At a Glance
- Tasks: Support procurement projects and deliver savings strategies for clients across various industries.
- Company: Join Alvarez & Marsal, a global consulting firm with a vibrant culture.
- Benefits: Enjoy competitive pay, continuous learning, and a focus on your well-being.
- Other info: Dynamic workplace with endless growth opportunities and a fun team spirit.
- Why this job: Make a real impact in a collaborative environment while developing your career.
- Qualifications: 4-8 years in procurement with strong strategic sourcing skills.
The predicted salary is between 51750 - 63250 £ per year.
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with over 11,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.
About the role
The procurement team is an integral part of the PEPI practice and helps A&M provide a world class pre-deal diligence, post deal value creation strategy and savings implementation service for our clients across all industry sectors. We are looking for experienced procurement practitioners with a strong background in strategic sourcing and value delivery in either corporate or private equity environments. Experience in pre-deal diligence would be desirable.
As a Senior Associate / Associate (m/f/d) in the PEPI Procurement team, you will concentrate on supporting the wider PEPI team on undertaking pre-deal diligence (both buy and sell side) and savings delivery.
Key Responsibilities
- Overseeing the procurement elements of wider buy and sell side pre deal diligence: summarizing the procurement opportunity, benefit range and levers, providing the analytical pathway and evidence to support the findings.
- Managing the implementation of post deal savings delivery projects: building sourcing strategies, executing delivery and signing off savings.
- Being a key part of the PEPI procurement team: Managing and delivering projects, participating in new business development, developing junior members of the team, engaging with the GCC to build a world class technical, analytical and research service to support the delivery team.
Skills and Experiences
- A degree from an accredited university (Procurement specific related certifications are of interest).
- Around 4-8 years of experience in procurement or strategic sourcing, with a track record of managing complex procurement programs.
- Experience in some or all of the following sectors would be desirable: industrials / manufacturing, chemicals / process industries, IT & technology services, healthcare and CRG.
- Sourcing experience in a selection of categories: metals, packaging, chemicals, manufacturing services, food products, logistics, CDMO and IT would be especially desirable.
- A specific understanding of the key cost drivers and savings levers pertaining to the categories including such insights as global supply options and routes to value.
- Data analysis – assimilated large volumes of often unstructured data and building relevant insights and hypotheses.
- Preparing for and executing supplier negotiations.
- Experience in building logical, fact-based documents (such as sourcing strategies, value creation plans and savings implementation plans).
- Confident in engaging with senior client stakeholders and presenting.
- Evidence of the process of selling consulting services would be desirable.
- Fluency in English is essential, additional European language skills are more than welcome.
Your journey at A&M
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career. We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
Sr. Associate/Associate - Procurement in London employer: Alvarez & Marsal Deutschland GmbH
Alvarez & Marsal is an exceptional employer that fosters a dynamic and inclusive work culture, offering employees the chance to engage in meaningful projects that shape compensation strategies across the UK and Europe. With a strong emphasis on professional development, team collaboration, and compliance with industry standards, you will find ample opportunities for growth and advancement in your career. Located in a vibrant city, the firm provides a supportive environment where your contributions are valued and recognised.
Contact Details:
Alvarez & Marsal Deutschland GmbH Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Sr. Associate/Associate - Procurement 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 Alvarez & Marsal Deutschland GmbH.
✨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 Sr. Associate/Associate - Procurement 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 Alvarez & Marsal Deutschland GmbH:Your cover letter should read like you’re chatting directly to Alvarez & Marsal Deutschland GmbH. 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 Alvarez & Marsal Deutschland GmbH.
How to prepare for a job interview at Alvarez & Marsal Deutschland GmbH
✨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 Alvarez & Marsal Deutschland GmbH!
✨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 Alvarez & Marsal Deutschland GmbH. 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 Alvarez & Marsal Deutschland GmbH's culture.
