Procurement Engineer 12-Month Fixed-Term Contract (FTC)Location: OxfordPay Rate: £26 - £40 per hourWorking Hours: 37 hours per week (7.5 hours per day)Working Pattern: Monday to Friday with flexible working hours. Full-time office attendance is required during the initial onboarding period. Following this, the role will transition to a hybrid working model with 3 days per week onsite.Travel: Up to 20% international travel required.The OpportunityAn exciting opportunity has arisen for an experienced Procurement Engineer to join a global engineering and technology organisation supporting the development of highly advanced products used worldwide.This role sits at the intersection of Engineering, Procurement, and Supply Chain, offering the chance to influence sourcing strategies, drive cost optimisation initiatives, and work closely with international suppliers and cross-functional teams.Key ResponsibilitiesDevelop and implement sourcing strategies for a portfolio of technically complex components.Conduct cost analysis, should-cost modelling, target costing, and value engineering activities.Support supplier selection, development, and performance improvement initiatives.Collaborate with Engineering, Procurement, Quality, and Supply Chain teams throughout the product life cycle.Provide technical support during supplier negotiations and cost optimisation projects.Drive continuous improvement and procurement transformation initiatives.Identify opportunities for design-to-cost and ..... full job details .....