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Strategic Sourcing Manager
3 months ago
We are seeking a Strategic Sourcing Manager to join a prominent organization within the financial services sector. This role involves a variety of responsibilities aimed at enhancing procurement efficiency and effectiveness.
Key Responsibilities:- Support the development and implementation of category strategies.
- Manage tender processes and negotiations, including drafting RFx documents, evaluating proposals, and formulating recommendations.
- Assess and refine specifications, proposing optimal commercial strategies for maximizing value and achieving savings.
- Provide guidance on supplier selection, ensuring a fair and transparent procurement process.
- Examine market dynamics and expenditure patterns to identify opportunities for cost reduction and innovative solutions.
- Engage with internal stakeholders across the organization.
- Finalize legal agreements, negotiate terms, and collaborate closely with the Legal Department.
- Ensure adherence to policies and procedures throughout projects, while managing associated risks.
- Identify and address challenges during negotiations, escalating issues as necessary.
- Proven experience as a Procurement Manager within the financial services industry, particularly in Facility Management or Property categories.
- Expertise in category spend analysis, cost control, strategic sourcing, and supplier negotiation and management.
- Demonstrated ability to excel in high-volume, fast-paced environments.
- Competitive salary range of £60,000 - £70,000 along with a comprehensive benefits package.
- Flexible working arrangement: 3 days per week in the office.