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For Companies At a Glance
- Tasks: Manage sourcing cycles and collaborate with diverse teams to drive successful initiatives.
- Company: Join McKinsey & Company, a global leader in consulting with a vibrant culture.
- Benefits: Enjoy competitive salary, comprehensive benefits, and a focus on holistic well-being.
- Why this job: Make a real impact while developing your skills in a dynamic environment.
- Qualifications: Bachelor’s degree and 7+ years of relevant experience required.
- Other info: Be part of a diverse community across 65+ countries, fostering creativity and innovation.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Join to apply for the Sourcing Expert - External Workers - Non-Tech role at McKinsey & Company.
Who You’ll Work With
You are someone who thrives in a high-performance environment, bringing a growth mindset and entrepreneurial spirit to tackle meaningful challenges that have a real impact. In return for your drive, determination, and curiosity, we’ll provide the resources, mentorship, and opportunities to help you quickly broaden your expertise, grow into a well-rounded professional, and contribute to work that truly makes a difference.
- Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development.
- A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity.
- Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions.
- Exceptional benefits: On top of a competitive salary, we provide a comprehensive benefits package to enable holistic well-being for you and your family.
Your Impact
As a Sourcing Expert for External Workers Non-Tech, you will be responsible for managing end-to-end sourcing cycles, including market analysis, RFP/RFQ development, supplier evaluation, negotiation, contracting, and performance management. You will collaborate with a broad range of stakeholders, including Finance, Legal, HR, and IT, in a dynamic and fast-paced, matrixed environment. Your ability to engage and align with these diverse teams will be critical to driving successful sourcing initiatives and achieving desired outcomes.
You will assess each sourcing situation and recommend the most effective approach based on context and value objectives. This may involve strategies such as comprehensive Request for Proposals (RFPs), Request for Quotes (RFQs), or direct negotiations. Leveraging your expertise, you will drive the delivery of innovative and syndicated negotiation strategies for sourcing events. Your exceptional negotiation skills and supplier evaluation techniques, tailored to the non-IT professional services category, will ensure optimal results and value creation.
You will partner with category managers, sourcing teams, purchasing teams, and other capabilities such as technology and procurement operations to establish seamless end-to-end processes and standard operating procedures (SOPs). These processes will ensure smooth handoffs, deliver consistent and auditable sourcing experiences, and enhance operational efficiency across the organization.
You will also identify and define key performance indicators (KPIs) for both strategic and operational performance metrics, such as spend under management. By implementing performance tracking against these targets and leveraging data analytics and spend analysis, you will uncover opportunities to enhance sourcing outcomes and drive continuous improvement.
Finally, you will play a pivotal role in delivering innovative and syndicated negotiation strategies for sourcing events. By applying your outstanding negotiation skills and supplier evaluation expertise tailored to the specific category, you will ensure the best possible outcomes and contribute to the overall success of the organization. Your efforts will contribute to enhancing sourcing effectiveness through spend analysis, detailed cost assessments, strategy formulation, requirements alignment, RFP management, business case development, and disciplined negotiation practices.
Your Qualifications and Skills
- Bachelor’s degree or equivalent work experience required; advanced degree preferred.
- 7+ years of relevant experience, with at least 5 years focusing on professional services (non-tech).
- Deep expertise in the Professional Services category dynamics—covering rate benchmarking, contract structures (e.g., T&M, fixed price), and supplier relationship management—along with strong vendor management, cost modeling, and total cost of ownership (TCO) analysis skills.
- Solid understanding of compliance, risk management, and procurement policy frameworks.
- Strong financial acumen, data analytics capability, and the ability to translate complex business requirements into effective sourcing strategies that deliver measurable value.
- Ability to offer innovative ideas, constructively challenge conventional wisdom, and work collaboratively.
- Proven ability to analyze problems, make wise recommendations, and lead analysis and reporting of key metrics.
- Establish trust with colleagues across geographies, roles, and levels, and maintain a non-hierarchical approach with strong influencing capabilities.
- Strong written and verbal communication skills, with the ability to convey information effectively to senior leaders and stakeholders.
- Outstanding communication skills and the ability to anticipate, identify, and mitigate issues affecting the firm’s image and reputation.
Seniority Level: Mid-Senior level
Employment Type: Full-time
Job Function: Other, Purchasing, and Supply Chain
Industries: Outsourcing and Offshoring Consulting
Location: London, England, United Kingdom
Sourcing Expert - External Workers - Non-Tech in London employer: Mckinsey & Company
Contact Detail:
Mckinsey & Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sourcing Expert - External Workers - Non-Tech in London
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or attend industry events. 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 role thoroughly. Understand their values and how you can contribute. This will help you stand out and show that you're genuinely interested in making an impact.
✨Tip Number 3
Practice your negotiation skills! As a Sourcing Expert, you'll need to demonstrate your ability to negotiate effectively. Role-play with a friend or mentor to build confidence before the real deal.
✨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.
We think you need these skills to ace Sourcing Expert - External Workers - Non-Tech in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Sourcing Expert role. Highlight your relevant experience in managing sourcing cycles and your expertise in professional services. This shows us you understand what we're looking for!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your negotiation skills, supplier evaluation techniques, and ability to drive sourcing initiatives. We love seeing how you've made an impact!
Be Clear and Concise: When writing your application, keep it clear and to the point. Avoid jargon and make sure your key achievements stand out. We appreciate straightforward communication, especially when it comes to complex topics like sourcing strategies.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you're proactive and keen to join our team!
How to prepare for a job interview at Mckinsey & Company
✨Know Your Sourcing Strategies
Make sure you brush up on various sourcing strategies, especially those relevant to non-tech professional services. Be ready to discuss your experience with RFPs, RFQs, and negotiation tactics. This will show that you understand the nuances of the role and can hit the ground running.
✨Showcase Your Analytical Skills
Prepare to demonstrate your financial acumen and data analytics capabilities. Bring examples of how you've used data to drive sourcing decisions or improve outcomes in previous roles. This will highlight your ability to translate complex business requirements into effective strategies.
✨Engage with Stakeholders
Since collaboration is key in this role, think of instances where you've successfully worked with diverse teams like Finance, Legal, or HR. Be ready to share how you built trust and maintained strong relationships across different levels and geographies.
✨Communicate Effectively
Practice articulating your thoughts clearly and concisely. You’ll need to convey complex information to senior leaders, so consider preparing a few key points about your past experiences that showcase your communication skills. This will help you stand out as a candidate who can effectively influence and engage others.
