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- Tasks: Analyse spend data and optimise supplier contracts for cost reduction.
- Company: Join Future, a global leader in specialist media with a vibrant culture.
- Benefits: Enjoy uncapped leave, profit-sharing bonuses, and well-being support.
- Other info: Hybrid role with excellent career growth and a commitment to diversity.
- Why this job: Make a real impact by driving efficiency and innovation in procurement.
- Qualifications: Strong data skills, procurement knowledge, and a proactive attitude.
The predicted salary is between 45000 - 60000 £ per year.
At Future we are challenging our core supplier base to optimise cost without compromising on quality. This role will play a key part in categorising spend and executing cost-reduction initiatives through supplier consolidation and RFP support.
Reporting to the Head of Commercial Analysis, this role plays a vital part in identifying efficiency opportunities across the group's contractual base. This project aims to optimise spend through detailed review and application of successfully established procurement processes.
Being able to manage large volumes of data from multiple sources and use that information to provide clear recommendations is a key part of the role, as is the ability to maintain a strong focus on the financial impact of consolidation and negotiation.
- Spend Analysis & Data Visualisation: Categorise all non-major business spend across departments to identify patterns and opportunities.
- Contract Management & Tracking: Build and populate a centralised Supplier Contract Database, capturing end dates, notice periods, and auto-renewal clauses.
- Supplier Rationalisation: Identify duplicate suppliers and develop a plan to consolidate volume with fewer, high-quality partners.
- Sourcing & RFP Support: Support the Request for Proposal (RFP) process for mid-tier categories and commercial negotiations.
Experience that will put you ahead of the curve:
- Highly proficient data skills.
- Strong soft skills to challenge internal stakeholders.
- Procurement Literacy and experience with reviewing contracts.
- Self-starter who can deliver results in weeks, not months, which is critical for this fixed-term contract.
- Attention to detail: building trackers and managing contract data to a high level of accuracy.
What's in it for you:
The expected range for this role is £45,000 - £60,000. This is a Hybrid role from our Bath Office, working three days from the office, two from home. Plus more great perks, which include:
- Uncapped leave, because we trust you to manage your workload and time.
- When we hit our targets, enjoy a share of our profits with a bonus.
- Refer a friend and get rewarded when they join Future.
- Well-being support with access to our Colleague Assistant Programmes.
- Opportunity to purchase shares in Future, with our Share Incentive Plan.
Who are we:
We're Future, the global leader in specialist media. With over 3,000 employees working across 200+ media brands, Future is a prime destination for passionate people worldwide looking to consume trusted, expert content that educates and inspires action - both online and off - through our specialist websites, magazines, events, newsletters, podcasts and social spaces.
We've got ambitious plans that further build on our growth momentum and unlock new opportunities – and we're looking for driven people who want to be a part of it!
Our Future, Our Responsibility - Inclusion and Diversity at Future:
We embrace and celebrate diversity, making it part of who we are. Different perspectives spark ideas, fuel creativity, and push us to innovate. That's why we're building a workplace where everyone feels valued, respected, and empowered to thrive.
When it comes to hiring, we keep it fair and inclusive, welcoming talent from every walk of life. It's not just about what you bring to the table — it's about making sure the table has room for everyone. Because a diverse team isn't just good for business. It's the Future.
Please let us know if you need any reasonable adjustments made so we can give you the best experience!
Procurement Analyst - 12 Month FTC in Bath employer: Future Publishing
Contact Detail:
Future Publishing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Analyst - 12 Month FTC in Bath
✨Tip Number 1
Network like a pro! Reach out to people in the procurement field on LinkedIn or at industry events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Show off your data skills! Prepare a mini case study or presentation that highlights your ability to analyse spend and identify cost-saving opportunities. This will make you stand out during interviews.
✨Tip Number 3
Be proactive! If you see a company you love, don’t wait for them to post a job. Send them a message expressing your interest and how you can add value, especially in procurement.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are keen to join us at Future!
We think you need these skills to ace Procurement Analyst - 12 Month FTC in Bath
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Procurement Analyst. Highlight your data skills and any experience with procurement processes. We want to see how you can optimise spend and manage contracts effectively!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your ability to challenge stakeholders and your self-starter attitude. We love seeing passion and personality!
Showcase Your Data Skills: Since this role involves managing large volumes of data, make sure to highlight any relevant experience. Whether it's spend analysis or data visualisation, we want to know how you've used data to drive decisions in the past.
Apply Through Our Website: We encourage you to apply through our website for the best experience. It’s straightforward and ensures your application gets to the right people. Plus, you’ll find all the info you need about us and the role!
How to prepare for a job interview at Future Publishing
✨Know Your Numbers
As a Procurement Analyst, you'll be dealing with a lot of data. Brush up on your data analysis skills and be ready to discuss how you've used data to drive decisions in the past. Bring examples of spend analysis or cost-reduction initiatives you've been involved in.
✨Master the Art of Negotiation
Negotiation is key in procurement. Prepare to talk about your experience with supplier negotiations and how you’ve successfully consolidated suppliers. Think of specific instances where your negotiation skills led to significant savings or improved supplier relationships.
✨Showcase Your Attention to Detail
This role requires a high level of accuracy in managing contract data. Be prepared to discuss how you ensure precision in your work. You might want to bring along examples of trackers or databases you've built that demonstrate your meticulous approach.
✨Engage with Stakeholders
Strong soft skills are essential for this position. Think about how you've effectively communicated with internal stakeholders in the past. Prepare to share examples of how you’ve challenged assumptions or influenced decisions to optimise procurement processes.