Procurement Sourcing Specialist

3 weeks ago

London, Greater London, United Kingdom Foodbuy Full time
Procurement Sourcing Specialist - Foodbuy

Foodbuy Group stands as a premier food procurement entity in the UK, managing over £1.5 billion in expenditure. We unite a diverse array of foodservice and hospitality clients to procure food and related products. Our close collaboration with clients allows us to provide expert procurement services that save time and resources, enabling them to concentrate on their core business objectives.
As a proud subsidiary of Compass Group UK & Ireland, our largest client, we source directly from manufacturers and growers, partnering with both renowned brands and local suppliers. Our team of over 300 procurement professionals leverages unmatched scale and exceptional data analysis to distinguish ourselves in the marketplace.
The strategic sourcing function is vital for ensuring the delivery of appropriate products and services at competitive prices, while also aligning with our broader strategic goals, including Net Zero and Social Value initiatives.
The Sourcing Specialist plays a crucial role within Foodbuy, facilitating and supporting our strategic sourcing efforts. The primary objective of this team is to formulate and implement strategies that secure value for all clients by bringing categories or expenditures to market based on predetermined triggers. By adhering to the Foodbuy Procurement Process (FPF) and collaborating with category development, CBM, and supply chain teams, we strive for sourcing excellence that clearly demonstrates value for all clients. Annually, we engage in market activities involving over £250 million in client spend, presenting significant opportunities to influence our supply chain positively.
This role also involves extensive collaboration with our Category and Account teams, as well as the broader organization, to achieve our commercial KPIs, work on strategic initiatives with widespread organizational impact, and represent Foodbuy in the broader market.
Key Responsibilities:
  • Lead strategic and tactical initiatives, delivering results on sourcing projects.
  • Enhance your procurement and purchasing skills through the Foodbuy Procurement Framework.
  • Utilize Scanmarket, our online strategic sourcing platform, to ensure compliance with internal governance and external audits.
  • Foster strong relationships with clients, stakeholders, and internal teams, collaborating to identify future value creation opportunities.
  • Elevate the visibility of Strategic Sourcing activities and outcomes by creating platforms to communicate our successes both internally and to our client base.
  • Identify market trends and insights regarding best-in-class procurement practices, applying these learnings to our strategies, processes, and procedures to maintain a competitive edge.
  • Develop and sustain a robust internal and external network, establishing strong working relationships with key stakeholders.
  • Ensure the ethical and safe sourcing of high-quality products and services.
  • Promote the safe, ethical, environmental, and local credentials of categories, products, and/or services.
Required Skills and Experience:
  • Solid understanding of the end-to-end supply chain within retail, foodservice, or FMCG sectors.
  • Strong decision-making abilities, with good commercial insight and the capacity to perform under pressure.
  • Experience in supplier negotiations.
  • Proven track record of cost reduction in challenging market conditions.
  • Demonstrated strategic procurement capabilities that extend beyond tactical tenders.
  • Ability to manage tight timelines and deadlines effectively.
  • Confident in presenting ideas and influencing others.
  • Versatile influencer, comfortable challenging at all levels of seniority.
  • Evidence of cross-functional collaboration skills.
  • Ambitious high performer with enthusiasm, energy, and resilience.
  • Highly commercial, with strong negotiation skills and exceptional communication abilities at all levels.
  • Strong background in buying and category management.
  • Advanced proficiency in computer applications, including Excel, Word, and PowerPoint.
  • Capability to multitask, maintain composure under pressure, and retain a strategic perspective.

We ensure our employees are rewarded for their dedication through a comprehensive benefits package, which includes:

  • Contributory pension scheme.
  • Career development opportunities through our Career Pathways and MyLearning programs.
  • Quick access for you and your immediate family to a Digital GP, along with broader healthcare benefits.
  • Exclusive travel discounts with various providers.
  • Discounts on grocery shopping with major retailers.
  • Significant discounts on cinema tickets.
  • Earn Wow Points with every purchase, redeemable across a wide range of brands.
  • Access to free wellness, mindfulness, and exercise classes.
  • Ability to share discounts and offers with friends and family.

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