IT Category Lead

18 hours ago


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

Fastmarkets is a leading provider of price-reporting agency (PRA) and information services for global commodities. As an IT Category Lead, you will play a crucial role in developing and implementing a procurement strategy for IT services, ensuring the best value for the company.

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

This role will work closely with the Procurement function and all colleagues within the Technology function, as well as other business functions such as Finance, Legal, Risk & Compliance, and Information Security.

Requirements
  • 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.
Skills and Knowledge
  • A strong knowledge of commercial models and approaches/techniques necessary to achieve great commercial outcomes for Fastmarkets.
  • An in-depth knowledge of the IT category.
  • A good knowledge of contract drafting, with the ability to work with Legal colleagues to achieve a robust agreement.
  • Good negotiation, influencing skills.
  • Good communication skills to extract detail and evidence as required from colleagues and/or suppliers.
  • Strong analytical skills and being comfortable in analysing and interrogating data to support any category plans.
  • Advanced level of PC literacy, particularly in the Microsoft Office suite.
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.

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