At a Glance
- Tasks: Analyse spending patterns and identify cost-saving opportunities across the group.
- Company: Future, a forward-thinking company focused on strategic procurement.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Join a dynamic team in a collaborative environment based in Bath.
- Why this job: Make a real impact by optimising costs and enhancing supplier relationships.
- Qualifications: Strong analytical skills and experience in data management.
The predicted salary is between 55000 - 65000 £ per year.
Future is seeking a Commercial Analysis professional to help optimise spend across the group’s contractual base.
You will categorise non-major spend, identify opportunities, and support cost-reduction initiatives through supplier consolidation.
The role requires large data management, clear recommendations, and a strong focus on the financial impact of consolidation and negotiation.
Hybrid role based from Bath with three days in the office.
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Strategic Procurement Analyst: Cost Optimisation & Sourcing employer: Future
At Future, we pride ourselves on being a leading employer in the media industry, offering a dynamic work culture that fosters creativity and collaboration. As an Editor for Homes & Gardens Magazine, you'll enjoy the flexibility of a hybrid working model, uncapped leave, and opportunities for personal growth through our Share Incentive Plan. Join us in our London office and be part of a diverse team that values innovation and inclusivity, while delivering exceptional content to inspire our audience.
StudySmarter Expert Advice🤫
We think this is how you could land Strategic Procurement Analyst: Cost Optimisation & Sourcing
✨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 Future.
✨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 Strategic Procurement Analyst: Cost Optimisation & Sourcing
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 Future:Your cover letter should read like you’re chatting directly to Future. 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 Future.
How to prepare for a job interview at Future
✨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 Future!
✨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 Future. 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 Future's culture.
