Senior Procurement Specialist (Strategic Sourcing)

My client, one of the worlds leading Investment Banks is looking for a Senior Procurement and Strategic Sourcing Professional to join their Corporate Planning and Management (CPM) team for an initial 6 month contract. £600 - £690 a day, depending on experience. Candidates from London that are applying, please note the hiring manager is prepared to be flexible and the expectation will be 3 days in the Birmingham office, and 2 days in the London office per week.

The successful candidate will need to have a broad understanding of strategic procurement, category management approaches and procurement value propositions. As well as being able to effectively create category strategies with the ability to influence and guide key stakeholders with sourcing decisions.

Skills:

3-7 years of relevant experience in the following:

• Strategic Souring experience for indirect spend areas and utilizing knowledge of procurement best practices to drive process from a sourcing perspective.
• Conducting project management throughout the sourcing process to deliver projects in a timely manner, including initiation and requirements gathering through to reporting on status and outcomes.
• Reviewing commercial bid returns to evaluate vendors and inform negotiation strategy.
• Strong experience in Professional Services, ideally non engineering.
• Commercial analysis.

Experience:

• Engage in market benchmarking to influence consultant strategy, drive execution of the sourcing process and source the most suitable consulting vendor for each engagement in partnership with business stakeholders utilizing Source to Pay technology systems.
• Deliver commercial excellence through project specific and category wide financial analytics, including analysing of budgets and bid returns to identify cost saving opportunities and inform negotiation strategy.
• Liaise with legal teams to draft and negotiate contract terms while ensuring appropriate contract structures, pricing models, vendor incentive models, service level agreements and performance indicators are applied consistently across vendors.

Please send your CV to cmiller@strategicstaff.com for immediate review.