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Procurement Officer

Job details
Posting date: 11 May 2024
Salary: £26,000 to £28,000 per year
Hours: Full time
Closing date: 10 June 2024
Location: 33 A Selborn Rd, Ilford, England, IG1 3AH
Remote working: On-site only
Company: NT TRADERS LTD
Job type: Permanent
Job reference:

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Summary

NT Traders Ltd, operating as The Car Traders, is a well-established used car dealer committed to delivering quality vehicles and exceptional service. To support our continued growth and expansion, we are currently seeking a dynamic and experienced Procurement Officer to join our team at our Romford location.

Main duties include:

- Identify, evaluate, and establish relationships with reliable suppliers and vendors, negotiating terms and conditions to ensure cost-effectiveness and quality of materials.
- Source and procure automotive parts, components, and materials in a timely and cost-effective manner, considering factors such as quality, price, and delivery timelines.
- Negotiate contracts and agreements with suppliers, ensuring favorable terms and conditions for NT Traders Ltd, and periodically review and update agreements as needed.
- Monitor and control procurement costs, identifying opportunities for cost savings and implementing efficient procurement strategies to maximize value for the company.
- Work closely with the Inventory team to maintain optimal stock levels, minimizing excess inventory and ensuring timely availability of materials for production and repairs.

Skills and Education:

- Proven one year of experience as a Procurement Officer or in a similar procurement role, preferably in the automotive industry.
- Strong understanding of procurement processes, supplier management, and contract negotiation.
- Analytical mindset with the ability to evaluate supplier performance and make data-driven decisions.
- Knowledge of inventory management principles and practices.
- Familiarity with relevant laws, regulations, and industry standards.

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