Procurement Manager

Posted 2 days 15 hours ago by Reed

£400 - £500 Daily
Temporary
Not Specified
Other
London, United Kingdom
Job Description

Procurement Manager

This role is responsible for managing indirect procurement activities across a range of categories (Professional Services), partnering closely with stakeholders to meet business requirements while driving cost efficiencies.

The position involves leading end-to-end sourcing processes using appropriate procurement methodologies (such as RFI, RFQ, and RFP) to ensure the selection of suitable suppliers. The role also focuses on developing data-led sourcing strategies, driving commercial negotiations, and supporting strategic decision-making across the organisation.

Key Responsibilities

  • Manage indirect procurement categories by working collaboratively with internal stakeholders to deliver value and support business objectives.
  • Lead sourcing initiatives using structured procurement processes (RFI, RFQ, RFP), ensuring robust supplier selection.
  • Develop and implement data-driven sourcing and negotiation strategies, including cost modelling and spend analysis.
  • Evaluate supplier risk and performance to enable informed and strategic procurement decisions.
  • Oversee contract lifecycle management, including renewals, amendments, and terminations, ensuring compliance with internal policies.
  • Build and maintain strong supplier relationships to enhance performance, innovation, and long-term value.
  • Conduct market research and supplier benchmarking to identify trends, opportunities, and competitive positioning.
  • Establish and monitor supplier KPIs to ensure delivery against agreed outcomes.
  • Support procure-to-pay (P2P) processes via an ERP system and resolve invoice-related queries.
  • Maintain accurate procurement documentation, trackers, and systems.
  • Manage shared communication channels, ensuring timely and accurate responses to stakeholders.
  • Support audit activities by providing required procurement and compliance information.
  • Contribute to the development and continuous improvement of procurement policies, processes, and systems.
  • Drive process optimisation through the use of automation and emerging technologies.
  • Provide guidance, coaching, and support to team members to enhance performance and engagement.

Qualifications & Experience

  • Degree level education or equivalent professional experience.
  • Significant experience in indirect procurement, including leading sourcing activities.
  • Demonstrated ability to deliver cost savings through strategic procurement initiatives.
  • Experience managing relationships with senior stakeholders.
  • Strong background in commercial negotiations and contract management.
  • Exposure to international procurement environments is advantageous.
  • Experience with ERP systems (e.g. Oracle or similar) is beneficial but not essential.

Skills & Competencies

  • Ability to manage new and evolving procurement categories.
  • Strong organisational and prioritisation skills, with the ability to meet deadlines in a fast-paced environment.
  • Comfortable working independently and managing multiple competing priorities.
  • Effective stakeholder engagement, influencing, and communication skills.
  • Commercially minded with a proactive, solution-oriented approach
  • Proficiency in Microsoft Office tools (Excel, PowerPoint, Word, Outlook) and openness to adopting new technologies.