At a Glance
- Tasks: Lead strategic sourcing projects and develop procurement strategies for a luxury brand.
- Company: Join Ralph Lauren, a global leader in premium lifestyle products.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Exciting opportunity for career advancement in a renowned global brand.
- Why this job: Be part of a dynamic team driving innovation and sustainability in luxury retail.
- Qualifications: Experience in procurement and a passion for the retail industry.
The predicted salary is between 45000 - 55000 £ per year.
Company Description
Ralph Lauren Corporation (NYSE: RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality.
For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets.
The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all.
We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Company Description
Ralph Lauren Corporation (NYSE: RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality.
For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets.
The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all.
We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Position Overview
The Ralph Lauren Procurement Team is looking for an enthusiastic, proactive and motivated Senior Procurement Analyst to play a critical role in driving value across non-merchandise procurement spend in the EMEA region.
Working closely with business stakeholders, the role supports the development and execution of procurement strategies that balance cost optimisation, quality, service excellence, supplier innovation, sustainability, and risk mitigation, while preserving the elevated standards expected within a global luxury retail environment.
This is an excellent opportunity for a junior procurement professional to join a small, established procurement team at one of the world's great lifestyle brands during a time of growth and transformation.
Essential Duties & Responsibilities
- Strategic Sourcing & Category Support
- Support and lead strategic sourcing projects across indirect procurement categories including
- Conduct market research and supply market analysis.
- Develop sourcing recommendations based on commercial, operational, and risk considerations.
- Support RFIs, RFPs, RFQs, and e-auction activities.
- Analyse bids and develop supplier evaluation models.
- Prepare negotiation strategies and commercial recommendations.
- Drive supplier consolidation and standardisation initiatives where appropriate.
- Contract preparation, negotiation and management.
- Spend Analytics & Procurement Intelligence
- Develop and maintain spend analytics dashboards and reports.
- Analyse procurement trends, cost drivers, inflation impacts, and supplier performance metrics.
- Identify cost reduction, value engineering, and demand management opportunities.
- Monitor category spend against budgets and savings targets.
- Produce executive-level procurement insights and recommendations.
- Supplier Relationship Management
- Support the management of strategic suppliers and preferred vendor programmes.
- Monitor supplier KPI and SLA performance.
- Coordinate supplier business reviews and performance evaluations.
- Identify supplier innovation opportunities.
- Assist in resolving supplier performance issues and escalations.
- Stakeholder Management
- Build trusted partnerships with internal stakeholders globally.
- Challenge stakeholder requirements constructively to optimise commercial outcomes.
- Support budget planning and forecasting discussions.
- Provide procurement guidance and best-practice recommendations.
Experience, Skills & Knowledge
- Role requires travel domestically / abroad
- Understanding of end-to-end procurement process as well as using procurement systems (Ariba, Workday or similar)
- Experience working in Retail (ideally in a luxury brand) considered an asset
- Education or equivelant Bachelor's Degree in business, or a related field preferred
- Professional certifications are an asset (CIPS etc.)
- Category-specific Strategic Sourcing experience considered an asset
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Ralph Lauren Senior Sourcing Analyst employer: BoF Careers
BoF Careers is an excellent employer, offering a dynamic work environment that fosters collaboration and innovation. With a strong focus on employee growth, the company provides opportunities for professional development while maintaining a supportive culture that values work-life balance through its hybrid working model. Located in Watford, employees benefit from proximity to London, enhancing both their professional network and personal experiences.
StudySmarter Expert Advice🤫
We think this is how you could land Ralph Lauren Senior Sourcing Analyst
✨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 BoF Careers.
✨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 Ralph Lauren Senior Sourcing Analyst
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 BoF Careers:Your cover letter should read like you’re chatting directly to BoF Careers. 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 BoF Careers.
How to prepare for a job interview at BoF Careers
✨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 BoF Careers!
✨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 BoF Careers. 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 BoF Careers's culture.
