Commodity Lead jobs
To get the most value out of a procurement operation, a commodity lead is often employed to deal directly with suppliers on behalf of the purchasing company. They will have a multitude of specific roles, but in essence they will be expected to keep costs as low as possible while maintaining the expected level of supply as per the business’s production requirements.
The commodity lead will need to keep a keen eye on the industry as a whole, checking out prices from a range of suppliers as a matter of routine. Identifying savings elsewhere will put the company in a stronger negotiating position with existing suppliers, creating a win-win situation as long as the competitor can meet delivery expectations. However a well negotiated long-term deal that saves future time and expense of seeking out new suppliers is far preferable.
Of course, it’s not all about saving money in simple terms; a good deal is about much more than that. Supplier might charge more for reasons that could prove highly advantageous to your own business, that save you more than they cost the supplier (perhaps because of their buying power in the sector, for example). So delving deep into bids from potential suppliers and modelling their propositions against your own company’s projections will form a key part of the job.
The skills required
The ideal commodity lead will have had some experience in procurement and will know their way around a negotiating table, representing their employer. They might well accompany superiors to such negotiations, where their in-depth knowledge of the particular deals in question will be used to strengthen the company’s position. Because negotiations are often fast-paced, a good grasp of maths, particularly mental arithmetic, will be vital for instinctively taking the temperature of a deal in progress.
Great communication skills and the ability to easily work in a team will be essential, as will competence at problem solving and forming firm, assertive decisions based on the best available data.
Commodity Lead Jobs in Nuneaton
The county of Warwickshire forms a kidney shape wrapping around the north, east and south of Birmingham, and up at its north-eastern edge is the town on Nuneaton. If the whole borough of Nuneaton and Bedworth is counted, its population of this mini conurbation is around 125,000, making it the most populous in Warwickshire (a county with no cities). Nuneaton is 9 miles (14 km) north of Coventry and 20 miles (32 km) east of Birmingham. It is well connected to the M6, M69 and A5 and, as any traveller from the North West to London will know, is a stop on the railway express route into and out of the capital.
The town was little more than a hamlet in the Middle Ages, but its population shot up during the 18th and 19th centuries as industrialisation reached the town. Nearby coal fields helped boost the population, although industrial Nuneaton became best known for its textiles, as well as brick-making, tile-making and brewing. During World War 2 the town was a prime target because it was the site of several munitions factories.
Nuneaton today does have a commercial sector but it is one of the main commuter towns for Birmingham, Coventry and Leicester. The town is the location of the headquarters of dried fruit and alternative medicine seller Holland and Barrett, and RS Components and Dairy Crest have national distribution centres at Bermuda Park, just outside the town. Many factors combine to make Nuneaton a promising place to look for Commodity Lead work, so it’s always worth keeping an out on our pages or getting in touch for future vacancies.
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Cast UK’s procurement opportunities
Cast UK were founded by specialists in the logistics, supply chain and procurement trade, and our consultants are also drawn from these backgrounds, so we know what employers and candidates are looking for.
If you’re looking for a job in procurement, whether you’re relocating for personal reasons or are simply looking for more job fulfilment, there could well be an employer who’s looking for the skills you have, so please get in touch with Cast UK. At any given time, we have jobs all over the UK, so wherever you live, or plan to live, we are well placed to find work that suits your skills. Employers often approach us to find managerial and executive candidates, so if you’re in logistics, we’d be delighted to hear from you.
To find out more about how Cast UK can help you recruit a Commodity Lead for your business or find you a job as a Commodity Lead then contact one of our consultant team on 0333 121 3345.
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