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IT Procurement Expert

2 months ago

London, Greater London, United Kingdom Fastmarkets Full time
Job Description

Fastmarkets is a leading price-reporting agency and information provider for global commodities, offering price data, news, analytics, and events for the agriculture, forest products, metals, and mining, and new-generation energy markets.

The company's data is critical for customers seeking to understand and predict dynamic, sometimes opaque markets, enabling trading and risk management. Fastmarkets is a global business with a history dating back to 1865 and is built on trust and deep market knowledge. It has more than 600 employees spread across global locations.

Job Summary

This role will be crucial in developing the IT procurement category, including developing a set of procurement opportunities agreed with stakeholders, delivering associated activities, and delivering sustainable benefits for the company.

Key Accountabilities
  • Design and build a category strategy with key stakeholders, including developing a robust set of procurement priorities that will deliver sustainable benefits to Fastmarkets.
  • Collaborate with key stakeholders to understand IT requirements and forecast future needs to contribute to their budgeting process, focusing on cost-saving opportunities and efficiency improvements.
  • Lead the engagement with suppliers for the acquisition of technology to deliver the best value for Fastmarkets.
  • Lead all procurement activity from the Technology function in accordance with the Procurement Policy and playbooks, including new requirements, renewals, and projects.
  • Provide support to the Technology Function in the procurement policy and process, where they can self-serve.
  • Ensure that robust contracts are agreed with all key suppliers and all suppliers.
Key Interfaces

This role will work closely with the rest of the Procurement function and all colleagues within the Technology function but will also work across all other business functions as required, particularly Finance, Legal, Risk & Compliance, and Information Security.

Qualifications

We recruit talented, dynamic people with diverse backgrounds and experiences, all united by a belief in our mission to provide the world's leading and most trusted price reporting, events, and intelligence service for the markets we serve.

We're proud to be an equal opportunities employer and are committed to creating a fully inclusive workplace, where everyone feels able to participate and contribute meaningfully.

Knowledge, Experience, and Skills
  • A great track record with category management experience within the assigned IT portfolio, particularly in SaaS, managed service providers, cloud, Telecomms, data and voice, licensing, and hardware.
  • Experience in relationship management and networking skills, required for both key stakeholder and supplier engagement.
Behaviours and Characteristics
  • Enthusiastic, proactive, and keen to work on own initiative as well as part of a team.
  • Results, deadline, and quality driven.
  • Uses own initiative to identify problems and deliver solutions.
  • Confidence and desire to take responsibility for deliverables.
  • Good attention to detail.
  • Strong time management skills and the ability to meet and/or exceed deadlines.