6 Month Fixed Term Contract
Hybrid (2-3 days a week in the office) - Solihull
This major European Financing Group require a Buyer to join their procurement team on a 6 month, fixed term contract.
You will be responsible for securing supplier contracts that ensure the balance between cost reduction, value engineering and risk management. As a Procurement specialist, you will work with the business and the wider procurement team to conduct procurement activities in line with internal policies, best professional practice and agreed contracts such as shaping procurement processes and help create Governance packs.
KEY RESPONSIBILITIES
- Identify and evaluate service providers based on factors such as expertise, quality, reliability, cost-effectiveness, and compliance.
- Negotiate contracts and agreements with service providers to ensure favourable terms and conditions, including pricing, scope of work, performance metrics, and service level agreements (SLAs).
- Collaborate with internal stakeholders to understand service requirements and specifications, and develop sourcing strategies to meet those needs, providing appropriate advice and support.
- Conduct market research and analysis to identify potential service providers, industry trends, and best practices.
- Lead (RFx) process for contracts under remit, including drafting documents, evaluating proposals and selecting qualified vendors.
- Coordinate with business, legal and finance teams to review and approve contracts, ensuring alignment with policies and regulations.
- Use Central procurement software to identify contracts review cycle, maintain accurate records and generate reports on purchasing activities and performance metrics.
- Comply with central and regulatory control framework.
For this role, experience within Professional Services is key, as is experience of the end-to-end tendering process.
SKILLS & EXPERIENCE
- RFx process experience
- Direct, or Indirect sourcing
- Cost reduction
- Procurement in a Professional Services environment
- Sourcing Activity
- Tendering experience
- Practice of procurement in an FCA-regulated context
- Performance KPI and SLA industry standards
- Commercial acumen
- Good understanding of contract law
- Cost leverage and optimisation
- Negotiation and problem-solving skills
- Ability to liaise with stakeholders throughout the business
- MCIPS or equivalent
Apply now for a quick response!