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Procurement Analyst

Norton Rose Fulbright LLP
Posted 11 days ago, valid for 11 days
Location

Newcastle Upon Tyne, Northumberland NE19 2BG, England

Salary

£30,000 - £36,000 per annum

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Contract type

Full Time

Life Insurance

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Sonic Summary

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  • Norton Rose Fulbright is seeking a Global Procurement Analyst with a minimum of 3 years of experience in an analyst role, focusing on enhancing procurement practices within the IT sector.
  • The role involves managing vendor relationships, driving cost reductions, and supporting contract renewals while collaborating with global and regional teams.
  • Candidates should possess strong analytical and negotiation skills, experience with procurement tools, and knowledge of financial and corporate social responsibility issues.
  • A bachelor's degree or CIPs qualification/legal degree is preferred, and the position offers a competitive salary and benefits package, including 25 days of holiday, private medical insurance, and pension contributions.
  • The firm promotes a diverse and inclusive work environment and offers flexible working arrangements to support employee well-being.

Practice Group / Department:

Global IT Procurement

Job Description

We're Norton Rose Fulbright - a global law firm with over 50 offices and 7,000 employees worldwide. We provide the world’s preeminent corporations and financial institutions with a full business law service. At Norton Rose Fulbright, our strategy and our culture are closely entwined. We know that our expansion will mean little unless it is underpinned by truly global collaboration and we understand that pioneering work only takes place when our people have room to move and think beyond boundaries. As well as the relevant skills and experience, we're looking for people who are innovative, commercial and value the work that they do. 

Role Summary:

The Global Procurement Analyst will collaborate with global and regional teams to enhance procurement practices, focusing on IT cost reduction, vendor consolidation, contract renewals, and building market, vendor, and demand intelligence.

Key Responsibilities:

  • Build and align a demand pipeline with business requirements.
  • Manage a specified vendor portfolio, including contracts, renewals, terminations, cost approvals, and relationships.
  • Handle vendor commercial issues, driving innovation, cost reduction, and performance improvements.
  • Support the NDA process, opportunity tracking, and development of category strategies and sourcing plans.
  • Conduct research to maintain accurate category plans and build market intelligence.
  • Document procurement processes, policies, and develop a procurement toolkit.
  • Draft and manage RFx for market events and lead cross-functional teams.

Process and Policy:

  • Conduct market/vendor research, evaluate new/existing vendors, and develop sourcing strategies.
  • Manage vendor negotiations, contract drafting, and sourcing processes.
  • Promote best practices, innovation, and ethical procurement, while managing vendor risk.

Skills and Experience Required:

  • Minimum 3 years in an analyst role, with strong analytical and negotiation skills.
  • Experience with procurement tools, methodologies, and global vendor management.
  • Adaptability, creativity, and a proactive work ethic in a fast-paced environment.
  • Knowledge of financial, legal, and corporate social responsibility issues.

Qualifications:

  • B-degree or CIPs qualification/legal degree preferred.

Our clients come first; whilst we have a high-performance culture and work hard as a team, in return we offer a range of competitive benefits including:

  • 25 days holiday + Bank Hols
  • Free Virtual GP Service
  • Private Medical Insurance
  • Pension – Norton Rose Fulbright will also make a contribution
  • Life Assurance
  • Income Protection Insurance
  • Enhanced Maternity, Adoption or Surrogacy Leave
  • Carers Leave
  • Flexible working

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Diversity, Equity and Inclusion

To attract the best people, we strive to create a diverse and inclusive environment where everyone can bring their whole selves to work, have a sense of belonging, and realize their full career potential. Our new enabled work model allows our people to have more flexibility in the way they choose to work from both the office and a remote location, while continuing to deliver the highest standards of service. We offer a range of family friendly and inclusive employment policies and provide access to programmes and services aimed at nurturing our people’s health and overall wellbeing. Find more about Diversity, Equity and Inclusion here.

We are proud to be an equal opportunities employer and encourage applications from individuals who can complement our existing teams. We strive to create an inclusive and accessible recruitment process for all candidates. If you require any tailored adjustments or accommodations, please let us know here.

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By applying, a Reed account will be created for you. Reed's Terms & Conditions and Privacy policy will apply.