Sourcing Manager

Sourcing Manager

Wellingborough Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: As a Sourcing Manager, you'll optimise third-party spend and collaborate on strategic sourcing.
  • Company: Join Barclays, a leading global bank committed to innovation and excellence.
  • Benefits: Enjoy flexible working options, competitive salary, and opportunities for professional growth.
  • Why this job: Make an impact in a dynamic environment while developing valuable skills in procurement and negotiation.
  • Qualifications: Experience in sourcing management and stakeholder engagement is essential; CIPS certification is a plus.
  • Other info: This role is available in Knutsford, Manchester, Northampton, or Glasgow.

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

Join us as a Sourcing Manager at Barclays, where you will optimise and address Barclays 3rd party spend requirements, including the definition, development and implementation of approaches for relevant spend categories and requirements. You will work in close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.

To be successful as a Sourcing Manager, you should have experience with:

  • Sourcing Management/Category Management/Procurement Experience
  • Business and commercial acumen
  • Stakeholder management

Some other highly valued skills may include:

  • Negotiation and Contracts experience
  • Working with Vendor Management Systems/Regulated Industry Experience
  • CIPS Certified or working towards CIPs or similar

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills. This role can be based out of Knutsford, Manchester, Northampton or Glasgow.

Purpose of the role: To optimise and address Barclays 3rd party spend requirements, including the definition, development and implementation of approaches for relevant spend categories and requirements with close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.

Accountabilities:

  • Profile spend in category area and develop understanding of business strategy, business requirements, cost levers and opportunities.
  • Collaboration with internal stakeholders to identify sourcing needs, develop requests for proposal and ensure sourcing activities align to the banks needs and priorities.
  • Planning and execution of sourcing events including RFP/RFXs, negotiations to best meet the business requirements for value, speed, compliance, risk.
  • Monitoring and guiding of controls and compliance requirements to be met through the category and sourcing cycle from request to contract, including regulatory engagement, controls, audits, data quality etc.
  • Development, implementation and operation of policies and procedures for sourcing activities aligned to the policies, standards, relevant compliance and regulation.
  • Identification and delivery of change opportunities to improve effectiveness, control and efficiency of sourcing processes including buying channel optimisation for relevant categories of spend (catalogues, demand challenge etc.).
  • Identification of industry trends and development related to sourcing and category management by attending conferences, participating in training, and conducting market research on techniques and tools.

Assistant Vice President Expectations:

  • To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
  • Collaborate closely with other functions/business divisions.
  • Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.
  • Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
  • If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard.
  • The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
  • For an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identifying the need for the inclusion of other areas of specialisation to complete assignments.
  • They will identify new directions for assignments and/or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
  • Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
  • Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
  • Take ownership for managing risk and strengthening controls in relation to the work done.
  • Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
  • Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
  • Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practices (in other areas, teams, companies, etc.) to solve problems creatively and effectively.
  • Communicate complex information.
  • Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.

Sourcing Manager employer: Northampton Business Directory

At Barclays, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Sourcing Manager based in vibrant locations like Knutsford, Manchester, Northampton, or Glasgow, you will benefit from comprehensive professional development opportunities, competitive remuneration, and a commitment to work-life balance. Join us to be part of a team that values respect, integrity, and excellence, while empowering you to drive meaningful change within the organisation.
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Contact Detail:

Northampton Business Directory Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Sourcing Manager

✨Tip Number 1

Familiarise yourself with the latest trends in sourcing and procurement. Attend industry conferences or webinars to gain insights and network with professionals in the field. This will not only enhance your knowledge but also demonstrate your commitment to staying updated, which is crucial for a Sourcing Manager role.

✨Tip Number 2

Develop strong relationships with potential stakeholders within Barclays. Reach out on professional networking platforms like LinkedIn to connect with current employees in similar roles. Engaging with them can provide you with valuable insights into the company culture and expectations, making you a more attractive candidate.

✨Tip Number 3

Brush up on your negotiation skills, as this is a key aspect of the Sourcing Manager position. Consider taking a short course or workshop focused on negotiation tactics. Being able to showcase your improved skills during interviews can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss specific examples of how you've successfully managed sourcing projects in the past. Use the STAR method (Situation, Task, Action, Result) to structure your responses. This will help you articulate your experience effectively and demonstrate your capability to handle the responsibilities of the role.

We think you need these skills to ace Sourcing Manager

Sourcing Management
Category Management
Procurement Experience
Business Acumen
Commercial Acumen
Stakeholder Management
Negotiation Skills
Contract Management
Vendor Management Systems
Regulated Industry Experience
CIPS Certification or Progression
Risk Management
Change Management
Strategic Thinking
Digital and Technology Proficiency
Data Analysis
Market Research
Policy Development
Compliance Monitoring
Leadership Skills
Coaching and Mentoring

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in sourcing management, category management, and procurement. Use specific examples that demonstrate your business acumen and stakeholder management skills.

Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in the Sourcing Manager position at Barclays. Mention how your negotiation and contract experience aligns with their needs, and express your understanding of the importance of compliance and risk management in sourcing.

Showcase Relevant Skills: Clearly outline any certifications such as CIPS or similar qualifications in your application. Highlight your experience with vendor management systems and your ability to identify industry trends related to sourcing and category management.

Demonstrate Leadership Qualities: If applicable, provide examples of how you've led teams or projects in the past. Emphasise your ability to coach others and your experience in influencing decision-making processes, as these are key expectations for the role.

How to prepare for a job interview at Northampton Business Directory

✨Understand the Role and Requirements

Before the interview, make sure you thoroughly understand the responsibilities of a Sourcing Manager at Barclays. Familiarise yourself with key terms like strategic sourcing, RFPs, and vendor management systems, as well as the specific skills mentioned in the job description.

✨Showcase Your Stakeholder Management Skills

Prepare examples from your past experiences where you've successfully managed stakeholders. Highlight how you identified their needs and aligned sourcing activities to meet business priorities, as this is crucial for the role.

✨Demonstrate Your Negotiation Expertise

Be ready to discuss your negotiation strategies and experiences. Share specific instances where you achieved favourable outcomes through effective negotiation, as this will showcase your ability to deliver value in sourcing.

✨Align with Barclays Values and Mindset

Familiarise yourself with Barclays' values of Respect, Integrity, Service, Excellence, and Stewardship. Be prepared to discuss how you embody these values in your work and how you can contribute to the Barclays mindset of Empower, Challenge, and Drive.

Sourcing Manager
Northampton Business Directory
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