Building Supplier Relationships & Procurement

• This role involves building strong relationships with suppliers and the internal team.
• Good procurement involves trust, collaboration, and long-term partnerships for process efficiency.
• Rapport leads to better negotiations and reliability.

Teamwork Example

• Classifying 400+ creators for an Aview International presentation with a 1-day deadline.
• The spreadsheet included size, content type, length, and influencer status.
• The goal was to complete the spreadsheet accurately and on time to demonstrate creator understanding and secure a partnership with Aview.
• The workload was divided into three segments to ensure consistent classification and regular team communication.
• Extra work was undertaken to help colleagues.
• A final review was done for accuracy.
• The spreadsheet was completed on time.
• Aview International officially signed with NightMedia because of this.
• Demonstrated strong creator understanding, leading to the partnership.

Procurement Process

• The initial step involves understanding the exact product/service requirements.
• Market research is conducted to identify potential suppliers and assess their reliability, quality, and capacity.
• A formal request for proposal is created.
• It outlines the requirements and allows suppliers to submit bids.
• A careful evaluation process follows to determine the best supplier.
• Terms and conditions are negotiated with the chosen supplier before awarding the contract.
• Contract management involves ongoing management, compliance, and regular performance reviews.

Construction & Traffic Solutions Industries

• The construction industry is a significant contributor to the UK's economy.
• The industry faces challenges like fluctuating economic conditions and supply chain disruptions.
• There is a need for skilled labor.
• It is important to adhere to strict health and safety regulations.
• Sustainable construction practices and the use of technology is becoming increasingly important.
• Heavy investment into infrastructure projects will increase demand for services.

ERP Systems

• ERP systems are integrated software suites that help businesses manage and automate core processes.
• ERP systems can automate purchase order processing.
• They can also track inventory levels.
• Supplier relationships can be managed.
• ERP Generate reports on spending and performance.
• ERP Streamlines material purchase for traffic solution projects.
• ERP manages plant and vehicle maintenance, providing insights into procurement costs.

Why Work for Lochwynd Ltd

• There is a fascination with how traffic systems function and impact daily lives.
• The opportunity to contribute to a company that makes a real difference in efficient and safe traffic systems.
• The chance to learn and gain exposure to the construction industry and procurement within a specialized field.
• Lochwynd Ltd.'s position as the biggest loop cutting company in the UK is a major draw.
• The job is based in Glasgow.

Purchasing Experience

• Mock negotiations provided a solid understanding of securing a good deal.
• It is important to understand the other party's perspective and identify key leverage points.
• It is important to maintain clear and open communication.
• It is important to build supplier relationships.
• Negotiating pay expectations and requirements with translators/editors involved assessing the value of services.
• It is important to communicate effectively to reach agreements and maintain detailed records of negotiated terms.

Purchase Order Processing Experience

• Familiarity with the entire purchasing cycle.
• From identifying needs and sourcing suppliers to negotiating contracts and managing relationships.