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- Tasks: Lead strategic sourcing and vendor management for a dynamic asset management team.
- Company: Join a reputable Edinburgh-based asset manager known for its innovative approach.
- Benefits: Enjoy a full-time role with potential for professional growth and networking opportunities.
- Why this job: Make an impact through strategic advisory and supplier management in a collaborative environment.
- Qualifications: Experience in strategic sourcing, contract negotiation, and financial modelling is essential.
- Other info: This is a 6-month contract requiring office presence at least 4 days a week.
The predicted salary is between 43200 - 72000 £ per year.
Are you an experienced global procurement professional who is seeking a new challenge? Our client, an Edinburgh based asset manager, is recruiting for a Sourcing and Vendor Manager to join their team on a 6-month contract basis. This is a full-time role which covers end-to-end sourcing and requires you to work in the office at least 4 days per week.
Skills/Experience:
- Demonstrable experience in strategic sourcing within consulting, accounting, or financial services.
- Expertise in negotiating contracts with Big 4 firms and top consulting firms.
- Expertise in category planning, competitive bidding (RFI, RFP, RFQ), vendor selection, risk due diligence, and dispute management.
- Skilled in financial modelling for negotiations, cost ownership, consumption, and demand forecasting.
- Contract law knowledge with experience drafting global agreements and SLAs.
- Proficient in MS Office, AI tools (CoPilot), and data analytics.
Core Responsibilities:
- Strategic Advisory: Provide sourcing and procurement insights to optimize processes and meet business goals.
- Sourcing Strategy: Develop and execute cost-effective, socially responsible strategies, including competitive bidding, supplier consolidation, and process improvements.
- Supplier Management: Build strong vendor relationships, negotiate contracts, and ensure quality service.
- Market & Cost Analysis: Research trends, risks, and opportunities; drive cost-saving initiatives without compromising quality.
- Risk & Compliance: Mitigate supply chain risks and ensure adherence to policies and regulations.
- People & Stakeholder Management: Recruit, mentor junior staff, and collaborate with internal teams on global contract negotiations.
To apply for this vacancy applicants must be eligible to work in the UK in accordance with the Immigration, Asylum and Nationality Act 2006.
Sourcing and Vendor Manager employer: Core-Asset Consulting Ltd
Contact Detail:
Core-Asset Consulting Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sourcing and Vendor Manager
✨Tip Number 1
Network with professionals in the procurement and vendor management field. Attend industry events or join relevant online forums to connect with others who may have insights or leads on opportunities at companies like ours.
✨Tip Number 2
Familiarise yourself with the latest trends in strategic sourcing and vendor management, especially within the financial services sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare specific examples of your past experiences in negotiating contracts and managing vendor relationships. Being able to discuss these scenarios in detail will showcase your expertise and make you a more compelling candidate.
✨Tip Number 4
Research our company culture and values. Understanding what we stand for will help you tailor your approach and show how you can contribute to our goals as a Sourcing and Vendor Manager.
We think you need these skills to ace Sourcing and Vendor Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in strategic sourcing, particularly within consulting, accounting, or financial services. Emphasise your expertise in negotiating contracts with Big 4 firms and your skills in vendor selection and risk management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background aligns with the company's needs. Mention specific examples of your achievements in sourcing strategies and supplier management to demonstrate your value.
Highlight Relevant Skills: In your application, clearly outline your proficiency in financial modelling, contract law, and data analytics. Mention any experience you have with MS Office and AI tools like CoPilot, as these are crucial for the role.
Showcase Your Strategic Thinking: Provide examples of how you've developed and executed cost-effective sourcing strategies in the past. Discuss your approach to market analysis and how you've driven cost-saving initiatives while maintaining quality.
How to prepare for a job interview at Core-Asset Consulting Ltd
✨Showcase Your Strategic Sourcing Experience
Be prepared to discuss your previous roles in strategic sourcing, especially within consulting or financial services. Highlight specific examples where you successfully negotiated contracts with major firms, as this will demonstrate your expertise and relevance to the role.
✨Demonstrate Your Financial Modelling Skills
Since financial modelling is crucial for negotiations, come equipped with examples of how you've used these skills in past roles. Discuss any tools or methodologies you employed to forecast costs and manage demand effectively.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about challenges you've faced in vendor management or risk compliance, and be ready to explain how you navigated those situations successfully.
✨Familiarise Yourself with Contract Law
Given the importance of contract law in this role, brush up on your knowledge of global agreements and SLAs. Be ready to discuss how you've drafted or managed contracts in the past, as this will show your capability in handling legal aspects of procurement.
