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- Tasks: Lead procurement strategies and manage contracts to maximize savings.
- Company: Join ARM, a specialist in talent acquisition and resource solutions.
- Benefits: Competitive salary, professional development opportunities, and a dynamic work environment.
- Why this job: Make an impact by optimizing procurement processes and collaborating with stakeholders.
- Qualifications: MCIPS qualification or equivalent, strong negotiation skills, and contract management experience required.
- Other info: This is a permanent position based in London.
The predicted salary is between 50000 - 60000 £ per year.
Commercial Procurement Manager
Location: London
Type: Permanent
Salary: £50,000 – £60,000
ARM are delighted to be supporting one of our clients with the recruitment of a Commercial Procurement Manager on a permanent basis.
The Commercial Procurement Manager is responsible for supporting all stakeholders including external contractual commitments and identifying high value for money savings.
Responsibilities:
- Conduct market analysis and engage in initial market dialogue, where appropriate.
- Develop cost models for input into any bids or sales contract proposals.
- Develop a procurement strategy which requires consideration of existing and/or collaborative contracts.
- Ensure that all end-to-end procurement processes (tender, order from framework etc.) are compliant with relevant legal and policy obligations.
- Understand and comply with relevant legal obligations PRC2015 and Procurement Regulations 2024.
- Ensure that procurement decisions take account of wider policy requirements and align against organisational objectives.
- Prepare and finalise the contractual agreement and formal contract documentation.
- Ensure that robust contract and supplier management arrangements are in place.
- Negotiate, deliver and communicate contract and framework agreements.
Requirements:
- Qualified or working towards MCIPS professional qualification or equivalent.
- Detailed knowledge and understanding of PRC 2015 and Procurement Act 2023/Procurement Regulations 2024.
- Computer literate with the ability to assimilate new business systems.
- Experience of effectively managing end to end procurements and commercial agreements.
- Experience in preparing, reviewing and agreeing contract terms and commercial schedules.
- Negotiation skills including experience of commercial negotiations.
- Contractual knowledge and experience including a wide range of contract conditions.
- Experience of developing and implementing policy and procedures as well as new ways of thinking and working.
This vacancy is being advertised by Advanced Resource Managers. ARM is a specialist talent acquisition and management consultancy. We provide technical contingency recruitment and a portfolio of more complex resource solutions.
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Commercial Procurement Manager employer: Advanced Resource Managers Ltd
Contact Detail:
Advanced Resource Managers Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Procurement Manager
✨Tip Number 1
Familiarize yourself with the latest trends in procurement and market analysis. This will not only help you during interviews but also demonstrate your proactive approach to understanding the industry.
✨Tip Number 2
Network with professionals in the procurement field, especially those who have experience with PRC 2015 and the Procurement Regulations 2024. Engaging in discussions can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed end-to-end procurements and commercial agreements in the past. Highlighting your negotiation skills and outcomes will set you apart from other candidates.
✨Tip Number 4
Stay updated on any changes in procurement legislation and policies. Being knowledgeable about current regulations will show your commitment to compliance and your ability to align procurement strategies with organizational objectives.
We think you need these skills to ace Commercial Procurement Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Commercial Procurement Manager position. Highlight key responsibilities and requirements that align with your experience.
Tailor Your CV: Customize your CV to reflect relevant experience in procurement, contract management, and negotiation skills. Use specific examples that demonstrate your ability to manage end-to-end procurements effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the procurement process and your qualifications. Mention your MCIPS qualification or equivalent and how it relates to the role.
Highlight Relevant Achievements: In both your CV and cover letter, include quantifiable achievements related to cost savings, successful negotiations, or policy implementation that demonstrate your capability as a Commercial Procurement Manager.
How to prepare for a job interview at Advanced Resource Managers Ltd
✨Showcase Your Procurement Knowledge
Make sure to highlight your understanding of PRC 2015 and the Procurement Regulations 2024 during the interview. Discuss specific examples where you've successfully navigated these regulations in past roles.
✨Demonstrate Your Negotiation Skills
Prepare to discuss your negotiation experiences in detail. Share specific instances where you negotiated contracts or agreements, focusing on the strategies you used and the outcomes achieved.
✨Discuss Your Market Analysis Experience
Be ready to talk about how you've conducted market analysis in previous positions. Provide examples of how this analysis informed your procurement strategies and led to cost savings.
✨Align with Organizational Objectives
Understand the company's goals and be prepared to explain how your procurement strategies can align with and support these objectives. This shows that you are not only focused on procurement but also on the bigger picture.
