Procurement Analyst

Procurement Analyst

Derby Temporary 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support projects by analyzing supplier contracts and identifying cost-saving opportunities.
  • Company: Join AMS, a global leader in workforce solutions, driving innovation for a sustainable future.
  • Benefits: Enjoy a hybrid work model with flexible options and the chance to work on impactful projects.
  • Why this job: Be part of a dynamic team tackling real-world challenges in procurement and supply chain management.
  • Qualifications: Experience in procurement or supplier roles, strong data analysis skills, and excellent communication abilities required.
  • Other info: This is a 12-month contract based in Derby; applicants must operate via PAYE or Umbrella model.

The predicted salary is between 28800 - 43200 £ per year.

We are AMS. We are a global total workforce solutions firm; we enable organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solution (CWS) is one of our service offerings; we act as an extension of our clients' recruitment team and provide professional interim and temporary resources. We are looking for a number of Procurement Analysts on a 12-month contract based in Derby on behalf of our globally respected client who develop cutting-edge technologies that deliver clean, safe and competitive solutions to meet the planet's vital power needs. Please note this position is hybrid. Job description – the role As a Procurement Analyst you will be supporting the projects to achieve the business objectives and benefits, interacting with a wide scope of stakeholders across the group and various functions. This is a fast-paced dynamic programme, and we are looking for capable analysts with procurement experience. As a Procurement Analyst you will be responsible for: Supporting our contract excellence workstream, providing detailed analysis of supplier contracts, applying a series of levers and methods to identify contractual opportunities from both a cost leakage and cost reduction perspective. This may also help us address wider issues such as challenging headwinds and price increases as well as contracts which are up for negotiation of transfer to new suppliers. Gathering and assessing contract data such as should cost, CCW etc to support analysis and rationale. This should develop further analysis as well as utilising open-source data and information to populate content for negotiation. Creating supplier negotiation "fact packs", collating the analysis assessments into a series of information packs to enable buyers and GCMs to engage with suppliers. Communicating and collaborating with procurement and supply chain teams (i.e. buyers) to progress and execution of Third Party Spend opportunities. Working with the team and sponsors to develop the methodologies to sustain future contract analysis and progress- i.e., training/coaching others. This may involve the creation of training material, communication material and working with the PM to demonstrate performance and case studies of contract excellence achievements.What we require from the candidate: Experience working in procurement or supplier facing roles previously. Experience of data analysis, providing hypothesis and financial opportunities. You will have strong interpersonal, and people management skills and confident to talk to a wide range of stakeholders at various levels, functions, and areas of the business. Can work at pace with a level of pragmatism and tenacity. Transformational mindset, willing to look at alternative approaches and different ways of working, which may challenge the norms and context of today. Insatiable curiosity and happy to spend time reading and scrutinising contracts and data to draw conclusions for opportunities.Next steps If you are interested in applying for these Procurement Analyst positions and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course. Please note that due to recent changes in Off Payroll (IR35) legislation, our client only operates with contractors that operate via a PAYE or Umbrella model. We are unable to accept applications from candidates wishing to operate under their own Limited Company. AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business

Procurement Analyst employer: Alexander Mann Solutions - Contingency

At AMS, we pride ourselves on being an exceptional employer, offering a dynamic and supportive work environment in Derby. Our hybrid work model promotes flexibility, while our commitment to employee growth ensures that you will have ample opportunities for professional development and training. Join us to be part of a forward-thinking team that values innovation and collaboration, all while contributing to cutting-edge technologies that address the planet's vital power needs.
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Contact Detail:

Alexander Mann Solutions - Contingency Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Procurement Analyst

✨Tip Number 1

Familiarize yourself with the latest trends in procurement and supply chain management. Understanding current challenges, such as price increases and contract negotiations, will help you engage more effectively with stakeholders during interviews.

✨Tip Number 2

Highlight your experience with data analysis and financial opportunities. Be prepared to discuss specific examples where your analytical skills led to cost reductions or improved supplier contracts.

✨Tip Number 3

Demonstrate your interpersonal skills by preparing to share experiences where you've successfully collaborated with diverse teams. This role requires strong communication, so showcasing your ability to work with various stakeholders is key.

✨Tip Number 4

Showcase your transformational mindset by discussing instances where you've challenged the status quo. Employers value candidates who are willing to explore alternative approaches and innovate within their roles.

We think you need these skills to ace Procurement Analyst

Procurement Experience
Data Analysis
Contract Management
Financial Analysis
Stakeholder Engagement
Interpersonal Skills
Negotiation Skills
Attention to Detail
Problem-Solving Skills
Communication Skills
Training and Coaching
Adaptability
Curiosity
Project Management

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Procurement Analyst position. Understand the key responsibilities and required skills, such as data analysis and supplier negotiation.

Highlight Relevant Experience: In your CV and cover letter, emphasize your previous experience in procurement or supplier-facing roles. Provide specific examples of how you've successfully analyzed contracts or identified cost-saving opportunities.

Showcase Analytical Skills: Demonstrate your analytical abilities by discussing any relevant projects where you gathered and assessed contract data. Mention tools or methods you used to derive insights and support decision-making.

Tailor Your Application: Customize your application materials to reflect the language and values of AMS. Use keywords from the job description to ensure your application resonates with the hiring team.

How to prepare for a job interview at Alexander Mann Solutions - Contingency

✨Understand the Procurement Landscape

Familiarize yourself with the current trends and challenges in procurement, especially in relation to cost reduction and supplier negotiations. This will help you demonstrate your knowledge and show that you're proactive about industry developments.

✨Prepare for Data Analysis Questions

Since the role involves significant data analysis, be ready to discuss your experience with data interpretation and how you've used it to identify financial opportunities. Bring examples of past analyses you've conducted and the outcomes they produced.

✨Showcase Your Interpersonal Skills

The job requires strong communication with various stakeholders. Prepare to share examples of how you've successfully collaborated with teams or managed relationships in previous roles, highlighting your ability to engage with different levels of an organization.

✨Demonstrate a Transformational Mindset

Be prepared to discuss how you've approached challenges with innovative solutions in the past. Highlight your willingness to explore alternative methods and how this has led to successful outcomes in your previous procurement experiences.

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