At a Glance
- Tasks: Lead sourcing initiatives and negotiate deals for IT products and services.
- Company: Dynamic sourcing team in a leading consultancy based in London.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to mentor junior team members and work on global projects.
- Why this job: Make an impact by driving value for clients through strategic sourcing.
- Qualifications: 5+ years in sourcing with expertise in IT & ITO categories.
The predicted salary is between 60000 - 80000 £ per year.
The wider Sourcing team in the UK consists of sourcing professionals covering all indirect spend categories for our Clients. The team provides Clients with a range of sourcing services covering the end to end sourcing lifecycle, dependent on their needs, including market analysis, running market tenders, contract negotiation and contract drafting.
Each member of the team works on multiple Client projects simultaneously, in both a client-facing and supplier-facing role, working on both regional sourcing projects as well as global initiatives. The primary purpose of the function is to deliver value-add sourcing services to Clients, in a structured, professional and consistent manner.
The scope of the role relates to the indirect spend of clients across the categories of software, hardware, infrastructure (data centres/network/telecommunications) and IT outsourcing (ITO), predominantly covering application development, testing and maintenance services.
The Senior Consultant needs to be a dynamic, highly client-focused individual with proven experience ideally across multiple categories, but minimally with deep expertise specifically in IT & ITO. The individual will have experience in working with the main suppliers both in the UK and globally of IT products and services including software, IT hardware and IT infrastructure services (including data centres, networks, telecommunications).
The individual will be responsible for delivering sourcing initiatives covering the end-to-end sourcing lifecycle and will need to have a global awareness of the different markets for the provision of services. The individual will need to have proven experience in working with the main suppliers within the category, both in the UK and globally.
The Senior Consultant will need to be confident in engaging with senior stakeholders and be experienced in working as part of a cross-functional team to deliver a range of projects including complex large-scale projects as well as smaller projects, as the work covers a mix of both.
Tasks and Responsibilities- Establishing and maintaining strong relationships with stakeholders
- Leading assigned sourcing initiatives, which vary in terms of scope and scale from routine renewals to more strategic purchases, under own initiative with minimal oversight required
- Conducting market tenders and managing the evaluation across a cross-functional team to determine supplier selection
- Understanding business requirements and structuring deals to meet those requirements
- Negotiating deals to achieve optimal commercial terms
- Drafting contracts based on standard terms and conditions
- Leading cross-functional deal teams and liaising with senior stakeholders
- Building relationships with key suppliers
- Maintaining market awareness for assigned categories, leveraging experience to contribute to sourcing area plans and opportunity assessments
- Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives
- Identifying and implementing opportunities to deliver savings for Clients and drive benefits through smarter/efficient sourcing
- Mentoring/coaching less experienced team members and supporting them in more complex deals as required
- Educated to University standard or equivalent – MCIPS desirable.
- Minimum 5 yrs experience in sourcing across specific categories.
- Demonstrates proven market knowledge of IT & ITO category, with skills to apply knowledge to drive maximum value for clients.
- Proven capability of running large multi-million / complex global deals, including all aspects of the tender process.
- Hands on approach for deal execution, manage deals end to end on their own with minimal oversight.
- Highly organised and results driven, can lead a cross-functional team.
- Client/stakeholder focus within the corporate environment with the gravitas to influence senior stakeholders.
- Experienced negotiator and excellent communication skills.
- Ability to structure complex deals and develop sourcing strategies.
- Experience in understanding contracts and ability in contract drafting, with limited requirement for specialist legal support, including experience in drafting and understanding the nuances of software license agreements, evaluation agreements and SaaS agreements and the relevance of different commercial models.
- Ability to manage multiple priorities, often to tight deadlines, and deliver results.
- Experience in working with market leading sourcing tools and systems.
- Professional team player, motivated and highly flexible.
Sourcing IT employer: Chain IQ
As a leading employer in the sourcing sector, our company offers a dynamic work environment in London where innovation and collaboration thrive. We prioritise employee growth through mentorship opportunities and exposure to complex global projects, ensuring that our team members develop their skills while delivering exceptional value to clients. With a strong focus on work-life balance and a culture that celebrates diversity, we are committed to creating a rewarding workplace for all our employees.
StudySmarter Expert Advice🤫
We think this is how you could land Sourcing IT
✨Tip Number 1
Network like a pro! Get out there and connect with people in the IT sourcing field. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills in interviews! Prepare to discuss your experience with market tenders and contract negotiations. Use specific examples to demonstrate how you’ve added value in previous roles. This is your chance to shine, so make it count!
✨Tip Number 3
Research the company before your interview. Understand their sourcing strategies and recent projects. This will not only impress your interviewers but also help you tailor your answers to show how you can contribute to their goals.
✨Tip Number 4
Don’t forget to apply through our website! We’re always on the lookout for talented individuals who can bring their expertise in IT sourcing to our team. Plus, applying directly shows your enthusiasm and commitment to joining us!
We think you need these skills to ace Sourcing IT
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Sourcing IT role. Highlight your experience in IT & ITO, and showcase any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about sourcing and how your background makes you a great fit for our team. Keep it engaging and personal – we love to see your personality!
Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just responsibilities. Use numbers and examples to demonstrate how you've delivered value in previous roles. We appreciate results-driven candidates!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Chain IQ
✨Know Your Sourcing Stuff
Make sure you brush up on your knowledge of IT and ITO categories. Understand the latest trends in software, hardware, and infrastructure services. Being able to discuss market analysis and supplier selection confidently will show that you're the right fit for the role.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations where you achieved optimal commercial terms. Be ready to discuss how you structured deals and what strategies you used to influence stakeholders. This will demonstrate your hands-on approach and ability to manage complex deals.
✨Engage with Stakeholders
Think about how you can build strong relationships with clients and suppliers. Prepare to share experiences where you've successfully engaged with senior stakeholders. Highlight your communication skills and how you’ve influenced decisions in a corporate environment.
✨Demonstrate Organisational Skills
Be ready to talk about how you manage multiple priorities and tight deadlines. Share specific examples of projects where you led cross-functional teams and delivered results. This will showcase your ability to stay organised and results-driven in a fast-paced environment.