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Procurement Analyst

£12 - £20 per hour
Location

London

Contract type

Full Time

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Advantage Resourcing is seeking candidates to apply for 2 x Procurement Analyst roles for a 5 month contract position.

This will be a remote role, however some travel to London and Birmingham may be required.

The Procurement team is a team of 7 who create purchase orders for our business units and make sure we buy goods and services quickly and simply for ourselves and our customers.

We are in the early stages of transforming the capability of the function from transactional to strategic.

There are a number of fundamental activities we need to action quickly to really kick start this transformation and they all involve the collection and analysis of contracts, vendor data and spend information.

We also have a very key initiative that involves the detailed analysis of potential savings opportunities that have already been identified at a high level. We need to dig into the detail and build a short, medium and long term savings opportunity pipeline, taking immediate action on opportunities we can make the most of in the short term.

What you will be doing:

  • Building and populating a contract register which will be used in the future to upload into a new contract management system. This includes reaching out to business stakeholders to obtain contract copies and other relevant information, analysing high level vendor spend data and gathering further detail to help understand our contractual positions with vendors including expiry dates, risks and obligations.
  • Creating a vendor categorisation hierarchy, building on from our basic classifications.
  • Building and populating a structured temporary contract repository.
  • Analysing specific cost saving opportunities. Digging into the detail behind the high level information we already have, to understand if the opportunity is real and to understand the potential timeline.
  • Creating an opportunity plan (short/medium/long term) based on the information gathered on vendors and contracts.
  • Performing market analysis and benchmarking for vendors and contracts that are identified as savings opportunities in the short term, so we can maximise the opportunity quickly.

What you will have:

  • Some experience of working within a procurement and vendor management function (procurement analyst or similar)
  • Ability to gather and analyse information from a variety of sources, and to interpret technical and financial data.
  • Some experience with vendor/contract data and shared document storage areas.
  • An understanding of common contract constructs, the ability to interpret risk and to extract important obligations.
  • Ability to read situations and build rapport with a variety of business stakeholders.
  • Confidence to challenge current thinking.
  • Ability to work proactively with little supervision and at pace.
  • PC literate with strong knowledge of standard Microsoft products, especially excel

Please apply now to be considered for this vacancy.

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By applying a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.

By applying a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.

Apply now in a few quick clicks

By applying a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.

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