The Procurement Specialist is responsible to understand spend within assigned categories and (with budget stakeholder engagement) develop and implement sourcing strategies to ensure uninterrupted, cost effective supply of the goods & services necessary to support the business goals and operations. The role typically comprises 35% tactical and 65% strategic procurement.
The candidate will develop an understanding of the assigned category spend, the market for the products and services purchased, and identify the factors which influence availability and pricing (know the buy) ensuring that significant market changes are anticipated, managed and communicated. As part of targeted projects, you will negotiate and deliver price and supply conditions ensuring commercial terms are optimized, supply maintained, contracts implemented and managed as appropriate and agreed with business stakeholders.
Developing supplier performance metrics and measures to ensure ongoing quality and consistency of products and services, providing project cost benefit analysis, providing information regarding the competition, potential entrants, pricing initiatives and quality, service, price or new offerings/opportunities will also be part of the job. The procurement Specialist will demonstrate, lead and encourage best practice within the procurement process: vendor selection, specifications, tender & negotiation process/policy, business award, contracts implementation and maintenance etc.