Strategic Procurement Specialist
3 weeks ago
About the Role
We are seeking an experienced Strategic Procurement Specialist to join our team at Lloyd's Register. As a key member of our procurement team, you will be responsible for establishing and maintaining good procurement practices and vendor management disciplines. You will also support related process improvement initiatives, ensuring the effective management of procurement processes and the delivery of value to our customers.
Key Responsibilities
- Develop and maintain strong relationships with internal business and functional leaders to influence behaviors and ensure the timely involvement of Procurement in all sourcing activities.
- Design and manage procurement project plans for individual initiatives, evaluating processes and identifying risks and issues to ensure contracts are delivered on time, to budget, with improved benefits and savings for Lloyd's Register.
- Lead on requests for information, requests for quotations, requests for proposals, and other commercial information on specific projects, in conjunction with business and functional leaders.
- Manage the commercial bid process, negotiation of terms and conditions, and assessing risks, implementing suitable strategies to mitigate risk.
- Forging and maintaining trusted partnerships with Lloyd's Register suppliers and partners, holding suppliers to account, managing performance through the use of metrics, and improving Lloyd's Register colleagues' satisfaction.
- Drive continual improvement of existing suppliers and contracts, while managing contract lifecycles/timescales effectively, to (re-)negotiate terms of greater value to Lloyd's Register.
- Work within Lloyd's Register's governance model, ensuring procurement methodologies and standards are maintained, appropriate, and complied with, and that risks are appropriately managed.
Requirements
- Minimum 5 years demonstrable experience in a Commercial, Procurement, or Supply Chain related role.
- Professional Membership of the Chartered Institute of Purchasing and Supply (MCIPS) is preferred.
- Degree-level educated in a relevant field.
- Strong commercial acumen, with extensive and relevant experience of 3rd-party negotiations, commercial terms, contracting, and subsequent vendor management; strong negotiator that achieves optimal results.
- Sound understanding and experience of partners and suppliers, including supplier development and relationship management.
- Pragmatic in approach, with an ability to interpret a range of differing priorities and influence the outcome across a range of senior stakeholders.
- Able to foresee and solve challenges that may have a broad impact on the wider business strategy or outcomes. Sensitive to needing to manage impacts on colleagues/managing change.
- Results-driven and highly customer-focused; concerned with meeting, and exceeding, customer expectations. Able to manage to deadlines.
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