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Procurement and Contract Administrator
2 months ago
Executive Network Group is seeking an experienced Interim Contracts & Procurement Specialist to join our client on an interim basis for a couple of months. This role is based on-site, 5 days a week, and involves managing the procurement process, negotiating contracts, and ensuring compliance with company policies and relevant regulations.
Key Responsibilities- Contract Management
- Draft, review, and negotiate contracts and agreements with suppliers.
- Ensure all contracts comply with company policies and legal requirements.
- Maintain accurate records of all contracts and manage renewals and terminations.
- Procurement Process
- Oversee the end-to-end procurement process, from requisition to payment.
- Develop and implement procurement strategies to achieve cost savings and efficiency.
- Conduct market research to identify potential suppliers and evaluate their capabilities.
- Supplier Management
- Establish and maintain strong relationships with key suppliers.
- Monitor supplier performance and address any issues or disputes.
- Conduct supplier audits and assessments to ensure compliance with company standards.
- Stakeholder Collaboration
- Work closely with internal stakeholders to understand their procurement needs and provide appropriate support.
- Coordinate with legal, finance, and other relevant departments to ensure smooth procurement operations.
- Provide training and guidance on procurement policies and procedures to internal teams.
- Compliance and Risk Management
- Ensure all procurement activities adhere to ethical standards and regulatory requirements.
- Identify and mitigate procurement-related risks.
- Stay updated on industry trends and changes in regulations affecting procurement.
- Reporting and Analysis
- Prepare and present regular reports on procurement activities, savings, and supplier performance.
- Analyse procurement data to identify opportunities for improvement and cost optimisation.
- Contribute to the development of procurement metrics and KPIs.
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field, preferably with a focus on procurement.
- 5 years' experience in procurement and contract administration, preferably within the UK.
- Experience with a variety of service contracts and compliance (e.g., Know Your Counterparty (KYC), Third Party Due Diligence (TPDD)).
- Proficiency with procurement software and systems (e.g., SAP, Coupa, DocuSign).