Sourcing Technology Specialist

4 weeks ago


London, Greater London, United Kingdom Chain IQ Full time
About Chain IQ

Chain IQ is a leading global independent indirect procurement company, providing strategic, tactical, and operational procurement services. Headquartered in Zurich, Switzerland, we operate from 6 main centers and 14 offices worldwide.

Our team of experts transforms procurement within organizations, leveraging 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. Our 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.

Key Responsibilities:
  1. Establish and maintain strong relationships with stakeholders
  2. Lead 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
  3. Conduct market tenders and manage the evaluation across a cross-functional team to determine supplier selection
  4. Understand business requirements and structure deals to meet those requirements
  5. Negotiate deals to achieve optimal commercial terms
  6. Draft contracts based on standard terms and conditions
  7. Lead cross-functional deal teams and liaise with senior stakeholders
  8. Build relationships with key suppliers
  9. Maintain market awareness for assigned categories, leveraging experience to contribute to sourcing area plans and opportunity assessments


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