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Procurement Sourcing Specialist

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Our client is seeking a dedicated and enthusiastic Procurement Sourcing Specialist to join their dynamic team.

Keywords: Procurement, Sourcing, Supplier Management, Contracting Strategies, Market Research, Marketing, Professional Services

Our client is seeking a dedicated and enthusiastic Procurement Sourcing Specialist to join their dynamic team. This role offers an exciting opportunity to implement procurement strategies, manage external supplier spend, and deliver innovative solutions for the business. The successful candidate will have direct responsibility for delivering sourcing and contracting strategies across a portfolio of categories and suppliers. This role provides a unique chance to understand and shape the workings of the financial sector at a time of considerable change.

  • Direct responsibility for delivery of sourcing and contracting strategies.
  • Opportunity to work with and influence senior stakeholders.
  • Chance to shape how procurement operates for the future.

What you'll do:
As a Procurement Sourcing Specialist, you will play a pivotal role in shaping the procurement operations within our client's organisation. You will be responsible for implementing strategic sourcing initiatives, managing supplier relationships, and driving cost-effective solutions. This role offers a unique opportunity to make a significant impact on the organisation's bottom line while working alongside senior stakeholders.

  • Implement the procurement strategy including operational and tactical sourcing projects or contract renewals with moderate complexity and risk.
  • Manage external supplier spend, driving breakthrough results through effective development and delivery of sourcing and contracting strategies.
  • Deliver all low risk/complexity sourcing activity, including RFx, supplier negotiations and contracting, ensuring compliance with sourcing policy and alignment with business strategy.
  • Demonstrate knowledge of markets and sophisticated commercial acumen through all sourcing activities and commercial negotiations.
  • Utilise and promote all procurement systems as required and deliver procurement projects in line with process and standards.
  • Work closely with senior stakeholders across the organisation, playing an increasing role in ensuring value for money from supplier engagements.

What you bring:
The ideal Sourcing Specialist will bring a wealth of experience in procurement processes. You will have demonstrated success in running simple procurement processes including stakeholder liaison, tender issuance, evaluation, and contract document creation. Your strong interpersonal skills will enable you to communicate effectively at all levels, while your knowledge of non-IT categories will be highly beneficial. Your analytical, communication, interpersonal, negotiating and presentation skills will be key in this role.

  • Understanding of end-to-end procurement processes including scoping business requirements, creating project plans, creating tender documentation, and adhering to project governance.
  • Experience running simple procurement processes – including liaising with stakeholders, issuing tenders, evaluating responses, and creation of contract documents from templates.
  • Previous experience using procurement/purchasing systems.
  • Interpersonal skills to communicate information succinctly in an organised manner both verbally and in writing at all levels.
  • Knowledge of non-IT categories would be beneficial.
  • Ability to discuss business scope of requirements and specification design.
  • Excellent analytical, communication, interpersonal, negotiating and presentation skills.

What sets this company apart:
Our client is a leading organisation that values learning and development. They offer world-class development opportunities which will assist you in achieving your career aspirations. Their competitive flexible benefits scheme allows you to create a personalised benefits package tailored to suit your lifecycle. Core benefits include generous holiday allowance, private healthcare, a non-contributory pension scheme, life assurance and income protection. They also support hybrid working.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

Contract Type: FULL_TIME

Specialism: Procurement & Supply Chain

Focus: Purchasing / Procurement

Industry: Purchasing and Procurement

Salary: £40,000 - £46,000 per annum

Workplace Type: Hybrid

Experience Level: Associate

Location: London

Job Reference: 51017923/001

Date posted: 17 May 2024

Consultant: Mitch Butler

Phone number:

mitch.butler@robertwalters.com

Mitch Butler

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