Contract Pricing Manager in London

Contract Pricing Manager in London

London Full-Time 40500 - 49500 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead cost strategies and pricing evaluations to ensure value for money in procurement.
  • Company: Dynamic team at Heathrow, focused on innovation and efficiency.
  • Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
  • Other info: Join a collaborative environment with a focus on career development.
  • Why this job: Make a real impact on procurement processes and drive cost savings.
  • Qualifications: Experience in cost strategies and commercial agreements is essential.

The predicted salary is between 40500 - 49500 £ per year.

This role will provide a central service from the Procurement Portfolio team into the Procurement delivery teams on cost structures and pricing evaluations, ultimately enabling Procurement to demonstrate value for money throughout our decision points across all activities within the procurement lifecycle. Across the Infrastructure portfolio, this will involve using simple benchmarks to drive efficiencies into the cost proposals received from the supply and any subsequent contract change.

Responsibilities

  • Accountable for providing subject matter expertise on cost structures and benchmarking information across the procurement delivery teams.
  • Works with procurement commercial and category managers to produce cost strategies based on trend data.
  • Carry out cost/price evaluations on tender returns and post contract change – identifying and carrying out supplier negotiations to deliver cost savings to Heathrow.
  • Utilise external sources and industry knowledge to establish best practice benchmarking processes and data inputs.
  • Assurance of value for money assessments across the procurement decision points, governance documentation, the Heathrow gateway lifecycle and external and regulatory audits.
  • Accountable for working with Solutions programme management office to obtain required value from external estimating capability and Heathrow ownership of benchmarking data.
  • Accountable for integrating overall cost and pricing data into procurement scenario modelling and whole lifecycle cost analysis.

Qualifications

  • Established track record in creating cost strategies, cost model structures and cost analytics.
  • Experience of a range of commercial agreements and legal awareness of contract risks & experience of understanding complex and bespoke contract terms and commercial principles including supplies, services and framework agreements.
  • Expertise in commercial and contract management in both operational and construction contracts.
  • Established network of external industry bodies and supply chain.
  • Practitioner in benchmarking along with ability to demonstrate credible understanding of construction projects and their cost implications (desirable).

Contract Pricing Manager in London employer: Heathrow Airport

As a Payroll Specialist based in Glasgow, you will thrive in a dynamic work environment that prioritises employee well-being and professional growth. Our collaborative culture fosters strong relationships across HR and Payroll, ensuring you have the support needed to excel in your role while contributing to continuous process improvements. With a commitment to compliance and service quality, we offer meaningful opportunities for career advancement and a rewarding experience in managing payroll and benefits.

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Contact Details:

Heathrow Airport Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Contract Pricing Manager in London

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 Heathrow Airport.

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 Contract Pricing Manager in London

Cost Structures Expertise
Benchmarking Processes
Cost Strategies Development
Cost/Price Evaluations
Supplier Negotiations
Value for Money Assessments
Governance Documentation

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 Heathrow Airport:Your cover letter should read like you’re chatting directly to Heathrow Airport. 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 Heathrow Airport.

How to prepare for a job interview at Heathrow Airport

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 Heathrow Airport!

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 Heathrow Airport. 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 Heathrow Airport's culture.