management, or a related field.
At least 5 years of experience in procurement management within the nuclear industry or a related industry.
Excellent knowledge of procurement policies, procedures, and regulations within the nuclear industry.
Proven experience in managing procurement processes from initial planning to contract award.
Strong leadership skills with the ability to manage and motivate a team.
Excellent communication and negotiation skills, with the ability to develop effective relationships with suppliers, stakeholders, and key customers.
Strong analytical and problem-solving skills with the ability to manage and mitigate procurement risks.
Excellent budget management skills with the ability to manage procurement activities within budgetary constraints.
Experience in developing and implementing procurement policies, procedures, and strategies.
Knowledge of contract management and negotiation.
Strong IT skills with proficiency in procurement software and Microsoft Office applications.
Certifications:
MCIPS (Member of Chartered Institute of Procurement and Supply) or equivalent certification in procurement management is preferred.
Featured Courses
Certainly, here are some featured courses for the role of Procurement Manager in the UK nuclear industry:
CIPS Diploma in Procurement and Supply: This is a globally recognized qualification that covers key procurement and supply chain management topics such as procurement strategy, contract management, supplier selection, and negotiation skills.
Nuclear Industry Procurement and Supply Chain Management: This course is specifically designed for professionals working in the nuclear industry and covers topics such as nuclear regulations, technical specifications, supply chain risk management, and supplier performance management.
Supply Chain Risk Management in the Nuclear Industry: This course focuses on managing supply chain risks in the nuclear industry, including managing risks related to quality, safety, and regulatory compliance.
Commercial Awareness for Procurement Professionals: This course covers key commercial concepts such as pricing strategies, market analysis, and financial management, helping procurement professionals to make informed decisions and maximize value for their organization.
Leadership and Management Skills for Procurement Professionals: This course focuses on developing the leadership and management skills required to effectively lead a procurement team, including communication, motivation, and change management.
These courses are just a few examples of the many training and development opportunities available for procurement professionals in the UK nuclear industry. It's important to identify courses that are relevant to your specific role and industry, and to continuously update your skills and knowledge as regulations and technologies evolve.
Salary
Average Salary
Average Hourly Rate
£60,000
£30.00
The average salary for a Procurement Manager in the UK nuclear industry can vary depending on factors such as level of experience, location, and size of the company.
However, according to the data from the website Glassdoor, as of March 2023, the average salary for a Procurement Manager in the UK nuclear industry is approximately £50,000 to £70,000 per year. However, it is important to note that this is just an estimate and actual salaries may vary based on individual circumstances.
Requirements
The job requirements for a Procurement Manager in the UK nuclear industry typically include:
Education and Experience:
A bachelor's degree in procurement, supply chain management, business administration, or a related field.
At least 5 years of experience in procurement management within the nuclear industry or a related industry.
Skills and Abilities:
Excellent knowledge of procurement policies, procedures, and regulations within the nuclear industry.
Strong leadership skills with the ability to manage and motivate a team.
Excellent communication and negotiation skills, with the ability to develop effective relationships with suppliers, stakeholders, and key customers.
Strong analytical and problem-solving skills with the ability to manage and mitigate procurement risks.
Excellent budget management skills with the ability to manage procurement activities within budgetary constraints.
Experience in developing and implementing procurement policies, procedures, and strategies.
Knowledge of contract management and negotiation.
Strong IT skills with proficiency in procurement software and Microsoft Office applications.
Attention to detail and accuracy.
Strong organizational and planning skills.
Ability to work independently and in a team environment.
Ability to work under pressure and meet tight deadlines.
Knowledge of the nuclear industry regulations and requirements.
Certifications:
MCIPS (Member of Chartered Institute of Procurement and Supply) or equivalent certification in procurement management is preferred.
Note: The above list of requirements is not exhaustive and may vary depending on the specific company and job opening.
Pros and Cons
Here are some of the pros and cons of the role:
PROS
Exciting and Challenging Work: Procurement Managers in the nuclear industry are responsible for managing the procurement function within the industry, which involves a variety of challenging tasks and responsibilities. These can include developing and implementing procurement strategies, managing supplier relationships, negotiating contracts, and mitigating procurement risks.
Good Salary: The salary for a Procurement Manager in the UK nuclear industry is generally above average, providing a good level of compensation for the responsibilities and demands of the role.
Career Growth: There are many opportunities for career growth within the nuclear industry, and procurement managers can progress to more senior roles such as Head of Procurement or Supply Chain Director.
Networking Opportunities: Procurement Managers have the opportunity to develop relationships with a range of stakeholders, including suppliers, customers, and internal departments, which can help to build their professional network.
CONS