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Senior Procurement Specialist

1 month ago

Milton Keynes, Milton Keynes, United Kingdom RWS Entertainment Group Full time
Job Summary

RWS Global is seeking a seasoned Senior Procurement Specialist to join our global procurement optimization project. As a key member of our team, you will play a crucial role in enhancing our procurement processes and driving efficiency. With an annual spend of approximately $45 million, even minor reductions can have a significant impact on our bottom line.

This project focuses on optimizing our supply base, identifying significant cost savings across various spending categories. You will take the lead in conducting a comprehensive analysis of our existing vendor list, categorizing suppliers, assessing their capabilities, and identifying preferred suppliers based on criteria such as quality, geographic location, reliability, and cost-effectiveness. This will involve collaboration with our internal team to understand requirements and gather information on previously used suppliers.

The goal is to streamline the supplier list and ensure that negotiated agreements are in place to maximize value for RWS Global. Upon successful completion of this project, we aim to achieve an average cost saving of 10% across all procurement categories compared to current rates. Additionally, we will establish a fully negotiated preferred supplier list with secondary options for each category to ensure business continuity.

Key Responsibilities:
  • Conduct a comprehensive analysis of our current vendor list, including categorization, evaluation, and identification of preferred suppliers.
  • Collaborate with internal teams to understand their specific requirements and gather information on past supplier performance and pricing.
  • Streamline the supplier list by consolidating vendors and eliminating redundancies.
  • Negotiate and finalize agreements with preferred suppliers to ensure maximum value for RWS Global.
  • Develop a comprehensive preferred supplier list with secondary options for each category.
  • Execute sourcing, negotiation, and contracting activities in support of business needs.
  • Lead procurement processes, including tendering, negotiations, and contract management.
  • Collaborate closely with the Senior Procurement Manager to improve global procurement processes.

Qualifications & Skills:
  • Strategic Sourcing: Ability to develop and execute sourcing strategies that align with organizational goals.
  • Contract Management: Expertise in reviewing, negotiating, and managing contracts to ensure they meet RWS Global's needs and mitigate risks.
  • Financial Analysis: Strong understanding of financial principles and costing methodologies to analyze supplier proposals and negotiate the best pricing.
  • Data Analysis: Proficiency in analyzing procurement data to identify trends, opportunities for cost savings, and areas for improvement.
  • Project Management: Ability to manage the supplier analysis project effectively, meeting timelines and achieving desired outcomes.
  • Negotiation Skills: Highly developed negotiation skills to secure the best possible terms and pricing from suppliers.
  • Communication Skills: Excellent written and verbal communication skills to present findings, collaborate with internal stakeholders, and build strong relationships with suppliers.
  • Relationship Management: Ability to build and maintain positive relationships with internal teams and external suppliers to foster trust and cooperation.
  • Problem-Solving Skills: Strong analytical and problem-solving skills to identify and resolve challenges arising during the procurement process.
  • Attention to Detail: A meticulous eye for detail to ensure accuracy in data analysis, contract negotiation, and supplier selection.

Experience:
  • Experience working in (or closely with) international companies, ideally with both an EU and US presence.
  • Proven ability to manage contract performance and mitigate risks associated with supplier agreements.
  • Utilized data analytics tools to identify cost-saving opportunities, analyze supplier performance, and generate insightful reports for stakeholders.
  • Successfully managed complex procurement projects, ensuring adherence to timelines, budgets, and quality standards.
  • Developed and executed sourcing strategies to identify and secure the best value from suppliers across various categories.
  • Negotiated favorable contracts with suppliers, achieving significant cost savings and mitigating risk.
  • Implemented and overseen process improvements within the procurement function.
  • Proficient in use of standard Microsoft Office products (Word, Excel, PowerPoint)
  • Experience working with Oracle NetSuite

Company Benefits:
  • Competitive Salary
  • Company Pension
  • 25 days paid holiday excluding Bank Holidays
  • Paid parental leave & childcare support policy
  • Computer (Mac/Windows)
  • Mobile phone
  • Flexible working (office/remote)
  • Employee Assistance and Wellbeing Program
  • Childcare Support Policy
  • Employer Sponsored Vision Program

Please Note: While this is intended to be an accurate description of the job, this is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the position, and may require that other or different tasks be performed as necessary and assigned.

Diversity and Inclusion Statement:
Diverse is who we are
Way more than a box to check, diversity is core to RWS Global culture. We value it, promote it, protect it and hire it. All differences are welcome here. We know for a fact that each employee's individual background, life experiences, knowledge, self-expression, and capabilities are a contribution to our culture, as well as our reputation and achievements.
So, bring all of who you are, no questions asked.