Procurement Specialist in London

Procurement Specialist in London

London Full-Time 40000 - 50000 £ / year (est.) No working from home possible
Dmg

At a Glance

  • Tasks: Support various departments in sourcing and negotiating for the best value goods and services.
  • Company: Join DMG Media, a leading UK media company with a dynamic culture.
  • Benefits: Enjoy 25 days holiday, pension plan, discounts, and onsite gym facilities.
  • Other info: Diverse and inclusive workplace committed to your growth and success.
  • Why this job: Make a real impact in a fast-paced environment while developing your procurement skills.
  • Qualifications: Experience in procurement is a plus, but strong negotiation and analytical skills are key.

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. All while working closely with senior stakeholders across the business and acting as a key liaison between business stakeholders, Legal, Information Security, Technology and Finance teams. The role carries autonomy and a visible impact, with multiple workstreams running in parallel and the opportunity to shape procurement practice across the organisation.

The Procurement Specialist responsibilities will involve assisting with supplier communication, commercial negotiations, internal stakeholder management, spend analysis and ensuring the timely delivery of goods and services with effective contract management. More specifically the tasks will be extensive as the Procurement team deals with an array of projects and stakeholders of varying risk, value and timescale. These tasks will include:

  • Supporting key stakeholders across the business with the delivery of their department’s strategies.
  • Identifying cost saving opportunities.
  • Leading on supplier negotiations to get the best value for the business.
  • Supporting 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.
  • Excellent negotiation skills.
  • 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).
  • Attention to detail.
  • 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

Our benefits package increases the longer you’ve been with us. Here’s what to expect:

  • 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
  • Plus much more...

About Us

DMG Media is one of the UK’s most influential media companies, home to some of the nation’s best-known and most-read brands – including the Daily Mail, The Mail on Sunday, MailOnline, The i Paper, New Scientist and Metro. We reach millions of readers every day across print and digital, and our ambition is to keep growing. To do that, the Procurement team needs a sharp, commercially minded person who can help us work smarter, spend better, drive efficiencies and build supplier partnerships that genuinely move the business forward.

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 in London employer: Dmg

DMG Media is an exceptional employer located in the vibrant High Street Kensington, London, offering a dynamic work environment where innovation and collaboration thrive. As a Procurement Specialist, you will enjoy a comprehensive benefits package that grows with your tenure, including generous holiday allowances, a pension plan, and access to onsite facilities like a gym and medical services. The company fosters a culture of inclusivity and professional growth, providing opportunities to shape procurement practices while working closely with senior stakeholders across various departments.

Dmg

Contact Details:

Dmg Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Procurement Specialist in London

Tip Number 1

Network like a pro! Reach out to people in the procurement field on LinkedIn or at industry events. Building relationships can open doors and give you insider info about job opportunities.

Tip Number 2

Prepare for interviews by researching the company and its procurement practices. Show us that you understand their needs and how you can add value right from the start!

Tip Number 3

Practice your negotiation skills! Role-play with a friend or mentor to get comfortable discussing terms and making your case. This will help you shine during interviews, especially for a role like Procurement Specialist.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.

We think you need these skills to ace Procurement Specialist in London

End-to-End Procurement Cycle
Negotiation Skills
Communication Skills
Time Management Skills
Analytical Skills
Attention to Detail
Supplier Management

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Procurement Specialist role. Highlight your relevant experience in procurement, negotiation skills, and any specific projects that showcase your ability to support various departments.

Showcase Your Skills:We want to see your analytical and organisational skills shine through! Use examples from your past experiences to demonstrate how you've successfully managed supplier relationships or identified cost-saving opportunities.

Be Clear and Concise:Keep your application straightforward and to the point. Avoid jargon and ensure your key achievements are easy to spot. We appreciate clarity, especially when it comes to your negotiation successes and project management.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Dmg

Know Your Procurement Basics

Before the interview, brush up on the end-to-end procurement cycle. Understand key concepts like supplier management, contract negotiations, and cost-saving strategies. This will show that you’re not just familiar with the role but also ready to hit the ground running.

Prepare for Scenario Questions

Expect questions that ask how you would handle specific procurement challenges. Think of examples from your past experiences where you successfully negotiated contracts or identified cost-saving opportunities. Use the STAR method (Situation, Task, Action, Result) to structure your answers.

Showcase Your Analytical Skills

Since strong analytical skills are crucial for this role, be prepared to discuss how you've used data in previous positions. Bring examples of spend analysis or supplier performance reports you've created, and be ready to explain how they influenced decision-making.

Build Rapport with Interviewers

This role involves working closely with various stakeholders, so demonstrating good communication skills is key. During the interview, engage with your interviewers, ask insightful questions about their procurement processes, and show genuine interest in building relationships within the team.