Procurement Specialist (SaaS)
Procurement Specialist (SaaS)

Procurement Specialist (SaaS)

London Temporary 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Procurement Specialist, managing global sourcing and vendor relationships.
  • Company: We're a leading global SaaS company focused on innovation and growth.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional development and networking.
  • Why this job: Make an impact by driving cost savings and efficiencies while collaborating with diverse teams.
  • Qualifications: 5-7 years of sourcing experience and a Bachelor's degree in Business or related field required.
  • Other info: We value diversity and encourage applicants from all backgrounds to apply.

The predicted salary is between 43200 - 72000 £ per year.

A global SaaS company is looking for an experienced Procurement Specialist to join their team on an initial 18-month assignment. The Procurement Specialist will be responsible for the execution of purchase requisitions in support of global sourcing activities and initiatives across one or more categories in Marketing, Services, and/or Technology. This role will serve as a contact point responsible for building and managing relationships with key business owners and suppliers and will be required to execute/identify global strategic sourcing initiatives, drive cost savings, and identify and impact efficiencies that support growth strategies within the respective departments supported. This role also requires the execution of sourcing strategies, with an equal emphasis placed on the ability to identify, analyze, and quantify opportunities as well as the ability to manage RFI and RFPs and handle vendor negotiations.

Responsibilities:

  1. Strategic Sourcing/Procurement Process Execution and Project Management

Provide category expertise and leverage that understanding to determine potential sources of supply, determine capabilities of suppliers’ product and service offerings, and relate offerings to stakeholder needs.

Determine the right sourcing process considering bidding approach, formal and informal negotiations, and structure process to resolve conflicts and build consensus.

Drive project activity across several cross-functional teams through communication of expectations, decisions, changes, enforcement of deadlines, and creation and evaluation of deliverables.

Define data needed to meet objectives and develop an effective plan for gathering it (including spend, contracts, supplier information, stakeholder insights, current state process & tools).

Utilize analysis to solve business problems. Draw conclusions and insights that are not immediately obvious.

Gather, analyze, and document requirements using interviews, document analysis, requirements workshops, surveys, site visits, business process descriptions, use cases, business analysis, and task and workflow analysis.

Lead and manage RFI/RFQ/RFPs from start to finish, which includes creation, issuance, and facilitation of the entire process, through vendor evaluations (using scorecards) and vendor selection.

Direct the negotiation of medium complexity, enterprise-wide, strategic supplier partners.

Manage issues & risks and communicate to management. Consult with senior management and project management experts as needed.

Skills/Experience:

  1. Experience with ERP and Source-to-Pay tools
  2. Experience developing and/or presenting business cases
  3. Bachelor’s degree in Business or other quantitative discipline
  4. 5-7 years of sourcing experience (e.g., RFI/RFQ/RFP, reverse auctions, interests-based direct negotiations)
  5. Experience negotiating with suppliers
  6. Experience in contract development, administration, and/or management
  7. Experience managing multiple simultaneous projects in a fast-paced environment
  8. Experience in negotiating deals with global vendors
  9. Experience in managing global vendor relationships
  10. Solid financial and/or quantitative modeling
  11. Comfort with written and verbal communication of quantitative and qualitative information with executives
  12. Availability to directly support and interact with multiple local/international business units

Desired Skills:

  1. A proven track record of cost reduction and productivity improvements; ability to influence and drive change while building solid relationships with your internal clients and external vendors
  2. Internal or external business consulting experience highly desired
  3. Knowledge and interest in key sourcing areas such as: Marketing Services, Professional Services and Consulting, Technology and Engineering Services, Workplace Services (Facilities), Customer Success and Care
  4. Knowledge of global supply base
  5. Strong analytical skills; MS Excel proficient; financial modeling preferred
  6. Strong written and communication skills; MS PowerPoint, MS Word proficient
  7. Ability to work independently as well as lead and participate in cross-functional teams
  8. Ability to collaborate in a team environment
  9. Awareness of best practices regarding vendor management (e.g., strategic alliances, supplier certification, etc.)
  10. Excellent documentation and requirements analysis
  11. Attention to detail and ability to analyze complex data

Huntress Search Ltd acts as a Recruitment Agency in relation to all Permanent roles and as a Recruitment Business in relation to all Temporary roles.

We practice a diverse and inclusive recruitment process that ensures equal opportunity for all we work with, irrespective of race, sexual orientation, mental or physical disability, age, or gender. As an organisation, we encourage applications from all backgrounds and will ensure measures are met when required, to allow a fair process throughout.

PLEASE NOTE: We can only consider applications from candidates who have the right to work in the UK.

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Procurement Specialist (SaaS) employer: TieTalent

Join a leading global SaaS company that values innovation and collaboration, offering a dynamic work environment where your expertise as a Procurement Specialist will directly contribute to strategic sourcing initiatives and cost-saving measures. With a strong emphasis on employee growth, we provide ample opportunities for professional development and cross-functional teamwork, all while fostering a diverse and inclusive culture. Located in the UK, our team thrives on building meaningful relationships with key stakeholders and suppliers, ensuring that your contributions are recognized and impactful.
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Contact Detail:

TieTalent Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Procurement Specialist (SaaS)

✨Tip Number 1

Familiarize yourself with the latest trends in SaaS procurement. Understanding the unique challenges and opportunities in this sector will help you stand out during interviews and discussions.

✨Tip Number 2

Network with professionals in the procurement field, especially those who have experience in SaaS. Engaging with industry peers can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss specific examples of your past successes in cost reduction and vendor management. Being able to quantify your achievements will demonstrate your value to potential employers.

✨Tip Number 4

Stay updated on ERP and Source-to-Pay tools. Familiarity with these systems is crucial for the role, and showcasing your knowledge can give you an edge over other candidates.

We think you need these skills to ace Procurement Specialist (SaaS)

Strategic Sourcing
Procurement Process Execution
Project Management
Category Expertise
Supplier Relationship Management
RFI/RFQ/RFP Management
Vendor Negotiation
Cost Reduction Strategies
Financial Modeling
Data Analysis
Communication Skills
Cross-Functional Team Leadership
ERP and Source-to-Pay Tools Proficiency
Attention to Detail
Documentation and Requirements Analysis

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Procurement Specialist position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasize your experience with sourcing, vendor negotiations, and project management. Use specific examples that demonstrate your ability to drive cost savings and manage supplier relationships.

Showcase Analytical Skills: Since the role requires strong analytical skills, be sure to include any relevant experience with data analysis, financial modeling, or using ERP and Source-to-Pay tools. Mention specific projects where you utilized these skills.

Craft a Compelling Cover Letter: Write a cover letter that not only summarizes your qualifications but also expresses your enthusiasm for the role and the company. Make sure to connect your background with the company's goals and values, particularly in relation to strategic sourcing and procurement.

How to prepare for a job interview at TieTalent

✨Showcase Your Procurement Expertise

Be prepared to discuss your experience with sourcing strategies, particularly in the areas of Marketing, Services, and Technology. Highlight specific examples where you've successfully executed RFI/RFQ/RFP processes and how you managed vendor negotiations.

✨Demonstrate Analytical Skills

Since the role requires strong analytical capabilities, come equipped with examples of how you've used data analysis to solve business problems. Be ready to explain your approach to gathering and interpreting data to support procurement decisions.

✨Emphasize Relationship Management

This position involves building relationships with key stakeholders and suppliers. Prepare to share instances where you've effectively managed these relationships and how you've influenced change while maintaining solid partnerships.

✨Prepare for Project Management Questions

Given the need to drive project activity across cross-functional teams, be ready to discuss your project management experience. Talk about how you've communicated expectations, enforced deadlines, and evaluated deliverables in a fast-paced environment.

Procurement Specialist (SaaS)
TieTalent
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  • Procurement Specialist (SaaS)

    London
    Temporary
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-03-14

  • T

    TieTalent

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