Procurement Manager
Posted 19/08/2024 by Michael Page
An opportunity for a detail-oriented Procurement Manager to lead and manage all procurement activities within a global professional services firm based in London. The role requires strategic thinking, strong negotiation skills, and a deep understanding of supply chain management.
Client Details
Our client is a globally recognised professional services firm. With over 7000 employees spread across 36 countries, they are renowned for their effective and efficient services. Based in London, they are a prominent figure in the recruitment industry, helping businesses thrive by finding the right talent for their teams.
Description
- Develop, lead and execute purchasing strategies.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Craft negotiation strategies and close deals with optimal terms.
- Forecast price and market trends to identify changes of balance in buyer-supplier power.
- Determine quantity and timing of deliveries.
- Monitor and forecast upcoming levels of demand for services and products.
- Perform cost and scenario analysis, and benchmarking.
- Assess, manage and mitigate risks.
Profile
A successful Procurement Manager should have:
-Work with the Head of Procurement to develop, implement, and embed the Procurement & Vendor Management policies and procedures to meet the expanded regulatory objectives.
-Work with the Head of Procurement Management to adapt and enhance the existing procurement policy, processes and procedures. Regulatory Engagement
-Work with the Regulatory Engagement Team to support the Procurement team's response to matters including Third Party Risk, Outsourcing, Cloud, and Critical Third Parties.
-Engage directly with FMID and the PSR as appropriate. Stakeholder Management
-C-suite level engagement and presentation at RiskCo & Exco may be required.
-Build robust relationships with relevant Supplier areas including but not limited to Technology, Software, Security, Operational Resilience, Legal, and Cyber Security.
-Work with the Commercial Management and Procurement team to ensure that interactions with Suppliers are consistent, proportionate, and considered.
MCIPS or working towards.
* Degree educated or degree calibre.
* Experience with indirect tech biased procurement
* Minimum of 5-7 years in Procurement and Vendor Management - Technology/SaaS/Software Categories - desirable
* Experience in a supplier facing role with decision making responsibilities
* Excellent communication and negotiation skills.
* Experience with managing small teams.
* Excellent stakeholder engagement skills.
* Excellent understanding of commercial legal contract and terms and conditions.
* Demonstrate significant savings through contract management and negotiation.
* Exposure and experience of executing modern procurement sourcing techniques and solutions
Job Offer
- An estimated annual salary of £70,000 to £80,000 depending on experience.
- A comprehensive benefits package.
- Opportunities for personal and professional development.
- A chance to be part of an industry-leading recruitment consultancy firm in London.
This is a great opportunity for a procurement manager to advance their career. Interested candidates are encouraged to apply.
- Type:
- Permanent
- Contract Length:
- N/A
- Contact Name:
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- Telephone:
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- Job Reference:
- JN -082024-6512414_1724085366
- Job ID:
- 222191275
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