At a Glance
- Tasks: Manage global procurement activities and negotiate with suppliers for the best deals.
- Company: Join Fifty5Blue, a leader in media measurement and analytics.
- Benefits: Flexible working, focus on wellbeing, and a commitment to diversity.
- Other info: Inclusive culture that values diverse backgrounds and experiences.
- Why this job: Be part of a dynamic team shaping the future of media procurement.
- Qualifications: 5+ years in procurement with strong negotiation and analytical skills.
The predicted salary is between 36000 - 60000 £ per year.
We help partners understand the changing advertising landscape. Specialising in audience measurement, consumer targeting and in-depth intelligence into paid, owned and earned media, their global coverage and local expertise enable better understanding of media audiences and their relationships with brands.
Fifty5Blue is a global leader in media measurement and analytics, operating in more than 80 countries. We bring clarity to complexity. Our independent, hybrid cross‑media audience measurement combines trusted audience panels with large‑scale data to establish a single, coherent view across platforms and markets. This gives content owners, advertisers, agencies and platforms the clarity and confidence to develop content and plan advertising decisively. With deep expertise across global media systems, we design integrated, comparable measurement frameworks that support a more consistent and accountable media market.
Exciting opportunity to join a green‑field Procurement function managing approximately $140m of global third‑party spend in a fast moving and dynamic environment. This role will manage sourcing and purchasing activities across Kantar Media, mainly focussed on indirect spend categories, developing sourcing strategies to ensure the acquisition of goods and services at competitive prices whilst managing risk and procurement process compliance.
Key Responsibilities- Identify, evaluate, and negotiate with suppliers to secure the best quality products and services at the most competitive prices.
- Build and maintain strong relationships with suppliers to ensure quality and reliability.
- Develop and implement procurement strategies that align with the organization’s goals and objectives, ensuring compliance with policies and legal requirements.
- Monitor and analyze procurement costs, suggesting methods to reduce expenditures while maintaining quality standards.
- Collaborate with internal departments to understand their procurement needs and ensure that procurement policies support organizational requirements.
- Assess and mitigate risks associated with procurement activities, including sustainability and ethical considerations.
- Create and manage procurement reports, analyzing data to inform decision‑making and improve procurement processes.
- Minimum 5 years of procurement/category experience in a fast‑moving global environment.
- Indirect category management experience in the following areas: Professional Services, Travel, HR, Property, External Audit, Telephony, Marketing, Data and subscriptions.
- Proven track record in developing and implementing sourcing strategies to deliver improved supplier cost performance.
- Extensive knowledge of purchasing, negotiation and contracting fundamentals.
- Experience with industry‑standard ERP systems.
- Experience with global purchasing organisations and global suppliers.
- Excellent communication skills for effective collaboration with internal teams and external partners.
- Proficiency in financial analysis.
- Excellent analytical and problem‑solving abilities.
- Proficient in supplier management and relationship building.
- Ability to work under pressure and meet deadlines.
- Bachelor’s degree and/or MCIPS.
We pride ourselves on understanding people, and what makes us think and act the way we do. And because we know people, we like to make sure our own people are being looked after as well. Equality of opportunity for everyone is our highest priority and we support our colleagues to work in a way that supports their health and wellbeing. While we encourage teams to spend part of their working week in the office, we understand no one size fits all; our approach is flexible to ensure everybody feels included, accepted, and that we can win together. We’re dedicated to creating an inclusive culture and value the diversity of our people, clients, suppliers and communities, and we encourage applications from all backgrounds and sections of society. Even if you feel like you’re not an exact match, we’d love to receive your application and talk to you about this job or others at Fifty5Blue.
Procurement Manager in London employer: Fifty5Blue
Fifty5Blue is an exceptional employer that prioritises the well-being and growth of its employees, offering a flexible hybrid working environment in the vibrant city of London. With a commitment to inclusivity and diversity, the company fosters a supportive culture where every team member can thrive while managing significant global procurement activities. Employees benefit from competitive compensation, opportunities for professional development, and the chance to work with leading experts in media measurement and analytics.
StudySmarter Expert Advice🤫
We think this is how you could land Procurement Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their procurement strategies and be ready to discuss how your experience aligns with their goals. Show them you’re not just another candidate, but someone who truly gets what they do.
✨Tip Number 3
Practice your negotiation skills! As a Procurement Manager, you’ll need to demonstrate your ability to secure the best deals. Role-play scenarios with friends or mentors to build confidence and refine your approach.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search and genuinely interested in joining our team.
We think you need these skills to ace Procurement Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Procurement Manager role. Highlight your experience in managing indirect spend categories and any relevant achievements that showcase your negotiation skills and strategic thinking.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've developed sourcing strategies or built strong supplier relationships in your previous roles.
Showcase Your Analytical Skills:Since this role involves monitoring procurement costs and analysing data, be sure to mention any tools or methods you've used to improve procurement processes. We love candidates who can demonstrate their analytical prowess!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Fifty5Blue
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around indirect spend categories like professional services and travel. Be ready to discuss your past experiences in developing sourcing strategies and how you've successfully negotiated with suppliers.
✨Showcase Your Analytical Skills
Since the role involves monitoring and analysing procurement costs, come prepared with examples of how you've used data to inform decision-making. Highlight any experience you have with financial analysis and how it has helped improve procurement processes in your previous roles.
✨Build Relationships
Fifty5Blue values strong supplier relationships, so be ready to talk about how you've built and maintained these in the past. Share specific examples of how your relationship-building skills have led to better quality products and services at competitive prices.
✨Align with Company Values
Familiarise yourself with Fifty5Blue's commitment to inclusivity and sustainability. Be prepared to discuss how you can contribute to these values in your role as a Procurement Manager, particularly in terms of ethical considerations and risk management in procurement activities.