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Purchasing Manager

Salary: £45,000 to £55,000 per annum (DOE) 

Contract Type: Full-Time, Permanent

Location: Cambridge, UK (flexible working options available to discuss)

Closing date for applications: 6th January 2025

Join Nu Quantum - Shaping the Future of Technology

Nu Quantum is at the cutting edge of quantum computing and advanced technology, driven by a passion for innovation, diversity, and excellence. We foster a collaborative environment where brilliant minds come together to redefine what’s possible. As a Purchasing Manager, you’ll play a critical role in enabling our cross-disciplinary teams to deliver ground-breaking technologies.

The Role

We’re looking for an experienced Purchasing Manager to join our ambitious and growing team. In this role, you will work closely with the Project Management Team to manage procurement activities in alignment with project needs, while also providing essential support to our finance functions. This is a fantastic opportunity to apply your technical expertise, supplier management skills, and process optimisation experience in a dynamic, fast-paced environment.

Key Responsibilities

Supplier Relationships: Identify, evaluate, and manage supplier relationships. Negotiate contracts to ensure the best value and terms for technical and quality components.

Due Diligence: Conduct checks on new suppliers and regularly monitor existing suppliers for quality, timeliness, and reliability. Maintain an up-to-date preferred supplier list.

Supply Chain Optimisation: Operate and refine the company’s purchasing procedures and ensure compliance with legal and regulatory requirements.

Stakeholder Collaboration: Work closely with internal stakeholders to ensure all purchases meet technical and quality standards and support project timelines.

Process Management: Implement robust goods-inward procedures, ensuring timely routing of materials to engineering teams for installation, testing, and acceptance.

Tools and Technology: Ensure procurement tools and workflows are efficient and user-friendly, updating processes as needed.

Cross-Border Logistics: Manage international deliveries, including liaising with couriers, freight forwarders, and customs to ensure smooth transit and compliance.

Financial Oversight: Support the finance team by confirming delivery fulfilment, ensuring accurate purchase orders and invoices, and providing coding and categorisation for financial and project management purposes.

About You

We are looking for a highly organised and motivated professional who thrives in a fast-paced environment. You are an excellent communicator with a strong foundation in procurement and supply chain management and a passion for continuous improvement.

Essential Skills & Experience

  • Proven experience as a Purchasing Manager, Procurement Specialist, or similar role in a technology or manufacturing environment.
  • Strong understanding of supply chain management, vendor negotiations, and inventory optimisation.
  • Demonstrable analytical, organisational, and problem-solving skills.
  • Proficiency with procurement and SaaS tools, with the ability to implement and optimise workflows.
  • Excellent written and verbal communication skills, with an ability to collaborate with technical and non-technical teams.
  • Numerate, with a solid understanding of financial concepts and cost management.

Desirable Skills & Experience

  • Working knowledge of import tax, customs duty, and international logistics.
  • Familiarity with technical hardware components, materials, and manufacturing processes.
  • Experience with procurement and finance tools like Xero Accounting Software, ApprovalMax, and/or Pleo.
  • Experience in implementing internal processes and controls in growing organisations.

Why Work with Us?

At Nu Quantum, we celebrate diversity and are committed to creating an inclusive workplace where people of all identities, orientations, backgrounds, and experiences are empowered. We value diverse perspectives as a source of creativity and innovation and encourage applications from all backgrounds, including those from underrepresented and marginalised communities. Joining Nu Quantum means joining a team where you can grow professionally and be part of an inspiring mission to shape the future of technology.

Benefits

  • Flexible working options
  • Group DIS cover(4 x salary)
  • 1 month paid Sabbatical after 4 years of service
  • Generous Employee Referral Scheme
  • Private Medical and Dental Cover
  • On-site gym membership
  • Cycle scheme 
  • Refreshments, including fruit and beverages, are available in the office.
  • 28 days annual leave + UK Bank Holidays
  • Enhanced paid family leave policies 
  • Time for Charity work
  • Access to the Cambridge Botanical Gardens

Average salary estimate

$50000 / YEARLY (est.)
min
max
$45000K
$55000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Purchasing Manager, Nu Quantum Ltd

Join Nu Quantum as a Purchasing Manager and be part of a revolutionary company at the forefront of quantum computing and advanced technology! Nu Quantum is committed to innovation and excellence, creating a collaborative environment where talented individuals come together to shape the future. In this full-time and permanent position, you'll work closely with our Project Management Team, managing procurement activities that are essential for delivering groundbreaking technologies. Your role will involve building strong supplier relationships, conducting due diligence checks, and optimising our purchasing processes to ensure compliance and efficiency. This role won't just allow you to showcase your procurement skills; you'll also support our finance functions and collaborate with internal stakeholders to meet project deadlines and quality standards. If you're a motivated professional with a passion for supply chain management, excellent communication skills, and a knack for problem-solving, this is the perfect opportunity for you to thrive in a fast-paced environment. Join us at Nu Quantum, where your expertise will directly contribute to our mission of redefining what's possible in technology!

Frequently Asked Questions (FAQs) for Purchasing Manager Role at Nu Quantum Ltd
What are the key responsibilities of a Purchasing Manager at Nu Quantum?

As a Purchasing Manager at Nu Quantum, your responsibilities will include managing supplier relationships, negotiating contracts for optimal value, conducting due diligence on suppliers, and optimising purchasing procedures to ensure compliance with regulations. You'll work closely with internal stakeholders, implement robust goods-inward procedures, and oversee cross-border logistics to guarantee smooth international deliveries.

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What qualifications are required for the Purchasing Manager position at Nu Quantum?

To qualify for the Purchasing Manager role at Nu Quantum, candidates should possess proven experience in a similar procurement or supply chain role, preferably within a technology or manufacturing environment. Strong analytical skills, a solid understanding of vendor negotiations, and proficiency with procurement tools are essential. Additionally, excellent communication skills and financial acumen will greatly benefit applicants.

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How does Nu Quantum support professional development for its Purchasing Manager?

At Nu Quantum, we believe in empowering our Purchasing Manager to grow professionally. We offer flexible working options and encourage continuous improvement within our teams. Employees are also provided access to various training resources and have opportunities for professional development each year, ensuring that our team is equipped with the latest skills and knowledge in the industry.

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What is the work environment like for the Purchasing Manager role at Nu Quantum?

The work environment at Nu Quantum is vibrant and dynamic, aimed at fostering collaboration and innovation. As a Purchasing Manager, you will find yourself in a supportive atmosphere where your input is valued, and diverse perspectives are celebrated. Your colleagues will consist of brilliant minds in technology, creating a stimulating setting to thrive.

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Can the Purchasing Manager at Nu Quantum expect to work on international procurement?

Absolutely! As the Purchasing Manager at Nu Quantum, you will be responsible for managing international deliveries and working with couriers, freight forwarders, and customs. Your role will involve ensuring compliance and smooth transit, making this position key to our global supply chain operations.

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Common Interview Questions for Purchasing Manager
What experience do you have in managing supplier relationships in your previous procurement roles?

When answering this question, focus on specific examples where you successfully identified, evaluated, and managed suppliers. Highlight any negotiation victories, how you ensured quality and reliability, and what strategies you applied to foster strong professional relationships.

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How do you conduct due diligence on new suppliers?

A thorough approach to due diligence is crucial. Discuss the steps you take to check supplier credentials, review their financial stability, assess past performance, and gather feedback from previous clients. Mention any specific criteria you consider important for maintaining quality.

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Can you explain a time when you optimized a purchasing process? What was the outcome?

Provide a detailed example of a purchasing process you improved. Discuss the challenges faced, the solutions you implemented, and the measurable impacts of your actions, such as cost savings or increased efficiency in the procurement workflow.

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How do you ensure compliance with legal and regulatory requirements in purchasing?

In your response, emphasize your understanding of relevant laws and regulations. Describe how you stay informed of changes in compliance and how you integrate those into purchasing procedures to safeguard the organization.

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What tools and technologies are you proficient in for procurement management?

Mention specific procurement tools you have used, such as ERP systems or SaaS applications like Xero Accounting or ApprovalMax. Discuss how you have leveraged these tools to streamline processes and improve the efficiency of procurement activities.

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Describe a challenge you faced in cross-border logistics and how you overcame it.

Use this opportunity to share a specific challenge, such as dealing with customs issues or coordinating international shipments. Discuss the steps you took to address the problem and the resolutions that were implemented to ensure future success.

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How do you manage competing priorities when collaborating with internal stakeholders?

Illustrate your ability to balance multiple demands by sharing a scenario where you worked with different teams. Stress your communication skills, how you negotiate timelines, and what tools you use to keep everyone updated on progress.

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What strategies do you apply for effective negotiation with suppliers?

Discuss your negotiation style and strategies, such as understanding suppliers' needs, using data-driven insights, and finding win-win solutions. Provide an example of a successful negotiation that resulted in favorable terms for your company.

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In your opinion, what is the most critical aspect of supplier performance monitoring?

Share your insights on why it’s vital to continuously monitor supplier performance and how you utilize metrics like delivery time, quality, and compliance. Discuss how this information informs future procurement decisions and supplier relationships.

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Why do you want to work as a Purchasing Manager at Nu Quantum?

When answering this question, tie in your passion for technology and innovation with Nu Quantum's mission. Discuss how the values of the company align with your aspirations, and how you can contribute to its goals and vision moving forward.

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Full-time, hybrid
DATE POSTED
December 2, 2024

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