At a Glance
- Tasks: Lead a team in sourcing market data and develop global strategies.
- Company: Join a dynamic global procurement team at 1st Executive in London.
- Benefits: Competitive salary, career growth, and the chance to innovate.
- Other info: Collaborative environment with opportunities to work with senior stakeholders.
- Why this job: Make an impact by managing key market data categories and driving cost efficiency.
- Qualifications: Experience in procurement and strong negotiation skills required.
The predicted salary is between 60750 - 74250 £ per year.
1st Executive is seeking a Procurement Sourcing Lead – Market Data to join its global procurement team in London. You will lead a small team, set priorities, and own two sub-categories within Market Data: terminals/desktop services and data feeds, among others.
You’ll develop global category strategies and manage end-to-end sourcing from opportunity assessment through negotiation and contract execution, partnering with senior stakeholders to deliver measurable cost, quality and innovation.
Global Market Data Sourcing Lead in London employer: 1st Executive
As a Senior IT Supplier Manager in Leeds, you'll join a dynamic and supportive work culture that values innovation and collaboration. The company offers competitive compensation, including bonuses and a comprehensive benefits package, while providing ample opportunities for professional growth and development within a large, complex organisation. With a focus on strategic influence and genuine ownership of supplier relationships, this role is perfect for those looking to make a meaningful impact in the technology sector.
StudySmarter Expert Advice🤫
We think this is how you could land Global Market Data Sourcing Lead in London
✨Get Savvy with Industry Perks
Join procurement and purchasing forums or groups where pros hang out, like CIPS (Chartered Institute of Procurement & Supply). They'll share the inside scoop on job openings that might not show up on traditional job boards!
✨Show Off Your Skills
Consider creating a portfolio that outlines your achievements in procurement, like cost-saving initiatives or supplier management strategies. Having tangible evidence of your skills can really set you apart when applying to companies like 1st Executive.
✨Tap into Your Network
Leverage LinkedIn to connect with professionals in procurement—follow relevant hashtags, join groups, and engage in discussions. This is a great way to get noticed by potential employers before they even post a job!
✨Keep Your Eyes on Job Boards
With full-time positions, timing can be everything. Set alerts on job boards specifically for procurement roles. Don't wait for a job posting to close; apply through our website as soon as you see a fit—being proactive can give you the edge!
We think you need these skills to ace Global Market Data Sourcing Lead in London
Some tips for your application 🫡
Show Off Your Procurement Know-How:When you're crafting your CV, make sure to highlight any procurement-specific skills you've got. Talk about your experience with supplier negotiations, cost analysis, or inventory management. If you’ve used software like SAP or Oracle, don’t forget to mention that too – it shows you know your way around the tech side of things!
Quantify Your Achievements:In procurement, numbers matter. Use your CV and cover letter to showcase any quantifiable achievements you've made in reducing costs or improving efficiencies. For example, mentioning that you helped save 20% on purchasing costs last year is way more impressive than just saying you managed the budget!
Tailor Your Cover Letter to 1st Executive:Your cover letter should read like you’re chatting directly to 1st Executive. Research the company’s procurement strategy, mention how your skills align with their goals, and share your enthusiasm for contributing to their success. This personal touch can really set you apart from the crowd!
Professional Certs Can Go a Long Way:If you've got any procurement-related certifications, such as CIPS or APICS, make sure they're front and centre on your CV. These qualifications show you're serious about your career in procurement and are committed to continuous learning. It’s a great way to signal your expertise and dedication to potential employers like 1st Executive.
How to prepare for a job interview at 1st Executive
✨Show Off Your Negotiation Skills
In procurement, strong negotiation skills are key. Be ready to share examples of past negotiations where you've successfully saved costs or improved supplier terms. We want to hear how you approached those situations and the strategies you used to achieve positive outcomes!
✨Know Your Tools
Make sure you’re familiar with procurement software and tools commonly used in the industry, such as SAP Ariba or Coupa. Come prepared to discuss any experiences you've had with these tools or similar platforms, as we need someone who can hit the ground running at 1st Executive!
✨Understand Market Trends
As a procurement professional, being aware of market trends can set you apart. Brush up on recent developments in supply chain management or procurement best practices and think about how they could impact your role at 1st Executive. Bringing a current perspective will show your enthusiasm for the industry.
✨Demonstrate Your Team Player Attitude
A full-time position means you'll be working closely with various teams. Be prepared to discuss how you collaborate with others, manage conflicts, and build relationships with stakeholders. Sharing anecdotes about past teamwork experiences will highlight your ability to fit into 1st Executive's culture.
