At a Glance
- Tasks: Support procurement across various departments, negotiate contracts, and identify cost-saving opportunities.
- Company: Dynamic media business located in High Street Kensington, London.
- Benefits: 25 days holiday, pension plan, discounts, onsite gym, and health services.
- Other info: Inclusive workplace culture with excellent career growth opportunities.
- Why this job: Make a real impact in a fast-paced environment while developing your procurement skills.
- Qualifications: Experience in procurement cycle, strong communication, and analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
Location: DMGT HQ - High Street Kensington, London
Position: Permanent
About the Role
This is a high-impact, hands-on procurement role at the heart of a fast-moving media business. As a Procurement Specialist you will support a variety of categories and departments such as Marketing, HR, Professional Services, Facilities, Travel, Postal Services, Technology and Financial Services. You will support them with commercial decision making, including but not limited to, identifying cost-saving opportunities, negotiating commercial terms, aiding with contract & supplier management and reducing commercial risks.
Main Responsibilities
- The Procurement Specialist will support the business acquiring the best value goods and services necessary to meet the company’s requirements and operations by being a lead for sourcing projects, negotiating contracts and building strong internal and external relationships.
- Work closely with senior stakeholders across the business and act as a key liaison between business stakeholders, Legal, Information Security, Technology and Finance teams.
- Assist with supplier communication, commercial negotiations, internal stakeholder management, spend analysis and ensuring the timely delivery of goods and services with effective contract management.
- Support key stakeholders across the business with the delivery of their department’s strategies.
- Identify cost savings opportunities.
- Lead on supplier negotiations to get the best value for the business.
- Support sourcing activities with actions such as market research, the creation & issuing of RFx's documentation, carrying out tenders of all sizes and collating detailed supplier responses for the business to make critical decisions.
- Create & maintain visibility of the Procurement team’s projects and contracts prioritisation.
- Perform and support supplier due diligence process, highlighting areas of risk to the relevant stakeholders.
- Build and maintain positive relationships with the various stakeholders (internal and external), addressing any issues to maintain positive supplier performance.
- Provide data and insights on procurement activities, including spend analysis and supplier performance reports.
- Carry out administrative tasks such as making sure contracts and important documentation are consistently saved in their relevant locations.
- Suggest and support the implementation of new processes across the business and within the Procurement team.
- Monitor the contract expiry report to prevent any lapse in services by negotiating contract renewals which are essential to the business’ operation.
- Ensure all procurement activities adhere to our company policies & guidelines, as well as industry best practices.
Person Specification
- Clear understanding and experience of the end-to-end procurement cycle and all the stages involved in acquiring goods and services.
- Good communication skills at all levels.
- Well organised, adaptive and good time management skills.
- Strong analytical skills.
- Computer proficiency (comfortable using Microsoft Office Suite; particularly Excel; PowerBI, contract lifecycle tools and Coupa).
- Ability to work independently.
- Qualification at higher national or degree level is desirable but not essential.
- CIPS qualification (or working towards) is desirable but not essential.
Package Description
- 25 days’ holiday (increasing by 1 per year up to a total of 30)
- Pension plan and life cover
- Discounts on online shopping, dining cards and vouchers, and access to our Employee Assistance Programme
- Onsite gym, subsidised canteen and onsite nurse and GP clinics
Our Commitment
We are committed to increasing diversity and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status, or disability. We are Disability Confident Committed. Please let us know if you require any recruitment documentation in other formats or if you require reasonable adjustments to be made during the recruitment process. Please be assured that any such information will be held separately to your recruitment application and will not be considered as part of the selection process.
Procurement Specialist employer: dmg media
At DMGT HQ in High Street Kensington, we pride ourselves on being an excellent employer that fosters a dynamic and inclusive work culture. As a Procurement Specialist, you will enjoy a range of benefits including 25 days of holiday, a pension plan, and access to an onsite gym, all while working in a collaborative environment that encourages professional growth and development. Our commitment to diversity and employee well-being ensures that you will thrive in a role where your contributions have a meaningful impact on the business.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Specialist
✨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 dmg media.
✨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 Procurement Specialist
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 dmg media:Your cover letter should read like you’re chatting directly to dmg media. 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 dmg media.
How to prepare for a job interview at dmg media
✨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 dmg media!
✨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 dmg media. 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 dmg media's culture.
