At a Glance
- Tasks: Lead procurement strategies and solve complex challenges impacting the business.
- Company: Join a global leader in supply chain management with a focus on innovation.
- Benefits: Attractive salary, career development opportunities, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for international exposure.
- Why this job: Make a significant impact on projects while developing your expertise in procurement.
- Qualifications: Bachelor’s degree or equivalent experience in Supply Chain Management required.
The predicted salary is between 70000 - 90000 £ per year.
Senior Principal Procurement Specialist is tasked with solving unique and complex problems that have a broad impact on the business. They must proactively identify and solve the most complex issues that impact the management and direction of the business. They are considered a specialist in Procurement with extensive knowledge of the Supply Chain function and influence the direction and resource allocation of programs and projects in their discipline. The role requires conceptual and innovative thinking to develop creative solutions to Procurement challenges.
Responsibilities
- Plan, organize, and manage the procurement of materials, equipment, and services required for projects per company and client requirements; in compliance with established company policies and procedures.
- Interface with the procurement function and other McDermott departments for all matters related to the procurement of material for projects.
- Work closely with PPMs.
- Oversee all procurement activities associated with the effective procurement of project materials, equipment, and services scopes per Project or end-user schedules, specifications, and budgets.
- Implement the Project Procurement Execution Strategy applicable to each project.
- Manage the Project Procurement group to undertake RFQs, commercial evaluations, and PO award.
- Resolve all commercial and Terms and Conditions criteria and issues related to RFQs and PO’s.
- Monitor all project procurement-related activities and performance, providing direction and support needed to team members, to ensure the successful delivery of project requirements.
- Liaise with vendors, coordinate and assume lead participation in vendor commercial clarification meetings and/or conference calls, and act as the company focal point on commercial discussions with vendors during the preorder stage, i.e., from RFQ to PO award for projects procurement.
- Liaise with individual Project Procurement Managers/Coordinators on all procurement matters related to the execution of the Project Procurement Strategy and the effective award of PO’s for Project materials, equipment & services scope.
- Liaise with Engineering and QC on technical matters related to an RFQ and/or PO in the pre-award stage.
- Liaise with Legal to resolve vendor T&Cs and Accounts Payable to resolve vendor payment issues.
- Monitor and review market conditions and report price and delivery trends for Project materials and equipment.
- Ensure conformance with the company policies and Procurement procedures by the Project Procurement group and contribute to continuous improvement of procurement work methodologies and processes.
- Supervise, train, and coordinate the activities of buyers and supporting staff and provide continuous support to staff in their undertaking of all tasks and activities.
- Undertake regular staff performance reviews.
- Provide procurement reports as necessary and undertake tasks, activities, and assignments at the direction of the management.
Qualifications
- Bachelor’s Degree (or equivalent) in Supply Chain Management (or a relevant discipline) or HSD/GED/IGCSE with 15 years of relevant experience.
- 10–16 years of relevant experience.
- Familiar with procurement procedures, standards, and codes.
- Highly analytical and capable of mapping processes to determine areas for improvement.
- Must be able to quickly learn complex software and be able to teach others.
- Must be capable of handling a diverse workload and multiple tasks with accuracy under minimal supervision.
- Work well with others and understands the value of teamwork.
- Must be intrinsically motivated to succeed and have a high desire for achievement.
- Procurement experience in “lump-sum” business.
- International experience and cultural sensitivity.
- Good communicator with excellent presentation skills to achieve goals and directives.
- Prefer lump-sum turnkey and modular experience.
- Prefer SPM, JDE E1, ERP, Oracle experience.
- Strong proficiency with the entire Microsoft Office Suite.
Senior Principal Procurement Specialist employer: McDermott International, Ltd
At McDermott, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Senior Principal Procurement Specialist, you will have the opportunity to tackle complex challenges while working alongside a talented team dedicated to professional growth and development. Our commitment to employee success is reflected in our comprehensive training programmes and supportive environment, making McDermott a rewarding place to advance your career in procurement.
Contact Details:
McDermott International, Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Principal Procurement Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the procurement field and let them know you're on the lookout for opportunities. Attend industry events or webinars to meet new people and expand your network. You never know who might have the inside scoop on a job opening!
✨Tip Number 2
Prepare for interviews by researching the company and its procurement strategies. Think about how your experience aligns with their needs and be ready to share specific examples of how you've tackled complex procurement challenges in the past. Confidence is key, so practice your pitch!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that excite you! Use our website to find roles that match your skills and interests. Tailor your approach to each application, showing how you can bring value to their procurement team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show your genuine interest in the role and the company. It’s a small gesture that can make a big impact!
We think you need these skills to ace Senior Principal Procurement Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Principal Procurement Specialist role. Highlight your experience in procurement and supply chain management, and don’t forget to showcase any innovative solutions you've implemented in past roles.
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 specific projects or experiences that demonstrate your ability to solve complex procurement challenges and how you can contribute to our team.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to include examples of how you've mapped processes or improved procurement methodologies in your application. We love seeing candidates who can think critically and creatively!
Apply Through Our Website:Don’t forget to apply 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 you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at McDermott International, Ltd
✨Know Your Procurement Stuff
Make sure you brush up on your procurement knowledge, especially around complex issues and innovative solutions. Be ready to discuss specific examples from your past experience where you've tackled procurement challenges head-on.
✨Showcase Your Analytical Skills
Since the role requires a high level of analytical thinking, prepare to demonstrate how you've mapped processes and identified areas for improvement in previous roles. Bring along any relevant data or reports that highlight your analytical prowess.
✨Teamwork Makes the Dream Work
This position values collaboration, so be prepared to talk about how you've worked effectively with cross-functional teams. Share stories that illustrate your ability to liaise with different departments and manage diverse workloads.
✨Be Ready for Technical Discussions
Familiarise yourself with the technical aspects of procurement, including RFQs and PO processes. You might be asked to discuss how you would handle vendor negotiations or resolve T&Cs, so have some strategies in mind to showcase your expertise.
