Sourcing Technology Services Specialist

3 weeks ago

London, Greater London, United Kingdom Chain IQ Full time

About Chain IQ

Chain IQ is a global indirect procurement company that provides 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 utilizing 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.

The scope of the role relates to the indirect spend of clients across the categories of IT.

Key Responsibilities:

  • Establishing and maintaining strong relationships with stakeholders
  • Leading 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
  • Conducting market tenders and managing the evaluation across a cross-functional team to determine supplier selection
  • Understanding business requirements and structuring deals to meet those requirements
  • Negotiating deals to achieve optimal commercial terms
  • Drafting contracts based on standard terms and conditions
  • Leading cross-functional deal teams and liaising with senior stakeholders
  • Building relationships with key suppliers
  • Maintaining market awareness for assigned categories, leveraging experience to contribute to sourcing area plans and opportunity assessments

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