Junior IT Procurement Analyst

Junior IT Procurement Analyst

Full-Time 56250 - 68750 £ / year (est.) Home office (partial)
Chain IQ Group AG

At a Glance

  • Tasks: Support IT sourcing projects and engage with suppliers to drive cost savings.
  • Company: Join Chain IQ, a global leader in AI-driven procurement solutions.
  • Benefits: Dynamic international environment, career growth, and a focus on innovation.
  • Other info: Great Place to Work-certified with opportunities for professional development.
  • Why this job: Make an impact in IT procurement while developing your skills in a supportive team.
  • Qualifications: 2-3 years of procurement experience and a passion for IT sourcing.

The predicted salary is between 56250 - 68750 £ per year.

At Chain IQ, your ideas move fast.

Chain IQ is a global AI-driven Procurement Service Partner, headquartered in Baar, Switzerland, with operations across main centers and 16 offices worldwide.

We provide tailored, end-to-end procurement solutions that enable transformation, drive scalability, and deliver substantial reductions in our clients' indirect spend.

Our culture is built on innovation, entrepreneurship, ownership, and impact.

Here, your voice matters - bold thinking is encouraged, and action follows ambition.

At Chain IQ, your ideas move fast.

Chain IQ is a global AI-driven Procurement Service Partner, headquartered in Baar, Switzerland, with operations across main centers and 16 offices worldwide.

We provide tailored, end-to-end procurement solutions that enable transformation, drive scalability, and deliver substantial reductions in our clients' indirect spend.

Our culture is built on innovation, entrepreneurship, ownership, and impact.

Here, your voice matters - bold thinking is encouraged, and action follows ambition.

At Chain IQ, your ideas move fast.

Chain IQ is a global AI-driven Procurement Service Partner, headquartered in Baar, Switzerland, with operations across main centers and 16 offices worldwide.

We provide tailored, end-to-end procurement solutions that enable transformation, drive scalability, and deliver substantial reductions in our clients' indirect spend.

Our culture is built on innovation, entrepreneurship, ownership, and impact.

Here, your voice matters - bold thinking is encouraged, and action follows ambition.

Purpose

The UK Sourcing team consists of procurement professionals supporting Clients across a range of indirect spend categories.

The team provides sourcing services throughout the procurement lifecycle, including market research, supplier engagement, tender support, commercial evaluations, negotiations, and contract administration.

The Associate Consultant will support sourcing activities across IT-related categories, including software, hardware, IT services, telecommunications, and infrastructure.

Working alongside more experienced team members, the successful candidate will contribute to sourcing projects, supplier management activities, and contract negotiations while developing their procurement expertise.

The role is suited to an individual with 2–3 years of procurement or sourcing experience who is keen to build their knowledge of the IT market and procurement best practices within a client-focused environment.

This is an excellent opportunity for an early-career procurement professional looking to build expertise in IT sourcing, supplier negotiations, software licensing, and strategic sourcing within a global client-facing environment.

Key Responsibilities

  • Support the delivery of low to medium complexity IT sourcing projects.
  • Knowledge of and ability to drive Sourcing process including the development of requests for, issuance of request, receiving and evaluation of RFI and RFP.
  • Work with stakeholders to understand business requirements and support the development of sourcing strategies.
  • Conduct supplier & market research identifying sourcing opportunities & trends
  • Support contract and commercial negotiations under the guidance of senior team members.
  • Assist in the preparation and review of commercial documents, contracts, Statements of Work (SOWs), and supplier proposals.
  • Build, maintain positive working relationships with stakeholders and suppliers.
  • Help identify opportunities for cost savings, process improvements, and value creation for Clients.
  • Maintain sourcing documentation and ensure sourcing activities follow Chain IQ processes, tools, and governance requirements.
  • Support senior colleagues on larger or more complex sourcing initiatives when required.
  • Contribute to category knowledge and market intelligence for assigned IT spend areas.

Requirements

Education & Qualifications

  • Degree educated or equivalent professional experience.
  • Progress towards CIPS qualification (or interest in obtaining CIPS) is desirable.

Experience

  • 2–3 years of experience in procurement, sourcing, purchasing, or category support roles in a fast-paced environment.
  • Exposure to IT-related categories such as software, hardware, telecommunications, cloud services, or IT professional services is desirable.
  • Experience supporting sourcing activities, contract administration, supplier management, or commercial negotiations.
  • Familiarity with procurement processes and supplier engagement activities.

Skills & Competencies

  • Strong organisational skills with the ability to manage multiple tasks and deadlines.
  • Good analytical and problem-solving abilities, minimum be able to develop pivot tables and spend analytical skills.
  • Effective communication and stakeholder management skills.
  • Confident working with cross-functional teams and suppliers.
  • Basic understanding of contracts and commercial terms.
  • Willingness to learn about software licensing, Saa S agreements, IT services, and commercial models.
  • Advanced in Microsoft Office applications, particularly Excel and Power Point.
  • A proactive and collaborative team player with a customer-focused mindset.
  • Enthusiastic about developing a career in IT procurement and strategic sourcing.

Join a truly global team.

We offer a dynamic and international environment where high performance meets real purpose.

We're proud to be Great Place to Work-certified and even prouder of the people who make that possible.

Let’s shape the future of procurement - together.

Chain IQ – Create. Lead. Make an impact.

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Junior IT Procurement Analyst employer: Chain IQ Group AG

At Chain IQ, we pride ourselves on fostering a culture of innovation and entrepreneurship, where your ideas can truly make an impact. Located in Baar, Switzerland, our global team offers a dynamic work environment with ample opportunities for professional growth and development, ensuring that every employee's voice is heard and valued. Join us to be part of a collaborative team that not only drives substantial savings for clients but also champions a supportive and engaging workplace.

Chain IQ Group AG

Contact Details:

Chain IQ Group AG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Junior IT Procurement 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 Chain IQ Group AG.

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 Junior IT Procurement Analyst

Procurement Knowledge
Sourcing Process Management
Market Research
Supplier Engagement
Contract Negotiation
Commercial Evaluation
Stakeholder Management

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 Chain IQ Group AG:Your cover letter should read like you’re chatting directly to Chain IQ Group AG. 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 Chain IQ Group AG.

How to prepare for a job interview at Chain IQ Group AG

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 Chain IQ Group AG!

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 Chain IQ Group AG. 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 Chain IQ Group AG's culture.