Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead supplier relationships and implement sourcing strategies for a global healthcare company.
- Company: Join Broadstone Resourcing, a top financial recruitment agency in London.
- Benefits: Enjoy competitive salary, bonuses, and hybrid work options.
- Why this job: Make an impact by managing global supplier relations and driving business objectives.
- Qualifications: Bachelor's degree in relevant fields and experience in sourcing or supply chain required.
- Other info: This is a mid-senior level full-time role with opportunities for growth.
The predicted salary is between 43200 - 72000 £ per year.
My client, a global healthcare company based in Central London, is looking to recruit a Sourcing & Supplier Relations Lead. The successful candidate will manage supplier relationships, implement sourcing strategies and processes to support key business objectives related to product cost, supply, and member needs. This is an exceptional opportunity for someone who will develop and maintain global relationships with international suppliers and internal stakeholders.
Key responsibilities:
- Responsible for building and maintaining relationships with select US and internationally based suppliers and act as primary SRM owner for those suppliers.
- Responsible for value creation & risk mitigation actions as required. Leverage data and advanced analytics to identify supplier opportunities and risks.
- Responsible for the execution of negotiation strategies for the sourcing of generic products for select suppliers.
- Accountable for the resolution of supplier operational issues and communicate impact to member organisations.
- Understand and articulate critical concerns and sensitivities of supplier base to sourcing leadership team.
- Accountable for facilitation of sourcing team meetings.
- Responsible to work cross-functionally with business units to accomplish enterprise goals and objectives.
- Accountable for decisions & operational oversight of bids meeting and sourcing sprint sessions.
- Accountable for execution of bid and case workload completion in timely manner, act as support when needed.
- Accountable for resolution of bid and case workload issues.
Qualifications:
- Bachelor's degree in Finance, Supply Chain, Science, Engineering or a related field.
- Previous experience in retail, sourcing, consulting, pharmaceuticals or FMCG.
- Experience with conducting financial or spend analysis.
- Experience with category, supplier and/or contract management.
- Experience with developing and executing business cases is preferred.
- Proficient with Microsoft Word, Excel, PowerPoint, and Outlook. Alteryx and Tableau experience and advanced Excel skills is preferred.
- Excellent communication, listening, negotiation and influencing skills.
- Strong planning, organisation, and project management skills; able to work on multiple projects and flex within changing priorities.
Sourcing & Supplier Relations Lead employer: Broadstone Resourcing
Contact Detail:
Broadstone Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sourcing & Supplier Relations Lead
✨Tip Number 1
Network with professionals in the healthcare and sourcing sectors. Attend industry events or webinars to connect with potential colleagues and suppliers, as building relationships is key for this role.
✨Tip Number 2
Familiarise yourself with the latest trends in supplier relationship management and sourcing strategies. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed supplier relationships or implemented sourcing strategies in the past. Real-life scenarios can showcase your skills effectively.
✨Tip Number 4
Research the company’s current suppliers and any recent news related to their sourcing practices. This insight will allow you to tailor your discussions and show your genuine interest in the role.
We think you need these skills to ace Sourcing & Supplier Relations Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sourcing, supplier management, and any specific achievements in these areas. Use keywords from the job description to align your skills with what the company is looking for.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your understanding of the company's needs. Mention how your previous experiences can contribute to their objectives, especially in managing supplier relationships and executing sourcing strategies.
Showcase Analytical Skills: Since the role involves leveraging data and advanced analytics, include examples of how you've used data analysis in past roles. Highlight any experience with tools like Alteryx or Tableau, as well as your proficiency in Excel.
Prepare for Potential Questions: Think about the key responsibilities mentioned in the job description and prepare answers that demonstrate your experience in those areas. Be ready to discuss how you've handled supplier negotiations, resolved operational issues, and worked cross-functionally in previous roles.
How to prepare for a job interview at Broadstone Resourcing
✨Know Your Suppliers
Before the interview, research the key suppliers your potential employer works with. Understanding their business models and challenges will help you demonstrate your ability to manage supplier relationships effectively.
✨Showcase Your Analytical Skills
Be prepared to discuss how you've used data and analytics in previous roles. Highlight specific examples where your insights led to improved supplier performance or cost savings, as this is crucial for the role.
✨Demonstrate Negotiation Experience
Think of past negotiation scenarios you've been involved in. Be ready to share your strategies and outcomes, as strong negotiation skills are essential for executing sourcing strategies successfully.
✨Prepare for Cross-Functional Collaboration
Since the role requires working across various business units, be ready to discuss your experience in cross-functional teams. Share examples of how you’ve facilitated collaboration to achieve common goals.
