Procurement Specialist - Newcastle Upon Tyne, United Kingdom - Kind Consultancy Ltd

Kind Consultancy Ltd

Verified Company

Newcastle Upon Tyne, United Kingdom

1 week ago

Posted by:

Tom O´Connor

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Description

Kind Consultancy is working with a well-established Retail Financial Services business which is currently seeking a Procurement Specialist to join them in a permanent, full-time role paying up to £41,500 with a hybrid work model requiring 2 days per weekin their Newcastle office.

The Procurement Specialist works with third-party suppliers and will support the business in ensuring contracts are renewed in a timely and appropriate manner, with key responsibilities including:

Developping an understanding of key contractual terms and conditions to determine prioritisation of contract renewal evaluation.
Providing support to Business Owners to ensure that expiring contracts are renewed on time and in line with Group Policy.
Agreeing contract renewal strategies with Business Owners that deliver maximum value and cost efficiencies whilst also aligned to the organisation's Risk Appetite.
Using appropriate sourcing strategies and negotiation techniques to maximise value for money
Supporting Senior Procurement Manager and Procurement Manager with sourcing initiatives for contracts that are higher value and/or higher risk contracts
Identifying opportunities for supplier efficiencies with a particular focus on business collaboration and supplier contractual terms.
Identifying opportunities to increase efficiencies in procurement processes, procurement documentation and business collaboration.
Have detailed knowledge of the key components of the Procurement and Supplier Management Lifecycle
Have a proven track record of Procurement work, ideally within regulated Financial Services environments
Have strong interpersonal skills with the ability to manage challenges with a professional approach
Are clear and concise communicators in writing and speech with welldeveloped negotiation skills