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

Regulatory and Compliance Challenges: Procurement Managers in the nuclear industry must comply with a wide range of regulations and standards, which can be complex and time-consuming.
High Levels of Responsibility: Procurement Managers are responsible for managing the procurement function and ensuring the delivery of a safe, compliant, and cost-effective supply chain, which can be stressful and demanding.
Pressure to Meet Tight Deadlines: Procurement Managers are often required to work under tight deadlines, which can be challenging and demanding.
Supplier Management Challenges: Procurement Managers in the nuclear industry must develop and maintain effective relationships with suppliers, which can be challenging due to the unique requirements of the industry and the need for compliance with regulations and standards.

What is the job like

The day-to-day responsibilities of a Procurement Manager in the UK nuclear industry can vary depending on the company and specific job role. However, a typical day might include the following tasks:

Reviewing and responding to emails: Procurement Managers may receive a significant number of emails from suppliers, internal stakeholders, and customers that require attention and response.
Leading team meetings: Procurement Managers are responsible for managing and leading their team, so a typical day may involve leading team meetings to discuss procurement strategies, goals, and project updates.
Managing supplier relationships: Procurement Managers are responsible for managing supplier relationships, which may include negotiating contracts, managing delivery schedules, and addressing any issues that arise.
Reviewing and approving purchase orders: Procurement Managers must review and approve purchase orders to ensure that they comply with procurement policies and procedures and that the purchases are necessary and cost-effective.
Developing and implementing procurement strategies: Procurement Managers must develop and implement procurement strategies that align with the company's goals and objectives and meet regulatory requirements.
Analyzing procurement data: Procurement Managers may analyze procurement data to identify trends, areas for improvement, and potential cost savings opportunities.
Collaborating with other departments: Procurement Managers may work closely with other departments, such as finance, engineering, and operations, to ensure that procurement activities support the company's overall goals.
Managing procurement risks: Procurement Managers must identify and manage procurement risks, which may include risks related to supply chain disruption, supplier quality issues, and compliance with regulatory requirements.
Attending meetings: Procurement Managers may attend meetings with suppliers, customers, and internal stakeholders to discuss procurement-related matters.
Ensuring compliance with regulatory requirements: Procurement Managers must ensure that all procurement activities comply with regulatory requirements and that appropriate documentation is maintained.

Is this job for me

Best Personality for this career.

The perfect candidate for the role of a Procurement Manager in the UK nuclear industry should have a combination of education, experience, skills, and personal characteristics that are suited to the demands of the role. Some key attributes that may make someone well-suited for the role include:

Education and experience: A bachelor's degree in procurement, supply chain management, business administration, or a related field, as well as at least 5 years of experience in procurement management within the nuclear industry or a related industry.
Strong leadership skills: The ability to lead, manage and motivate a team, as well as work collaboratively with other departments, suppliers, and customers.
Excellent communication and negotiation skills: The ability to communicate effectively with stakeholders at all levels, negotiate contracts, and develop effective relationships with suppliers and customers.
Strong analytical and problem-solving skills: The ability to analyze complex procurement data, identify trends, and make informed decisions to manage procurement risks and drive cost savings.
Attention to detail: A high level of attention to detail and accuracy in all aspects of procurement, including contract management, supplier selection, and purchase order processing.
Strong organizational and planning skills: The ability to manage multiple projects and priorities simultaneously, set goals, and develop effective procurement strategies.
Knowledge of the nuclear industry: Familiarity with the regulatory and compliance requirements of the nuclear industry, as well as an understanding of the unique challenges and risks involved in managing the procurement function within the industry.
Personal characteristics: The ability to work under pressure, meet tight deadlines, and work independently or as part of a team. A proactive, self-motivated, and results-oriented approach to work, as well as a commitment to continuous learning and professional development.