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Strategic buyer

Find strategic procurement vacancies in industry and engineering

Strategic buyer vacancies

industry manufacturing high tech

These positions can focus on project procurement as well as category management, for direct goods and services as much as for indirect (NPR) procurement.

Strategic procurement functions are characterized by the fact that in addition to the tactical procurement functions, the procurement officer is highly engaged in strategy setting, stakeholder management and strengthening the procurement role in New Product Development (NPD).

FROM €60K+

Salary per year

Successful Vacancies

Working as a strategic buyer

It is a challenging, but also a very rewarding position that really gets to the heart of business operations.

When you realize that in industry, offshore and construction, between 50 and 80% of sales are procured, you understand the importance of professional procurement. Here, strategic sourcing plays a vital role, focused on identifying, evaluating and selecting suppliers that provide the most value to the organization. As a professional, you are responsible for supplier selection, additional contract negotiations and managing supplier relationships for all business processes involving suppliers or subcontractors.

What you need to know about the strategic buyer position

In addition, developing and implementing new procurement strategies and optimizing procurement processes to save costs are also important responsibilities. These responsibilities are one thing, but in the process a strategic buyer is also charged with managing supplier relationships in the best possible way.

Identifying potential risks and implementing appropriate measures to mitigate them is also something the buyer can consider. This is what we discuss in more detail further down the page.

It helps when a strategic buyer has excellent communication skills, knowledge of the particular market and technologies. Skillful mastery of procurement processes is a critical factor in successfully contributing to business results as a long-term purchaser.

In addition to a strategic buyer, there are often several buyers operating within an organization. These include tactical buyers and operational buyers. These are both important parts of an organization’s procurement process. For now, we will elaborate on the difference between the strategic buyer and the similar function operational buyer.

Purchasers who operate operationally focus primarily on placing orders and managing day-to-day purchasing activities. They ensure that business operations run smoothly. On the other hand, the strategic buyer is concerned with making the long-term approach. This includes, for example, the procurement of goods and services.

These goods and services the organization needs to achieve its long-term goals. Strategic procurement, then, is more focused on the future of the organization and tries to smartly and effectively anticipate changes within the market. A buyer must keep the needs and wants of the customer in mind at all times when performing his duties. Various aspects such as risk management, supplier management and identifying potential opportunities to generate more profits are taken into account.

A strategic buyer obviously works and thinks at a strategic level. In most cases, you will work as a buyer within a multidisciplinary team in an organization’s purchasing or supply department. Such an organization is, for example, a wholesaler, manufacturing company or retail chain. Your role, for example, as indicated earlier, is to develop and implement effective strategies to procure goods, services and materials in the most beneficial manner.

You will liaise with suppliers, identify opportunities for cost savings and negotiate contracts with suppliers. Strategic buyers are also responsible for researching market trends and understanding customer needs to ensure that the best products and services are procured at the most competitive prices. Ultimately, it depends entirely on your specific tasks and, not to mention, your own desires where you will eventually work.

A strategic buyer’s workday typically consists of procurement-focused activities. Researching and analyzing the market to identify opportunities for cost savings can be a task. For example, as a buyer, you will have to negotiate with suppliers to get the best prices and terms. Often, as an experienced buyer, you have short lines of communication with a specific person within large organizations where you procure.

In addition, you may also be responsible for keeping up with industry trends, assessing the latest technologies or materials that can benefit the organization. As a strategic buyer, you must also have strong analytical skills to make informed decisions about the purchase of goods and services.

Some of the tasks a strategic buyer may have are listed below.

  • Set up market analyses and surveys to identify opportunities such as cost savings. This will allow you as a strategic buyer to, among other things, provide purchasing advice within the organization
  • Negotiate with suppliers to get the most favorable purchasing terms.
  • Oversee complex procurement processes from start to finish.
  • Establish and monitor contracts with certain vendors
  • Create strategic purchasing plans for different product categories
  • Develop criteria for evaluating suppliers. Hereby checking that contractual obligations are fulfilled

Becoming an effective strategic buyer requires several key skills, including:

  • Excellent communication and negotiation skills
  • Building relationships with suppliers
  • Understanding the market, technologies and trends
  • Ability to analyze data to make purchasing decisions that fit business objectives
  • Managing multiple projects and priorities simultaneously
  • Making decisions and managing risk.
  • Have strong business acumen to align procurement strategy with stated goals.

All of these factors will contribute to taking the organization to the next level.

If you want to become an experienced strategic buyer, both theoretical and practical learned knowledge is essential. First, focused education or training in procurement and supply chain management can help you gain solid knowledge of processes, suppliers and business. It is also important to gain relevant work experience by doing an internship or working as an assistant buyer. One year of work experience within a dynamic environment can make you an all-around buyer. In doing so, however, it is important to maintain a vision of procurement.

Networking at events and keeping abreast of the latest trends in procurement and supply chain are also very effective things to try. Over time, develop soft skills such as communication, negotiation, decision-making and leadership through training, coaching and feedback from peers and managers. Xentys is happy to contribute to your development as a buyer. Becoming a strategic buyer takes time, but it can ultimately lead to a rewarding career in a dynamic field.

750+

Purchasers posted

How does an open application work at xentys?

By submitting an open application, you will be kept informed of our current job openings and we can band you if we have a suitable position for you.

How to get started.

1.

First, make sure your resume succinctly reflects all your relevant skills, qualifications and experience.

2.

Then submit the open application to us using the form to the right. You may then receive a call from one of our recruitment specialists.

3.

Above all, remain patient, because finding the suitable job opening will take some time.

4.

At xentys, we want to inform you about the job opening that suits you.

What an open application at xentys can bring you

Would you like to receive customized job postings or would you prefer to see a general overview of all job postings? At Xentys, we provide an individualized approach. We organize an interview with one of our specialists to get a good picture of your abilities, qualifications and preferences before we introduce you to an employer or client.

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Procurement positions starting from €60 000 per year

Looking for the ideal technical procurement positions? At xentys.co.uk you will find professional and management positions in procurement within industry, construction and offshore…. Step into the world of top procurement and discover jobs that will take your career to the next level.

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