The Business
A market leading retail brand with an innovative and mature procurement function.
Location - Hertfordshire
Sub-category focus: Cloud, Infrastructure, Telco
Key Responsibilities:
- Strategic Sourcing and Procurement:
- Develop and implement IT procurement strategies that align with the company's goals and objectives.
- Conduct market analysis to identify potential suppliers, assess their capabilities, and negotiate favourable terms and conditions.
- Ensure compliance with procurement policies and procedures.
- Supplier Relationship Management:
- Establish and maintain strong relationships with key IT suppliers to ensure high-quality service delivery.
- Monitor supplier performance and address any issues to ensure continuous improvement.
- Conduct regular supplier evaluations and re-negotiations to optimise value.
- Budget Management:
- Develop and manage the IT procurement budget, ensuring cost control and efficient use of resources.
- Analyse spending patterns and identify opportunities for cost savings and value improvements.
- Prepare and present regular reports on budget performance and procurement activities.
- Risk Management:
- Identify potential risks in the IT supply chain and develop mitigation strategies.
- Ensure that all IT contracts include appropriate risk management provisions.
- Stay informed about industry trends and potential risks that could impact the supply chain.
- Cross-Functional Collaboration:
- Work closely with the IT department to understand their needs and ensure the procurement of appropriate technology solutions.
- Collaborate with other departments, such as finance and legal, to ensure procurement activities are aligned with overall business objectives.
- Support project teams by providing procurement expertise and resources.
Key Skills:
- Procurement and Negotiation:
- Strong knowledge of procurement principles and practices, particularly in the IT category.
- Excellent negotiation skills to secure favourable terms with suppliers.
- Analytical and Strategic Thinking:
- Ability to analyse market trends, supplier capabilities, and spending patterns.
- Strategic mindset to develop and implement effective procurement strategies.
- Communication and Interpersonal Skills:
- Strong communication skills to effectively interact with suppliers, internal stakeholders, and cross-functional teams.
- Ability to build and maintain strong professional relationships.
- Supplier Experience: Ideally experience negotiating with Cloud, Infrastructure and Telco suppliers and understanding their contract breakdown
- Financial Acumen:
- Understanding of budgeting, cost control, and financial analysis related to procurement.
- Ability to prepare and present financial reports and analyses.
- Risk Management:
- Knowledge of risk management principles and practices in the context of IT procurement.
- Ability to identify potential risks and develop effective mitigation strategies.
- Qualifications:
- Proven experience in IT procurement, preferably in a fast paced environment.
- Professional certification in procurement (e.g., CIPS) is a plus.
- Proficiency in procurement software and tools.