Strategic UK Category Specialist - Sourcing & Savings in London

Strategic UK Category Specialist - Sourcing & Savings in London

London Full-Time 63000 - 77000 £ / year (est.) On-site
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At a Glance

  • Tasks: Support Category Managers with commercial insights and data analysis for strategic sourcing.
  • Company: Join M&G, a leading financial services company in London or Stirling.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
  • Other info: Collaborative environment with a focus on innovation and stakeholder engagement.
  • Why this job: Make an impact by driving savings and optimising supplier negotiations.
  • Qualifications: Analytical skills and experience in procurement or category management.

The predicted salary is between 63000 - 77000 £ per year.

M&G in London or Stirling is seeking a Category Specialist to provide UK commercial and analytical support to Category Managers.

You will build evidence for category strategy, savings, and negotiation, and collaborate with the India Procurement team on execution at scale.

The role focuses on spend analysis, supplier negotiations, and data driven insights using Power BI and e Sourcing tools.

You will engage stakeholders, manage renewals, and help deliver the category savings plan while upholding

Strategic UK Category Specialist - Sourcing & Savings in London employer: MG

M&G is an excellent employer that fosters a collaborative and innovative work culture, where actuaries can thrive in their roles while contributing to meaningful projects. With a strong focus on employee growth, M&G offers numerous professional development opportunities and encourages a supportive environment that values diverse perspectives. Located in the UK, employees benefit from a dynamic market presence and the chance to work alongside industry leaders in a forward-thinking organisation.

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Contact Details:

MG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Strategic UK Category Specialist - Sourcing & Savings 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 MG.

✨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 UK Category Specialist - Sourcing & Savings in London

Commercial Acumen
Analytical Skills
Spend Analysis
Supplier Negotiation
Data-Driven Insights
Power BI
eSourcing Tools

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

How to prepare for a job interview at MG

✨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 MG!

✨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 MG. 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 MG's culture.