Procurement Manager

LOCATION: Remote (London based office)

SALARY: £65,000 plus bonus

JOB TYPE: Permanent

Role Purpose

• Lead the creation and implementation of Subscriptions (non-IT) and assigned Professional Services category strategies, in collaboration with stakeholders, to meet business requirements and achieve cost saving/avoidance targets.
• Own and manage spend, contracts, and supplier relationships for assigned categories and support other indirect categories as required.
• Develop strong relationships with, and be recognized, as a valued partner by senior stakeholders to influence business decisions.
• Utilize spend information/data and business knowledge to find opportunities for cost optimization and gained efficiencies.
• Demonstrate subject matter knowledge on Consultancy engagements and actively seek ways to streamline processes; research and supply information on industry category trends and best practices.
• Conduct all phases in the execution of the assigned category engagements, including managing RFx process, reviewing and negotiating contracts and renewals, and monitoring supplier performance, etc.
• Develop negotiation strategies, gaining alignment from stakeholders, and executing on negotiations to secure the best service at the best possible price whilst ensuring business requirements are met. Preparing cost analysis summaries.
• Partner with a broad mix of stakeholders on contract evaluation, redlining, and negotiation, such as Legal, and Information Security.
• Effectively communicate status updates to key stakeholders, including prompt identification and escalation/resolution of issues
• Continually improve supplier performance by setting measurable, contractual, performance targets and related supplier performance management
• Stay abreast of changes in the market and assess if changes present opportunities.
• Ownership of the Subscriptions category (non-software), consisting mainly of contract renewals. Managing a more junior member of the team (direct report or via a matrix reporting line) to ensure accuracy and timeliness in the day-to-day management of the Subscriptions category which includes processing less complex renewals and change orders, user management (adding / removing / switching users) and maintaining a global subscription tracker
• Work with suppliers and AP to investigate and resolve invoice queries.
• Manage & maintain procurement trackers and databases.

Experience Required

• 8+ years in a strategic sourcing role within Indirect with notable Professional Services and Subscriptions category experience.
• Demonstrated ability to negotiate complex contracts, manage supplier relationships, and achieve cost savings.
• Proven critical thinking, analyzing, and crafting solutions from financial data.
• Exceptional verbal and written communication skills, enabling effective collaboration with internal stakeholders and external suppliers.
• The desire and ability to “challenge the status quo” constructively and in partnership with stakeholders.
• Deep understanding of contracts and contract management.
• Ability to work autonomously, handling multiple priorities and adapting to changing circumstances.
• PowerPoint and Excel proficiency (pivot tables, vlookups, etc)
• Experience in using Oracle, or similar ERP, desirable but not essential.