Sourcing Expert

2 months ago

London, Greater London, United Kingdom Chain IQ Full time

About Chain IQ

Chain IQ is a leading global independent procurement company providing strategic, tactical, and operational procurement services. Headquartered in Zurich, Switzerland, Chain IQ operates from 6 main centers and 14 offices worldwide.

Our team of experts works to transform procurement within an organization by leveraging market knowledge and insights supported by innovative technology to drive procurement efficiencies.

We apply the latest risk, sustainability, and social responsibility practices to strengthen procurement resilience. Chain IQ's approach to ESG supports ethical operations, business standards, and biodiversity while minimizing environmental impact.

Purpose:

The Sourcing team in the UK consists of sourcing professionals covering all indirect spend categories for our clients. The team provides clients with a range of sourcing services covering the end-to-end sourcing lifecycle, dependent on their needs, including market analysis, running market tenders, contract negotiation, and contract drafting.

Each member of the team works on multiple client projects simultaneously, in both a client-facing and supplier-facing role, working on both regional sourcing projects as well as global initiatives. The primary purpose of the function is to deliver value-add sourcing services to clients in a structured, professional, and consistent manner.

Key Responsibilities:

  • Establish and maintain strong relationships with stakeholders
  • Lead assigned sourcing initiatives, which vary in terms of scope and scale from routine renewals to more strategic purchases, under own initiative with minimal oversight required
  • Conduct market tenders and manage the evaluation across a cross-functional team to determine supplier selection
  • Understand business requirements and structure deals to meet those requirements
  • Negotiate deals to achieve optimal commercial terms
  • Draft contracts based on standard terms and conditions
  • Lead cross-functional deal teams and liaise with senior stakeholders
  • Build relationships with key suppliers
  • Maintain market awareness for assigned categories, leveraging experience to contribute to sourcing area plans and opportunity assessments
  • Adhere to Chain IQ corporate standards, including using defined sourcing tools and processes in delivery of sourcing initiatives
  • Identify and implement opportunities to deliver savings for clients and drive benefits through smarter/efficient sourcing
  • Mentor/coach less experienced team members and support them in more complex deals as required

Requirements:

  • Education to university standard – MCIPS desirable
  • Minimum 10 years of experience in sourcing across specific categories
  • Demonstrate proven market knowledge of ITO and BPO category, with skills to apply knowledge to drive maximum value for clients
  • Proven capability of running large multi-million/complex global deals, including all aspects of the tender process
  • Hands-on approach for deal execution, manage deals end-to-end on their own with minimal oversight
  • Highly organized and results-driven, can lead a cross-functional team
  • Client/stakeholder focus within the corporate environment with the gravitas to influence senior stakeholders
  • Experienced negotiator and excellent communication skills
  • Ability to structure complex deals and develop sourcing strategies
  • Experience in understanding contracts and ability in contract drafting, with limited requirement for specialist legal support
  • Ability to manage multiple priorities, often to tight deadlines, and deliver results
  • Experience in working with market-leading sourcing tools and systems
  • Professional team player, motivated, and highly flexible

About Chain IQ

Chain IQ is a Great Place To Work certified company in Switzerland, the United States, the United Kingdom, Singapore, Romania, Poland, and China.

We proudly offer a first-class benefits package to all employees, so come and join Chain IQ and become part of an innovative, inspiring, and high-performing team of entrepreneurs who are globally connected and locally anchored.

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