Procurement and Pricing Specialist

2 days ago


London, Greater London, United Kingdom Vitae Financial Recruitment Full time

We are seeking a highly skilled Procurement and Pricing Specialist to join our market-leading business in Hertfordshire. This is an exciting opportunity to lead the procurement and pricing functions, securing optimal terms and pricing for our company's growth and profitability goals.

The ideal candidate will have strong negotiation abilities, excellent relationship management skills, and experience working collaboratively across departments. As a key member of our team, you will be responsible for managing vendor relationships, negotiating contracts, and developing effective pricing strategies to ensure competitiveness while meeting profitability targets.

In this critical role, you will work closely with the Sales, Finance, Product Development, and Operations teams to align purchasing and pricing strategies with company objectives. Your expertise in supply chain management and cost analysis will enable you to identify opportunities for cost savings and efficiency improvements within the supply chain.

Key Responsibilities:
  1. Purchasing Management: Lead and manage procurement processes to ensure efficient sourcing of products and services. Develop, negotiate, and implement contracts with suppliers to achieve best pricing, terms, and quality.
  2. Pricing Strategy: Develop and implement effective pricing strategies to ensure competitiveness while meeting profitability targets. Monitor and analyse market trends, competitor pricing, and customer demand to inform pricing adjustments.
  3. Cross-Department Collaboration: Work closely with the Sales, Finance, Product Development, and Operations teams to align purchasing and pricing strategies with company goals. Serve as a liaison between departments to ensure clear communication regarding pricing updates, vendor information, and market insights.
  4. Budget and Cost Management: Develop and manage purchasing budgets, tracking expenses to ensure cost-effectiveness. Analyse spend data and prepare reports on cost savings, budget variance, and purchasing trends.

With a salary range of £55,000 - £65,000 + bonus, this is an exceptional opportunity to advance your career in procurement and pricing. If you are a motivated and strategic thinker with a passion for supply chain management, please apply for this exciting role.



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